Buying and Selling Gold JewelleryMay 10, 2023
Buying gold isn’t that difficult to do. When dealing with gems, an expert eye is needed to determine the quality of the gem. You don’t have that problem with gold. All real gold jewellery will have a carat quality mark. This mark lets you know the purity of the gold jewellery. In most cases, the mark will read 24k, 18k, 14k, or 10k. If the mark reads 24k, you are dealing with pure gold. It is important to note that some sophisticated fake jewellery will have carat quality marks, so it is important to take the look and feel of the jewellery into account when determining if it is authentic or not.
When looking to purchase gold jewellery, you can choose between white and yellow gold. Although not as common as yellow gold, white gold can be a valuable addition to your jewellery collection. White gold is coated with rhodium or platinum to give it a silver-like shine. Because of its appearance, people often confuse white gold with silver or platinum.
Sell your gold jewellery according to its value. It is always best to sell you gold plated jewellery yourself when compared to selling it to a pawn shop or jewellery store. These places will buy the jewellery from you at a low price so that they can sell it for a profit. Look to get at least 40-50 percent less than the jewellery is worth if you decide to sell it to a pawn shop or jewellery store. Place an add on the Internet and sell your gold pieces yourself.
Decide if you want to buy gold-plated jewellery. Gold-plated jewellery is simply another metal coated with gold. In most cases, gold-plated jewellery will be yellow gold. Because the gold is prone to coming off the metal it is coating, this type of jewellery is not to be worn too often. These pieces are also know to cause skin irritation if worn by people with sensitive skin.
Don’t send your jewellery away to places that buy gold through the mail. You can end up waiting weeks for a response; the response and price quote that you get is rarely worth the wait. If you are not satisfied with the money that you are offered, you then have to pay to get your gold shipped back to you.