What steps should I take if I want to sell my gold jewelry?

It is likely that on some occasion you have considered sell your jewelry from gold to get some extra money. It is one more alternative if you need additional income, but before taking the step you must know a series of basic questions to avoid possible deception. In the same way, you must realize that the price you get will not be the same for the one you bought them for, rather it will be inferior. This is so because normally when acquiring the jewel, other values ​​such as the design, the brand or the manufacturer and the jewelery are included in the price. In addition, you must have the buyer’s approach that if you are not going to resell it, it is most likely that take this into account when determining the price, explain from the Organization of Consumers and Users (OCU @consumers).

Weight and purity

First of all, it is necessary that let’s calculate the weight and purity of the gold of our jewel. For the first, we can use a kitchen scale. While to look at purity we will have to look for a mark with three numbers on it, which are those that indicate quality. If it appears 999, it will mean that it has a purity of 99.9%, that is, 24 carats, and if the figure is 750, it will be telling us that it is 75%, which is equivalent to 18 carats (the most common in the jewels from Spain).

Then you have to locate a gold calculator where you must include the values ​​obtained for weight and purity. In this way it is possible to get an idea of ​​the price you can receive for the sale of the jewel, although you must deduct a percentage that will be the buyer’s profit margin.

Jeweler worked a piece of gold (Bigstock)

Best in jewelry

According to a study carried out by the OCU, the establishments where a better price is obtained for the sale of gold they are the jewelers themselves. Both the specific stores that buy and sell this mineral and the second-hand stores tend to offer a lower value. The advice, however, is ask in various places and compare.

Similarly, in this business transaction it is possible to haggle, so if you are not very satisfied with what they offer you, you can try it and you may be surprised.

From the consumer organization they also warn us that let’s keep an eye on how they treat our jewel, since to check its purity gold is scratched with a basalt stone, to which an acid is added that shows its quality. However, sometimes the test is done on the piece directly, leaving a burn.