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Archive for May, 2011

Sell Gold Jewelry For a Profit – It’s Easy

Sunday, May 8th, 2011

Selling gold jewelry for a profit is really easy, but you should be aware that there are gold buyers out there that don’t have your best interest in mind and will rip you off if you are not careful. So many people these days are having a difficult time paying bills and they get caught in the cash for gold scam. It’s not hard to avoid getting scammed and that is how I want to help you out. Here is what if found out about selling gold jewelry.
How much is your gold jewelry worth?

Chances are that you have 14 karat gold jewelry. Most jewelry is made of 14k gold because it is durable and can stand up to being worn and used over many years. You should be aware that 24k gold is the purest form of the metal and jewelry is simply not made of pure gold because it is too soft. The gold price that you find on the news networks is for pure gold and you cannot expect to get that much for your jewelry. 14K gold is 58 percent pure, so keep that in mind.

Where can you sell your gold jewelry?

You basically have a handful of choices when deciding to sell your gold jewelry for a profit. Your basic choices are pawn shops, jewelry stores and online gold buyers. Pawn shops and the like can offer you quick cash for your jewelry, but online gold buyers will pay you more because they don’t have the overheads that brick and mortar stores do. That’s how you keep from letting the pawn shops and jewelry stores rip you off.

How do online gold buyers work?

Online gold buyers offer a mailing service that allows you to ship your gold to them for evaluation. There process is free and the good ones offer a free return policy on your gold jewelry if you are not happy with their offer. In a few days you can expect a check in the mail with their offer. Yep, it’s as simple as that.