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Cash in With Your Scrap Gold - 10 Money Making Ideas
By Philip J Williams
In jewelry boxes across the country sits a veritable fortune in gold. In this case I am not referring to the good stuff, or the stuff that people actually wear. What I am referring to is that piece of jewelry that gets shoved aside, or placed underneath the bottom drawer.
You know the items I'm talking about; that broken chain you intended to fix, or the ring that got squashed and you never got around to taking it to the jewelers. Now that you have that new ring, it really seems pointless to spend money to fix it.
Whether you decide to repair it or not, one thing is certain. You're quite likely sitting on a gold-mine (pun intended).
Rather than let all of those old discarded gold items sit, while you procrastinate, why not take that old jewelry and turn it into cold hard cash. There are many types of scrap gold that can be sold to buyers, and it is very likely that those old earrings, those two broken watches, and that broken chain are worth more than you think.
In this article we will look at scrap gold, and how you can cash in on it!
10 Scrap Gold Ideas That You Can Cash-In On
To begin, let's look at what types of gold the scrap gold buyer wants. The truth is that buyers will be interested in anything that is made of 9kt - 24kt gold. But simply knowing that isn't enough. Scrap gold tends to turn up in the oddest places. Having a few ideas of where to look is a great way to get started.
To help you in your quest for the gold, here are ten ideas that can line your pockets with some extra cash:
- Broken gold jewelry: That squashed ring, that old tie clip, or that broken bracelet can be sold as scrap gold. Even though you intended to fix it, most people never do.
- Tangled / damaged gold chains: We've all had twisted chains that we couldn't untangle, or the one with the missing clip. They can be sold to gold buyers.
- Unwanted wedding / engagement rings: He cheated on you, the weddings off! Don't just pawn that ring. Turn it into scrap, and then tell him about it!
- Gold jewelry with missing stones: With the diamond missing, are you really likely to wear that old ring?
- Unmatched gold earrings: Very often found lurking at the bottom of jewelry boxes.
- Gold coins / sovereigns: That old gold coin, if in mint condition is worth money by itself. Poorer examples however are best sold as scrap.
- Gold bullion: Some people really do have gold bullion lying around. With gold topping record prices, there has never been a better time to sell.
- Dental gold scrap: At 14.8kt minimum (62% gold), those gold fillings you had removed are valuable. Why keep them when you can turn them into cash?
- Gold Pins/Brooches: That old brooch that you never wear, or that memorial pin that has sat there for years are both worth money.
- Gold Wire/Screen or Mesh: A common product used in jewelry making. Those odd scraps soon mount up!
How do I go about it?
After you've sorted through those old jewelry boxes, and found your scrap gold stash, turning them into cash isn't difficult at all. Most scrap gold buyers will purchase your gold by the gram. That small handful of unwanted jewelry can really add up. You can sell your gold to your local scrap gold dealer, or choose one of the online buyers. You will want to take the time to research pricing. There can be a wide variance in the amount buyers are willing to pay. With the local dealer, especially, their higher overhead may lead them to give you less for your gold.
However you choose to sell your scrap gold, one thing is certain, that old jewelry you thought was junk will be much more useful as a wad of cash in your wallet!
Gold-Traders (UK) Ltd is a leading purchaser of scrap gold and gold coins. Instant valuations are available via the online calculator and payments are normally issued within 24 hours of receipt.
Article Source: http://EzineArticles.com/?expert=Philip_J_Williams
http://EzineArticles.com/?Cash-in-With-Your-Scrap-Gold---10-Money-Making-Ideas&id=1218438
How To Turn Your Scrap Gold Jewelry into Cash
By Diane Palmer
If you are looking to make some extra money, consider gold scrap. Gold prices are up right now, and if you have any gold chains, jewelry, rings, pins or any kind of gold jewelry that you don't wear much, or are looking to part with, then sell it online.
You can walk into gold buyers and jewelry stores and sell your gold, but I have found that there is a higher profit to be made selling online. I am not sure why, maybe because the physical stores have such high overheads, or they just want to see a bigger profit, but why line their pockets?. Check out the gold scrap online.
This can be broken jewelry as well as wearable gold. Don't throw it away because the chain is broken. You could be sitting on some extra cash.
So, go through your jewelry boxes, or through your house, or your dresser, where you threw that broken gold chain. Then take a look online and see what you can get.
You could also consider buying and selling gold scrap for extra cash. Get yourself familiar with the online prices of gold and and you will be able to spot a deal right away.
This is a great way to make money on the internet without having a website, ads, or affiliates, with no cost to you, other than a listing fee.
Scour the estate sales, bazaars, garage sales, and you will be amazed how many people will have broken gold jewelry for sale for quite cheap, since it will need repairing, and they don't always realize that there is value in the gold chain itself.
So, get out there and turn your new hobby into a business and buy and sell gold scrap.
http://www.make-crafts-for-cash.com/goldscrap.html buy and sell your scrap gold jewelry or pieces online and make money. Click on the link to see the activity with scrap gold right now. This is a great hobby or small business to start. Article and website by Diane Palmer
Article Source: http://EzineArticles.com/?expert=Diane_Palmer
http://EzineArticles.com/?How-To-Turn-Your-Scrap-Gold-Jewelry-into-Cash&id=1132277