Gold Stamped

Gold Stamped
Gold Stamped Gold Stamped

As it turns out, gold dealers - for instance those affiliated with the various Home Roadshows - are proactively seeking to cash in. Regardless of which station you watch on TV or listen to on the radio, you're bound to encounter pitches for you to trade in your old jewelry for cash. Indeed, a modern day gold rush is upon us, and there's money to be made. But how do you know who the reputable dealers are?

First of all, the price of gold is determined by what the market dictates rather than by what some faceless group or organization says or does. So you can have a greater degree of certainty that the price you're offered is based on true market value.

One professional gold buyer has some advice for would-be jewelry sellers. Hearkening to his words of wisdom could net you some cash while saving you some aggravations that those new to selling their jewelry encounter.

The 24-Karat Dilemma

According to experts you need to be careful whenever, say, you hear it announced that gold is fetching over USD 1,000 per ounce. The reason for this is that such announcements apply to pure 24-karat gold, bullion or spot gold whereas "most people's gold is 10, 14 or 18 karats. So you've got to cut whatever the gold market is into about 75%. A 14-karat piece is only 58 percent pure."

What Do You Have

If you're like a lot of people, you might not even be sure about the karat rating of your rings, necklaces, bracelets and other old jewelry. More often than not, this information can easily be gleaned from the karat rating stamped onto the item in question. A higher karat rating means that there is a higher percentage of gold in the item and therefore the more your item will fetch.

The Gold Plated Difference

You need to know whether your jewelry is gold-plated or karat-gold jewelry. The former is a term used to describe jewelry that consists of a foundation of base metal covered with a sheet of gold. The gold plating will, over time, deteriorate. Gold plated jewelry has no value as it pertains to precious metal value, most gold plated items are made mainly of copper with a think gold plate.

To learn more about getting the most cash for gold take the time and learn what you items are really worth before contacting gold buyers. Everyone could use some extra money during these tough economic times and now is a great time to clear out your jewelry box while gold is still near record all time highs.

I need to know what the numbers mean that are stamped on gold jewellry?

14K means 14 karat
18K means 18 karat
and so on.
The higher the number, the more gold content & the softer the jewelry will be. Higher number also means higher cost/value.
Hope this helps.

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