Are you in possession of gold jewelry that you do not use any longer and wish to make quick cash through its sale? A genuine buyer is who you should be looking for to make sure that you get the best sizeable compensation for your jewelry. In the recent past, the spot prices of gold have been volatile. Thus, before selling your gold, you should compare the various possible Arizona gold buyers to secure the best deal for yourself.

Always conduct thorough research before you make any sales. Through your research, you can obtain the best value for your possession and from a legitimate buyer. Due to the constant volatility in the prices of gold, more companies, jewelers, and treasure hunters have dived into the trading of all kinds of gold pieces from individuals.

Choosing a Buyer

There are quite a few Arizona gold buyers to choose from. There are both advantages and disadvantages to having so many potential buyers. You may be able to get more money for your gold, but you may also have to weed through some shady buyers first. Hence, ensure that you have conducted thorough research to get the best compensation for your possessions. Make sure that you have done extensive research on your prospective buyers to determine their legitimacy.

Ralph Mueller and Associates advise that your selected buyer should have a permanent location and offer receipts for all your transactions. The permanent addresses enable you to find the buyer in case of any complaints. The receipts will act as pieces of evidence that the transaction went down whenever you launch any complaints.

Determining the Worth of Your Gold

The fundamental factors that are set to determine the price of your gold are the current spot price in the market, the gold's weight, and its purity. Gold in its pure state is soft and bright yellow in color and is given the 24K purity stamp. In other cases, other metals are blended with the gold to enhance its hardness and change its shade of color. Thus, many golden jewelry pieces are marked with10K to14K purity stamps. Always contact an independent gemologist to determine the purity and actual value of your gold.

Know the Scales

Only sell your gold to the legitimate Arizona gold buyers, like Ralph Mueller and Associates, because they have standard scales. They mainly use the Troy ounce scale even though a pennyweight (DWT), which is equivalent to 1.555 grams, is used to determine a Troy ounce too. Familiarizing yourself with these scales will reduce your chances of being cheated.