Any item that you 'sell' brings money in return and the amount received can be substantial if this item is a precious metal like gold. As the price of the yellow metal has started climbing again, a number of people in Canada are selling their gold jewellery to make a little extra money. However, at times it is natural to have conflicting thoughts in your mind about the sale of certain gold ornaments – should you really sell them or not?
Gold may be alloyed with other metals such as silver, copper, zinc or silicon to produce purities less than 24 carat. Silver and copper and most commonly used alloying elements for gold. Pure gold is too soft to be able to be used for jewellery. The metal chosen as an alloying element my influence properties such as workability and colour of the resultant gold alloy.
The purity of the gold is 'marked' onto jewellery by stamping or laser engraving. This acts a quality control stamp. Often this is done after the alloy is tested by a qualified testing laboratory or facility. Depending on which country the gold is produced, the caratage or fineness may be stamped into the item of jewellery. Remember, when the items are checked for weight, they have to be segregated by purity. For instance an 18K ornament cannot be weighed together with a 9K gold piece. The price per gram weight of 18K gold will be higher than that for 9K gold. While the karat markings are reliable for most of the gold items bought and sold in Canada, there are some standard tests to determine the purity levels. These are also used for things like old gold coins, nuggets, wires and dental gold that do not have karat stamps.
A reputed cash for gold company provides convenient ways to ascertain the value of your precious blinge. You can sell them online from home by ordering an insured shipping kit or by visiting a sales event organized by the company. An enjoyable alternative that is now becoming popular in Montreal and some other Canadian cities is that of organizing a 'gold party' at your home – the representatives of the gold buying company come to your place to buy the items directly and you can invite all your friends who too may want to make some money out of unusable gold items. The best part is that these companies provide a professional and expert guidance for all the process and make it a complete breeze. Get to know the scrap gold prices to make a right decision.
Source : articlesbase.com
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