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Sunday, August 16, 2020

How To Get The Most Cash For Your Gold Jewellery

Image Source: Pixabay
Many people have old jewellery laying about the house that they neither use nor want anymore, and it can be an excellent source of cash if you know where to sell it. Even if the jewellery is broken, you can still get paid for it, and with the current price of gold, it could be worth more than you think. If you have old jewellery that you want to sell for cash, below are some of the best places to sell it that will give you the most significant return.
Sell To A Scrap Metal Dealer
A quick search of the internet will show that there are plenty of scrap metal dealers in your local area, and these can be an excellent place to sell your jewellery, especially if they refine the metal themselves. If they do refining, then you usually get a little extra for your gold as they do not have to use the services of another company. As well as gold, a scrap metal dealer will buy most metals, including semi-precious ones, as well as steel, copper, and more besides.
Sell To A Gold Dealer
You can also consider consulting your local gold dealer who may purchase a wide array of other metals including platinum, silver, palladium, and titanium, to name but a few. Many gold dealers will also offer refining services, so again you may get a better price if this is something that they do themselves, rather than using another company to do it. City Gold Bullion is among gold dealers Brisbane residents can trust to give them the best possible price for the scrap gold, as well as having transparent pricing.
Sell It To An Independent Jewellery Designer
You may also be able to sell your unwanted gold to a jewellery designer, who may be able to smelt the gold down and use it to create a new design of theirs. Again, if they can smelt the gold themselves, it is best for you as they may be able to give you a little extra money for your gold and other precious metals. The larger chains of jewellery stores may not be interested in purchasing your unwanted scrap gold, but the ones that design, create, and sell their jewellery in their stores may offer you a reasonable price.
 Image Source: Unsplash

Try Selling It Online
You may wish to try selling your gold online, and there are many auction websites that you can use, or you can also use social media such as Facebook. You do need to be careful though as there are many unscrupulous people out there, so if you decide to sell your gold to someone you have met online, always do the deal in person and ensure that you are in a public place such as a coffee shop. However, you may find that you will not be able to get as good a deal as the other methods above, but f you need some quick cash it may be the perfect solution for you.

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