If you have jewelry that is broken or you’re not using it for some reason, you have the option to sell it online. There are companies that purchase your unused gold, then refine it for their own uses. This is one alternative to pawn shops and you should learn about what you should know about selling your gold online.
Whichever company you decide to go with, the steps are basically the same. There should be a form on the website to request more information and possibly receive a quote. When you receive your packet, fill it with your gold jewelry and send it back to the company. The gold will be weighed and the metal content will be evaluated, these numbers will determine the amount that you get paid.
The total amount that you get paid depends on the karat of the gold that you send and how much it weighs, but you can send anything you think might be made of gold with the exception of electronics. Jewelry that is old or broken is fine, even gold teeth will be accepted by some places.
One thing to keep in mind is that gems are not often considered in the purchase price. You might be paid for diamonds, but find out ahead of time, don’t assume that you will be compensated only to find out the truth later. If you feel uneasy, you might want the stones taken out ahead of time.
Once they receive gold it is melted down, then a team of professionals uses special heat and chemicals to separate the gold from other metals. This is called “refining”. The process returns gold to its purest form and is the reason why companies are willing to pay you for scrap.
This is valuable to the people who know what to do with it. When the stock market falters, investors begin looking for a commodity that is safe. Gold is one of those things that is always considered valuable.
What you should know about selling your gold online is that there is no way to determine when gold will be at its most valuable. We won’t know the high point for sure until after the prices have already come down. However, the price has been steady for a couple of years and people are steadily taking advantage of it.
For more information or queries in regards to Alnour Jewelry or Top Dollar 4 Gold please see the team at www.alnourjewelry.com