When people are in need of extra cash, they often start looking around the house for things to sell. However, they often overlook the scrap gold jewelry and scrap gold coins that have been sitting, untouched for years in closets and drawers. This scrap gold can literally be a gold mine in your home and a great source of quick cash.
To determine the value of scrap gold, we weigh the scrap gold jewelry and scrap gold coins as soon as we receive your Pay Day PAK. After it is weighed, the scrap jewelry and other scrap gold are tested to determine the purity of the gold. The higher the purity of the gold in scrap jewelry, the greater the value and the more you will be paid.
The purity of scrap gold jewelry is determined by the karat measurement. Pure gold is designated as 24 karat, meaning it contains 100% gold. However, this is rarely used in jewelry because it is very soft. Scrap gold jewelry that is 18k contains 75 percent pure gold, and 10k gold contains 41.67 percent pure gold. The rest of the content is other metals, such as zinc, silver or copper, which are added to strengthen the jewelry.
If you want to sell scrap jewelry without ever leaving your home, Joel's Gold Store has the perfect system. The process can be completed from home by requesting our secure return envelope on our website. When it arrives, fill it with scrap gold coins; scrap gold jewelry and other scrap jewelry in gold, silver or platinum. Return the envelope by mail and payment will be sent within 24 hours of the time your package arrives.