Are you ready to turn your gold into a cash payout? All too often, we accumulate gold from various parts of our lives. From a piece of jewelry handed down to us from an unknown relative or from gold that we purchased to be able to exchange when we need cash. If you’re looking to sell gold coins or other similar items, Fine Estate Buyers would love to work with you.
Many precious metal experts suggest that you work with companies that specialize in gold so you can get the best price for it. One of the main reasons is companies who specialize in gold have a reputation to uphold and don’t need the poor feedback in such a competitive market.
Defining Gold and How its Measured
The market price for precious metals is based on purity. Each piece of gold is rated against 24-karat gold, which is pure gold. Other ratings are 10-karat, 14, or 18-karat. This translates into 40%, 50%, or 75% gold. As the numbers decrease, so will the value and how much you receive for it in return. You will want to work with a gold specialist because they will have fewer “middlemen” in the process which can cut into your overall profit.
Gold Isn’t a Stable Commodity
Contrary to what you often hear on TV, gold is not a solid investment. You are always at the mercy of the market with gold. If you want to sell a gold ring, you’ll need to determine if it is worth more sentimentally to just hang on to it, or to sell it.
Many people are opting just to sell their gold so they can do more with the money, invest in other stable commodities or use the profit towards things they really need. We suggest having a conversation with us, so we can learn more about your gold pieces. If you want to sell a gold bracelet after all is said and done, we will be happy to give you a competitive price for it.
Gold Not to Sell as Scrap
Is there such a thing? In some instances, you might have gold that is vintage like Tiffany or Cartier. Selling it as scrap isn’t going to earn you as much as if you simply sold it for the brand. Vintage and antique jewelry is a strong market, and you’ll want to work with a skilled eye if you’re going to sell those items for a premium price.
Fine Estate Buyers can help you sell gold, even gold dental pieces near you. Please call or connect with us online so we can evaluate what you have and give you insight into your gold items. We look forward to working with you.