By Alan Liddy
If you want to trade in gold for money, there are a few things that you need to be aware of before you make any decisions. Trading gold for cash can be easy and very profitable if you choose the best place to sell your gold.What is the purity of your gold?
First of all you need to consider the purity of your gold. If you are considering selling your jewelry, check to see if it has a karat stamp. If your jewelry has a karat stamp on it then it is real gold. 24K is the purest form of gold. Here is an easy tip to determine just how pure your gold jewelry is. If your jewelry has the 18K stamp on it, then it is 75% gold or 75% pure. The same goes for 10K. 10K jewelry is 41.7% gold. It's simple math. Just divide your karat stamp amount by 24 and that gives you the purity in percentage. The higher the percentage, the purer the gold, the more money you get, it's as simple as that.
How can you trade in gold for money?
You have a few different choices when trading in your gold for extra money. The first choice a lot of people first consider when selling their jewelry is a jewelry store. Jewelry stores can offer quick cash for your gold, but they simply cannot offer you very much for your jewelry. They will not be able to resell your items to their customers, unless of course you have a really nice piece of jewelry. Even if you do have a very nice piece of jewelry, jewelers are not going to offer you the retail value of your gold piece. But you have a choice that more and more people are discovering every day.
Where is the best place to trade in your gold for the most money?
You have to use an Online Gold Buyer to get the most money for your gold. Online gold buyers will evaluate your gold for free and make you an offer. Visit http://cashforgold-review.com to find out how to get your free gold mailing pack and see for yourself the best place to trade in your gold for the most money.
Article Source: http://EzineArticles.com/?expert=Alan_Liddy
No comments:
Post a Comment