The prices of gold in the recent past have been volatile. This volatility has inspired more jewelers, treasure hunters, and companies to buy all kinds of gold jewelry from individuals. This increase presents both benefits and risks for anyone looking to sell your old or unwanted gold jewelry.

How do you find the best gold buyers Phoenix has to offer? Finding legitimate jewelers will guarantee you get the best price for your jewelry. Follow the strategies below to obtain the best prices for your jewelry pieces.

Determine the Worth of your Gold

The main factors that affect the price of your gold are its weight, its spot price and the purity of the gold in your jewelry. Pure gold, which has the 24K karat stamp, is soft and bright yellow in color. Other metals are blended with gold to give it color variation and hardness. Thus, a majority of the jewelry pieces you own are most likely 10 to 14 karats.

Contact an independent gemologist to determine the actual value of your gold by determining its purity. Whenever you are aware of the purity levels and weight of your gold, you can find the best gold buyers Phoenix has to offer.

Choosing a Jeweler

Once you decide to sell your gold jewelry, shop around to find the trader who offers the best price for your pieces. Make sure that you have done a background check on them to determine their legitimacy. Additionally, make sure that your buyer has a permanent location and offers receipts. In case of any complaints, you will know where to find your buyer.

Transparency

Always insist on watching the scale as the jeweler weighs your pieces. Watching closely will enable you to see the actual weight of your gold and thus you will obtain the right compensation for your possession. Also, this averts any incidents of the jeweler exchanging your pieces with others of lower quality. If your jewelry has other stones, be sure to obtain an added price for them.

With this basic knowledge, you can quickly find the best, legitimate gold buyers Phoenix has to offer.