Sell Your Gold to Make Dollars

There are many people who prefer to go with the fashion. They don’t wear apparels, and even costly jewelry sets of gold if they go slightly out of fashion. If you’re one of them who has lots of old gold pieces and ornaments kept inside your locker, it’s the time to make them useful. There are numerous gold buyers out there who provide the seller with a great way of selling the gold and earn a fair price. However, on other hand, there are agencies who tend to victimize customers. Here we’ll discuss about a few things you should do as a wise gold seller.

Know your gold price accurately

 

The first thing to do before you go onto selling your gold diamond is know its exact price. Do read the latest gold prices from newspapers, or websites. Go to a jewelry shop nearby and weigh your gold. Ensure that the gold has been measured perfectly without losing any gold in the weighing process. According to the weight you can calculate how much your gold can cost and fix an initial price for it.

Talk to the nearest jewelry shop
 

If yours is just a gold ring or an earring, you can sell it to a nearby pawn shop which makes sure that you get your dollars for gold faster. But if you have a costly set of bangles of diamond in a gold setting, you should go to a reputed jewelry shop and tell them about selling your gold pieces. Pawnshops may pay the cash faster, but they generally don’t pay a decent amount.

Do a localized Google Search
 

Jewelry stores can certainly pay you more than the pawn shops for your gold. But if your gold ornaments are broken, then jewelry stores cannot help you out. They will only be considering your gold ornament as scrap gold which significantly reduces the cost of it. So do a localized Google search and find out some reliable websites online. Once you get a clear idea about that online gold buying company, go for it.

What to do before selling gold jewelry

Gold has got an all-time high demand on the market. Although Diamond and Platinum jewelry items have got more aesthetic look than gold jewelry, people seem to be more inclined towards gold than other jewelry. Reason is the high difference in cost. You can get standard gold ornaments at an affordable cost, whereas, standard diamond and platinum ornaments are a way too expensive.

Gold selling is equally high just like gold buying. If you want to sell your gold jewelry, do not rush. Many scrupulous gold buyers are out there on the market, you may fall as a victim. Read the full post to know what you need to do before going to sell your precious jewelry.

Is your gold jewelry good or broken?
 

Is the gold jewelry you are going to sell is a good readymade piece of jewelry or broken? If it is ready to be put on directly, you can go for some good exchange offers or you can earn only cash. Else if you are going to sell it just because it’s broken, better you get it measured first because you will only be getting paid for the gold weight in it.

A broken or unwanted jewelry is only considered as scrap gold. A scrapped gold jewelry is melted down to get the precious metal and then weighed for calculating the cash for it.

What other things you need to know?
 

How much your gold will cost and what amount you will get paid is determined by factors like:

i. Karat weight:
 

Gold is measured in karat weight. 24 karat gold is considered as 100% pure gold. It is impossible to make jewelry using 100% pure gold so impurities like silver and copper are mixed. A 22 karat refers to 91.7% gold, an 18 karat refers to 75% gold, 14 karat is 58.3% gold and 10 karat is 41.7% gold.

ii. Gold price on the day of selling:
 

The market price of gold is often calculated for 24 karat gold. Today, there are dedicated websites and multiple finance related TV channels. If you are an internet guy, get up-to-date information about gold and silver prices. Otherwise, do watch TV channels for the most recent gold price.

iii. Refining fee:
 

If you know the jewelry store, it may not charge you anything for refining and assaying your ornament.

iv. Buyer’s profit:
 

Then comes the buyer’s profit margin. Some gold buyers are ready to buy your gold with a profit margin of 20%, whereas some buyers demand at least 30% profit margin. This helps you go for the suitable gold buyer.

If you want to sell your gold which is beautiful and well-maintained, you can go online to sell it at high price.

Sell Your Gold In Canada And Earn Fast Cash

Gold is the first choice of women. They love to wear gold ornaments no matter whether they are at home, at work or in parties. But there is a problem attached to gold ornaments – their designs get outdated frequently as new designs keep hitting the market very often. And ladies instinctually feel ashamed to put on outdated ornaments.

So what are you going to do with your old gold jewelry? Better to sell those rather than keeping inside the locker. If you are a Canadian or any US citizen who is reading this post, remember, there are a couple of ways to sell gold Canada and earn profit. Now we will discuss the best and legitimate ways right here in this article.

• Go to two three reputable retail shops and get their quotes.
 

If you need some instant cash because of urgency, then it’s separate case. Otherwise do not make haste, take your time to research about selling the gold. Reach out to two three reputable and reliable retail jewelry stores nearby and ask them for a no obligation quote. Every shop will be ready to discuss the matter and give you the quote. Next, you will have to match quotes from the shops and choose the best buyer.

• Have knowledge on your gold piece and its up-to-date cost.
 

