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It is scrap gold and it can be worth just as much as jewelry or coins. Scrap gold is unformed or broken pieces of the metal left over from jewelry making and industrial processes. If any of your relatives ever worked in the jewelry business there’s a good chance that you might have some in your house. Look around and if you see something that looks like flakes or chunks of gold it might be scrap.
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Scrap gold can be worth Money
Most of us know that jewelry and old coins can be worth money because they are made of gold. Well there’s another kind of gold that could be in your home that you could sell for cash or ship to a gold buyer.
It is scrap gold and it can be worth just as much as jewelry or coins. Scrap gold is unformed or broken pieces of the metal left over from jewelry making and industrial processes. If any of your relatives ever worked in the jewelry business there’s a good chance that you might have some in your house. Look around and if you see something that looks like flakes or chunks of gold it might be scrap.
Unfortunately most gold buyers will not purchase scrap gold. The pawn shops and national fast cash chains generally won’t. There are outfits that will including professional jewelers and gold buyers such as the Gold Standard in Merrick, NY and other locations on Long Island. These buyers can tell you if a piece of scrap is gold and what it is worth. Best of all they will not charge you if it isn’t real. These shops will also allow you to pawn scrap gold if you need extra cash but you don’t want to sell it.
If you don’t live in the New York area Gold-Cash and other online services will buy scrap gold. They will even pay for the cost of shipping the gold to them via UPS or FedEx and insure it when you do. That way you will run no risk and you can get cash for gold. Such a service can even pay you instantly for your items via direct deposit or Paypal.
What is Scrap Gold? Some of the items that can be considered scrap gold include: Nuggets Flakes Dust Small pieces used in jewelry making and other industrial processes Broken or damaged jewelry
Pieces broken off of something else Some bars or blocks of gold Wires and chains such as those used in electronics Some electronic components Gold teeth and fillings Dental gold Note buyers will not take all of these items. They will usually only purchase gold used in electronics if it is completely separated from the device and other components. They may also pay less for lower karat gold. Also make sure the buyer does not charge you a refining fee.
