Dedicated: Use These 5 Tips to Get Top Dollar For Your Gold Jewelry

Over the course of a lifetime, a person will acquire a number of possessions. For most women, having great looking jewelry to accessorize with on a daily basis is important. There will come a time when the jewelry boxes you have will be overflowing with unwanted pieces. Finding the best place to sell gold in NYC is essential when dealing with a large amount of unwanted jewelry. Rushing through an important process like selling gold will usually lead to you losing a lot of money in the long run. Before embarking on the journey to sell your jewelry, consider the following tips to ensure you get top dollar for your gold.

  1. Get to Know the Scales Used By the Gold Buyer

The amount of money you get for your jewelry will be solely based on the weight it has. The scales used in the United States measure 28 grams per ounce. Some of the dealers out there will use the pennyweight system in order to weigh the pieces you have accurately. Failing to get to know the system being used by the gold buyer can leave you in the dark when it comes to home much money you are going to receive. The time that is put into researching this topic will pay off in the long run.

  1. Make Sure Your Karats Are Weighed Separately

When going into a gold buyer to sell your jewelry, pay attention to how they weigh up everything. Some buyers will weigh all of your jewelry together and then offer to pay you based on the lowest karat in the bunch. Agreeing to this can cause you to lose a lot of money in the process. Rather than letting the gold buyer weigh everything at once, you should request separate weighing for all of the pieces you have. This will help to ensure you are given top dollar for the jewelry you have in hand.

  1. Know Who You Are Selling Your Jewelry To

Among the biggest mistakes made by newcomers to the jewelry selling world is failing to research the buyers in their area. Generally, there will be a variety of different gold buyers to choose from. Looking on the Better Business Bureau website is a great way to figure out what type of reputation a gold buyer has. Ideally, you will want to use a buyer who has a reputation of being fair and honest. With a bit of time and research, finding the right gold buyer will be easy.

  1. Read the Fine Print

One of the easiest ways to get rid of unwanted gold jewelry is by using an online buyer who offers a mail-away service. If you decide to go with this option, make sure you read the fine print on the website of the buyer you are using. In this fine print, you will usually find information regarding how long it will take you to get reimbursed for your jewelry and how much money you can expect for your pieces.

  1. Be Realistic About Your Expectations

Some people think that just because a ring belonged to their dear Aunt Sally, it will be worth more. You will have to work on detaching yourself from the sentimental value of a piece of jewelry when trying to predict what a buyer will give you for it. Unfortunately, a gold buyer will not care who the jewelry belonged to only what the actual value of it is. Rather than setting yourself up for a letdown, you should focus on being realistic about what your pieces are worth.

The professionals at Truval will be able to help a person get top dollar for their gold jewelry. This company specializes in making the gold selling process easy. Give them a call or visit their website to find out more about what this company has to offer.