19th Jan2012

Cash for Gold Jewelry

by trevordfy

Cash is King NJ is a site for consumers searching for cash for gold, cash for jewelry, cash for scrap metal, cash for homes, books, electronics recycling, pawnshops and more!

If you need some quick cash, try selling your gold jewelry that you no longer wear.  Depending on how many pieces you have, even if you just have two 14k gold rings for example, will likely get you a couple hundred dollars depending on how much real gold you have.

Gold is at an all-time high and therefore now is the time to take advantage of getting cash for gold.

Many people have old gold jewelry from when they were younger: most of it probably 14k.   The karat weight of gold is determined by how many parts of gold to other metals.  24k is pure gold.  14k gold is 14 parts gold and the rest a mixture of metal alloys.

Because pure gold is too soft to work with, metal alloys have to be added to gold to make it sturdier.  14k gold is usually the best for jewelry.

There are a few things you should know before you sell your gold for cash.  A jeweler first determines your pure gold worth by finding out what the karat is, weighing your jewelry and then figuring out what the pure gold is in grams.

They will then find out what the “spot” price of gold is at that moment and offer you anywhere from 40% to 90 % of its value.  If they’re reputable they should give you at least 80% of its worth.  This is also why it’s important to go to several places to see who will give you the most cash for your gold.

Some people wonder if the jeweler will hand over cash to you.  The answer to that is a resounding yes!  No worrying about cashing checks or coming back at another time because you will get cash for gold.

There are a number of places you can choose to sell your gold both online and offline.  If you are trying to sell your gold locally, go to a few places to get the best price.  Again, each jeweler or gold buyer will give you a different price for your gold depending on the profit they want to make.

There are many websites that offer to buy your gold, however, be wary of them.  First, find the websites that have researched some of the best places to sell your gold online.  There are a number of them that are reputable.  Then research some of their recommendations.

You can even sell your gold directly to a refinery.  This is a good option to consider because then you cut out any middlemen that would take more money out of your pocket.

Lastly, another option to consider is checking into gold home parties.  Find out from your neighbors if they know of anyone in your neighborhood that might be a representative that holds gold parties.  Think Tupperware parties for women, but instead of buying food storage containers, you’ll be bringing your gold to the party and be given cash on the spot for your gold.

CASH FOR GOLD – DON’T GET RIPPED OFF – Well here are some great tips on what to do if you are planning to sell your gold.

Get Cash For Gold Without Getting Ripped Off

By Paul J Coulter

You’ve probably heard about getting cash for gold, or you might have seen the commercials on television. But how do you know that you aren’t going to get ripped off? How can you trust them? And, you certainly need to ask: How can a company pay top dollar for gold when they willing spend thousands on television commercials?!?

Clearly, the better option is to find a low profile, reputable gold refiner who pays cash for gold but has developed a “solid gold” reputation online. As you research who to send your gold to, here are some factors to take into consideration:

Cash for gold factor #1: Check the prices
If they tell you what the current gold, silver, platinum, and palladium prices are, and if you know that you get a percentage of those prices, you can feel far more confident than if you simply hear something like “we’ll just send you ‘money’ for your gold.” A reputable gold dealer will be clear in how they tie their prices to “spot prices”, which are the commodity prices in the industry.

Cash for gold factor #2: Get the seller to quote the price per gram
When you ask for gold prices, there is far more transparency when you compare apples to apples. If one seller gives you a gold price per gram and another one per ounce and another one based on a fraction of a pound and another one just gives you a flat fee… how do you know who’s giving you the best deal? Instead, get them to quote you a price per gram so you can compare one quote against another, or so you at least know what they are paying as a percentage of the commodity spot price.

Cash for gold factor #3: Bypass the middleman and work directly with a gold refiner
So-called “middlemen” get their money from doing nothing else other than buying at a low price and reselling it at a high price. By selling directly to the gold refiner, you are able to sell your gold for cash, but get more cash than if you were to sell it to a middleman first. In some cases, you might get as much as 100% to 300% more than if you sold to a middleman.

Cash for gold factor #4: Watch for helpful and reputable gold refiners
If you’re selling your gold for cash to a company that doesn’t tell you what they do with your gold, and who doesn’t give you a clear price, then steer clear! A reputable gold refiner will tell you that they are selling your gold to dentists, dental laboratories, and jewelers. Compare that to someone who doesn’t tell you; it’s likely that they are just a middleman who will then be selling your gold to a refiner!.

Cash for gold is a great way to make money and clear out your old, broken, or unwanted gold (and other precious metals like silver, platinum, and palladium). Finding the right cash for gold company can make your experience even more enjoyable and profitable.

Paul Coulter has recently used a Toronto Canada cash for gold service, Cash Gold Canada, and was very satisfied with the payout and service. Cash Gold Canada provides services for both Canada & the USA. For more information, or to request a free gold kit, visit http://www.cashgold.ca

Article Source: http://EzineArticles.com/?expert=Paul_J_Coulter