If you are interested in selling gold jewelry, there are a couple of things that you need to be certain of before you make any decisions. Swapping gold for cash can be easy and very profitable if you find the best place to sell your gold. So what is the purity of your gold?
First of all you need to consider the purity of your gold. If you are considering selling your jewelry, check to see if it has a karat stamp. If your jewelry has a karat stamp on it then it is real gold. 24K is the purest form of gold. Here is an easy tip to determine just how pure your gold jewelry is. If your jewelry has the 18K stamp on it, then it is 75% gold or 75% pure.
The same goes for 10K. 10K jewelry is 41.7% gold. It's simple math. Just divide your karat stamp amount by 24 and that gives you the purity in percentage. The higher the percentage, the purer the gold, the more money you get, it's as simple as that. How can you trade in gold for money?
When considering trading in your gold for money, you have a few different choices. The most popular choice for many people is to run down to the jewelry store to get their items evaluated. But jewelry stores aren't a very good choice, because they just can't give you very much for your things.
Jewelry stores are simply not going to be able to sell your broken or unwanted items to their customers. Now if you have a Faberg broach, then you should run straight to a good jeweler and have it appraised. But don't expect to get a retail value from any type of gold buyer like this. Now there is a different option that some people don't even know about
Now here is the best place to sell your unwanted items. You need to find a respectable online gold buyer to get the most money for your broken or mismatched jewelry.
by: Alan Liddy
About the Author:
When I made the choice to sell my gold jewelry for a extra cash, I looked all over the web to make sure that I got the most money that I could.