Even with the recent drop in the price of gold, you can still get a large amount of money for your gold possessions. The value of gold has risen so much in the past few years and selling yours is a great way to get some much needed cash. The price of gold is about twice as much as it was in 2006. If you want to Sell Gold Charleston SC you might want to take your gold to a company to see what you can get for it.
Maybe you have some old jewelry laying around that you no longer use. You could even sell a gold earring that is missing its match. Ring settings that have gemstones can be a good choice to sell, because you can get extra money for the stone. Some companies even buy gold dental crowns from people. Before you Sell Gold In Charleston SC, it is a good idea to explore the gold market charts to see how much it is worth. Gold jewelry is not pure gold, but is mixed with other metals to make it hard, so you have to consider that when judging the value of your pieces. The larger the karat number the higher amount of pure gold that is mixed into the metal. For instance, 18k is higher than 14k, therefore the 18k contains more pure gold.
When you Sell Gold Charleston SC, you may also want to consider selling some of your gold coins. The value of gold coins is a great deal higher than jewelry, since they are pure 24k gold. Coins are also more sought after by collectors than is jewelry due to their higher value.
When companies buy gold jewelry, it is sometimes sent to be melted down. The gold is extracted from the other metals to produce pure 24k gold. It can then be used to make coins or gold bars which are considered investment grade gold. That is why selling your gold can bring you some decent money. Investors are always looking for things they can realize a profit on. Buying and holding gold can produce profitable results in the long run. Click here for more info.
