Selling Gold

Looking to sell gold? Selling gold is easier than ever because of the abundance of gold buyers. However, many of these gold buyers who advertise to purchase your gold don't usually pay you top dollar.

Many of these gold buyers have to pay for their advertising one way or another, which is why you're probably not getting the most for your gold. Here's some useful information you should know before you sell your gold. There are three main ways gold buyers will calculate the weight of your gold: DWTs, ounces, and grams.

1. Pennyweight (abbreviated dwt) is a unit mass equivalent to 1/20 troy ounce or approximately 1.555 grams. Many buyers will weigh your gold in pennyweights.
2. A second method is troy ounces. There are 20 penny weights (dwt) in a troy ounce.
3. Finally, the third method of measurement is the use of grams. There are 30 grams in a troy ounce.

Now, let's get more specific. Take 14kt gold for example: 14kt gold's numeric gold make-up is 585 or 58.5% of pure gold. If gold is $1000/ounce, then the full value of your 14kt is (1000 x 58.5%) / grams or dwt's. So at $1000 gold, the full value of 14kt is $585 per ounce, $29.25 per dwt, and 19.5 per gram.
Keep in mind no one will pay 58.5% for your 14kt, unless they are going to resell your gold jewelry. You are more likely to get closer to 50% for 14kt. This is really just a guide so you can figure how close someone is willing to work with you. If at $1000 gold someone offers you $10 per dwt for your gold, you know not to take it. For reference, 10kt gold = 41.7% / 14kt = 58.5% / 18kt= 75%. If you have any questions or concerns, please feel free to message us.

How To Sell Gold

Are you wondering how to sell gold? Then look no further, selling gold has never been easier. Your local jeweler is the best place to sell your unwanted gold. Never send gold to some company in the mail. Mail in gold companies typically pay half of what your local jewelry will pay for your gold. When looking to sell broken gold or broken gold jewelry, get three opinions before selling. Some of the best gold buyers in your area will be well established, family owned and operated retailers. Selling unwanted gold jewelry has never been easier than the present. Gold buyers are on every corner, but not all are honest. Maximize what you get for your gold today. Gold is very high at $1130 an ounce today. Get more for the 14kt gold jewelry you want to sell, and more for your 18kt gold jewelry today! Your gold is worth more than you think. Nice gold jewelry that can be resold should bring you more than the gold weight. Gold jewelry for designers should bring you more than the gold weight. Gold buyers that only pay you for the gold weight are not paying you enough. Visit a jeweler that will resell the nice pieces of gold jewelry you have. If you are not the shopping type. Call a few jewelers in your area and ask them what they are paying for gold. The jeweler that gives you the most information about what your gold is worth is the one you should visit. Gold buyers that tell you, you need to bring in your gold for a price are the ones to avoid.

Selling Gold in the South Florida Region

Selling gold in Florida can be easy. Raymond Lee Jewelers pays the most for your unwanted scrap gold or gold jewelry in Boca Raton. Do not send your gold in the mail to some company, you will not receive the money value you wished for. Who knows what you’ll get for your unwanted gold when sending it away. Come see a jewelry store near you and speak to knowledgeable staff in person who are willing to provide you with details and offer the most for your values. What better place to sell scrap jewelry than Raymond Lee Jewelers in Boca Raton, FL. Undoubtedly, today's value of gold is very high. As of April 1st, 2010 gold is trading for $1125 per ounce. Sell your unwanted gold in Boca Raton today and receive a lot of money. If you are located anywhere in South Florida and have gold to sell, Raymond Lee Jewelers will be your primary buyer for unwanted scrap or gold jewelry. Raymond Lee Jewelers is fully staffed with buyers that can help you, and provide you with any information you may wish to inquire about. Make the process of selling scrap gold a pleasant experience, so come by at Raymond Lee Jewelers. Located in Palms Plaza behind the Olive Garden, our address is 22191 Powerline Rd Suite 12B, Boca Raton, Florida 33433. Call us at 561-750-7808. Raymond Lee Jewelers is located in the same shopping center as The Kosher Marketplace, Dorjon, Olive Garden, Party City, Tropical Smoothie, Boca Pharmacy and many more.