Selling Gold Rings And Other Gold For Cash

Selling gold rings online has become popular as a way to make some quick cash

. It's now safe to do, with payouts that arrive in days, not weeks. Even old, ugly, and broken rings can be sold because buyers are only interested in the precious metal content, as they intend to melt it all down anyway. When selling gold rings online, keep in mind some considerations and the experience should be a happy one for you. Be sure that you receive free insurance for your valuables, typically up to five hundred dollars. Also, check to see whether a policy exists that allows you to change your mind, even after payment has already been sent! A company that works this way is sure to have not only its own interests in mind, but at least some recognition of yours, too.

But for all the selling of gold rings that goes on online, how about the items themselves? When selling gold rings online, do you ever consider such things as their history? Not their individual histories, but the history of golden rings in general?

Most such rings are often presented for engagement purposes or worn in marriage. But what if the engagement doesn't go through, or the marriage fails? The laws regarding such cases are as interesting as they are varied.

Many jurisdictions will hold that, as conditional gifts, these rings can be demanded back upon request. Some courts do, however, make a distinction in situations where the giver, typically the man, was the one to break off the engagement or seek a divorce. Still other authorities will find that gifts given at traditional gift-giving times such as Christmas or Valentine's Day can be viewed as simple common gifts, without any reference to their stated betrothal or matrimonial purposes, and need not be returned.

Another interesting thing about gold rings is that their manner of wear can differ according culture. In Central Europe, such as Germany and Poland, a wedding ring is customarily worn on the right hand, whereas in America, Britain, and Commonwealth countries like Australia, the ring finer is found on the left hand. The left hand is so designated because traditional belief has it that a vein straight from the heart runs right through there.

Bet you never realized any of this before! Many sell rings and jewelry online purely for profit, but for those of you who find it fun, knowing this history can help make it all the more enjoyable.

by: Paul Wise

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