Selling Gold Scrap Jewelry
if you decide to sell Gold scrap jewelry you should be sure to do your research
on metal dealers and any potential jewelry stores that buy precious metals.
Selling Gold scrap jewelry may seem overwhelming at times especially if it is
your first time so what is a typical transaction on selling gold scrap jewelry.
First the metal dealer will evaluate your items separating them by what's referred
to as karats which is a unit of fineness for gold equal to 1?24 part of pure
gold. For example 14 karat gold is 58.3% pure gold and is mixed with several
other alloys depending on desired finish color which can be copper or silver
to name a couple.
karat has been determined then we take the market value which is very important
to know when you decide to start selling Gold scrap jewelry. Finding market
value can found by doing a simple web search. They take the market value minus
a hold back percentage for them and the refiner which is what they make on the
transaction. Gold scrap jewelry can be any item made up of gold that you know
longer desire to wear or possibly broke and no longer wish to repair. Gold scrap
jewelry can be single earrings, old class rings, inherited items that don't
fit current jewelry trends or your specific taste. Selling old Gold scrap jewelry
can be quite profitable.
A gold buyer
is a second hand dealer with a specific license that allows him to purchase
second hand goods from clients in exchange for money. To get a license to become
a second hand dealer is a long and thorough process of checking background history
and a multitude of other requirements before a license is granted. Percentages
that clients will receive when selling Gold scrap jewelry will vary from state
to state and county to county depending on local laws and regulations.
and will affect your bottom line. So to recap make sure to do your research
when selling Gold scrap jewelry know the person who you will be selling Gold
scrap jewelry to by reviewing any online publications of prior business transactions
with other clients and research the business and how long they have been in
business. Make sure to only do business with gold buyers who have a A+ BBB rating
with no open or closed complaints so that
30 Years Buying Precious Metals in Las Vegas Valley
The owner of the original Jewelry Exchange, founded in 1984, brings state of the art digital jewelry buying into a new millennium at Nevada Coin & Jewelry. Read more
Blue Diamond Store4150 Blue Diamond Rd. Suite 108
Las Vegas, NV 89139
(Between Target & Kohls
Near the Silverton Casino) (702) 220-4653
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