How Not To Get RIPPED OFF Selling Your Gold Jewelry

The Blue Tourmaline Earring.

Read this afore you advertise your gold!

In this difficult economy, added and added bodies are affairs their gold adornment for cash. accept you apparent the bodies continuing out on artery corners, spinning their "WE BUY YOUR GOLD" signs, adorable you to their food or booths?

Blue Tourmaline Earring

There are a few things you allegation to apperceive afore you advertise your burst and exceptionable gold chains, earrings, bracelets, watches and rings. Below is the blueprint which shows how gold prices accept skyrocketed in aloof one year:

Blue Tourmaline Earring and How Not To Get RIPPED OFF Selling Your Gold Jewelry

The Blue Tourmaline Earring.

What is your gold account today?

So how do you account the amount per gram weight on gold? It's a little complicated. When your gold is purchased, it is again beatific to a refiner. The refiner has a lot of aerial expenses, such as cher accessories for ecology restrictions (alloys can accommodate actual adverse agents), acids, labor, etc. additional there are algae also. Your 14K gold may not be absolutely 14K gold. Unless it states "14K P" on the authentication of your jewelry, it apparently is a tad beneath than 14K. The "P" agency Plumb, or absolutely 14K. The refinery will about allegation a 12 to 15% fee for adorning bottomward your gold or silver.

Here are equations that we use and will about assignment as the NET per gram price, afterwards adorning fees: 10K gold: atom amount X.0119 = amount per gram 14K gold: atom amount X.0168 = amount per gram 18K gold: atom amount X.0220 = amount per gram 22K gold: atom amount X.02745 = amount per gram

You can calmly acquisition the accepted amount of gold (spot price) on the Internet. Today gold is about $ 1500 per ounce. That agency 14K will be worth: 1500 X.0168 = $ 25.20 per gram to the actuality that buys your gold. A acceptable amount for you to get today for 14K gold would be .00 per gram.

What you allegation to know:

1. If your adornment has a gemstone(s) in it, affairs are you will be giving it to the gold buyer. Almost all of these buyers are absorbed in ONE THING - the metal. Some of them don't accept a clue about black gemstones. They usually apperceive about diamonds, but actual few apperceive annihilation about black gemstones. Some of these buyers will pay you their gold per gram amount for the gemstone, abnormally if it's baby to average size. It's easier for them aloof to counterbalance the absolute allotment of adornment and pay you - besides, they're usually authoritative a lot of money on the transaction, and can allow to do it this way. It may not be a acceptable accord for you however. For example... let's say you accept a 14K gold arena with a baby dejected gemstone in it. The gold client will counterbalance the arena and accord you the amount based aloft the absolute gram weight of the ring, including the gemstone. That ability abundant for you if that dejected bean is quartz or topaz (less big-ticket black gemstones), but what if it's Apatite, Zircon, Aquamarine, Spinel, dejected Diamond, Sapphire, Paraiba or Indicolite Tourmaline,... etc.? Any of these gemstones are actual valuable, and it apparently would be a acceptable abstraction to abolish the gemstone and either displace it in a ambience that you will abrasion or advertise it. When you are talking about gemstones, the weight is abstinent in Carats. The about-face from Carats to Grams (what your gold is abstinent in) is: 5 Carats = 1 Gram. So, let's say you accept a 5 carat Paraiba Tourmaline and you accept to leave it in the setting. You will get a amount of . per gram, so this Paraiba is account . (1 gram). A little blockage on the Internet will acquaint you that Paraiba can be account upwards of ,000 per Carat, or ,000. (This is an acute example, as Paraiba Tourmaline is copper-bearing and actual rare, but it illustrates the point).

2. Let's say you appetite to accept a gold affairs party. All of your accompany appear to the affair with their gold adornment that they don't abrasion anymore and appetite that added banknote that their adornment ability bring. Did you do any amount comparisons? There are a lot of bodies that put on these parties and accomplish a affluence - on your jewelry. Do your homework! ASK THE IMPORTANT QUESTION - HOW abundant WILL THEY PAY PER GRAM FOR Silver, 10K, 14K, 18K, 22K and PLATINUM jewelry. It's abundant bigger to use an established, bounded ability for this party. Ask about security. How abounding bodies will be there from the buyer's business?

3. As of this week, gold is at an best high, with the amount for 14K to be at about $ 25. per gram. That agency an HONEST Gold client will acquirement your 14K gold adornment for about . per gram. That's a acceptable price. Some of the bodies that are putting on gold affairs parties in your home, or in their food are advantageous . or . per gram - that's a ripoff! aloof ask them how abundant they pay per gram, and allegory shop. This could save you hundreds of dollars!

4. What about Gold Filled, Gold Plated and argent Jewelry? That is admired too... aforementioned applies - ask the gold client what they will pay per gram, and amount boutique - it's account your time.

5. Do not anytime - I echo - anytime mail in your gold adornment to anyone for about-face to cash. They can rip you off any cardinal of ways, i.e., belittle the gram weight in their favor, etc. Once they accept your jewelry, it's out of your control.

6. Be actual alert of the new gold affairs shops that are bustling up everywhere. You will book abundant bigger at an accustomed abundance that has been there for abounding years. Whether it's a assurance boutique or a adornment store, I would accord them your business. If their per gram amount is beneath than their competition, I would accord them the befalling to bout the price. These gold affairs shops that pop up are about a accessory abundance of a ample business far away, are there for a abbreviate time and will acutely aching your adept trusted bounded businesses.

7. Recently, there was a gold affairs set up at a bounded Holiday Inn. They did a LOT of advertising, and there were a lot of bodies who brought their exceptionable gold and argent to sell. I was SHOCKED at how bodies didn't alike apprehend that they were accepting ripped off, and didn't ask what they would be paid per gram. It angry out to be $ 5.00/gram. One woman had 63 grams of 14K gold (most bodies had added gold for sale). Because she didn't apprehend she was actuality ripped off, she was captivated with 5.00 she was paid. She didn't apprehend that a fair amount for her burst and exceptionable adornment should accept been ,008.00.

8. The accepted trend appropriate now is Antique Jewelry. If you accept absolutely nice allotment of Antique Jewelry, and you can't accumulate it, get it acquainted by a acclaimed Jeweler - but don't acquaint them that you appetite to advertise it (they may adduce you a actual low appraisement and try to buy it themselves). You ability appetite to try eBay. You will alone get broad appraisement on the jewelry, but it will be bigger than the atom prices offered.

9. Remember - the affairs and affairs of adornment can be a lot like the car business. They allocution "deals", and some of them apply the aforementioned affairs tactics. If you are attractive to acquirement some new jewelry, amusement your exceptionable adornment like a acclimated car trade-in. Get the appraisement on the adornment first, including the gram weight, again accommodate on the new purchase.

In summary:

• consistently ask what the client is accommodating to pay per gram, 10K, 14K, 18K, 22K, argent and Platinum

• boutique and analyze prices

• never mail your gold for cash

• try to do business with a bounded merchant (Pawn Broker or adornment Store). If they action beneath per gram, accord them the befalling to bout the amount from the pop-up gold buyer

• alone use a acclaimed bounded antecedent if you are planning to accept a gold affairs party; be aegis acquainted and boutique for the best amount per gram

• actuate what the gemstones are in the exceptionable adornment afore affairs it... if they are account anything, abolish them

Blue Tourmaline Earring and How Not To Get RIPPED OFF Selling Your Gold Jewelry

Related : We have selected quality products for you here 50 Inch Flat Screen Tv