Best Prices On Selling Gold Jewelry

Get a value for your gold.

Best prices on selling gold jewelry.

Gold is a fascinating commodity one of the oldest forms of investment wealth as well as deeply sentimental when in the form of jewelry and other art. Here is a quick comparison of top buyers. Money adviser checked with cash4gold goldkit and goldpaq and found they only pay about 11 to 29 percent of daily market value. Best place to sell gold and jewelry.

Why gold is valuable. The price that a gold buyer will give you for your jewelry is based on the price of gold for that day. Selling jewelry as jewelry is usually best if it has some historical or artistic value. The price of gold is up 20 percent since the beginning of 2011 and by mid august gold was going for over 1 700 per.

Determining melt value to determine the melt value of your gold piece use the weight of your piece measured in grams the purity of your piece measured by percentage and the current. A plain gold necklace will be worth less than a well preserved hundred year old necklace that contains the same quantity of gold because the old necklace has historical significance. If you re selling gold coins a reasonable settlement would be 90 of the market value. If you re selling gold jewelry a reasonable settlement would be 70 to 80 of the market value.

Many sources including the kiplinger article mentioned above suggest that you should aim to get 90 to 95 of the spot price when selling gold and silver bars or coins and 70 to 80 of melt value for jewelry and other items. They pay 75 to 80 for gold jewelry and 90 for gold coins. Mail in buyers the absolute worst deal for your gold and jewelry comes from firms that advertise online on tv or on highway billboards. We found prices offered by cash for gold companies compared poorly with high street jewellers pawnbrokers and online gold buying services.

Compare prices from as many sources as you can before selling your gold. Whether you have gold diamond and other fine jewelry selling to an online jewelry buyer or via an online auction gives you the best chance to get the highest price and with the most convenience and trust. Answers to commonly asked questions about gold prices and selling gold coins and jewelry. If you have a 14k gold piece it s 58 5 pure so at most you would get 58 5 of the price for gold on that day.

Gold prices usually are quoted per troy ounce which is equal to 31 1 grams so you can easily divide the current gold price by 31 1 to get the price per gram. 23 2011 in today s swerving economy stocks are out and gold is in.