9ct Gold Price £12.75 |
Call FREE on 0808 9000 881
9ct Gold Price £12.75 |
Call FREE on 0808 9000 881
Selling one's scrap gold is one of the hottest new ways to make a little extra money on the side. Broken necklaces, out-of-fashion rings, mismatched earrings and other jewellery can be quickly turned into a little mad money when you do a little research into how to establish the value of your gold. Once you know the best way to determine the value of your scrap gold, you can use this knowledge to ensure you're getting the most money for your items and can't be taken advantage of.
One of the first things you can do is check the gold content of your items, which is fairly simple and can usually be done right at
home. Almost all gold is stamped with special maker's marks that will either be straightforward - 10k for 10 karat, for instance - or a symbol, abbreviation, or initials that can be researched quickly on the internet. Once you separate your items into their respective karat contents, there are also many charts that will help you get an idea of what you can expect to get for each type. Generally, the higher the karat content the more the money you can expect to get for that item.
If you are in doubt that your items are true gold (items will sometimes have gold marks fraudulently applied to them) you can
send them into an internet gold buying website, who will then use a series of professional chemical tests to determine if your gold is genuine. If they are not true gold, they'll usually be returned to you, depending on the site's individual policies.
Safer than walking around town with a bag full of valuables, shipping your scrap gold in an insured envelope to a trusted online scrap gold buyer is the easiest, fastest way to turn your junk jewellery into cash. Once your items have been tested and weighed, you'll be presented with a quote for how much your scrap gold is worth by email, letter, or phone. If you agree to the quote, the company will typically mail you a check, which you can use for bills, travel, or anything else you desire. The time it takes the check to be issued and arrive can vary, but some internet sites offer an "expedited" upgrade that you can purchase to get your reward even faster. Be sure to read the policies and procedures on the scrap gold buying site of your choice to ensure it is the best choice for your needs.
Selling your gold is a very rewarding process, and one that can be extremely lucrative with the high prices of gold currently on the market - many first-time scrap gold sellers are pleasantly surprised at how much they receive for very little gold. All of the broken jewellery and chains that have been tangling with your unbroken items can be cleared out and garner you a little extra pocket change besides. Consider this: you can even use your scrap gold windfall to buy new jewellery as replacements for the broken bits!
In the past few years, we have seen the prices of gold rocket to their highest in over 30 years. Anyone who has any gold they do not use would do well to dispose of it now and take advantage of the sky high prices they could receive for their scrap gold.
Whether you need extra cash for a special occasion or to help you with the bills, or you just want to get the most money for your gold, Cash 4 My Gold can help you turn your scrap gold into an instant cash fix.
The amount of money you will receive for your gold will depend on the weight and the carat of your gold. When you send multiple items of gold to us, we will value each piece separately, so you will get the best price per item. At Cash 4 My Gold, we always endeavour to offer the best possible prices for the gold you send us and we never knowingly undersell, so you will get a good deal on your scrap gold when you sell to us.
Sending your scrap gold to us will cost you absolutely nothing. We pay all of the shipping charges when you send scrap gold to us and if you are not happy with our valuation and wish to receive your gold back, we will also cover the cost of that.
The only time when we will request any money from a customer is if they send us items which are, in fact not gold at all. This means that you have absolutely nothing to lose when sending your gold to us, as it won’t cost you a penny and you are under no obligation whatsoever to accept our offer.
Many people worry about sending high value gold items through the post, but when you send items in a Cash 4 My Gold bag, you goods are insured to the value of £500. If you are sending gold worth more than £500 then just get in touch with us and we will send you more bags to ensure you are covered.
No doubt you have seen adverts and flyers nearly everywhere offering to give you cash for your old gold or jewellery. Because gold is so precious and rare, with it being estimated that all of the gold that has ever been mined would be able to be stored in a cube with 20 metre corners, and the fact that the price of gold has been rising dramatically with the global economic crisis, selling scrap gold for cash as well as gold jewellery recycling has grown into a multi-billion pound per year industry.
Scrap Gold Recycling Companies
With so many people in need of cash and gold prices high, many people have decided to take advantage of this by selling their gold jewellery to scrap gold recycling companies, who will then melt the gold down to be resold and used for other purposes. Most commonly the gold will be either made into bars or coins, or made into new pieces of jewellery or even sold for industrial purposes. These companies will take your gold and give you cash for it.
Controversy
However, controversy has surrounded these scrap gold companies, because many of them have attempted to take advantage of their customers by only offering to give them a small fraction of what the scrap gold is worth. There has also been controversy surrounding these companies because ownership of the scrap gold they purchase isn’t verified, and many companies are thought to be purchasing stolen property. Several companies that will purchase scrap gold are also under investigation for various forms of criminal misconduct, such as funding terrorists, money laundering schemes, and also security fraud.
Despite these criticisms, selling scrap gold to these companies is still very popular because there are several companies that do offer fair prices and a good customer service.
What Exactly is Scrap Gold?
Scrap gold is considered to be anything that is made of gold or includes gold in the manufacturing process. Most people think scrap gold is just bent or broken jewellery or chains and bracelets that have become tangled and cannot be untangled, but it’s not just that. In fact, even computers and mobile phones contain pieces of scrap gold!
If you want to exchange your gold for cash, why not contact us? We are an honest scrap gold company and will offer you a fair price for all of your unwanted gold.
Cash4MyGold was created as part of TGS Pawnbrokers. TGS pawnbrokers has over 20 years of high street presence and now has 14 retail stores in the London.
