How Much Should I Get For My Old Gold?
If you have old gold jewelry or coins, selling them can be a great way to cash in on today’s high prices. But it’s important to do your research and find a reputable buyer.
You can sell your gold 9ct gold price per gram Australia to a local jeweler or coin shop, or an online gold buyer. Whichever option you choose, make sure it’s a reputable company that pays you within 24 hours of appraising your items.
1. Look for a reputable buyer.
If you’re looking to sell old gold, it’s important to look for a reputable buyer. A reputable buyer will be reliable and safe, and they will provide you with an offer that is fair.
Reputable gold buyers will be able to tell you how much your jewelry is worth based on its weight and purity. They will also give you an idea of how much they expect to pay per gram of gold.
You can use this information to compare offers from different buyers. Be sure to ask for at least three quotes on the phone.
Then, you can decide which buyer is right for you. Be careful of rogue buyers who might try to trick you with the unit they use to weigh your gold.
2. Check the purity of your gold.
A simple way to check the purity of your gold is by having it tested at a reputable jewellery store. They will weigh it to a set of specifications and will tell you if it is pure or not.
There are several other ways you can test the purity of your gold at home. Some of these tests are easy and others require more knowledge and experience.
For example, a float test involves dropping your gold into water to see if it sinks or floats. This is one of the simplest and easiest ways to check for authenticity.
Another method involves rubbing it against your skin and looking for marks that indicate if it is real gold or not. If it leaves a black mark, you know that it is definitely genuine gold.
A more sophisticated and accurate way to test the purity of your gold is by doing an acid test. This is done with a kit that contains nitric and hydrochloric acids.
3. Do your research.
If you want to sell your old gold, the first thing you need to do is do your research. This will help you avoid scams and make sure you are getting the best price for your items.
You should look for a reputable buyer with years of experience in buying and selling gold. It is also a good idea to check if they have any complaints on record with the Better Business Bureau.
Another important thing to do is to carefully evaluate each piece of jewelry you are planning to sell. Most pieces of jewelry have some emotional value. This means you should only part with pieces that you truly love and will be able to use the cash for something more useful, like paying down debt or going on vacation.
You should also visit several pawn shops to get quotes before you decide where to sell your gold. Some pawn shops are run by honest people, but others are notorious for using high-pressure sales tactics.
4. Be prepared to say no.
One of the most difficult things about selling your old gold is saying no to offers that are less than enticing. You don’t want to take a chance on scammers who will try to make a quick buck off your hard-earned cash. You’ll also want to avoid taking a gamble on a buyer who asks you for an inordinate amount of money upfront.
A great way to find out how much your old gold sell scrap gold in Perth is worth is by asking around. Look for a reputable gold dealer and ask them for their best price quote. It’s also a good idea to check out their online reviews, Facebook page and Yelp page before making your final decision. The best part about doing your research is that you’ll be able to see which of the many gold dealers are worth their salt. As long as you keep your wits about you, you’ll be rewarded with a better value for your gold and more importantly, a happier buyer.