Sell Your Scrap Gold for Cash Today
One of the fastest ways to get cash today is by selling your scrap gold for cash. This scrap gold can take many forms. Perhaps the most common is with jewelry. Necklaces, bracelets, earrings, and rings that contain gold have now become more valuable for their gold content than the price of the jewelry that they originally sold for. Only you can decide whether the sentimental value is high enough to warrant keeping a particular piece of gold jewelry, but you will most likely be surprised at how valuable some of the gold jewelry you have has become.
In many instances, you may find that you have pieces of jewelry that you will never wear again or even pieces of jewelry you forgot you had. These are good choices to sell for cash. Other possibilities include old watch bands and tie clips made from gold. In fact, anything you have that is made of gold can be sold because all of it will be melted down to be used again for other purposes.
You have to keep in mind that not all gold is pure, and what it is worth will depend upon how much gold the jewelry contains. Gold in jewelry is specified as karats with 24k gold being pure gold. Most jewelry is not pure gold because it would wear over time. Gold is not a strong metal, so jewelry makers will use an alloy with gold to retain its beauty and create a metal that will last a lifetime. The most common content for gold jewelry is 58 percent. This is 14k gold. It is important to remember this because many people are quoted a lower price than they expected. Much of the time this is because they are looking at the weight of the jewelry and not understanding that only part of it is gold.
When searching for a business to sell your scrap gold to, it is important to use a licensed dealer. Often the best choice for this type of dealer is a pawn shop that has been in business for many years. The easiest way to shop for a good gold buyer is on the Internets. Finding an online pawn shop is no different than using a phone book, but you can also ask friends and neighbors about local pawn stores.