Guide Scrap Jewelry Buying Guide

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Here's everything you need to know about how to invest in this precious metal.

Scrap gold jewelry can quickly build up in your jewelry box, taking up space and getting tangled with your good jewelry. If you are tired of sorting through your scrap jewelry, you should consider selling it. Selling your scrap gold jewelry will not only free up space for your good jewelry, but also result in some extra cash that you would not get by simply throwing it away.

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Before selling your scrap gold jewelry, review the following information to help you get the most for your items. Scrap jewelry may seem worthless because it is no longer useable, but scrap gold, silver, and platinum will always have value. Besides, scrap jewelry is most likely an annoying presence in your home so why not make some cash as you rid yourself of these items? There will always be a market for you to sell your scrap gold jewelry as gold is consistently one of the highest valued precious metals. It is important to have a basic understanding of the gold market, so you can research current gold prices which will help you get a better idea of what your scrap gold jewelry is worth.

Once you have become familiar with the gold market and how to find the price of gold, you can turn your attention to selling your scrap gold jewelry. Looking up the current price per ounce of gold and the gold spot price is the first step in determining the value of your scrap gold.

Here's everything you need to know about how to invest in this precious metal.

The price of gold is commonly given per ounce, but you can also easily find the current price per gram or kilo of gold. How to tell if gold is real with a lighter. Real gold will get bright hot after a while, but will not darken. Fake gold will darken or otherwise change color when exposed to fire. Also, if the piece is gold-plated covered with gold, but made of other metals inside , the thin gold plating will melt, revealing the inner metal.

Test your gold with a magnet.

Scrap Gold | Great Prices | Chards

Gold is not magnetic. Using an extra-strong magnet you can get one from the hardware store , see if your gold jewelry is attracted to the magnet. One side note, sometimes a real-gold bracelet or necklace will have a clasp that is not made of real gold, and will be drawn to the magnet, while the rest of the item will not.

Float test. Real gold will not float, and will not rust. Drop your gold into a glass of water. If it floats, it's fake. Gold bullion coin is the same as gold bullion — simply in the shape of a coin instead of a bar. Again, current 24K prices apply.

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A 1-ounce gold bar is about the size of military dog tag, and 24mm 0. The market price of a gold dollar considers several factors, including purity of gold, rarity, weight and condition. CashForGold can help you estimate a fair price for your gold coin. The company buys all kinds of gold coins, whether gold bullion coins or collectibles like American Eagles, Canadian Maple Leafs, Austrian Ducats. Before you sell your gold, understand what you have, and what the market is. Whether you are selling a fine piece of expensive jewelry with diamonds and other gemstones, or scrap gold, there is a buyer for you.

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Here are tips for getting the most from selling your gold, gold teeth, and gold jewelry:. Whether you live in NYC, Miami, Los Angeles or a small town or city in between, there are countless places to sell your gold — some more reputable than others.

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These include:. While there are certainly reputable local jewelers who can give you an honest price for your gold jewelry, coins, bullion or other items, selling your gold online with a reputable business is advantageous because:. A gold buyer will make an offer based on the weight and purity measured in karats of the metal you send.

One of the oldest and most reliable online gold buyer companies out there. The company will buy any gold jewelry, including bracelets, chains, pendants, rings, necklaces, anklets, charms and earrings. It also buys any gold coin from any country. Enter your name and address at the website, specifying whether you want FedEx or the U. Postal Service, and the company sends you a mailer. This gold buyer, which has been in business for 21 years, accepts necklaces, bracelets, rings, earrings and gold coins.

Express Gold Cash will send you an offer via email, and paid within 24 hours of accepting it. Based in downtown Portland, Ore. Postal Service and insure the items yourself; however, Liberty Gold and Silver will reimburse you. Once you accept the offer, the gold buyer will mail you a check within 24 hours; for a small fee, you can have the money sent to your bank account. If you live in or plan to visit New York, you can schedule a personal appointment.

Scrap Gold Prices

Postal Service. Within 48 hours of receipt Luriya will make an offer. The website offers packaging tips. Information Pack. Lord Lady. First name. Last name. Country Guernsey Jersey United Kingdom. Address search Start typing a postcode or address to search. Company name. Line 1. Line 2. Line 3. TV Advert. Why Buy From Us?

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