Most people have probably seen the TV commercials and newspaper ads promising cash for gold
. Many individuals are wondering if they can really turn the broken jewelry, old watches and other items cluttering their jewelry drawer into cash.
The answer to these questions is yes, if a certified buyer can verify that the items are gold they can pay you cash for them. The amount of cash will depend on the amount of gold, the purity and quality of the gold and the price of gold.
Something to be aware of is that you won't get the per ounce gold price that you see listed in the newspaper. Instead you will get a lesser amount of money but this can still translate into several hundred or several thousand dollars more depending on how much gold you have.
Another thing that you should realize that gold isn't the only precious metal fetching a good price these days. Silver and platinum jewelry is selling for a really good price and so are diamonds. This means that any old jewelry you have could be worth money.
How to Get the Most Cash for Gold
The way to get the most cash for gold and other precious metals is to locate an experienced and reputable jeweler that specializes in buying gold. Most of the mail-in companies are not experienced or reputable jewelers they are simply cashing in on the high price of gold.
Pawn shops and other businesses in your area could buy gold but they often charge the lowest price possible for gold. The best way to get the highest price for gold is through a jeweler that is also a licensed gold trader.
Gold Cash is a family owned New York gold and jewelry buyer that has been in the gold buying business for 75 years. Gold Cash guarantees that they will pay the best prices for gold and will send back any jewelry if the customer is dissatisfied with the price.
Gold Cash will pay cash for Gold within 24 hours of receiving gold. Unlike some companies Gold Cash will pay you directly via Paypal or Direct Deposit so you will get your money fast.