Types Of Gold That Gold Refiners Buy

December 18th, 2009

Types Of Gold That Gold Refiners Buy

When looking to sell gold jewelry for cash, there are a few things you should know about the different types of gold and other precious metals out there. First you need to know if your gold is real gold or just gold plated or painted. It is possible to believe that your jewelry is real gold if it doesn’t have the karats imprinted on it somewhere. Gold plated items should include some sort of label such as GP. An easy way to tell for certain if your gold is real is to bring it in to a jeweler or pawnshop.

There are two main types of gold: yellow gold and white gold. Yellow gold is just as the name implies - yellow. White gold on the other hand is not quite white but more silver with a touch of yellow. Palladium white is a bit more gray or silver in nature. There is also some gold used in jewelry that is milled with a slight shade of red, which is called rose. This red gold looks a bit more like copper than yellow gold.

Many gold buyers also buy other types of precious metals. One such type is platinum. Platinum is very similar to white gold in appearance and is often mistaken for it. But platinum is heavier and is generally more valuable than gold. Since it is much stronger than gold is often more pure in jewelry than gold so jewelry made out of platinum is usually quite valuable.

Although jewelry is generally what you think of when you hear about selling gold for cash, there are many more common items that contain gold. Items like gold coins, screen, mesh, dust, and electronic scrap.

A few years ago, gold buyers would get dental gold from time to time. Now they are getting it on a regular basis. People that have old bridges, fillings or crowns made of gold are choosing to sell them rather than have them in a bag for years. They don’t have any second thoughts about selling gold dental work. After all, not too many people are sentimental about old fillings.

There is not simple answer to what is the right price for your gold items. The value of gold is constantly changing. You need to ask yourself if you would like some extra cash right now. Then look at the offer made by the gold buyer and see if you think it is fair for the amount of pure gold that is within your gold items.

Heather runs a website where she shows people the art of selling gold for cash. If you want to learn how to sell gold coins and many other useful tips relating to selling gold, visit her site.