For hundreds of years, gold has been the favorite precious metal for both making beautiful and valuable jewelry and also as a store of value for the investor. While gold jewelry remains popular as a decorative art, it fails as an investment for the most part due to the large markup buyers pay. There are exceptions, but those are mostly limited to those people who can afford to have unique gold jewelry pieces designed and made, rather than the mass produced items usually seen.
EBay. Selling your jewelry on eBay has an advantage of better payouts, however it takes time to sell. If you are not in need of immediate cash, consider eBay as your selling tool to gain great profits and value for your gold.
Yellow Gold: online gold in its pure form is yellow. Yellow gold is combined with metals such as copper and zinc to reduce its price, increase durability, and tone down its yellow colour.
For example, you plan to buy 1 standard lot of gold. One troy ounce is $1,200, so 100 troy ounces will cost you $120,000. However, with a 200:1 leverage, you’ll only need $600 as a margin in your trading account to buy 1 standard lot of gold.
Now that you have an understanding of the value of your broken or unwanted Gold, how do you sell it and get the most money possible? Have you considered or even heard of online gold buyers? The online bullion by post buyers offer a simple service that allows you to mail you’re broken jewelry, unwanted miss-matched earrings or old gold necklaces directly to them for evaluation. They typically will make you an offer within a few days of receiving your gold in the mail. If you are not happy with their offer, all you have to do is request your jewelry to be returned and they will promptly do so.
People wear their jewellery differently, and there is no way to accurately predict how long your rhodium plating will last. On earrings and Necklaces it can last a very long time, because those pieces experience very little physical contact with the environment. Rings and bracelets are a different story. Constant wear on a ring can cause rhodium to rub off in as little as six months. From my experience both selling and wearing white gold jewellery, it seems that a ring will need to be re-plated roughly once every six months to two years.
King Tutankhamen, the young Egyptian monarch, was interred in a gold laden tomb around 1352 BC. An extravagant gold sarcophagus housed his remains. The tomb was discovered in 1922.
You can do better testing with a touchstone which is a black stone with a somewhat rough surface. You rub gold against the touchstone until you see a golden streak on the black surface. You drop the corresponding acid. There should be no reaction if the gold has the right karatage. If the streak fades under the drop of acid then it contains less gold than the embossed marking says.