Enjoy Money From Selling Old Gold

Scrap gold buyers are showing up all over the place these days. Selling your scrap gold for the most money does not have to be a hassle or a time consuming experience.
It can be confusing with all the advertising going around about selling scrap gold. If you decide to sell your gold jewelry for some extra money in this tough economy, you need the best information before you make your decision.

In case you are unaware, scrap jewelry can come in a lot of different forms. It comes most commonly in the form of unwanted or broken jewelry for most people. It is common for people to want to sell their old jewelry to a jeweler.

If the piece is in good shape and has enough value, you might be able to sell it to a jeweler. However, most old gold jewelry is out of date and jewelers like to carry stock that is in trend with fashions and appealing to the current styles. It doesn’t hurt to see if they are interested in your piece if it is in fact a unique style.

Also remember that if you sell your gold to a gold broker that they won’t take your gemstones. You can always sell your gemstones to a jeweler. You may have some mismatched gold earrings, a broken necklace or maybe you have an old ring setting that is missing a precious stone like a diamond. This type of unwanted or broken gold jewelry is very valuable and you can make a lot of money if you find the right scrap gold broker.

You might be wondering who would buy your unwanted jewelry. Levitra Professional do Viagra Professional you need a prescription for viagra Scrap gold buyers want to buy your unwanted gold because it is so valuable.
The price of gold on the open market has hit an all time record high, but it will not stay that way forever.

If you want to make sure that you get a lot of money for your gold, you need to act fast before the price begins to fall, and it will. There is no better time than now to cash your gold in for money.
Unwanted gold can be valuable because scrap jewelry and gold are valuable because of its inherent melt value. That’s right, if you decide to sell your gold to a scrap gold buyer, it will be melted down into ingots to be sold on the open market.

A refinery will smelt it and it will be sold to countries, industries and even individuals to make all sorts of commercially available products like new pieces of jewelry and even medical products.
Just make sure that you research a few different companies before deciding on one.

A reputable company will pay for the shipping and even send it back to you if you don’t like their quote. Here is some information about how gold is smelted. Gold is soft and easily worked; it can be hammered into a variety of shapes. It can be beaten into sheets that are thinner than paper.

Yet scrap gold is most easily used by being cast into ingots. Casting requires the gold to be heated until it melts. The molten gold is poured out in the form if bricks, or ingots. These ingots can then be sold and re-fashioned. Here are the essentials of this transformative process.

Crucibles are most often used for smelting. Put your scrap gold into a crucible.

A crucible is a pot that is designed to withstand extremely high heat. Gold melts at a temperature of 1947.52 degrees F.
An acetylene torch is lighted and aimed at the gold in the crucible. The flame of an acetylene torch reaches more than 5700 degrees F.

The flame is held against the gold until it melts completely. The gold should be liquid. A pair of crucible tongs is used to carefully lift the crucible and pour its contents into an ingot mold. As with the crucible, the graphite is strong enough to withstand the heat of the molten gold.

The gold is then cooled and when it is cool and solid it is removed from the mold. It must be weighed on a suitable scale. If the ingots are small enough, it can be measured on a scale that has gram increments.

Author Bio: Jack R. Landry has a PHD in financial services and has written hundreds of articles relating to financial products and selling scrap gold. He has been a consumer advocate for 25 years.

Contact Info:
Jack R. Landry
JackRLandry@gmail.com
http://www.ScrapGoldBrokers.com

Category: Finance/Investing
Keywords: selling scrap gold

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