Learn How to Sell Your Scrap Gold

The scrap gold price varies from day to day. As the price of gold climbs, the value of scrap gold climbs also.

To sell your scrap gold you need a scrap gold price and someone to buy it. The first thing to find out is, what is the current price for spot gold? This can be found in the charts at the top of the page.

Second you need to find a dealer who buys scrap gold. There are many of these around and most of them will pay you about 10 to 20 percent less than the current market value of gold. There is a penalty for selling your gold at scrap price. The dealer has to process the gold you sell him and wants to make some money on the deal as well.

Keep in mind that alloyed gold (less than 24 karat) will get proportionately less. In other words you will not be able to sell a 9 karat gold necklace for the same price as a 24 karat gold necklace.

The closer to pure gold you are selling the better price you will get of course. Apart from the fact that for a lower carat item there is less gold, there is also an extraction process to pay for.

However, to off set that there is often other precious metals which may be extracted. Silver, platinum, rhodium.

If you suspect that other precious metals are present with the gold then you would be looking Cialis Jelly to get a price on those also. For example, with gold fillings often you will find platinum and palladium. Get a price for these are platinum, for example, has a higher price per ounce Kamagra jelly than gold.

It is quite possible to get a very good scrap gold price for all your old and unwanted gold. Gold is virtually indestructible so unless it has been lost, all the gold ever mined still exists.

With the right equipment, it is very easy to recover gold from even the most complex mixes. From most of the uses it has had since it is capable of being melted down, re-refined and recycled.

The type of scrap gold one can sell includes the various karat densities as found in the supply of recycled gold, or scrap gold, is an important part of the dynamics of the gold market and depends largely on economic circumstances and on the behavior of the gold price. It has been noted that the gold scrap supply typically rises in times of economic distress or following a price rise.

Other gold such as gold nuggets, pure gold coins and bars are also welcome at gold scrap dealers. In fact just about anything that has gold in it will be accepted.

Remember also, the scrap gold price will change from day to day and when you decide to sell, you should make an agreement with the dealer to accept a specific price otherwise some dealers will only pay upon receipt of the gold and if it has dropped you would lose out.

Of course, on the other hand, it may rise. In any event, you can easily find a scrap gold price for your old unwanted gold and recoup some value from it.

If you have a dealer willing to buy close to home it is simply a matter of taking the gold and getting a price for it. If there is no one suitable you will have to send the gold away for a quote.

There are many reputable dealers who will do this and mostly they will, when requested, send you a special envelope to put the gold in. this envelope should be registered and require a signature when you return it and, of course, should be insured.

After the gold scrap dealer has assessed the gold you sent, you will get a phone call or email to contact their representative who will then discuss the price they will pay for your gold. If you are satisfied with it, they will simply send you a check.

If you are not they will return the gold., such as rings, chains, bracelets and earrings for example, from 8, through to 22 and 24 karat gold. Also the 16K dental fillings, gold teeth, bridges, crowns, etc.

Other gold such as gold nuggets, pure gold coins and bars are also welcome at gold scrap dealers. In fact just about anything that has gold in it will be accepted.

Remember also, the scrap gold price will change from day to day and when you decide to sell, you should make an agreement with the dealer to accept a specific price otherwise some dealers will only pay upon receipt of the gold and if it has dropped you would lose out.

Of course, on the other hand, it may rise. In any event, you can easily find a scrap gold price for your old unwanted gold and recoup some value from it.

If you have a dealer willing to buy close to home it is simply a matter of taking the gold and getting a price for it. If there is no one suitable you will have to send the gold away for a quote.

There are many reputable dealers who will do this and mostly they will, when requested, send you a special envelope to put the gold in. this envelope should be registered and require a signature when you return it and, of course, should be insured.

Author Bio: Jack R. Landry has a PHD in financial services and has written hundreds of articles relating to financial products and Sell Scrap Gold. He has been a consumer advocate for 25 years.
Contact Info:
Jack R. Landry
JackRLandry@gmail.com
http://www.ScrapGoldBrokers.com
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Category: Finance/Financial Planning
Keywords: Sell Scrap Gold

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