Have you ever taken a look at your gold jewelry and wondered about cashing out the asset value of some of your pieces? If not, maybe it’s time to do so and clean out your drawer for some cash in your pocket, especially if you’re not wearing some of those items anymore. If you bought your gold jewelry years ago, chances are good that it’s worth more now due to the fact that gold has shot up in price in the last couple of years. So why not take that broken necklace or bracelet out of the drawer and get some money out of it? We Buy Gold Los Angeles and are happy to evaluate and appraise everything brought in to us.
Your gold jewelry has a certain percentage of gold in it, ranging from 8k to 22k, although 22k is not all that common. Chances are, your gold is made with 14k gold, which means it is 14 parts gold and 10 parts alloy. When you bring your gold in for appraisal, the amount offered is based on how many karats are in the gold. What this means for you is that the spot price of gold is not what We Buy Gold in Los Angeles for. The piece is weighed, the amount of actual gold content is determined and a purchase price is tendered to you based on these calculations. Every effort is made to come up with a fair price for what you want to sell.
If it winds up that you are not interested in selling your items, but need some cash, consider taking out a loan against them instead. It’s an option to temporarily exploit the cash value of your items in order to take care of an urgent bill. You then pay off the loan over a set period of time and get your pieces back once the final payment is made. What you ultimately decide to do is up to you. There is never any pressure to do anything you don’t want to do.
For more information about selling or pawning your gold jewelry, Click Here to go to the website. There you will find all of the answers to any questions you have.
