Do you need cash? Do you have any gold jewellery you no longer need? You can sell that gold jewellery to local gold buyers Brisbane. Okay, we see you heading out the door; WAIT! There is more. Before selling your gold, first, determine the gold purity.
Great, why? You do not want to waste your time selling gold plated items as gold dealers buy gold or gold-filled items. Gold-plated jewellery has no value. Mm, now you tell me, how do I do that? You start right here.
LOOK FOR A HALLMARK
To check a ring, you will find the hallmark on the inside of the band. For necklaces, you find it near the clasp. The hallmark can be a stamp showing 18k or other markings indicating that it has pure gold in it.
On the other hand, you may find it has a GF (Gold Filled) or HGP (Heavy Gold Plate) showing that the jewellery piece is gold-plated. Still, this is only one indicator to use for authenticity. Great, but I do not see anything. So does this mean my jewellery is not gold?
Don’t stress; there are other steps to test gold before selling gold jewellery to a gold dealer.
OTHER GOLD TESTING METHODS
So, there is no marking, but it does not mean you do not have a piece of gold jewellery. The likeliness is that it might have worn off with age. The next best thing is to turn on a lamp. Take the piece close to the light.
Rotate the jewellery in your hand to examine the edge of the ring. If the metal appears faded or worn away, it is not a pure gold ring. At the same time, you can check for red or white spots on the piece under the light.
These spots show the gold plating is worn off, and it is starting to show the metal underneath. Lastly, if you have a magnet lying around, it can also help to test jewellery for gold purity. Take the magnet over the piece and lower it to touch the surface.
If the magnet draws downwards to the item is not pure gold, but if it does not respond to the magnet, you have gold. Wow, that’s fantastic news.
NOW, YOU’RE READY TO SELL YOUR JEWELLERY TO GOLD BUYERS IN BRISBANE
Now, you can sell your gold for cash. Instead of storing your precious metals, you can find individuals or businesses like gold dealers more than willing to take them off your hands. Whether you have a gold necklace, engagement ring, or other jewellery, a gold dealer wants your gold.
The best part is they pay you for it. The buyback price for gold jewellery is reasonably high, and you can get a great deal when you scrap jewellery. So, look at gold buyers’ websites online to see the average price of gold per gram based on what karat gold you have to give you an expectation of what you can expect to be paid.
So, what are you waiting for! Get online start looking for gold jewellery buyers near you. The benefit is you can use the money for unforeseen expenses or invest it.