Need quick money? Did you know that you can make easy money without lifting a finger? If you need cash right away, why not sell your old gold items? Surely, every person have old jewelries at home lying around just collecting dusts. Selling these items will provide you easy money which you can use for more important things. Or better yet, use the money to purchase new earrings or other fashionable jewelries.
Following are ways on how you can make money from unwanted gold jewelry.
Get The True Cost Of Your Gold JewelryTo know how much your gold jewelries are worth, you may perhaps want to drop by your district pawn shop. Ingeniously ask how much they are going to pay if you are retailing your pieces to them. Do not sell yet. Your goal is to get an idea of the price of your items.
You can also acquire the cost of your items by manual computation. First, you need to find out the gold percentage of your item. A 24 karat gold item is equivalent to 100 percent gold. Just divide the karat of your gold item by 24. It follows that an 18 karat gold is 75 percent gold. How? 18 Divided by 24 is equals to 75 percent.
Second is to weigh your items. Use grams. Multiply the rate of gold to the weight in grams. Convert the product to ounces. 1 G = 0.0353 Oz. Finally, find out the current spot price of your gold jewels to get the worth of your jewelry piece.
Decide Where You Want To Sell Your Gold Jewelry
Market OnlineCompare prices once you have calculated the worth of your gold item. Ask around or survey websites and dealers. If you are confident to sell then go ahead. Just ensure that you sell your items in trustworthy websites. Make sure that you provide clear and good pictures of your items so that you can easily attract potential buyers. You can also include the specifications of your items online like the actual weight and karats. Leave your contact numbers so buyers can get in touch with you easily. When you find a person who is willing to buy, make sure that he is genuine and not just some bogus buyers who will prey on innocent people. To be certain, you can join genuine forums or online auctions. Use PayPal or other honest money transaction services to guarantee fast and reliable operation.
Market Your Valuable Items To Jewelry Stores Or Through Gold Parties
Only transact with people who are reliable and honest. Avoid scams by coming in prepared. Know the worth of your pieces prior to marketing your items to dealers or gold parties. The reason why people are being ripped off is that they do not know how much they are selling. People who are working in scams would tell you that your items have lesser karats. Therefore, they will have lower evaluation.
The demand for gold these days are high. With that said, many are fascinated to sell their unwanted gold jewelry for quick money. If you have decided to market your jewelry, be certain that you are knowledgeable about what you are retailing. If possible, do not sell those items that have sentimental value. Buyers are not interested on the history of your pieces but they are more concerned about the weight of your gold. Do not just trust your market instincts, understand what you are retailing through constant reading and exploring.