It is quite often seen in India that
people in dire need of money/cash turn to sell their gold and diamond jewelry.
In most cases, it is seen that the money people get against their jewelry is
often less than the original price of the jewelry.
In the following paragraphs we are
discussing a few things that people should consider before selling their
precious ornaments.
Retain Invoice
An authentic jeweler will always ask
for the original invoice or purchase document when you approach them for
selling your jewelry. If you are heading to such a jeweler and have the
original details of the piece of ornament you want to sell, then the jeweler
won’t be able to argue about its purity and you will be able to get appropriate
amount for your gold and diamond ornaments.
What's It Worth?
If you want to sell your
diamond or gold jewelry then it’s important to have a proper understanding of
the worth of your ornaments, you are intending to sell. For this reason, it is
essential to get quotes from various companies providing Cash For Gold or cash for diamond. Get at least four to five quotes
and settle for the highest amount provider.
Check Purity
Before you sell your jewelry,
check whether it is hallmarked or not. Hallmark sign established the
authenticity and purity of gold. Any jewelry that has 916 hallmark sign means
91.6% purity of gold. Jewelers prefer to buy jewelry with 916 hallmark than the
jewelry with no hallmark sign as there is no authenticity of its purity.
Deciding The Final Price
Gold shops or jewelers who but
used gold first melt the ornaments in an induction furnace and then the gold
left thereafter which is free from impurities is taken for the final deciding
of price. This complete process is done at a nominal price which is deducted
from the final gold price.
Where To Sell
The best option to sell your
gold and diamond jewelry is to go to a reputed jewelry shop as there are better
chances of getting appropriate amount against your ornaments. But there are
various jewelers who buy only that jewelry which is purchased from them or the
jewelry against which you have a proper invoice. In India, there are various gold buyers, who
you can reach in emergency. But make sure such gold buyers indulge in
malpractices and you may end up getting reduced prices against your ornaments
to avoid this sell your jewelry only to a trusted gold buyer like Gold World, who provides best prices
against your jewelry.
