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How to Sell Gold in USA

How to Safely Sell Your Gold Online?

sell your gold and diamonds for cash

How to Safely Sell Your Gold Online?

  • 10 Feb 2021
  • Posted By Cash For Gold

Do you want to sell your gold online because of an emergency? There might be a plethora of deals that you have come across online. With every good deal comes a case of buyer’s and, in this case, seller’s beware, a reminder that consumers should do their homework before selling their jewelry at gold parties or in a local jewelry store. Given below are some of the safe ways you can do so for instant Cash 4 Gold USA online.

Understand the scales

 

The weight of gold helps determine its value, but keep in mind that jewelers use a different measurement standard called a Troy ounce. U.S. scales will measure 28 grams per ounce, while gold is measured at 31.1 grams per Troy ounce. Some dealers may also use a system of weights called pennyweight (dwt) to measure a Troy ounce, while others will use grams.

Know your karat

 

Pure gold is too soft to be practically used so it is combined with other metals to create durability and color. The Federal Trade Commission (FTC) requires that all jewelry sold in the U.S. describe a karat fineness of the alloy. It is illegal for jewelry to be labeled “gold jewelry” if it is less than 10 karats. It is important to know the karats of your gold to make an informed decision on the scrap value of your jewelry.

Keep the karats separate

 

Don’t let jewelry of different karat value be weighed together. Some dealers will weigh all jewelry together and pay you for the lowest karat value. Separate your jewelry by karat value before attending a gold party.

Know the value

 

Call a local jewelry store or check with an online source, to verify the current market price for gold before you sell. Some dealers know people are just looking for quick cash to put in their pockets and will offer you money for your gold that is lower than the actual value.

Know what you’re selling

 

Some gold items may be worth more when sold as they are, rather than if they are melted down. If your gold necklace or bracelet comes from a well-known designer or maker, it may have a value to some buyers beyond the gold it’s made of.

Get instant Cash 4 Gold America at one of the popular portals in the country. All you need to do is check out the website and fill out the form with the details of the jewelry you wish to sell online. You can even reach out to the help team for assistance.

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