Are you looking for a simple way to earn a little extra money? Do you have some old jewelry lying around? Have you been looking for a way to get rid of it, but you know it's not worth the time to put it in a consignment store or sell it online? You should consider selling your scrap gold to pawn shops or cash-for-gold buyers. It sounds a little intimidating at first, but it's actually very easy and absolutely worth the time.
What is scrap gold?
Scrap gold is basically any item that contains gold; including unused jewelry, old dental fillings, coins, older eyeglass frames, old watches, and sometimes even electronic parts are made of gold.
How can you sell your gold?
To sell your gold, simply gather all your pieces together and find a business you trust to offer you a fair price. Actually, you may want to take one or two items to start with and see how the store treats you. If you don't feel you are being treated well, don't hesitate to go get another quote from another shop. Once you establish a relationship, you can come back with more items over time. Please don't be surprised if prior to making an offer, the shop tests the item to make sure it is actually gold. It is a common industry practice.
There are several ways to find a reputable place to sell your scrap gold. First, you have to decide if you would rather sell the items in person or if you would prefer to use the internet. The advantage of going to a shop in person is that you will get cash immediately, and you will generally know if you are being treated fairly. While pawn shops and cash-for-gold shops are very discreet and professional, if you would rather ensure that the transaction is completely private, there are many honest internet-based companies that will buy your gold.
Is it worth the time?
You may think that the gold pieces you have aren't very valuable because they are only 10 karat. Well, a karat simply refers to the amount of gold in the piece of jewelry. All gold, from 10 karat to 24 karat, has value, and gold buyers are eager to take it off your hands. Take the time to go into the cash-for-gold store and see what they will offer. Keep in mind though, that the gold buyers are looking at the value of the gold itself, not the intrinsic value of the jewelry.
