One of the things you should look for in a gold buyer is to be sure they educate you on the entire process. There should be no pressure, and whether or not you sell your item to a gold buyer, you should leave educated as to the value you expect or what you have.
And when it comes down to sentimental value and parting with something that has been precious to you for a long time, it is important to know the value and get as much as you possible can for it. This helps you make the most educated decision. Further, if you are not ready, do not sell! There is absolutely no pressure to sell your items and it should be done when you are good and ready. As all of the prices offered by gold buyers change with the prevailing price of precious metals change, the offer should remain good for at least a week or so as long as prices have not jumped one way or the other.
We Love Helping People Understand what they have.
When evaluating your items it must be determined what kind of precious metals they are composed of. Then the purity is evaluated as it is one of the fundamental items that determine the value of the jewelry. The higher the purity, or the karat, the higher the value of the precious metal in the piece. 18K gold is 75% gold and has a higher payout than 10K gold at 41.7% gold as an example.
And then it comes down to the potential resale of your item – is it something that will be recycled or resold? This impacts the offer as well – as resellable items should bring more cash than items that will just be recycled. Don’t let that sway you though – even the worst condition gold will likely bring a lot more value than you realize, especially when dealing with a trusted gold buyer.