Finding Gold Buyers in Los Angeles

by | Apr 22, 2013 | Shopping and Fashion

Gold buyers will buy anything with gold in it, from jewelry to coins to dental pieces. If there is gold on it, it can be sold. When one is looking for gold buyers Los Angeles, there are a few things they should know before they sell.

The current price of gold is important knowledge for anyone with gold to sell. The price is always fluctuating and is historically higher in a downtrodden economic climate. A seller would need to check the current fair market value to make sure they are getting the best value for their jewelery.

It’s important that the seller knows what they have to sell. A piece with gemstones in it will likely be more valuable than just the price of gold alone. A seller should also be careful with pieces that may be worth more intact, perhaps at auction, especially antique jewelry. Sellers should have anything they aren’t sure about appraised as is before considering selling it as gold.

Gold is a very soft precious metal. As it’s so soft, it’s often mixed with other alloys such as copper to make it strong enough to be used for every day wear. The mixture of gold to metal ratio is measured in karats. The more karats, the higher the amount of pure gold in the piece. Most jewelry is marked with a karat weight, up to 24k which is almost pure gold. Sellers should know this so that all their gold is measured in karat groupings rather than the price being based on the lowest karat value in the group. If a seller is in doubt of the karat value of a piece of unmarked jewelry they can take it to a local jeweler who will perform a simple test to tell what karat value a piece has.

Finding gold buyers Los Angeles, or anywhere else, is the most important part of selling valuables. Sellers will want to get estimates from a couple of different reputable gold buyers before committing. A good place to start is the Better Business Bureau, there you can find out if buyers have complaints against them. Unfortunately there are shady businesses that will try to scam the consumer.

After a little research, it is easy to make some extra money by selling gold.

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