Gold remains an ultimate symbol of beauty and elegance in both men and women. But then again, what is the importance of gold when you decide to sell cash for gold to a gold buyer near you? Well, the gold your jewellery pieces are made of can determine the buyback price and how much money you can get. For this reason, before you decide to sell your scrap gold, it is worth knowing what type of gold you have.

Do You Have Real Gold

Solid gold jewellery comes at a high price when bought. This is because the gold is expensive has a radiant colour with shine and is highly valued in the secondary market as it does not fade or tarnish. Suppose you are lucky to have a 22k or 24k gold jewellery piece. In that case, it is very malleable yet soft and unsuitable for everyday wear but can still provide you with a high price when sold as scrap gold. Most jewellery that is sold in western countries is 9k, 14k and 18k. These alloy’s are stronger and don’t break like 22k or 24k gold sold in Eastern Countries.

What about Gold Filled and Gold Plated Jewellery Pieces

When you look at gold-filled jewellery, it is a method used to cover a specific type of metal that is usually cheaper. Hence, they will cover metal like brass or copper with a thin layer of gold known as electroplating.

While the jewellery piece is durable, it does not have value and is best to be deposed of and not worth sold as scrap gold. The same applies to gold-filled jewellery.

The difference is gold filled jewellery has a much higher concentration of gold. However, gold filled jewellery ranks below solid gold for its quality and value. Therefore it has no value and can not be sold as scrap gold.

if you are unsure if your gold jewellery pieces are gold-filled or plated. You can still visit a gold buyer who will quickly tell you if your jewellery items are fake.

What Gold do You Have?

When you look at the gold jewellery lying n the jewellery box and wonder, can you get cash for your gold? The important thing is to determine what type of gold you have. With solid gold or gold-filled jewellery, you will always have a hallmark present to decide on the gold purity. Check your Jewelley for hallmarks and anything hallmarked filled or plated is best to throw away. Jewellery without hallmarks is best to still bring along with you anyway to find out if its fake or not.

If you have real gold that’s hallmarked but broken you can still sell them to a gold buyer. Surprinsgly Your broken gold jewellery can still fetch you top cash for gold.

With the dealer’s help, they can safely test and determine your gold jewellery value to present you with the best buyback price. The broker will sort your gold pieces into the correct gold purity and weight and offer you slightly less  than the current gold market price of the day.

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Gold remains an ultimate symbol of beauty and elegance in both men and women. But then again, what is the importance of gold when you decide to sell cash for gold to a gold buyer near you? Well, the gold your jewellery pieces are made of can determine the...