Gold Buyers in Detroit Will Buy Broken and Unused Gold Jewelry for Quick Cash

by | Dec 16, 2013 | Jewelry

If you need quick cash, one of the easiest ways to get it is to sell your unused and broken gold jewelry to Gold Buyers in Detroit. Gold prices are higher than they have been in years, so now is the time to sell it. The gold jewelry you sell does not have to be in good condition, broken clasps or a missing link do not matter when you are selling the jewelry for melt down.When selling your jewelry to Gold Buyers in Detroit, the value of your gold depends on the purity of the gold and the weight. The majority of jewelry that is pure gold will be stamped with the gold content somewhere on the piece, such as the clasp. The content of gold is either 10K, 14K, 18K or 24K, the lower the number the lower degree of the gold content. The higher the content, the more valuable it is and some jewelry pieces, such as a piece that is 10K may have other fillers, such as silver, which have an effect on both the weight and the value.Gold Buyers in Detroit may offer slightly varying prices, typically the buyers who have their own refining equipment will pay the most money. The best way to ensure you are getting a decent price for your used gold is to check the current price before you go to the buyer. Keep in mind that a buyer, rather it is someone interested in the piece to wear or to melt down, will not give you what the exact value of current gold prices. However, if you know the current price, it will help you negotiate a slightly better price. There are several different places that you can go to that will buy your gold, such as a pawn shop or a local jeweler. If you are considering selling gold to an online buyer, it is important to verify the legitimacy of the company before sending them your jewelry and other gold pieces. There are also typically local dealers that only deal in selling and buying gold. It may be beneficial to call a few different places to get an idea of the value, but keep in mind that you will not know exactly how much you will get until the buyer inspects and weighs the pieces of jewelry you are selling.

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