DGold Tips.. to selling gold Jewellery
Don’t act on impulse
Things to know before selling your gold jewellery – DGold.in – Bangalore, Carefully evaluate every piece of jewelry that you are looking to sell. Most pieces of gold jewelry have some emotional value. Make sure that emotional value does not out weigh the price that you will receive. Ideal pieces of jewelry to consider are broken items, earrings with a missing pair, or outdated items with no emotional meaning.
Get an appraisal : Have antique or intricate jewelry appraised before selling it to a buyer that pays by weight. Designer or antique jewelry could be worth more to sell as a finished piece than for its gold metal.
Know what you have: Gold jewelry is rarely made from pure gold. Most jewelry in the India is 18-22 karat gold that is comprised of gold and other alloys. When selling your gold, you will only get paid for the parts that are pure gold.
Find a reputable buyer : Check that the business has a license to buy gold jewelry in your state. He must be a GST trader license else your transaction is illegal. He must also have computerized testing machines and instant payout.
Know the price of gold
Keep up with the prices of gold at Kitco.com. The price listed will NOT be the price you will get for your jewelry. The price on Kitco.com will simply give you a reference point when comparing multiple offers.
For most people, selling gold jewelry will not make you rich. It might, however, put some extra dollars in your pocket. Remember that you will only be getting paid for the amount of gold in your jewelry, minus fees the company has to charge for refining.