Making the choice on selling gold jewelry is a tough one. So you should be able to make sure that your gold jewelry is genuine. But how was I going to make sure that my jewelry was genuine and not just fake costume jewelry? Taking my gold pieces from store to store, trying to get it checked out, was just not an option that was attractive to me. I need some extra cash fast, so I needed to be sure that it was real before I tried to sell it.
Have you ever heard of the magnet test? You won't have to run to the hardware store for this test.
The first test that you need to do is to try out the magnet test. This test is easy and here is how it works. First of all, precious metals like gold and silver are not attracted to magnets. Or another way to say it is they are not magnetic. But steel is magnetic. But be wary of this test. It will sometimes yield a false positive.
Don't have a magnet, or at least think that you don't? No problem at all. Just head to the kitchen. Everybody has some refrigerator magnets, right? Just about everybody has a fridge magnet and this type of magnet should be just fine. Try to get the biggest one that you have. The flimsy ones may not work.
See if you can find the Hallmark Stamp.
Hallmarking is generally found in the form of the karat stamp in gold jewelry. This type of modern hallmarking is generally the same in the US and the UK. Most likely you will find a 14K or 18K stamp on the inside of rings and on the post of earrings. Some of the European marks are very different. They are typically a numeric marking indicating the purity of the gold.
Most hallmarks are an indication of the gold's purity. Take 18k gold for example is 75 percent gold. It's very easy to figure out the purity in percentage. It takes just a little math to work it out. Take 18 divided by 24 and the result is .75. 24K gold is the purest form of the metal.
Have you ever heard of the magnet test? You won't have to run to the hardware store for this test.
The first test that you need to do is to try out the magnet test. This test is easy and here is how it works. First of all, precious metals like gold and silver are not attracted to magnets. Or another way to say it is they are not magnetic. But steel is magnetic. But be wary of this test. It will sometimes yield a false positive.
Don't have a magnet, or at least think that you don't? No problem at all. Just head to the kitchen. Everybody has some refrigerator magnets, right? Just about everybody has a fridge magnet and this type of magnet should be just fine. Try to get the biggest one that you have. The flimsy ones may not work.
See if you can find the Hallmark Stamp.
Hallmarking is generally found in the form of the karat stamp in gold jewelry. This type of modern hallmarking is generally the same in the US and the UK. Most likely you will find a 14K or 18K stamp on the inside of rings and on the post of earrings. Some of the European marks are very different. They are typically a numeric marking indicating the purity of the gold.
Most hallmarks are an indication of the gold's purity. Take 18k gold for example is 75 percent gold. It's very easy to figure out the purity in percentage. It takes just a little math to work it out. Take 18 divided by 24 and the result is .75. 24K gold is the purest form of the metal.
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Figuring out where to sell gold jewelry is very important if you want to get the most money that you can for your jewelry.
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