Monday, September 14, 2009

Selling Old Gold For Profit

Make Money Selling Used Gold.


There is a series of six articles at Gold Home Party discussing the different forms used gold comes in. Specifically, gold bullion and gold bars, scrap and broken gold items, old gold jewelry and of course gold coins.

There also was an article that discussed selling old gold by weight, or by the Carat.

The series was entitled How To Sell Your Old Gold and Jewelry For Cash.

This post simply outlines the series of articles and provides easy to navigate links back to the posts for anyone interested in these specific gold related topics.

  • Selling Gold By the Carat: 10k, 14k, 16k, 18k, 22k, 24k Gold - In determining the purity of gold alloys, carat means a proportion by weight of one part in twenty four or 41.66 parts per 1000. This means that the higher the carat value, the higher the proportion of gold in relation to the base metal content.
  • Selling Gold Bullion and Gold Bars - A 'bullion' means any precious metal (gold included) that is in a form whose 'primary value' comes from the actual worth of the metal and not from an artificial currency value. The most familiar forms of bullion are coins such as gold bullion coins, or bars such as gold bullion bars.
  • Selling Scrap and Broken Gold Items by Weight - When selling your gold for scrap, obviously the condition of the gold item is of no importance. As long as there’s gold to be recovered, then it’s the ideal candidate for selling as scrap gold.
  • Selling Old Gold Jewelry - Since the prices paid for scrap gold are based on just the value of the metal itself, while completely ignoring the craftmanship, aesthetic, antique, and sentimental value, it only makes sense that not all your old gold jewelry items are suitable to be sold off at a gold party as scrap gold.
  • Selling Gold Coins - Gold coins are coins that consist mostly or entirely of gold. Gold coins are intended to be sold to collectors, or to be used as bullion coins or bullion currency.
These posts were originally published in early August. We've provided the links above so you can find them easily. If you are interested in making money selling gold, you should give them a read.

Come back to the Gold Parties at Home blog often, or subscribe to the Gold Parties at Home feed. That way you'll be sure to not miss a post!

This gold party series was originally sponsored by Gold Parties Canada and Fast Cash Gold Parties... two leaders in hosting gold parties at home and organizing larger gold buying events.

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