It is possible to sell your gold jewellery if you do not use it or you are in a financial rut and looking for a way to bail yourself out. However, you cannot take this step head on without looking at some of the factors that may affect the amount you get from the sale. This is because the items you are trading in are precious and you do not want to lose them for a lesser value. The ultimate amount you get will depend on the process the items went through and the people involved in the sale. For instance, you have to check the number of middlemen between you (the seller) and the jeweler (buyer). If you have several intermediaries, the ultimate amount will be divided amongst all of them as commissions, meaning you will pocket an amount that is arguably less than what the sale produced. To avoid such predicaments, look for opportunities that require you to deal with the jeweler directly.
In addition, check the shipment process for you to sell gold jewellery. The courier service for shipping the valuables should be secure with no chances of losing the valuables before they reach the jeweler. Ask whether they insure the valuables during the shipment process and whether you can get the stones back if the price does not meet your expectations. In addition, they should indicate if there are optional ways of evaluating your jewellery, such as sending their experts to your residence instead of transporting the valuable items to them. This is important because of the security of the pieces you want to trade. The best way to do this is to visit the company’s offices before planning to send the valuables, so that you know the people you are dealing with and their location.
Thirdly, sell gold jewellery to a company that gives you the best rates. There is no need to settle for less because you have not done your homework to find a company that offers good money for your pendants, chains, nuggets, earrings or rings. Remember, the amount you get depends with their evaluation of what they want. If they do not find the quality they are looking for, they will quote the price of the existing quality and you have the right to accept or recall your pieces. In addition, you can try several companies if you feel the deal is not good enough in relation to the market value of the items. Inquire about the shipment charges or other expenses that you may incur in the sale before you sign the deal. This may take up a substantial amount of the profit because you need secure shipment facilities and they do not come cheap. Avoid additional charges at all costs and in this way, you will end up having a large sum when the final sale goes through.
1oz Gold Krugerrand for Sale on Amazon
Since last year about this time when the price of gold was about GBP 24.29 per gram this year this has increased to GBP 28.32 per gram in March to GBP 28.84 per gram on 13th April. As you can see gold is still continuing to rise at a very good level and over GBP 4.50 per gram higher this year than last year.
The Scrap gold prices have also continued to rise in line with the actual gold price and for 9 carat scrap gold the current price is £10.49 per gram, 14 carat scrap gold is £16.36 per gram, 18 carat scrap gold is £20.98 and 22 carat scrap gold is £25.63 per gram. This is a good increase from this time last year and if you then compare this to the prices which gold is selling for on eBay this month so far:
The krugerrand is probably the most famous of all the gold bullion coins and will normally come in 1 ounce coins. Historically the Krugerrand has made good money on eBay. As an example last year a 1984 Krugerrand sold for £454 and a 2008 one sold for £560 and two Krugerrands in mint condition dated 1979 and 1988 sold for £799.99 and £755. This year here are the results from some Krugerrand sales on eBay:
A One ounce 1979 Krugerrand sold for £920.01 on 13 Apr 2011. A one ounce 1975 Krugerrand sold for £900 also on the 13 apr 2011. Looking at the results on eBay a One ounce Krugerrand will now sell between £900 and just under the £1,000 for a good example which is a significant increase in the price of Krugerrands from last year.
Another gold coin which is a firm favourite is the Gold Sovereign the full sovereign weighs about 8g and is 22 carat gold these coins are always popular on eBay and a George V was selling for about £180 to £200 last year Victorian sovereigns are more costly depending on condition. This year full Sovereigns are now selling for about £220 to £230 and Victorian ones going for over £260. This is a big increase in a year with about £60 more being paid for Victorian sovereigns.
Last year the half Sovereign was selling for about £85 to £90 with exceptional uncirculated coins such as a 1910 half gold sovereign selling for £111. This year the half sovereigns are selling for about £110 with good examples and rarer years selling for about £140 and upwards, again this is well up on this time last year and the prices still seem to be not just holding but vastly increasing each year.
Scrap gold is also a very popular commodity on eBay and generally goes for a better price than most places where you can exchange gold for cash. There are lots of these cash for gold firms and shops appearing on the television, internet; even the high street is starting to be full of shops all wanting gold for cash. The increase in the scrap gold price has something to do with this but you will be hard pushed to get as much for your gold from these places as selling it on eBay. Looking at recent results 7 pairs 9ct gold earrings 8gms sold for £85.52 which is about £10.50 per gram and 31.9gms of scrap 9ct gold for £323.23 which again is over £10 per gram which is better than any other place I have seen offering to buy scrap gold.
