Before You Visit Gold Buyers in Wheaton

If you have a need for some quick money, you might want to consider visiting a local Gold Buyers in Wheaton. There are several important things that you should know about gold selling prior to visiting a gold buyer. Keep reading to get the essential info on selling your gold for some extra cash.

The most important thing that you need to know about selling gold or other precious metals is that all gold is not created equal. There is a huge range of values that are adjusted according to the purity of the metal. The purest gold is 24 karat gold. This is 100 percent pure gold. It is extremely soft, however, and is very rarely used for jewelry as a result. Although it is rare, 24 karat gold is very valuable and will automatically command the highest prices at a gold buyer.

Other types of gold are still quite valuable, but they are not as pure as 24 karat gold and are thus worth less. 18 karat, 14 karat, 12 karat, and 10 karat gold all hold value, with the higher numbers indicating a higher purity and thus more value. Usually, the portion of the metal that is not gold is a base metal like copper. The gold buyer will typically melt gold pieces down to extract the pure gold and then reuse it in other pieces. Sometimes the gold is made into gold bullion or even gold coins.

If your gold pieces have stones in them, you may expect that the piece will have a higher value due to the gems. This is true only part of the time. Certain gems, for example, diamonds and emeralds, will command a high price at a gold buyers. These gems will enhance the value of the gold. However, semi precious gems like amethyst and topaz tend to be worth very little, if anything. When your gold buyer estimates the weight of the gold, they will subtract the weight of the semi precious gems. If you want to make some money at Gold Buyers in Wheaton, consider contacting RJ Jewelry And Loan. They offer a great return for gold, silver, and other precious metals.

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