There are many ways in which you can sell some of your older items to gain a little cash, and old jewellery does tend to hold some value. However, it is only recently with the surge in scrap gold prices, that jewellery has become quite so valuable. What’s more, the increases in the scrap gold price mean that the pieces you want to sell do not have to be in great condition either so you can even sell damaged or broken pieces.
To sell jewellery in the past, it was necessary to visit a high street jewellers or pawnbrokers and rely on the item having reasonable resale value and appeal. Those items that were still seen as being good quality and having appeal to other potential buyers held some value and the owner could sell their gold for cash. However, if the pieces did not hold resale appeal then they would fetch very little or nothing at all.
The modern trend in scrap gold prices means that companies looking to buy gold for cash are not doing do for resale value. Instead, they are looking to take advantage of scrap gold prices by sending the gold off to be melted down. This means that even old fashioned jewellery or items that are damaged or broken can still be sold and the buyer can still get rid of gold for cash sums.
High scrap gold prices also mean that the buyer can expect to receive a more reasonable offer. The buyer doesn’t have to rely on marketing a product and hoping to find a buyer so there is no, or very little risk. They assess the quality of the gold, weigh it, and use these figures along with the scrap price to determine a decent offer.
Once you receive the offer to sell your gold for cash, you are free to accept or decline the offer. If you choose to decline the offer then you will receive your jewellery or other gold items back in exactly the same condition that they were sent and you lose nothing. If you accept the price, the money could be in your bank within just a few days of first sending your jewellery away.
Article source: https://www.thesequitur.com/sell-your-gold-for-cash-2501413/