You can make money fast by selling your old or unwanted pieces of gold jewellery. But there are a few things to keep in mind if you want to secure the best price. Read on for our top three tips.
1. Understand the real worth of your jewellery
Our first tip is to understand how you can realise the true worth of your gold jewellery. This involves looking at the item and its component parts separately.
Scrap gold buyers are very specialised companies. At UK Scrap Gold, for example, we handle the full end-to-end process from buying scrap gold, to testing and validating its purity and finally smelting it down to be recycled into new gold products.
This means we have an efficient business, and we can give you some of the best prices on the market for your scrap gold. But it also means we’re not necessarily the best people to speak to when there’s another item involved, such as a substantial ruby or an emerald.
So, we suggest you remove any significant precious stones before selling your gold. That way, you can keep them if they’re important to you, or sell them on to a specialist.
Meanwhile, we’ll give you a price based purely on the weight of the gold in the item you sell to us with no hidden charges or processing fees.
2. Sell to a business you trust
Next step in securing the best price for your gold is to find a business you can trust. Unfortunately, not all online scrap gold buyers are who they say they are, so it’s essential to seek out businesses with a loyal customer base and many years of experience.
At UK Scrap Gold, we take great pride in our reputation and the relationships and trust we have built with our customers. We’ve been operating for over 20 years with a team of experts who you can speak to about your scrap gold sale.
Feel free to contact us by phone or email, or you can even come to visit us in person at our physical location in Wolverhampton. We operate through a system of appointments in order to keep you and your gold secure.
3. Look for transparent gold prices
Finally, take some time to look for a guide on how much you’ll receive for your gold. Familiarise yourself with the different prices that businesses offer you before you make a decision on who you want to sell to and prioritise those who are transparent with their pricing.
At UK Scrap Gold you can use our calculator for a quick and easy way to find out the value of your gold should you sell to us. Our website also has a price comparison feature so you can look at our rates in comparison to some of our competitors. These are just some of the small steps we have taken to maintain transparency with our customers.
Sell your gold jewellery today
By recycling your gold to create new products, we provide your jewellery with a new life! It’s also an increasingly important way of reducing the negative impact that gold mining has on the planet, including the pollution of waterways and the destruction of protected natural reserves.
Your contribution helps reduce the need to mine for new gold, a small but significant step towards protecting our planet. Fill out our form to find out how much you can get for your gold today! Any questions? Give us a call we’ll be happy to help.