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How much can I sell my gold and jewellery for?

How mcuh can you sell your gold jewellery for in london

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How much can I sell my gold and jewellery for?

Selling gold and jewellery is a great way to get some extra cash.

However, there are a number of factors that can affect the price you receive when you sell them. The value of gold and jewellery can fluctuate depending on a number of factors, including the current market price, the condition of the items, and the rarity of the piece.

So, it’s important to know how much your items are worth to have an estimate of how much you could make from selling them.

Factors that determine the selling price of gold & jewellery

1. Type of jewellery – Fine jewellery, such as diamond rings or gold necklaces, will typically fetch a higher price.

The value of the metals and stones used in the jewellery can highly determine how much you could get from selling them. Fine jewellery is made from high-quality materials and often features intricate designs. Because of the time and skill required to create these pieces, they are typically much more expensive. For example, a piece made with diamonds and gold will usually be worth more than a piece made with less valuable materials.

In contrast, costume jewellery is made from cheaper materials and is not designed to last. As a result, costume jewellery is typically not suitable for resale.

2. Condition – When selling gold and jewellery, it is important to consider the condition of the pieces. Generally speaking, items that are in good condition will sell for more than those that are damaged or need repair. This is because buyers are looking for pieces that they can quickly turn into a sale for themselves.

However, there are exceptions to this rule. For example, antique pieces or those with historical significance may be able to command a high price even if they are not in perfect condition.

Ultimately, the best way to determine the value of a piece is to consult with an expert. They will be able to assess the condition of the piece and provide you with an accurate price for your gold and jewellery.

3. Weight and purity of the piece – When it comes to gold, weight and its purity are one of the most important factors in determining value. A heavier piece of gold and jewellery will usually be worth more than a lighter one.

For example, 24-karat gold is purer than 18-karat gold, so it will typically be worth
more per ounce. Similarly, a piece of jewellery that contains more gold will usually be
worth more than a lighter piece with the same purity. The higher the purity, the more
valuable they will be.

So when you’re evaluating gold, be sure to consider both the weight and the purity so
you can get an estimate of how much you sell them for.

4. Market Value – The current market value of jewellery affects the amount you could get from selling your jewellery in a number of ways.

First, the price of gold and other precious metals has a direct impact on the value of the jewellery. If the price of gold is high, then gold jewellery will be worth more.

Second, the quality of the jewellery also affects its value. A piece of jewellery that is well-crafted and made from quality materials will be worth more than a piece that is poorly made.

Finally, the demand for certain types of jewellery can also impact its value. For example, antique and vintage jewellery is typically in high demand, and as a result, it is worth more than contemporary jewellery.

When selling your gold and jewellery, it is important to keep these factors in mind in order to get the best possible price. By taking these factors into consideration, you can get a better idea of how much your jewellery is worth and how much you can sell them for.

As a general rule, you can expect to receive around 60-70% of the original purchase price. But, of course, the final price will also depend on the buyer.

At Yarnda Jewellery, we understand that selling your jewellery can be a difficult and
confusing process. That’s why we offer a free price estimate service.

We will evaluate your items and provide you with an accurate price range. Whether you’re looking to get cash for your jewellery or trade it in for something new, we can help you get the best possible price.

Yardna Jewellery is renowned for its many years of trustworthy service within London’s jewellery sector. We are experts in precious metals such gold, silver, and platinum which allows us to accurately value your items before offering the very best prices in London. 

If you are unable to travel to one of our London branches, then we can accept items via post too. Upon receiving them, we pay via bank transfer the very same day. 

If you have old, damaged, outdated, or unwanted gold gathering dust at home, get in touch with London’s expert gold buyers first. 

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