I Heard The Price Of Gold Is Up Right Now. How Do I Go About Selling Some Old Gold Jewelry?

You can take it to a local jewelry shop advertising in the paper. You won’t get as much as if you send it to a refinery.I’ve just sold scrap gold and silver to Midwest refineries and received a check for $1200.00. They pay 94%of current market rate. Thus if one troy ounce of 24 karat gold is selling on market for $1000 you would receive $940.I’m going to list some links below to help you figure if your getting the best value for what you sell.If you have gold coins you can sell them outright to kitco and they will lock in the price so you know exactly what your getting.Midwest pays you for what they refine on the day of refining.Some offers you see on TV are ripoffs so beware.Silver is market value minus 12%.Remember also the karat of the gold will dictate what you recieve.24 karat pays the most.10 and 14 karat are usually what chains and such are the most common..If you need help or more information e mail me. I’ll be glad to help. .Remember too. If you sell locally the person your selling to has to make a profit.So you end up getting less for your jewelry.By sending it directley to a refinery you cut out the middle man.Like I said I use Midwest but you can do a google search and find more.I would not deal with anyone who will not tell you what percentages they will pay upfront.Kitco is a real site but very hard to get into sometimes because of buying frenzies. Just keep trying.http://www.classicgoldsmith.com-a.google…

1 Comment

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  Wordpress Affiliate Shop Plugin February 10, 2010 at 7:04 pm

  you can go to any jeweller to sell the jewelery