When it comes to selling sell gold jewellery Perth, there are a few ways to ensure that you get a fair price for your precious metal. However, it’s important to remember that there are many unscrupulous businesses out there that are looking to take advantage of consumers.
The best place to sell your gold is to a local jewelry store. Here, you’ll be greeted by professional buyers who will help you sell your gold for the best possible price.
1. Get an Appraisal
Gold appraisers have the experience to value your jewelry, coins and other precious metals. They can also provide valuable information about the history and provenance of a piece.
They will look at the current market price for similar pieces and try to find comparable workmanship, metal quality, gems and condition.
They typically charge a flat fee for an appraisal or a percentage of the item’s value. Avoid any jeweler who charges you a percentage of the piece’s value, as they may be conflicted and could inflate its value to make more money.
2. Visit a Local Buyer
If you’re looking to sell gold in a quick and easy way, visiting a local buyer like a coin shop or precious metals buyer is an excellent option. These local buyers are known for their honesty and will give you a fair price for your gold items.
It’s also important to check the company’s reputation before hand. This can help you avoid unscrupulous gold buyers who offer overly low prices to their customers or use high-pressure sales tactics.
3. Sell Online
Whether you have gold coins, bullion or jewelry that you want to sell, there are several ways to get a fair price for your items. However, it’s important to know the right time to sell.
The best place to sell your gold is online. This way, you can find out the current 1-gram gold rate in India and make sure you are getting the highest possible price for your items.
You’ll also be able to check the prices of other sellers and avoid paying high fees that you don’t need. Moreover, you can be sure that your items will be shipped safely and insured through a reputable company.
4. Sell at a Premier Gold Party
Gold parties are a recent phenomenon and they seem to be growing in popularity. Like a Tupperware party, they are organized by friends or neighbors who meet to sell gold.
Premier Gold Parties are a great way to get rid of unwanted jewelry and earn cash. However, if you are planning on selling your gold, it is best to do it in a safe place and with a reputable buyer.
There are many tricks that gold buyers use to low ball potential sellers. These include paying a penny weight instead of a gram, or grouping items together by karat.
5. Sell at a Jewelry Store
If you have a lot of gold jewelry that is still in good condition, you can sell it at a local jewelry store. Some jewelers may offer you more than a pawn shop would, but you need to do your research first.
Before you send any gold jewelry to a buyer, test it for purity. It’s easy to do. Drop a piece of gold into a glass of water and see if it floats or rusts. If it does, you know it’s not pure gold.
6. Sell at a Pawn Shop
If you want to get a great price for your gold, selling it at a pawn shop is one of the best options. These stores buy items directly from their customers, allowing them to offer a lower price than retail jewelry stores.
Most pawn shops will buy your gold for about 50% of the current scrap value. However, this may vary from shop to shop.
7. Sell at a Jewelry Auction
Jewelry auctions are a great way to buy and sell beautiful jewelry at a low price. But they also carry some risks, including inflated prices and fake bids.
If you are looking to sell a piece of selling your gold jewelry, it is important to find a place that will give you the best possible price for it. Depending on the type of gold jewelry you have, there are a few ways to get a good price:
The first step is getting an appraisal for the piece of jewelry you’re selling. You can request an appraisal from Worthy, which uses a free lab report from the Gemological Institute of America to estimate your jewelry’s market value.