Most of the people literally believe selling gold jewellery such as rings, watches, bracelets or necklaces to a Pawn Shop is an easy way to get cash for gold. Indeed, it’s easy to sell gold to a Pawn Shop and get quick cash; however, before you collect your gold jewellery and rush to a Pawn Shop, it’s important to refresh your memory on a few crucial things to ensure you get the best possible value for your deal.
1. KNOW THE CARATS
Gold is one of the most valuable metals which are measured in carats. These carats are the base from which you can determine the value of your gold jewellery. Actually, gold jewellery has markings that indicate its value; these markings are in 24K, 18K or 14K. The higher the carats, the more money you can make.
Nonetheless, if you proceed and sell your gold jewellery in a lump sum with different carats then there are chances to get the lowest price per carat weight. Hence, make sure to sell your gold jewellery to a Pawn Shop according to the carats so that you can get the highest value.
2. CHECK THE WEIGHING SCALE
Gold jewellery is checked by its weight and carats. For checking the jewellery, different weighing scales are used by jewellers and Pawn Shops. You need to make sure that no false weighing scale is used for determining the price of your gold jewellery. Always verify that your gold jewellery is measured by the troy, which is 31.1 grams and not by an ordinary ounce measurement of 28 grams.
3. IN WHICH FORM YOU WANT TO SELL YOUR GOLD JEWELLERY
It is believed that if the gold jewellery is sold in melted form then there are more chances to get good value. However, before you sell your gold jewellery to a Pawn Shop, take time to consider which form will help you to get the maximum money. Nevertheless, if you’re having archaic or vintage gold jewellery then sell them in their original form to get more value. In addition, you can take the help of professionals who have the skills to recognise the actual value of your gold jewellery.
4. FIND A TRUSTWORTHY PAWNBROKER
If you want instant cash against your gold jewellery, then finding a reputed Pawn Shop will help you to get the best value. During the process of selling, never hesitate to ask questions to your pawnbroker if something is too complex to comprehend.
BOTTOM LINE
If you want to get the best value for your gold jewellery at a Pawn Shop and experience a healthy transaction, Mega Cash is the right place for you! With over 20 years of experience, we specialise in offering short-term pawn loans as well as in selling and buying any type of gold jewellery. Therefore, when you need instant cash in Sydney, visit one of our reputed Pawn Shops located in New South Wales or Queensland and avail the best prices for your gold jewellery irrespective of its condition including damaged and broken gold ornaments. If you would like to clarify your doubts or need prompt assistance, give us a call at Mega Cash on (02) 9835 1233 and one of our friendly team members would be happy to assist you.
