(Oroyfinanzas.com) - Do you intend to sell the gold that has saved in the form of rings, bracelets or chains and it seems a good time for it?There are currently many companies that are dedicated to buying second -hand gold or also called junk gold (Scrap) for recycling.Due to the high price of gold, the recycling of the same has become a great business in recent times due to the high demand that exists for gold.
Some of these companies that are dedicated to the purchase, of what is called gold or scrap gold, have been in the market for years and, as with the established jewelry stores, they are of maximum confidence.However, there are companies that only seek quick profits and care more about customer service, and the company's reputation.Therefore, they never hesitate to “google” the name of the company to which it will be directed and verified how long it has been offering its services, if there are reliable testimonies about it or if it has positive coverage in the media.
24 carat gold, 18 carats or 14 carats
Gold in the international market is quoted on Troy ounces equivalent to 31.1 grams and are a purity of 24 carats.Only the ingots and some golden investment coins are 24 carat pure gold, but most of the jewelry pieces have a purity of 22, 18, 14 or 10 carats.The gold of maximum purity is too soft for its use in jewelry, so an alloy is made with other metals such as copper, silver etc.To give you more consistency.
This means that if what you want to sell, for example, it is a 10 grams piece of gold with a purity of 18 carats, it contains 75% gold (7.5 grams).If the piece out of 14 carats would have 58% gold and if it is 10 carat the content is 42% gold.Pay close attention to that gold pieces of different carats are weighed together.
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Never hesitate to ask for a price on several companies, in order to compare.Offers to sell their gold by postal mail are abundant, but they do not usually pay much money for gold.They can be recommended for small quantities or if you do not live near an accredited distributor.
If the sale is going to be made through an online company, do not hesitate to call the company and talk personally with someone from the company asking you the same questions you would ask if you were physically in a store.If they require you sending your gold for an appraisal, be sure to get a detailed receipt.Always perform a complete inventory with photographs of what you have sent.
In the case of gold jewelry pieces that can be valuable, by the brand or antiquity a professional appraisal should be made.You will have to pay for appraisal, but you will win in information and worth it.Always be sure to understand the terms and conditions you sign when selling, if not, do not hesitate to consult with someone to explain it, it is always better a ‘just in case’ than a ‘who was going to think’.
Image Source: SellgoldPlacerville
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