Before you plan to sell your gold, silver, platinum jewellery, follow these tips to make sure what you get back in cash is worth parting with the jewellery that often represents cherished memories.
Carefully evaluate every piece of jewellery that you are planning to sell. Most pieces of gold jewellery have some emotional value. Make sure that emotional value does not out weigh the price that you will receive. Ideally you can consider to sell broken items, earrings with a missing pair, or outdated items, broken silver pots, damaged kuthuvilakku, etc., which has no emotional meaning.
Have antique or intricate Jewellery appraised before selling it to a buyer that pays by weight. Designer or antique Jewellery could be worth more to sell as a finished piece than for its gold metal.
Keep up with the prices of gold at Coimbatore market price. The price listed will NOT be the price you will get for your Jewellery. The price on Coimbatore market price will simply give you a reference point when comparing multiple offers.
For most people, selling gold jewellery, silver utensils, platinum ornaments will not make you rich. It might, however, put some extra money in your pocket. Remember that you will only get paid for the amount of gold in your jewellery, minus charges for refining.
Gold jewellery is rarely made from pure gold in India. Most jewellery in the United States are 10-, 14- or 18-karat gold that is comprised of gold and other alloys. In India, the purity will be 18-karat or 22-karat gold. When selling your gold, you will only get paid for the parts that are pure gold only. Ensure it is a BIS Hallmarked jewellery.
Check that the business has a license to buy gold jewellery in your state. To ensure a company is reputable, see the companies profile which has any customer ranking at classifieds, directories, customer reviews and other social media, having to do with buying or selling gold jewellery check whether the shop is located at secured main area for safety purpose.
Get bids from multiple companies before you settle on a buyer. The offers you receive may vary significantly depending on where you sell it.