December 18, 2009
Types Of Gold Jewelry You Can Sell For Cash
It is important to understand the nuances of the cash for gold process. First of all there are several different types of gold you need to be aware of. Also some items may appear to be made of real gold but are really only gold plated or painted. Most real gold should have the karats printed on it somewhere but if your piece doesn’t it doesn’t mean it’s not necessarily real.
For the most part there are two major types of gold. The first of which is yellow gold which looks just as you probably picture most gold. White gold which is the other main type of gold is very similar but more silver in color. There are a few other variations such as rose colored gold or red gold but they are much less common.
Although many think of platinum as a gold, it is not gold, but rather a very precious metal that is heavier than gold. A very strong metal, such as platinum, is very popular for fine jewelry. You can also sell platinum jewelry if you have pieces you don’t use or want. Although, many people occasionally confuse sterling silver with gold, it is not gold. It is a silvery white metal that is much more affordable than gold.
High school rings are often the first type of jewelry that people will consider selling. Once they’re out of school, the ring often is put away, never to be worn again. If you’re looking for jewelry to sell, school rings can be sold just like any other used jewelry you may have.
A few years ago, gold buyers would get dental gold from time to time. Now they are getting it on a regular basis. People that have old bridges, fillings or crowns made of gold are choosing to sell them rather than have them in a bag for years. They don’t have any second thoughts about selling gold dental work. After all, not too many people are sentimental about old fillings.
Now of course the big question is how much you can actually get for your gold. But the answer isn’t quite as straightforward. The value of gold changes constantly so it depends on when you decide to sell. But it also depends on how much your selling and how many karats the gold contains. Gold buyers only pay for the gold and don’t consider and craftsmanship or resale value. And all these factors can vary quite a bit piece to piece. So in the end you just have to find a gold refiner or dealer who will pay more than the others.
Heather writes articles on a website where she teaches people about the cash for gold process and how to avoid cash for gold scams. If you want to learn more about gold buyers visit the site.
Filed under Personal Finance by Heather Rockchester

Leave a Comment
You must be logged in to comment