Tuesday, April 30, 2013

What Can You Sell to Gold Buyers

Gold buyers are interested in jewelry that contains any precious metals. This includes gold, silver, platinum and palladium. They will usually also buy your diamonds as well.  Bear in mind that when you wish to sell your jewelry, you should compare the prices and terms that the different gold buyers offer.  Most gold buyers are considered secondary metal recyclers. This means they will most likely be melting or smelting the items for their purity values.
Gold

The steady price of gold has made this a profitable commodity.  Buyers are always on the lookout for good gold jewelry.  Assorted gold jewelry is considered scrap gold. Broken or old jewelry is all smelted and therefor will be valued on their purity and weight. If you have a bunch of necklaces or rings that no longer have the stones set into them, gold buyers may offer you a decent price for these.  In the past gold tooth crowns were quite popular as were gold fillings.  If you are having these removed from your teeth or have had some removed and kept it, you may be able to get some money for it. 

Diamonds

Many people have diamond jewelry that they no longer wear or, for that matter, want.  Most gold buyers will be willing to buy these items from you.  There are often some rules that apply to the size of the diamonds.  Many of these gold buyers will buy your diamonds only if they exceed 0.25 carat and if they are in good condition.  This will often rule out those small diamonds that are often set in bracelets and fashion jewelry.

 

Foreign Gold Coins
Many gold buyers are interested in Krugerrands, Sovereigns and Pesos.  These coins are traditionally treated as investment gold.  They do not lose value like traditional precious metals and you could get a very good price for them.  The value is highly dependent upon the condition, year of casting and weight of gold.  If you have any of these items available for sale, you will do well to offer them to several buyers so that you can get the best price.

Silver
In the past, silver was always negatively compared to gold.  Many people assumed that silver was simply jewelry for the young.  Silver has raised its level in the jewelry market and you can now profitably sell your silver jewelry.  Certain buyers are not only interested in your silver jewelry, but will also purchase brooches, letter openers and tableware from you.  You could make a handsome profit on these silver items.
 

By looking through your old boxes and drawers you may have some cash to be made on your old or unused jewelry.

 By, Kevin Robbins
Gold Solutions, LLC

 

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