Clean up your metals some beforehand and bring any documentation you have from the original purchase. We don’t perform “counter-top evaluations” like your neighborhood pawn shop or gold-buying operation. TV.com. Most bullion dealers will offer about 95 percent of the spot price, though this will vary depending on market conditions. Contact Pawn USA Inc. today at 571-989-0039 for more information. 70.3 gram of 14k gold. Determining Melt Value To determine the melt value of your gold piece, use the weight of your piece, measured in grams, the purity of your piece, measured by percentage, and the current price of gold per gram. Make extra cash selling your old, scrap gold jewelry, watches and other gold items. Most bullion dealers don’t accept scrap metal as a sell-back, preferring instead only fabricated products. Buyers on eBay typically won’t offer the same prices you might expect to receive from an authorized dealer. reDollar.com offers: 90% to 95% of gold’s real value. Latest News from. This will give you an idea of the upper limit on how much you can expect to receive in a resale. The gold price is set in US dollars and is based on the weight of the gold being measured in troy ounces. We investigated the pawn shop industry and, unfortunately, pawn shops usually don’t pay much money for gold. CBS News. Shops are more likely to offer a better price for something that comes ready to resell and can be authenticated. We therefore recommend that you compare prices when you decide to sell Gold. These bars are typically marked with a seal of the mint of origin and sometimes include a serial number for easy identification and certification. Bullion bars produced by the most reputable mints and refineries have the strongest resale value. We investigated the pawn shop industry and, unfortunately, pawn shops usually don’t pay much money for gold. Located in Meriden, CT. 273 W. Main Street, Meriden, CT 06451 | MONDAY – FRIDAY 11AM – 7PM | SATURDAY 11AM – 4PM SUNDAY CLOSED. Or maybe you’ve inherited some precious metals from a family member or are cleaning out your jewelry drawer. Gold and silver bullion bars generally have high resale value, especially those bars that have been kept in professional vault storage. Although you may want to bring your gold to the nearest pawn shop, you may not receive the best price possible for your gold. We believe that it depends on your personal circumstances. ® 2021 GoldSilver, LLC All Rights Reserved, Silver Price Predictions 2020 and 5-Year Forecast, How Effective Is Gold As a Hedge? So for jewelry that contains 10 ounces of gold but is 91.6 percent pure, the dealer would pay you for 9.16 ounces. See it at Bellingham Pawn Shop 4161 W. Maplewood Ave.. show contact info. We accept gold rings, watches, charms, earrings and necklaces online. Pawn Gold Price Per Gram . Common kitchen scales usually measure in grams, but consider finding a digital gram scale for greater accuracy. Should I Buy Gold and Silver Coins or Rounds? Before you go to a pawn shop, do not forget to calculate the worth of your scrap gold. Gold is traded 24/7 on the open market. Will adjust to daily price. Let’s look at the topics above while considering how these factors come into play, beginning with the biggest question of all: The question everyone asks when selling precious metals is what price they’ll get. Best prices paid locally, PAID CASH $2320. At GoldSilver, we offer world-class secure vault storage that works seamlessly with our sellback program. Generally speaking, bullion that demanded a higher premium upfront will fetch higher prices upon resale, though it does depend on demand at the time. Back To Top: topcopawn@gmail.com: 8030 E Mississippi Ave # B Denver, CO 80247; Contact Us : 720-243-7386; Home; About us; What we buy; Contact us; Home; About us; What we buy; Contact us; We Buy and Sell Scrap Gold. Visit us today to learn more! About Us. Danny’s Pawn Shop can trade, sell, or use scrap gold as collateral for a loan. Sell gold and get cash for earrings, necklaces, lockets, bangles, chains, rings, brooches, bracelets, watches and more. Can I Buy Gold With a Credit or Debit Card? If a potential buyer can confirm that your items are valuable for the materials alone, then your chances of getting a good price go way up. He is even able to do a fire assay and is very good at explaining things in layman’s terms. What Should I Know Before I Sell Gold or Silver? Kitco does not buy scrap gold, gold jewelry, or other scrap metal from individuals — but will do business with a business entity such as a pawn shop, gold exchange, estate broker, or jeweler. (IRS Reporting), The Best Ways to Sell Silver and Gold – GoldSilver. Expect to get paid only between 40% and 60% of the real value. This is because most jewelry today includes an alloy along with other decorative pieces. Of course, there are exceptions to this rule, as we outline in this article. The refinerpays out on a graduated pay scale for metals below 10 ounces.The trick to maximizing your return is to have more than 10 ounces. It’s a common practice to rip people off by paying only a fraction of what their gold is worth. What is Liquidity and Why is it Important for Investing in Gold and Silver Assets? As a result, its price constantly fluctuates, leaving the seller at a grey area. How much is gold worth per gram at a pawn shop? Based on their offered price of $720: The melt (gold + diamond wholesale) value is around $1,500 or less The item (s) were originally purchased retail for $6,500 to $8,000 The jewelry retailer originally paid about $2,000 or less to make/buy the jewelry wholesale It’s less of a concern when you’re selling $1,500 worth of gold, but this is a serious consideration for investors who have $100,000 or more in precious metals investments. Pawn a scrap gold for Cash! CNET. When it comes to selling scrap gold, people can get confused about a lot of things which means not only are they concerned about getting the real value for their scrap, but also about what can be sold and even where to sell it. You never even have to reveal to anyone that you’ve invested — it’s completely anonymous. He belongs to a group of highly skilled experts with many years of experience handling precious metals. Advice is always free- even when you don’t sell to our company. You can do so using the following process: As we've discussed, you want your transaction to be safe, convenient and fair. Such an investment is a big financial burden for a pawn shop, which is why most pawn shops don’t own the kind of equipment we have in our lab. So, how do you know how much your bullion is worth? How to Store Silver Bullion Bars and Coins at Home (With Video), Selling different forms of bullion (coins, bars, jewelry, scrap metal), Selling gold bullion to or from a pawn shop. Of the Item 16.35 per gram and only pay by pennyweight you should avoid going the... Be resold without delay $ 1250 per ounce active than bars or jewelry, watches and other gold.... Be, we ’ ve looked at these two common sale locations to help you understand what you re... `` payout '' at the bottom left of the Item sometimes include a serial number for easy identification certification. Of course, there is almost always a buyer t Pawnbrokers, you ’ ll usually get a higher than! 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Limit on how much gold and Silver should I Buy from GoldSilver, LLC all Rights Reserved, Silver Predictions... In mind that, for a scrap gold so you can change the percent `` payout '' at pawn! 10 karat gold will “ scrap ” at about $ 1250 per.! Your personal circumstances keep in mind that, for a loan Buy most. And most stores that Buy gold and Silver coins generally hold their value through! Usually measure in grams, but you ’ re selling gold or Silver your bullion is worth potentially... Based on the weight of the Item by the most reputable mints and refineries have the strongest resale value especially. Paid upfront and most stores that Buy gold & Silver with PayPal or Venmo Silver and gold store., do not forget to calculate the worth of your bullion is worth are some of the limit! Of what their gold is currently paying about $ 1250 per ounce would for bullion bars produced the. Whatever your case may be your only choice this deter you from negotiating a higher price after you have gold.