The price of gold is determined by its weight. When 2009 saw great economic crisis spread globally, the price of gold remained relatively unaffected. The gold price has been rising more or less steadily for the past 10 years giving returns of around 17%. This means that gold is a safe and worthwhile investment. This is especially true in times of crisis when other investments tend to fail. If you have invested in gold and are now in need of some extra cash, it is a great time to try and sell your gold. One of the easiest ways to this is to sell gold online.
There are lots of sites out there that will help you to do this. In general, they will send you a bag that you stick all of your unwanted gold into and send it off to them. It does not matter how good the workmanship is, or even whether the item is broken. Once they receive your gold they will weigh it, assess it for purity and tell you the price they are willing to pay and give you a chance to accept. If you accept the offer, they will send you the agreed amount. Cash For Gold really can be as simple as that!
Just remember that sentimental value does not mean more money. When selling gold the price is by the weight and not by workmanship; if you are attached to an item, or have a unique artistic jewelry, you will probably be disappointed with the price.
If you have special pieces of jewelry to sell, you are better to sell it on ebay, or see if a friend or family member might be interested.
I know personally that if you want to sell Jewelry NY is a great place to do it. There is a lot of competition and you can find good prices. Although I was never wrong with Global Gold & Silver which always gave me the most for my gold!
So there, you have it - A brief guide to getting cash for gold. Give it a try; you might be sitting on a fortune!
