subject: Gold Refiners for Selling Gold [print this page] Gold Refiners for Selling Gold Gold Refiners for Selling Gold
gold refiners are those people who purchase scrap or old gold and sell them. When people want to sell gold, it is a good idea to search for gold refineries who buy gold from them. Gold refiners buy gold from you after weighing the same carefully.
Gold refiners run a Gold Refinery which essentially cleans and purifies gold. To do this, the purchased gold is cleaned of dirt. Any stones are separated. After this, the gold is melted. It is easier to separate metals when they change into their liquid form. Also, by melting gold, the refiner is able to weigh the actual amount of gold in old pieces of jewelry. It must be remembered that gold is mixed with silver or copper to make it strong enough for practical purposes. Refining separates impurities from gold and makes it possible to extract pure gold.
Gold refiners are your best possible bet when it comes to selling gold jewelry. This is because gold refiners buy all kinds of items made of gold, like gold fillings, gold coins, gold bullions and so on. They even buy gold wirings and computer parts that contain gold. Thus, sellers may sell all sorts of items to gold refiners.
Selling gold to gold refiners is simple.
- First, weigh the item carefully. Knowing the weight of an item allows you to judge the buyer's honesty at the time of selling.
- Keep a close watch on the price of gold. Gold prices are always fluctuating. Therefore, it is necessary to know the price of gold as on the day you are selling, to get maximum profits.
- When identifying the right buyers, most people tend to go for local refiners. You can easily find one using the local telephone directory. However, if you want to earn maximum money from your sale, it is better to explore the option of online selling. There are many refineries buying gold online.
- Once you have chosen the refiners you want to do business with, ask them for a quote. It is prudent to collect a number of quotes from different gold refiners. Inform them about the exact weight of the jewelry you want to sell so they can give you an approximate cost. When you are selling to online gold refiners, you can easily compare costs without leaving your home. Some refiners even provide the facility of procuring the gold from you under insurance.
Once you are very clear about the prices you receive from different gold refiners and the correct weight of gold, you can then make the right selling decision.
