2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Sometimes a person finds himself in a difficult situation, and does not know where to intercept money before salary. Some borrow from friends and acquaintances, others use credit cards and microloans. But there is another way to improve your financial situation - to sell gold jewelry.
Almost every home has old jewelry made of precious metals - bent earrings and brooches, broken chains, bracelets with a faulty lock, etc. And they will help you get money quickly, because gold is always expensive.
In different places for a gram of precious metal offer a different price. Where is the best place to sell gold? It all depends on whether the seller wants to buy back his jewelry later, and on the value of the items being sold.
Pawnshop
It is worth handing over gold to a pawnshop only if a subsequent redemption of the items is planned. This is because the lowest price is usually offered here. In pawnshops, the average price per gram of gold will be slightly higherhalf the price of the Central Bank. That is, if the official reports say that the sale of one gram of gold is carried out for 2400 rubles, then in a pawnshop the precious metal can be sold for 1200-1400 rubles.
If the product is finally sold, without redemption, then you should look for more profitable options where to hand over the gold. The final choice of the place of sale will depend on the value of the jewelry and how quickly it needs to be sold.
Buyup
Buying precious metals is a good option to get rid of scrap jewelry. Prices here are 30-50% higher than in a pawnshop, while they accept products without tags and samples. The buyer conducts an analysis on site and gives a conclusion on the composition of the alloy.
Gold scrap in purchases is accepted starting from 375 samples and higher: the purer the metal, the more expensive the price.
However, none of the outlets will buy nuggets, sand, gold technical parts, wire, or denture parts.
Don't bring jewelry with precious stones to the buyer. Almost no one wants to get involved with them, since they do not have their own stone appraisers. So the product will be accepted only by the weight of the metal, and the stone can either be donated or removed from the jewelry before selling.
Consignment shop
Where to sell gold expensive? If the jewelry is intact and has no defects, then it can be sold through a thrift store. The price here will be higher due to the fact that not only the weight of the product is evaluated, but also its artistic value.
Minusthis method of implementation is that the money here can be obtained only after the sale. In addition, the store takes a 20-30% commission on the transaction amount. But, despite this, in certain cases, when the jewelry is very beautiful and may be of interest to a potential buyer, it is more profitable to sell gold through a commission.
Before you take the product to the store for sale, you need to clean it well. It is also desirable to have all the documents - tags and certificates of authenticity from the jewelry store.
Banks
The best option, where to hand over gold is expensive, is to take it to the bank. Today, in the Central Bank of the Russian Federation, the gold rate is 2500.18 per gram. Sberbank buys precious metal for 2332 rubles. per gram. And if we are talking about the sale of ingots that do not have artistic value, then this is the most profitable option.
However, there are some nuances here. For example, not a single bank buys scrap jewelry. These organizations accept from the public only ingots and coins purchased from them. Or in other banks.
At the same time, when selling, the seller will have to pay VAT - 18% of the transaction amount, which significantly reduces the attractiveness of this option. Only bars are taxed, while coins can be exchanged for rubles without restrictions.
Also, banks are buying collectible coins. But only if they are in perfect condition, that is, packed in a special plastic envelope and without a single scratch. If there are defects on the collectible coin, then it will be accepted by weight, without taking into accountartistic value and rarity of the copy.
Collectors & Online Stores
There are other options where to donate gold. In the event that the product has artistic and historical value, you can try to sell it to collectors. Today, many people collect antique jewelry and other items made from precious metals. At the same time, not only noble earrings, rings and necklaces are valued, but also things from the times of the USSR. In Soviet times, good jewelry was made, besides, they were of high quality, made according to GOST and from pure alloy, without unnecessary impurities.
If the thing does not have a rich history, but has a certain artistic value, then you can sell it in various online stores.
The disadvantages of these two options are the same. In both cases, you will have to look for potential buyers through the Web, on specialized resources. That is, you will have to spend a lot of time and, possibly, money, since on the sites of collectors and on other sites, ads for sale are paid. And in both cases, there is a very high risk of running into scammers.
Exchange and smelting
There is another place where you can turn in scrap gold. It will be accepted with pleasure in almost any jewelry store for the exchange service. This service is available in many jewelry chains: the buyer exchanges old gold for new gold with an additional charge. This is a good way to get rid of broken jewelry and get something stylish and beautiful in return.
Another similar option where to donate gold isremelting. Today, this service is rarely used, as there are many other ways to sell the precious metal. But he has the right to life.
The essence of it is that all unnecessary products are sent to the jeweler, where he melts them down and makes something new on an individual order.
The disadvantage of this method is that you can turn to a dishonest master who will cheat with weight or reduce the sample by adding impurities.
How to take gold to a pawnshop
Despite the fact that pawnshops have the lowest cost of gold, they are extremely in demand. And usually to the question of where to hand over the gold, there is only one answer - to the pawnshop. This is due to the fact that they are within walking distance everywhere, and the seller has the opportunity to redeem their jewelry.
In order to sell precious metal in a pawnshop, you need to remember a few rules:
- Must be of legal age and have a passport to sell.
- Gold should be yours. Otherwise, selling it is considered a criminal offense.
- Native gold cannot be sold - it threatens criminal prosecution for both the seller and the buyer.
- A contract is signed at the final sale. When leaving a precious metal as a pledge, a Pledge ticket must be issued. This is an official document that spells out all the conditions for a loan and a refund.
- It should be remembered that pawnshops have high interest rates - 15-30% per month. So before you leave something as a pledge, you need to correctly assess your own financial capabilities.
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