Selling unwanted gold items such as jewelry can be a wonderful way to raise money in a pinch. However, it can be difficult to know who to trust when navigating the gold buyer market and how to ensure you are receiving the full value of your pieces.
To prevent anyone from taking advantage of you, you’ll want to know the price of gold in the current market.
This is an amount that fluctuates daily, so it is crucial to have the most up-to-date information. To get the best price for your gold, determine its physical and emotional value. Since most items are comprised of a mixture of gold and other materials, have a professional determine how much true gold is in your piece. Assessing the value of your item based on weight is discouraged because the item might not be pure gold. Also, some items are more valuable than their weight, such as a complete set of jewelry.
After you have this information, you can look for a trustworthy gold buyer either locally or online. Before making their purchase, this buyer should provide you with an estimate you can use to help make an informed decision.