While some people choose to sell their old jewelry products to one of the several buyers who promote their services online or on television, many choose to sell them to a local buyer.
The advantage of selling locally is that you get your money much sooner — sometimes at the same time you receive the offer. Bring your gold and silver items to a precious metals buyer or coin shop. Many of them will test your jewelry’s gold or silver content right there, and offer you a price based on the amount of precious metal.
Selling to the other buyers who advertise on television and the Internet is a bitthornier. Usually, these companies send you a mailing box or envelope to use to ship your items back to them. After a few days, they launch an offer and either accept it, or decline. If you go with the offer, you get a check. If you decline it, the company will return your jewelry or bullion, but the postage is usually on you this time.
The first thing you can do when attempting to deal with Cash for Gold Jewelry is how to buy high-quality gold jewelry at the best possible prices. The reason is that in as much as gold prices are always increasing, there are times where the prices are always decreasing. With these changes taking place within days or even hours of each other, you may not know what to do or when to buy the gold jewelry.
When buyers say that we buy "solid" gold or we buy Rolex watches, which means that the entire piece if made up of gold and not gold plated, filled, rolled, etc., and usually of 10 karat purity or more.
If it is not confirmed about the item you want to sell is made of, the buyers can take a look and help you understand the quality of your item.
If you want to examine the item yourself, here are some things to look for:
Jewelry and coins usuallycarry a quality marking of some kind telling you what the item is made from. With jewelry, one sometimes need to look precisely or use magnification to check engraved quality marks, but you may be able to see it with your naked eye.
If a piece is made of solid gold, it will be typically be marked 10k, 14k, or 18k.
If a watch is plated (not solid), there will typically be extra letters that come with the carat quality mark, such as "14k G.P." with the "G.P." suggesting "gold plate". In this case, the item is made of some kind of base metal with a thin coating of gold over the top.
Other marks you may see include "G.E." or "G.E.P." signifying "gold electroplate," or "G.F." signifying "gold filled".Any of these extra signs refer that the item is not made of solid gold, and it's not an element the buyers would be ready to buy. You can choose to sell Rolex watches online as there are many service providers available on the internet.