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Pros and Cons to Know Before Selling Gold Jewellery
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Posted On :
Nov-01-2011
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Article Word Count :
505
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There are many people who have still unused jewelry in their cabinets. What many do not realize what massive revenue one can get from unwanted jewellery.
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There are many people who have still unused jewelry in their cabinets. What many do not realize what massive revenue one can get from unwanted jewellery.
With the recession hitting many people hard, people start to come up with creative ways to liquefy their assets and free cash available.
One of the easiest ways to do this is by selling gold. This is a brilliant way to get rid of the jewelry is out of fashion and favor, and most companies make the process very easy and painless. However, before the dive and the sale of her jewels to the first company they are, there are some things you should consider. You do not want to receive less money than gold is a value, or even risk being completely ripped off.
Due to the sour economy and the weak dollar, gold is setting all kinds of records: in fact, the price of gold has doubled in the last 10 years. For this reason, gold is in high demand and the advertisements of gold buying services have proliferated all over the airwaves. But is it really a good idea to sell unwanted gold jewelry?
If you have an earring or a necklace without equal who have not used in years and years, there's really no point in keeping them hidden in a drawer. In these difficult times, a little extra money in their pockets can really help. So it’s a good idea to sell jewellery or coins unwanted, but the question remains: where should it?
When selling gold for cash is interesting to note that many of the gold is melted and used for scrap. This can be particularly useful when the jewelry is damaged or missing parts, or is very outdated at the time.
There are different options available for people who want to sell gold jewellery. Here are the best options with their pros and cons:
Jewellers or pawn shops
Pros - these may be useful as you get to talk to someone face to face,
Pros - It is important to shop around and get quotes for comparison, so this may be an option too long.
Gold-buying parties
Pros - It’s fun, sociable and if you are the organizer of the party, which look set to earn much money as you can make money selling parts and up to 10% of what your friends sell.
Pros - Unluckily most people have a limited number of friends who in turn have a limited amount of unwanted jewelry. It takes a lot of the organization to establish a party, and success may be ephemeral if not very ambitious.
Mail-in Programs
Pros - This is the easiest and quickest way to get money for your unwanted gold. Just mail your gold to the company, and send them money. Easy!
Pros - Besides a large number of companies that offer consumers good prices, there are some scammers out there. Ensure that the company veterinarian will use.
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Article Source :
http://www.articleseen.com/Article_Pros and Cons to Know Before Selling Gold Jewellery_98485.aspx
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Author Resource :
Baker Anne is the businessman who deals for gold silver to give opportunity to convert your old Gold into cash. Please visit to us at premiummetals.com.au where you can sell gold at very reasonable price.
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Keywords :
Sell Jewellery, Gold for Cash, Gold Silver, Sell Gold,
Category :
Business
:
Sales
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