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5 Helpful Tips for Selling Your Old Gold Jewellery

If you have gold collections and want to upgrade them with something trendy, you can consider selling your old gold jewellery. Instead of repairing the damaged parts, it’s easy to get new items. You may think it’s a bit struggling to find the correct value of your old gold, but you should know that the value for gold never gets old.

This article will give you some helpful tips to sell your old gold jewelry at the best price.

Calculate What You Have: First, you should know what you have in your collection. You must measure the entire piece, including the gems in it. The gold jewellery piece has its value with the gems and gold condition. Consider measuring the jewellery and calculate what you have.

You can take help from an expert or get online help to calculate the gold’s value. After that, it will become easy and convenient for you to set the price.

Be realistic: You shouldn’t set the price for something extraordinary or out of the box for old gold jewellery. As the gold items are antique in design, they may not attract customers much, but you will get the correct value for the gold.

When setting the price, consider knowing the gold condition if it’s good maintenance. If the gold is damaged or spoiled somehow, you shouldn’t set the price more than it deserves. Also, try not to disvalue your items because they become old. Set the price accordingly that reaches potential customer attention.

Find the Right Platform: You must find the right place to sell jewellery in Melbourne. You can either choose it online, pawnshop, or in-store. Online selling options are vast and more convenient. In the case of pawnshops and local stores, you have to shop around and evaluate which one offers you the best price.

And for the online selling option, you need to visit different sites to get a reliable one. Therefore, make your decision considering the suitable condition and terms.

Pick the Right Buyer: It’s also necessary to know the details of the gold buyer. You may also face scams or frauds because the gold market is vast and confusing when you deal with the item for the first time.

Therefore, make sure the buyer or dealer is reliable and has an excellent reputation in buying gold. Also, don’t forget to bargain for the right price. If you don’t get any, don’t lose hope but find the right place and buyer.

Know the Current Market Value for Gold: Before finalizing the selling of your old gold items, make sure you know the current gold value. It’s necessary, because this, you can speak for your rights to get the accurate price. 

You can also wait to sell the gold when the gold market is comparatively higher than the last time. It can bring you more advantages when selling old jewellery items. Make sure you don’t get caught by the scams.

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