What Mistakes Should You Avoid When Selling Gold Jewelry?
Selling gold jewelry has been quite common these days. Since most people seldom go out, their accessories have been lying inside their drawers. Instead of letting its beauty wear off, they chose to sell their gold in Singapore. But since no one is perfect, they might make mistakes along the way.
To prevent that, they should know what mistakes to avoid, such as the following.
- FAILURE TO UNDERSTAND WHAT YOU HAVE.
Not knowing the value of the gold you are planning to sell in Singapore is no good. Some buyers might be cunning and deceive you like only paying you half the price of its actual rate.
That is why you should do your homework. Know the current karat price in the market before you sell your gold jewellery in Singapore.
- SETTLING IN THE FIRST OFFER YOU RECEIVE.
No matter how much you are in a hurry to earn some extra money, you should play your cards well. Do not settle on the first buyer you find. Look for others and compare the prices they offer. This trick will help you get the best deal you deserve!
- IGNORANT ABOUT THE DIFFERENCE BETWEEN GOLD-PLATED AND SOLID GOLD.
They may look the same thing outside, but gold-plated accessories are not worth much money. Since they are not pure gold, you can only sell them for a lower price than solid gold jewellery.
Make sure before selling yours, know first whether it is gold-plated or solid ones. Keep in mind that its purity is the price basis buyers consider before buying.
- EXPECTING GOOD PRICES ON BROKEN ACCESSORIES.
Since buyers have to repair them, do not expect your broken gold jewellery to sell for a hefty price. They usually offer less since the pieces are not even in good condition in the first place.
Are you looking for the best place to sell gold accessories? Make transactions with a reliable jeweller shop like Jen Jewel! They will help you appraise the gold jewellery that you want to sell in Singapore.
