How to Sell Scrap Gold

One of the first things you want to do, is to collect all of the scrap jewelry that you have in your home. This can include broken jewelry, unwanted jewelry or unused jewelry. You will also want to find out how many karats each piece contains. Those that are pure gold will have a 24 karat gold stamp on it.

Scrap gold is anything that has gold in it. This includes bent or broken jewelry, bracelets or chains that are inextricably tangled, broken and unwanted gold scrap, casting gold and grain, cluster rings, gold alloys, gold bracelets, gold bullion, gold chain, gold class rings, gold coins and bars, gold dental crowns and bridgework, old gold watches, and placer gold. The list could go on but these are some of the examples of scrap gold material.

Find out the current price of gold before you send in anything or accept any offers. You can find it on many financial sites like our. The spot price of gold changes daily so check right before you call a company up, it only takes a few seconds. This way you have a number to work with when you get an offer from a refiner.

Look, the reality is that if you have gold that is not being put to use it would only make sense for you to sell it. Probably one of the hardest things about doing it would be getting past the sentimental value. But one thing to keep in mind is that it leaves opportunities to create more sentimental memories. You probably answered yes to more than the three of the questions; it’s for your benefit sell your scrap gold today.

In learning how to sell scrap gold, you will come to find that it is a simple process that will allow you to get a lot of extra cash for your unused and unwanted gold jewelry.