Tips For Getting Cash For Gold in Wheaton

by | Aug 16, 2016 | jewelery

Many people have old gold jewelry lying around, collecting dust. Whether the jewelry is outdated or broken, it still has value if it is made from gold. Today, there are many businesses that are offering cash for gold Wheaton. These businesses can allow people to cash in on their old gold and make a profit. While the process of selling gold for cash is fairly straightforward, there are a few things to keep in mind to ensure one gets a fair price for their gold pieces.

• It is important a seller understands how gold scales work so they can be sure they are being paid fairly. Some gold buyers use scales that measure in pennyweight while others use Troy ounces. It is important one knows the type of scale and what they are being paid by so they can be sure they are being given a fair price.

• Before one attempts to sell their gold jewelry, they need to be aware of how many karats of gold it contains. The higher the karat, the more valuable the piece. If one is unsure of the karat of their gold, it behooves them to have it tested before they attempt to sell it. Once a person knows the karats of their jewelry, it is crucial they keep their karats separated to ensure their gold is not all being weighed together.

• Knowing the value of a gold piece is crucial. While gold has a certain value being melted down by weight, some designer pieces or antiques may have more value than their melt-down price. It is important to carefully research the jewelry piece before attempting to sell it for cash so one can be sure they are getting a fair price.

• Before a seller seeks cash for gold Wheaton, they need to make sure they work with a reputable buyer. Checking with the Better Business Bureau is always a good idea to ensure the buyer has a good rating and does not have any negative disciplinary actions.

Following these easy tips will help to ensure a person can get a fair amount of cash for their old gold.

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