Getting Cash For Gold is a great option for those who need money in a hurry and do not want to get a personal loan. If you have any type of gold or silver, including old and broken jewelry you can sell it for quick cash. There are a few factors to consider that will ensure you get the best price for your gold, such as knowing where to sell it and what items you can sell.
There are a few options available where you can get Cash For Gold, such as a pawn shop, a jeweler or an online gold buyer. When selling gold the goal is to get the best price, so it is important to research your options carefully. Many people find that a jeweler such as Harry C. Glinberg Jewelers is the best option, because jewelers tend to pay a higher price than a pawn shop, especially if the gold is in good condition.
A pawn shop provides a couple of different options, such as pawning the jewelry or selling the jewelry; however, they are basically a middle-man, which means they will offer the lowest price in order to leave enough room for a decent profit. Online gold buyers may be a risk, because you are not personally delivering the gold and picking up the cash. Gold is available in various purities, including 10k, 14k, 18k and 24 karat, with 24 karat being the purest as well as the most valuable. The selling price will depend on the purity of the gold, the weight and what type of gold you are selling. For example, a 24 karat gold necklace will have valuable, but an 18 karat gold coin may weigh more, which means it may sell for a higher price than the 24 karat gold necklace.
Jewelry can be sold in any condition as long it is gold, because the piece will be sold for melting. Gold coins or gold bars may be bought for melting or for stockpiling, either way you will typically receive a higher price for this type of gold as opposed to jewelry. It is important to keep in mind that although it is important to know the current price of gold per ounce, when you sell it the price you get will typically be less than the current rate.
