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If you have damaged gold jewelry lying in your closet that you have no more use for then it is best to make an investment out of this by selling it. The price of gold has been higher than it has been in the last 20 years. Cash for gold is becoming a very common practice. Now, many of you may be wondering how to go about this entire process when you are not even very familiar with the gold prices. Here are a few tips to help you. Gold jewelry comes in a variety of different forms. The most common forms are earrings, chains, bracelets and rings. It is advisable to avoid selling these for scrap as the retail value is much higher than the scrap value. If you are scraping your jewelry that means that the buyer is only paying you for the metal. On the other hand if you are selling the gold then the aesthetic value of the gold is also taken into consideration. Therefore, you will get a much higher price. There are a few other factors that are also considered. The craftsmanship that went into making the jewelry plays a hugs role in getting you a good price for your gold. There are some buyers who will even pay you a higher amount if the gold item you are selling is an antique. When you do decide to sell gold it is essential that you find the right buyer for it. There are plenty of gold buyers that would be willing to buy your jewelry but, you need to be sure that you are going to get the right value for it. Here are a few tips to make your task easier: • The first step to finding a good place to sell your jewelry is to ask for recommendations. Surely, you must be having family, friends, and, co-workers who have sold their gold before, asking them for recommendations is not a bad idea. Selling gold is not an uncommon practice so; you do not need to hesitate in asking them for suggestions. • If you are unable to find any good buyers through this method, then you could make use of the internet. Here you will find many buyers that have their own personal websites that advertise their services. By just browsing through their web page you can gather a lot of information about the buyer. You could also look up the newspaper or the Yellow Pages. You may just find advertisements of gold buyers in there. • Once you have done your research, make a list of the few buyers you would like to use for your transaction. Make the effort and visit the buyers personally. Get a price quote from each one for the amount of gold you want to sell. This will help to make your decision much easier. Ensure that you do not opt for the first shop you come across. I am most certain you do not want to be cheated. If you are looking for reliable buyers you can contact Manhattan Buyers. Manhattan Buyers are licensed buyers of gold. If you want to try the “cash for gold” concept, then they are the best choice. You can sell gold here knowing that you are getting the correct price for it.
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