Remember one thing that cash you will get will be less than the appraised price of gold. The appraised price of any jewelry generally includes the labor and retail mark ups so that is high. Unfortunately your broken or unwanted gold piece costs much less than the appraised price and what you paid for it.

With this in mind you need to check the latest market price of gold. TV, Newspaper, and websites are the main sources to get up-to-date knowledge about gold market. To know how much gold is actually present in your gold jewelry measure your gold on a shop and note the exact karat-weight (gold is measured in karat unit).

• Try mail-in gold buyers online.
 

People, these days, prefer online transactions as it’s easy and hassle-free. If you are thinking about selling your gold online and earn cash for gold Canada, search the most trusted website apply for selling your gold. You will find dozens on Google out of which choose one website after comparing every website’s price. You can also read the clients’ testimonials on the websites to find out most reliable website.

Once you applied for selling your gold they will send you an envelope in a mail. All you need to do is pack your gold in that envelope and drop in any postal counter. They will send you your money (check) within a day or at most two after receiving your envelope. It looks an insecure transaction as you will not be there while measuring your gold; but most people are selling their unwanted gold pieces in this fashion.

How to Make Good Cash By Selling Your Diamond Ring

Diamond is undoubtedly the most precious gemstone considering the availability and demand. The supply of diamond is restricted so its price is very high. The high price of diamond jewelry happens to be even more when it’s special for someone, a memorable gift for somebody for example. For some people buying a diamond ring means it is a once-in-life purchase. So once they have got, they can never afford to lose it any way.

Unfortunately at times people find themselves in need of urgent cash that forces them to go against their will. That is truly accidental and often happens when people are completely unaware of what’s going to happen. Thus, to tackle the situation people end up selling the precious and indelible diamond jewelry.

But here the point is you should not sell diamond ring at low cost just because you are in a hurry for instant cash. This post is all about making you aware of how to make money make good money by selling your old diamond ring.

• Sell only to the most reliable buyer.
 

How to know who is a reliable buyer? A reliable will have the following characteristics.

i. If s/he is a person, you must know that person very well. Plus s/he must be able to pay the cash at the spot without any unnecessary bargains.

ii. If it is a jewelry store, ensure that it’s nearby, it’s located on a comfortable and friendly place, keeps a valid license along with all official documents. If you have a regular jewelry store, then it’s better.

iii. If it is a website, make sure that it’s popular online, genuine user testimonials, no bad comments and it has offline stores too. If you found all the qualities in the buyer, then you will most likely get high price for your diamond.

• Make sure you are going to sell the diamond at the perfect price.
 

Well, there is little or no possibility of getting a highly reduced price for your diamond because it’s ‘Diamond’. Still it’s wise to verify the latest market price of old diamond. An instant googling can work great. To earn good cash you should always tell a little more to the buyer than the market price. There’s a good chance of earning some extra if luckily there’s no bargain from the buyer.

• Opting for websites is a good idea.
 

This option works really great for those who do not have time to go to the jewelry stores. Selling your diamond to websites is easy and comfortable. Yet you need to stay open-eyed while making online transactions even though there are ultra-secure payment gateways that ensure full security.

• Take care of your diamond ring even if you are not putting it on.

 

You must maintain your jewelry carefully. When you choose to sell diamond online they check it from every angle. So keep it clean and dazzled.

Learn how Gold selling can bring more cash in Canada

There are many cases out there in a big country like Canada where people sell their gold jewelry to make some good cash. Whether it’s for paying bills or just to earn some extra money for spending, the demand remains the same – ‘the gold would not be sold at a price less than the purchase price’. Gold selling is such a precious transaction where every seller has only one aim, ‘the more is the cash out of selling the gold, the better it is’.

So, if you think in the light of a gold seller’s mentality or be a consumer already, here are some useful ways to help you earn good cash for gold canada.

• Go to the nearest retailer store you know well.
 

The place you reside in must have some nearby jewelry stores, so go to one good showroom. If there is one store you often buy your ornaments from, you will obviously go to that shop first. Have some time and talk to the store owner bit personally regarding selling your gold jewelry. Come back and verify the exact market price of the same brand of the gold. Go for the store paying you the maximum cash.

• Opt for payday loan companies.
 

Nowadays, you can find a lot of payday loan companies who’re buying gold from consumers paying them a good amount of cash. Some of these companies who operate out of P.O. boxes even come over to your location to buy your gold.

• Attend gold parties.
 

Gold parties are places which require you to be an experienced seller. There in gold parties you can come across a variety of people and if you know a few marketing tricks, you can make people buy your old gold.

• Keep track of TV ads and websites.
 

In this digital world every buyer’s brand is digitally reachable. With just a little Googling you can actually find some reliable websites being right there and making trustworthy gold business. Therefore, an online search in connection with watching TV ads can bring you a good result.

