Scrap Gold Jewelry
Scrap Gold Jewelry. Many of us have jewelry stashed in a special drawer or box that has been there for years and never gets worn. Maybe it is a broken piece, one earring from a set, a bracelet with broken clasp, a watch that just never gets worn. In the back of your mind you think "I have to get that fixed" but it never gets fixed. Think about this, even if the item was fixed, would you even wear it? If the answer is no then take some action to clean out that special drawer and sell your scrap gold jewelry.
The scrap gold price has never been higher so the time is right to finish the house cleaning you keep promising. Collect your broken, unused, scrap gold jewelry and take advantage of the high scrap gold prices, exchange your dusty treasures for something you can use and that is money!
How to sell gold jewelry. Selling old intact and useable jewelry is appraised by appearance and gold and silver content. On the other hand scrap gold and silver are bought and sold by weight so how the jewelry looks doesn't matter. The heavier the piece the better. Something to understand is that a jewelry item that you purchased for $900 may only have $150 worth of scrap gold value.
If some of your scrap gold or silver items are Italian gold jewelry than you might get a better price selling it as wearable jewelry instead of scrap. Classical Italian gold jewelry has been made in Italy for hundreds of years and is well known for beautiful handmade designs. Although the Italian jewelry designs were almost entirely crafted from gold there are now many who make their designs in silver. You might sell some scrap gold jewelry items as discount gold jewelry and still get more money than scrap gold price. The demand for Italian gold jewelry has always been high and is still highly valued in today's market.
One caution is not to include antique jewelry when selling scrap gold and silver. The antique value can often be much more than the items weight in gold. Take the time to separate your jewelry as to quality and then shop around and get a second opinion before you sell. Take the time to get as much value from your scrap gold jewelry items as possible.
It is important to be familiar with the current gold and silver spot prices because that is what a scrap gold buyer will pay so the value of your scrap gold jewelry can change from day to day. And the best advice is to be prepared, shop around for the best price, and know what the daily spot price is before you sell your items. The old axiom is best advice, Let the buyer, or seller in this case, beware.