Getting the Greatest Cost Whenever You Promote Platinum Jewellery1815257

Global gold rates modify continually and the money price of one's employed gold jewellery is immediately associated with this global marketplace. When you decide to sell your old jewellery for cash to a local gold buyer, or through the mail if you are selling to one of the many buyers who advertise "cash for gold" on TV or the Internet, keep in mind that each buyer will offer you a different price. Some gold buyers will offer a fair cash price for yourjewelry, some will not. The only way to protect yourself in this "buyer beware" marketplace is to understand four basic principals of buying and selling employed gold jewellery.

The value of one's gold jewellery is based on the purity, the weight and the current gold rates Gold buyers in this economy do not buy gold jewelry to resell, they buy it to melt down, so there is no value in craftsmanship or artistry of the jewelry you want to sell (unless you have rare antique jewelry with proven demand from collectors) The cash price a gold buyer offers you when you sell jewellery may change daily If you visit multiple gold buyers on the same day, with the same jewellery, you will get different cash for offers, and they will probably vary dramatically

When you consider these four points, it is clear that the only way to get the highest cash price for gold is to shop around, preferably on the same day. This is one of the main reasons why selling gold by mail is a problem. Once you send your jewelry off to one of those companies that advertise "cash for gold" on national TV or the Internet, you'll never know if you are getting a fair and high cash price for your jewelry because you cannot compare it to other cash offers from buyers on the same day.

Local gold buyers typically pay more for gold jewellery because they do not have to finance national TV advertising budgets.

Bottom line: If you want the highest cash offer for your gold jewellery, take your time, educate yourself about the gold buying and selling business, and compare the cash offers from several reputable buyers in your local area. If you do decide to send your gold through the mail to an out-of-state buyer make sure you 1) get one or more local offers from licensed gold buyers first, and 2) be willing to play hardball and demand that the buyer return your gold if their price does not seem fair compared to the cash offers you received from local gold buyers.