Advice for Receiving Cash for Gold in Villa Park

by | Apr 17, 2014 | Jewelry

There is no question that the scrap gold market is huge and growing. This means that if you have old gold jewelry laying around you can turn it into cash. Some tips for getting Cash for gold in Villa Park are highlighted here.

Determine if your Jewelry is Real

If you are unsure if your jewelry is real and want to sell Cash for gold in Villa Park, you should purchase a gold tester, which can be found online. There are also a number of scales that can be used for weighing items so you know exactly what you have. Any gold will also be market, and the karat that it is will determine the worth of the piece.

Should you Hire an Appraiser?

There are some cases where hiring an appraiser will be a good idea. For example, if you have inherited jewelry from a relative and unsure of its worth, it is a good idea to go ahead and contact an appraiser in your local area. You should not tell them that you want to be given the insurance value, since this will be inflated. Instead ask them what you should expect to receive if you sold the piece that day. This will help you feel confident that you are clear about the value of what you are selling.

Finding a Quality Appraiser

Most appraisers are considered generalists. If you want to have jewelry appraised and you go to someone that specializes only in jewelry, then you should not have any issue with receiving a correct value estimation. Keep in mind however, if you are not sure of the person’s qualifications you may want to seek out a second opinion. Having a good idea of what you have and how much it is worth, will help you be confident that you are receiving a fair price.

Should You Consider Consignment?

If you do not want to take what has been offered to purchase your gold directly, you should consider putting it on consignment with a service. They will take a portion of the profits, however this may be a great method to fetch a higher price.

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