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A Quick Manual For Selling Gold Jewelry
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Posted On :
Sep-21-2011
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Article Word Count :
453
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The prices of precious metals like gold, silver and others are booming towards the upward trends. This upward surge has been consistent in the real value of metals like gold and silver.
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The prices of precious metals like gold, silver and others are booming towards the upward trends. This upward surge has been consistent in the real value of metals like gold and silver. Gold is universally considered to be a solid backing to most of the current currency systems in circulation. With such situations proving to be conducive in the long run, it is only natural that people should be interested in selling or buying old jewelry and scrap gold that can be a good asset. Indeed, the procedure to sell gold and jewels is a bit too simple, if you follow the rules successfully. Here is a quick manual to help you out.
Now, any novice trader or buyer of gold would say that gold needs to be sold at a price that is worth its value. Well, this is quite a preposterous assumption. The truth is that wherever you sell gold jewelry, the buyers won’t exactly give you the gold’s real worth. This is because the buyer may be a goldsmith or jewel broker, who would want to sell the same jewels at a high price. To make a profit possible from both sides, the buyer may pay a slightly lesser price for the gold being sold to him. So, you won’t exactly get what you want.
However, the usual procedure is that before you sell gold, you should know its accurate intrinsic value. Chances are that a high value can fetch you a good price for your wares. Different figures indicate the values. A gram of ordinary gold may be worth of 30 dollars. The value may increase with the increase in the intrinsic value of the metal. The lowest grade is 12 carats. This indicates that only 50% of the metal is pure gold. The highest figure is 24 carats, which indicates that the gold is 99.9% pure gold.
Before you go ahead and sell gold jewelry, it should be remembered that you should know the place for the sale of your jewelry. You can choose between regular jewellery stores and pawnshops and also the online websites for auctions and sales of gold and other precious metals. The problem with pawnshops is that they fetch lesser prices. On the other hand, selling old jewels on the Internet is more profitable but also is prone to occasions of frauds and cheats. So, both these places have their own share of advantages and disadvantages. It is up to you to choose any of these places to sell gold jewellery.
Yard sales and exhibitions are also good places for putting out gold jewellery for sale. In fact, these are better places to buy gold from at dirt cheap prices.
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Article Source :
http://www.articleseen.com/Article_A Quick Manual For Selling Gold Jewelry_84063.aspx
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Author Resource :
Maslin Seldon reviews on how to get sell gold Online . For more information on sell gold jewelry; please visit www.sellgoldonline.ca.
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Keywords :
sell gold, sell gold jewelry, selling gold,
Category :
Business
:
Sales
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