Guidelines for selling jewellery for cash
You can actually get quick money indulging in cash for jewellery, and
that’s what we are going to talk to you about today. Hence, please read
on how you can actually treat yourself to abundance, with ways on using
cash for silver, or even by thinking to convert gold to cash.
You would find many of the gold dealers or silver dealers out there
willing to buy your scrap precious metal, but we would ask you to first
check their credentials and the market as well, before you choose to
sell for money. A little research now wouldn’t kill; rather it would
bring in more than what you expect.
1. The first thing you should do before selling your precious metals would be to know its worth. And the best way to find its value would be to head to a reputed jeweler and get the needful done. Some of them may charge and some would do it for free. You can even get an appraisal done for free online these days, so take advantage of it, if the purse strings are too tight.
2. When making an appraisal, ensure that the jewelry has no stones on it. The next step would be to check the karat stamp on the scrap metal. Use a standard kitchen scale to get the measurement done, and you would know how many grams or ounces it weighs. Once you get that, ensure you convert it into what they call “penny weights”; this is how gold transactions happen. Remember, 1.5 grams is equal to 1 penny weight.
3. You now know how to check the worthiness of the precious metal, the next step then would be to check for reputed dealers. Check the listings, both local and national, either online or otherwise.
4. Selling would be the final step, after your worth checking and research for the semi precious metal is done. Don’t make the mistake to sell the precious jewelry instantly to the first bidder that comes across, no matter how urgent the need for money is. Check with at least four to five dealers or refiners offering cash for jewellery and value or weigh your options. We hope you now know how to get cash for silver, or convert gold to cash.
David Botham is a market researcher and have knowledge of various precious metals and related things. The above information is as per the extreme knowledge of the author.
1. The first thing you should do before selling your precious metals would be to know its worth. And the best way to find its value would be to head to a reputed jeweler and get the needful done. Some of them may charge and some would do it for free. You can even get an appraisal done for free online these days, so take advantage of it, if the purse strings are too tight.
2. When making an appraisal, ensure that the jewelry has no stones on it. The next step would be to check the karat stamp on the scrap metal. Use a standard kitchen scale to get the measurement done, and you would know how many grams or ounces it weighs. Once you get that, ensure you convert it into what they call “penny weights”; this is how gold transactions happen. Remember, 1.5 grams is equal to 1 penny weight.
3. You now know how to check the worthiness of the precious metal, the next step then would be to check for reputed dealers. Check the listings, both local and national, either online or otherwise.
4. Selling would be the final step, after your worth checking and research for the semi precious metal is done. Don’t make the mistake to sell the precious jewelry instantly to the first bidder that comes across, no matter how urgent the need for money is. Check with at least four to five dealers or refiners offering cash for jewellery and value or weigh your options. We hope you now know how to get cash for silver, or convert gold to cash.
David Botham is a market researcher and have knowledge of various precious metals and related things. The above information is as per the extreme knowledge of the author.
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