Question By: When it comes to selling gold in New Jersey, before you sell unwanted gold or jewelry, it's important to fully understand what you are selling, who is buying, and what constitutes a fair price. Not all businesses offering cash for gold are equal, or even offering relatively equal prices, and you can be sure to receive a different experience working with an established community jeweler than with a fly-by-night gold buying store.
Get an offer from a jeweler for a safe, convenient option.
Sort your gold by purity. By organizing your gold before your visit, you'll save yourself and the gold dealer time. Use a magnifier to check the little labels on the gold for "10k," 14k," and so on. This number refers to the karat, which tells the percentage of the gold piece that is pure gold. The higher the number (up to 24k), the purer the gold. Separate the jewelry by karat, and then place the jewelry into separate bags or containers.
Best Time to Sell Gold
The best time to sell gold is when the spot price of gold is high and you're comfortable with the idea of selling your gold coins, jewelry, bullion or other gold items.
Gold, like other commodities, constantly fluctuates in value. Like the stock market, working out whether the price of gold will increase or decrease isn't easy, and “beating the market” for gold is something that even the savviest investors struggle to do with any consistency.
Get realistic
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. Whether you are shopping for a new piece of fine jewelry, or looking to sell old or unwanted pieces, Lincroft Village Jewelers is your one-stop shop for unrivaled quality, price and service!
Visit https://www.lincroftvillagejewelers.com/5-tips-for-selling-gold for more information.
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