When selling jewellery, you want to make sure you get the true value that your necklaces, bracelets and the like hold. With numerous websites and shops offering to buy old gold and jewellery, it’s difficult to know where to start.
As well as deciding where to sell it, you want to know if you are selling it at the right time, with the value of the likes of gold constantly fluctuating. Will the value increase in a few months? Should you wait?
With that in mind, the Post My Gold team have put together some top tips for deciding where to sell old jewellery and how to find the best time to sell.
When we talk about buying or selling something, there is a term called spot value, or spot price. This is the value of your gold at the present time. The future price may be more or less than the spot price; financial experts are always trying to determine if the price of something will increase or decrease over time.
Gold is a universal currency, as it is valuable all over the world. You are able to check the spot price of gold on a daily basis and look at the various fluctuations in the market.
If you’re selling gold and jewellery, it’s important to have a look at the spot price to see what the current rate is. However, while the predictions may show an increase in gold or jewellery, this is not a guarantee.
If you ever need extra money, whether it’s for a holiday or to help you until the next pay day, selling old jewellery is an excellent way to make some extra cash. If you spend hours looking at the price of gold and the fluctuations, though, you may never end up selling it. Be smart and check the spot value, but don’t keep it forever in hope of a higher price.
Selling jewellery from home is becoming more and more popular, as you don’t need to visit lots of jewellers and get quoted different prices. Look at the spot price and send off your valuables to a reputable cash for gold company. Selling jewellery online is both fast and efficient, as the money will be paid via bank transfer.
Choosing Post My Gold to sell your jewellery means you’ll be sent a free package to return your goods to us, fully insured. We value your items and will transfer the money to your account within 24 hours. If you decide not to take the offer, we’ll return your valubles at no extra cost.