Need To Sell Your Gold for Cash?

It's not a bad idea to sell your used jewelry , gold jewelry or coins to help you ride out the recession. Before locating a gold buyer Los Angeles it’s important to look at the market value for gold and understand that you’ll get a portion of the value and not the full market value for your gold. This is because the gold buyer will have to melt the gold so they will not pay anything for the artisanship or style of jewelry. Gold dealers pay a smelter fee which can be up to 30% of the value to refine the precious metal- so this amount is the buyers profit.

In addition to the smelter fee it’s important to consider that some gold items are purer and more valuable. Pure gold is considered 24 karat or 24k. There is also 18 karat, 14 karat and 10 karat. The higher the karat also means higher in value.

It’s also important to do your research and find a reputable gold buyer when deciding to sell your gold jewelry. With the downturn in economy the last few years there has been countless ads over the radio, internet and print ad about selling your gold for cash or sending in your gold by mail- I would be wary of these types of transactions since you have very little control once it’s out of your hands. Gold offers by mail not only require you to wait for an envelope, you won’t even know how little they plan on paying you until they already have your gold. These gold refiners offer many promises with a large return but take the time to consider the fact that you’re mailing gold which is just like sending someone cash in the mail. If you do choose sending in your gold, make sure to insure the package by the postal service either by you or the company that your mailing it to.

By going to a local cash for gold San Jose shop, you can guarantee that a reputable and legitimate local company will pay the maximum value for your gold, without the hassle or the wait. There are appraisers ready to take in all of your old and unwanted gold jewelry, even if it is damaged and tarnished. There has never been a better time to sell gold in Los Angeles. Cash

for gold Los Angeles shops have done the research and know that gold prices are very high, and are ready to buy your gold.

Don’t trust a fly-by-night mail-order company when you can control the transaction on hand.