Showing posts with label sell gold. Show all posts
Showing posts with label sell gold. Show all posts

How gold selling works?

How gold selling works

Gold buying companies' business model is simple: they buy gold, melt it down and flog it on for more. This means you can get cold hard cash for broken and unloved bling.
There are two main ways to flog your gold…
  1. Postal gold companies.
    With postal gold websites, you get a quote and send it off in an envelope. Payment is by cheque or direct into your account. When some gold sites send a cheque, you can choose to cash it or reject it. Gold sites' feedback varies dramatically, so read this guide carefully before posting your treasures.
  2. On the high street.
    If it's high street gold jewellers, you simply go door to door, haggle and hand over the goods there and then. This is safe and you'll know exactly how much you'll get, but, unless you live near London or Birmingham's jewellery quarters, postal gold often wins.
There are also gold parties, where friends get together to flog jewellery. We asked one of the biggest gold party firms what it pays per gram, but it wouldn't say. Ultimately, you're likely to get enjoyably inebriated – but that's never the best way to make a financial transaction.
This article will help you get the most ker-ching! for your bling and show you how to do it right. But remember... Read more on GoldinPC Gold recycling

How to sell old gold jewelry for cash?

If you want to sell your old gold jewelry or coins to help home budget don't expect to get the full market value for an ounce of gold that you hear so much about.


Buyers must take some piece of profit and you'll get a portion of the scrap value, not the market value, for your gold. Buyers melt the gold down, and they are not interested in artisanship or style of the jewelry you try to sell. Another important thing is that dealers must pay a smelter, someone who melts the gold, up to 30 percent of the value to refine the precious metal, after that comes buyer's profit.

Also, remember, some gold items are purer -- and more valuable -- than others are. Pure gold is considered 24 karat, or 24k. Think of it as a 24-slice pie -- each slice a single karat. Therefore, a necklace that has an ounce of 10k gold has less than half the gold of a necklace with an ounce of 24k gold.

Gold recycling

How to sell gold from PCs?


Remove all gold-colored parts from your PC.

Take off the computer casing and take all the parts out. Look closely at each part and set aside any with gold-colored parts. Edge fingers, processors, chips, pins circuits and other parts that are gold colored are what you want to get. Actually those parts are gold plated.
Send all gold-colored parts to a metal scrap refinery. They will offer you for your gold scrap which you can accept or decline. If you accept, the company will send you your money. You can send whole parts in but you might get more for separating all the gold. That is very time consuming though so keep that in mind.

Gold recycling