Cash For Gold – The Best Way to Get More Money For Your Gold

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.