Selling Jewelry For Cash

David Yurman Engagement Ring

Precious metals are very liquid assets that can be sold at any time for cash. Jewelry dealers are more than happy to purchase any pieces that may contain gold, silver, platinum and other similar metals. Of course, such merchants are also interested in the exchange of precious stones like diamonds and gems. It's important to realize that the condition of authentic jewelry has no influence on its the market value. At the end of the day, it is only the content of precious metals and gemstones that counts in determining the price of a jewelry piece. Dealers often sell jewelry to refineries that melt the pieces into pure elemental forms. The refinery companies can then sell raw precious metals to jewelry designers and manufacturers. Modern online jewelry stores allow customers to discover the value of gold pieces with a single click.

When selling gold or diamonds to a jewelry shop, it is important to realize that negotiations are more than welcome. GIA certified workers may carefully analyze the content of the jewelry pieces that are brought for possible sale. Experienced dealers can perform several physical tests to determine the authenticity of gold jewelry. In fact, the karat rating can also be concluded based on simple tests on gold pieces. Bullion that is made of this precious metal is also very valuable and in high demand. Gold dollar coins are minted by the United States government as part of commemorative programs for U.S. presidents. Other countries also issue collectible gold bullion.

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    Regina September 21, 2014

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