Whenever you think about the most precious things in your house, one of the first things that would pop into your mind is your jewelry. Your jewelry is one of the only possessions a person keeps that can actually accumulate value as time passes. Storing and keeping jewelry, as well as passing it down to your heirs, is a way to transfer large amounts of wealth from person to person. Precious metals such as gold and silver and rare gems like rubies and sapphires only get rarer and more prized with the passage of time.
Golden Jewelry
Let’s take a look at gold in particular. We know now that gold jewelry represents the storage of great wealth. But what if you want to convert the wealth found in your gold to something more liquid and valuable, something you can actually spend? For that, of course, you need to sell your gold in exchange for cash. The market for gold right now is booming-- it seems that more and more people these days want to get their hands on the metal.
If you’ve got gold jewelry, learning how and when to sell is a good investment to make, and may even fetch you good prices if you know how to play your cards right. Let’s see how it works.
How gold is priced
Gold is usually priced via weight-- normally by the gram or kilo. As with other items, the price of gold fluctuates daily and you can find yourself dealing with very different prices from one day to the next. This can make gold-buying a tricky business with some serious pitfalls. To make sure you get your money’s worth, do your research first before attempting to sell gold jewellery!
Things to consider
Just don’t be impulsive. If you want to sell gold at a reasonable or competitive price, be patient, and always sell to reputable people. For example, you can be sure that the experts at Jen Jewel will always buy your gold at a fair price. If you are selling gold jewelry, contact us!
