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selling gold jewelry?
a person wants to buy my jewelry for x amount of dollar, he said he also could then sell it to a refinery or other company and make alot of profit. I should just sell it to the refinery or other company then, but do you any company that would buy it for more money?
3 Answers
- Anonymous1 decade agoFavorite Answer
You need to check what gold is selling for these days. It changes every day. You will never "make a lot of profit". You will get what gold is currently selling for. No more, but possibly less. Any jewelry store will probably buy it from you, or they can send you in the right direction. Before you can find out how much you will get for it, they will need to determine what's called the "pennyweight". It varies depending on the purity of your gold- 10K, 14K, 18K, 22K, 24K, with 24K being the purest. Good luck.
Source(s): My husband is a jeweler with 15+ years experience. - Anonymous1 decade ago
If you want to sell it to a refiner, there are a bunch of them out there. This calculator can help you estimate how much you get can when you sell directly to a refiner: http://www.goldintomoney.com/calculator
- 1 decade ago
I would try this company. Once you submit your information they will send you a catalogue with their prices.