Selling your gold for scrap, jewellery mainly directly depends on what you have for sale. If the gold is the form of an antique or any other traditional type of thing, you would be largely at advantage but the issue here would be how to adjust the whole thing in a small envelope. If you have a lot of unused, unwanted and unnecessary gold, then selling gold for scrap is the best alternative one can think of.
To conduct such type of gold exchange, one needs to approach the companies that specialize in such type dealings, and may require huge proportions to do so. However if ones scrap gold includes damaged jewellery, undesired earrings, dentures and even golden teeth then one may have a lot of options to consider.
The emergence of more companies into this comparatively fresh scrap gold buying industry is indeed a theoretical benefit for the seller, assuming the companies are recognized and willing to compete on the value. The spamming TV commercials too have resulted in a positive awareness of the value of gold among the people, consequently making them doubt it even more.
Briefly, you'll need to split the gold as per their purity I.e.9ct, 18ct, 24ct, etc. and weigh each group separately. Most jewellery sold in the UK is hallmarked someplace discreet, thus, one must always check for a hallmark, otherwise one can always buy costly gold testing kits. But you wouldn't want to take chances and rather spend on accurate and expensive kits in order to save money on gold. But nowadays companies that sell gold jewellery in UK and other countries often hallmark their gold.
But before you sell gold jewellery to a company flashing the most reliable celebrity/mascot or the one with a comparatively better seeming offer, make sure you yourself estimate the value of your scrap gold. This gives you the confidence to bargain if you disagree with the gold buyers' initial offer. Most postal gold exchange companies will not give you the exact figure they grant apart from the highest returns claims and assurances. Always be ready to bargain as many a times the initial value is not the highest possible one they mention to pay, it's a business after all. If you're not comfortable bargaining or haggling, it's wise to invest in the companies that have the prices mentioned on their website or the ones that give you a verbal quotation prior your deal. Some websites like TGCgold.com have become one of the most successful and trusted resources to sell gold in UK.
Or you can always get the evaluation from the local jeweller who, in some cases, may offer to buy your gold.
