It is easy to get overwhelmed as a first time seller of gold. There are tons of different buyers all competing to get you to sell to them. This can make it quite difficult to make any decision even for full-fledged sellers. In the following article I will explain how you can figure out how much your gold is worth and how to sell it to a legitimate buyer.

When trading gold you need to understand how much gold is in the item. The way this is measured is by something called karats. The karatage of gold can range from twenty four carats, or pure gold, down to 1 karat which may only be four percent gold or less. The reasons that the amount of gold in an item can vary so much is that it is oftentimes mixed with other metals e.g., silver, nickel, zinc, and so on and so forth. They do this because it can help the piece last longer and be harder. Gold in its natural state is a extremely soft metal which can be formed and eroded away extremely quick – especially if it is utilized a lot. Almost all gold should have the karats stamped on the item somewhere.

Another important thing you have to know is how much your gold weighs or gram weight as it is recognized. The more weight your piece has, the more it is worth. You do have to take into consideration though the karats of the piece. What this means is that a thicker piece will be worth much more than a slim piece even though they have the same carat-age.

The craftsmanship and design of your gold jewelry is another matter to consider when dealing with gold. It can have a big impact on the price you acquire if you decide to sell to a jeweler or pawnshop instead of a gold refiner. There is almost no question that antique handmade jewellery is of higher quality than machine made, so you can generally get more cash for that type.

The price of your jewellery is one of the final components. As mentioned above, well crafted jewelry fetches a better price generally but if it is not valuable as determined by its craftsmanship than its gold content comes into play. If that is the case with your jewelry than you should sell to a gold refiner who will pay you based on how much gold is in your piece which you figured out earlier.

So if you adopt all of these tips, you should be able to sell gold jewellery quite easily. But naturally you invariably need to do your own inquiries into every jeweler and jewellery store. You might even consider pawnshops. That is really the only way that you can buy and sell gold jewellery safely.

Zachary writes about gold and gold related news on his site that teaches people where to sell gold jewelry and how tosell scrap gold. If you would like to learn more about the selling of gold please visit his site.