We will inspect your items right in front of you. Avoid internet mail order firms. Only deal with someone who will inspect your items in front of you and explain how your items are valued.
When you decide to turn jewelry into cash, be sure to find professional guidance from a Graduate Gemologist and trusted member of the community.
Consider A J L JEWELLERY TRADING L L C and Gemologist, where a welcoming enviroment and expert staff will answer your questions and assure that you get the most from your visit.
While there are numerous reasons why people choose to sell their gold ,diamond and platinum jewellery, what is common about them all is a less than comprehensive understanding of the best ways that they should go about it. Regardless of the fact that there are many buyers with different interests yelling at you to sell your piece to them, it will be in your best interest to know clearly and have a clear picture of what you’re looking for in a jewellery buyer. Therefore, here are some tips on how you should go about selling your gold jewellery to allow you to make the right choice.
Tips to Sell Your Gold Jewellery
Know the best time to sell
The general rules of supply and demand state that if a certain commodity is more in demand, it’s price will go up. Similarly, with gold commodities, they are more in demand when the country’s economy becomes rocky and uncertain as it is looked at as a safer option than any other form of investment such as shares and stocks. Therefore, it’s worth considering the condition of the economy when looking to sell your gold jewellery. If you think harder times are approaching, it’s a good idea to hold on to your piece till the prices start rising again. Still, just like with any other investment type, it’s difficult to accurately predict the rise and fall of gold value.
Look for sellers with ethical practices
Reputable gold buyers need to use certified scales for transparency and accuracy. They are expected to examine and weigh the items in front of their customers to ensure there are no forms of alterations taking place with the piece. The offers are expected to be posted clearly so that the customers can see. Additionally, they should ask for identification information of the seller and supply a receipt of the transaction taking place between them.
Recognize your jewellery’s true value
The karat reading of all gold jewellery denotes the amount of gold present in them. 24 is the maximum with 9 k being the minimum. Jewellery containing lower karat readings signify that the piece contains various other metals such as nickel, copper, and zinc. However, you don’t need a certified jeweller for this as the karat of any gold jewellery can be understood by the K, kt or Kt symbol present on the items. Know that the higher the gold percentage, the better a price you can ask for from your buyer. You may also ask a reputable gold buyer to test the value of your gold using a testing kit before you agree upon a price for it.
Don’t rush to sell your jewellery
You can certainly use a high-quality cash for gold company as they are convenient. However, numerous studies have shown that you are unlikely to receive better value in return for your precious metal from such an organization. Most of the companies offer lower value for commodities when compared to online gold buying services and high-street jewellers. This is why it is vital for you to compare prices with as many sources as you can to ensure you receive the best value.
Avoid selling jewellery to pawn shops
All pawn shops have been in business for years and are popularly known for paying the least possible price for any commodity. This is applicable to gold jewellery too. They will never pay a hefty amount for anything, even if they can sell it for a higher profit. So, it’s best to avoid going to a pawn shop. Not only will they be less likely to recognize and distinguish between a high-quality and low-grade product, but they are also quite manipulative by nature and will not allow you to get a fair price for your jewellery.
An informed seller is one who makes reasonable decisions for a favourable outcome. Reselling your gold jewellery can fetch you high returns, if you know the right way to go about it. Considering the above-mentioned tips, you can get a fair deal for your piece.
So, how does it work?
Come down to see us and bring your unwanted gold , diamond ,platinum & silver jewellery and bars. Please bring some I.D. with you when you come down (original passport, work permit or labour card and a copy of your Original Purchase Invoices).
Our valuers will test your items to find out the purity and value using the latest XRF equipment.
We will then let you know the value of your items and you can decide if you would like to go ahead. There is no hard sell or pressure to sell your items if you are not 100% happy with the valuation.
If you choose to go ahead, we will pay you instantly then and there.
It really couldn’t be simpler!
It will take our team of valuers roughly 15 minutes to test the items, turn your unwanted Gold into cash!