If you haven’t already taken advantage of the high price of gold, follow these tips to get the most money for your items.
• Learn the lingo and shop around. Pure gold is measured by the troy ounce (just over 31 grams). Dealers often quote price per pennyweight (20 pennyweights equal a troy ounce), which sounds like they are paying more. Visit at least three legitimate gold buyers who are members of the Better Business Bureau, and don’t accept the first offer.
• Stay clear of mail-in companies, which pay significantly less. If you use one, select one that offers free insured shipping you can track online. Remove jewels and photograph the item before you send it in.
• If the piece is an antique or has fine craftsmanship, have it appraised and sell it as jewelry.
Thursday, June 3, 2010
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There are a few other places to sell gold jewelry, for example online auctions and the like, but the major two listed above will be the best bet for 90% of people looking to sell their gold jewelry.
Sell gold jewelry
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