The above sources are most likely to pay you the right cash for your gold in Canada. However, there are some other sources too who claim to pay the highest cash, but end up paying the least or NOTHING. Yes, there are duplicate or deceitful sources who may take your gold away from you tactfully illegally.

• If you think about a mail-in gold buyer, thing twice because there may be the chance of losing your gold permanently. And in some cases the buyers only pay you something around $100 which is too less.

• Similarly pawnshops should be your worst-case options. They also intend to cheat on the consumers in several ways.

3 things to do to sell gold at high price

Do you have some old gold jewelry? If yes, then don’t think that they will get wasted because you can actually make good cash out of your old gold by selling it effectively. In the following 3 steps we will rightly cover how to sell your golf effectively. Read on to find out a perfect buyer who will buy your gold paying you the maximum cash.

1.Find out the current market price for old gold.
 

The first thing to do is know the exact market price for your old gold. You can go through TV and newspapers like people normally do. But the rates get updated from time to time. So it’s good to search some dedicated websites on the internet not just for the most recent price but for the recent condition of the gold market. If you can afford to spend some more time, better to reach out few popular jewelry showrooms in your locality to gain some more accurate and practical knowledge about the current market.

2.Find out the source that offers you maximum price.
 

Nowadays there are many different sources out there offering you good cash for gold as gold’s price is always on the rise. Okay, let’s consider how many sources one normally can have at first. Surely there are two three options like jewelry stores, pawnshops or local gold fairs. Well, all these sources require you to meet people directly fix the final price and you can’t really avoid the chances of bargain in such cases. Also, this way of fixing the rate may result in a hassle or long driving time. So in the end what we conclude is none of these is actually the ideal one.

Then what to do next? Yes, you need to do a bit of Google searcg to find out dedicated websites that can offer you the best price. First off search websites randomly until you find out one that suits you best. Remember websites process deals quickly and pay you more cash than jewelry stores and pawnshops do. Remember to verify the BBB (Better Business Bureau) authentication of that website you’re going to do business. The BBB accreditation is a mark of reliability. So as soon as you find an online source paying you the expected amount or something thereabout, take it.

3.Finalize the deal after confirming the buyer’s reliability.
 

After selecting the best reliable buyer all you need to do is request for a subscription of the deal, place your gold inside a mailing kit provided by the website, send it off and receive the cash for your gold jewelry. Yes, it’s that simple! You get your gold sold without the need to go anywhere. But it’s recommended to do business only after verifying the reliability of the website.

How and where to sell your diamond profitably

Women love to look stylish and charming. They wear fashionable dresses, use costly make-ups and cosmetics; but without some gold or diamond jewellery they don’t get a complete get-up. Diamond ornaments like all other ornaments nowadays go in and out of fashion in quick time. It’s just a matter of couple months or so the designs take to get outdated. Who would want to look awkward and ungraceful by putting on some old-fashioned ornaments? So it’s better to sell or exchange them.

While selling or exchanging your old and unwanted diamond ornaments if you don’t take certain cares, you might end up bearing a substantial loss. So here are the perfect guidelines to sell diamond at a high price so as to make a good profit.

Valuation of your diamond
 

Valuable information upfront: every diamond piece has to go through a grading process. The process suggests the grade of the diamond. It’s done as per Colour, Cut, Clarity and Carat Wright – The 4 C’s.

• Here the total gradation is affected by Colour from yellow to white.

• The final shape of the diamond piece after the full cutting process determines the Cut of the diamond.

• Clarity is either FL (Flawless) or I3 (lower in quality). This tells that the diamond has lots of inclusions.

• The Carat Weight is calculated by putting the diamond on a scale. The accurate weight is measured then.

These are only some basic and widely used processes to evaluate the price of the diamond ornament.

Try to find the best buyer.
 

After knowing the price of your ornament the next step is to find the best buyer who will buy your diamond. Remember there is no scarcity of diamond dealers in the market. And almost all claim to pay you the maximum money for your diamond. But make a thorough research for it as not all of them are trustworthy sources.

While choosing the suitable buyer don’t forget to check his documents such as registration, certification and complaints if any. Feel free to talk with him/her and discuss the matter thoroughly as you are going to sell a priceless entity.

Stick to the appraised (standard) price
 

Always keep the appraiser’s note with you and follow it. Don’t sell the diamond at cheaper price. If the buyer fixes the rate less than the appraised rate, then don’t sell your diamond to that buyer. Go to another buyer and discuss about considering a better offer. But always stick to the standard price (the appraised price).

Pawnshops are the last options
 

Generally pawnshops offer you around 10-15% of the appraised price. They get your diamond and put it in the display rack and mention a price almost 70-80% more than they pay for it. So you can never get good profit by selling your diamond to pawnshops.

You can visit some popular websites and fix a good price for your old diamond.