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Visit us at Mobile Bay Coins for a FREE EVALUATION of your Coin Collection or Precious Metals today!

Before You Sell

GOOD TO KNOW BEFORE YOU SELL

When Precious Metals prices are high buyers seem to pop up like mushrooms and disappear just as rapidly.

You need the Leader In The buying of Precious Metals  and   backed by experience, honesty, and integrity

Top Five Things To Know

Best to know your weight in each karat of gold.

Best to get your gold weighed in grams Not  in pennyweights [dwt]. A pennyweight is 1.555 grams.

Check out the gold buyer before you sell BBB is a great place to check but remember most buyers are not even members.

Keep in mind when you see gold buyer's/jewelry buyer's advertising in the mass media  that cost  is in the thousands of dollars. Who is paying for that? We at A Gold 2 Cash Exchange, keep our over head cost to a minimum.

We pay-out more for your gold.


Things to know about Gold and Other Precious Metals

Below is information you should considering when
selling gold or gold jewelry to any Buyer.

1) Gold, Platinum and Silver are Precious Metals that are traded on world-wide commodity exchanges. The prices on precious metals change and sometimes dramatically every day. A Gold 2 Cash Exchange reviews purchase prices frequently and changes the prices we pay you periodically to reflect the current market prices. www.Kitco.com is a good place to see what is going on at the time you are thinking of selling.

2) Many pieces of fine jewelry incorporate valuable precious gems such as diamonds, rubies, emeralds or sapphires. The value of these gems is often more than the value of the gold, platinum or silver of coarse depending on spot price at the time of sell.
 

Gold

Gold is the most common and popular of the precious metals for most jewelry. Gold is weighed and valued by a system of karats, with 24 karats being pure gold, and is abbreviated after the value number as "K." Most people know that you can buy jewelry in 10K, 14K, 18K, and sometimes the full 24K (though this is rare). Gold is a very soft metal, so other metals are added into any jewelry of less than 24K, and typical alloys include zinc, silver, and copper.

When you're trying to identify how much gold you've got in a piece, you're going to follow the same guidelines as when checking silver, only this time you're looking for a 10K, 14K, or similar on the item. If you see certain letters after this value, such as EP, GEP, or P, it means that the item is gold plated and not solid.

When you're buying gold jewelry you should know how much gold is in the piece you're buying. This is even more important if you're selling scrap jewelry to a dealer or Jeweler. Otherwise you are almost certainly going to lose money in the transaction.

When selling gold jewelry you can weight it yourself on a scale that gives you grams, This way you will know the weights before you even go to sell. See below about  pennyweights This is not good. Anyone advertising in penny weights are doing this to make it look and sound like your getting more money for your gold ,in fact your getting less. So if you see this or hear run the other way.

Also you will want to know what SPOT PRICE is right before you sell. ALL gold buyers go by this price to determine the pay-out to you. A great place to see this is www.kitco.com but remember this changes every 5min. or so Monday - Friday.

Silver

Silver is a beautiful metal that is strong for settings, and is relatively cheap compared to the other metals. A quick way of identifying silver is to look along the inside of a ring, or along the clasp/end of a necklace or bracelet. What you're looking for is a little number like ".925" or ".999." This is the percentage of silver versus other metals that are in your item. Sterling silver, one of the most common types, is made up of 92.5% silver and 7.5% copper.

Platinum

Platinum is an incredibly strong metal, very hard to work, but very good for jewelry that's going to be put to the test. It's often used as the setting in gold and silver jewelry to hold diamonds and other valuable stones. The price of platinum fluctuates often for a few reasons: it's hard to work, hard to find, and Russia.

You can identify this precious metal by again looking on the inside of your ring, or near the clasps of your necklace/bracelets. What we're looking for this time is a little more complicated. Since Platinum can be made up of a few different metals from the platinum group, these pieces are going to be marked with a number, followed by an abbreviation for platinum such as Pt or Plat, then either followed by the abbreviation for another group metal, or a number and the abbreviation. This can continue up to three or four times depending on how many different platinum group metals are in your item.

For instance, if you have a ring that is 85% platinum and 15% iridium, then you could see any of these markings:

  • 850 Pt 150 Ir

  • 85 Plat Irid

  • 850 Plat Irid

Or really any combination of the above to indicate how much platinum is in the ring/bracelet/whatever. Right now, as long as the item is at least 56% platinum it is usually considered good, and sometimes as low as 50% is acceptable.

Our Products

  • Buy and Sell Coins
  • Fine Jewelry
  • Diamonds
  • Gold Bullion
  • Silver Bullion
  • Platinum Bullion
  • Sterling Silver
  • Sell Dental Gold
  • Watches

Visit our Mid-Town
Mobile Alabama Store

2204 Government St
Mobile, AL 36606

(251) 725-1590

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Sat 9-3
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