Selling scrap gold to a metal refiner, you first may want to get prices from jewelry stores..
You have the choice to receive the greatest amount of cash for your scrap gold. For many people, a company like Cash4Gold is the optimal option because they purchase jewelry and gold of any kind. Damaged necklaces, single earrings, dental gold, and anything with gold and silver in it.
But if you have a piece of jewelry which is valued much more than just the metal that makes it up? You assume you can get more money from a jewelry store for selling your items.
But wait, here’s what you have to know so there aren’t any surprises!
You Can’t Trust Engraving
Skilled jewelers and special equipment can tell exactly what kind of gold makes up jewelry. Your piece of jewelry might not be as valuable as you think.
The engraving on jewelry marks its karat, or gold purity level. Some countries have no rules and laws requiring that engraving be authentic, and some don’t require a 3rd party to verify jewelry’s gold content. It’s likely your piece of jewelry is wrongly imprinted to misrepresent the content for the seller to earn more cash. Read more...