Need money fast, but don’t know how to get it? Tired of being turned down for cash loans or payday loans? Do you have some old gold jewelry that you no longer need? If you’ve answered yes to those three questions, then visiting a gold buyer in OKC near you may be the best solution for you. Why, you might ask?
It’s become a very popular source of quick income for individuals who need money fast, but can’t get accepted for a loan. Gold buyers purchase gold jewelry from people, for a lesser amount than the retail price, and usually have it smelted for use in new jewelry. If you go through a pawn store, they will sometimes resell the jewelry, if it’s in good condition. If the jewelry isn’t in good condition, it will get sent off to the smelter company.
Selling your gold for cash is a very easy process, whether you choose to use a pawn store or a gold and silver buyer company. Normally when you enter and give them your jewelry, the gold buyer will test the jewelry to make sure it’s really gold. If it passes this test, they will then test any jewels in it to see if they’re real as well. They test the metal by using two different chemical acids, to test whether it’s 10 karat gold or 14 karat gold. They usually require a small scratch or rubbing of the metal, so be forewarned that your jewelry may get damaged in a small location but they usually try to keep this hidden from sight. To test the jewels, they use lasers to determine which type of gem they are and they’re grade. Weight is also a factor to determine how much gold there is.
When looking for a place, you definitely want to go with a reputable company. There’s many out there to choose from, and you will easily find one in your area that can give you a good rate on your gold jewelry. One thing to remember is that the price that gold can sell for fluctuates throughout the year. Usually around holidays the price will go up, making it worth more to sell jewelry, but this doesn’t mean that it won’t be worth more at other times the year or not.
