Melting Down Gold To Sell

If you are looking to buy or sell gold then it can be helpful to enter a profit loss percentage.

Melting down gold to sell.

Before you sell a gold item to be melted down for scrap make sure it s not worth more in its present form. Try melting down gold in a 1200 watt microwave. Covid 19 company notice with the easing of wa s covid 19 restrictions the perth mint is pleased to advise that its luxury jewellery coin and giftware showrooms have re opened to the public from 9am to 5pm monday to friday. Before you mail your gold away you may want to determine for yourself what the melt value the market value of the gold contained within the piece should be.

If a piece of gold jewelry is labeled as having less than 24 karats e g. Pure gold is 24 karats and has a melting point of 1 940 degrees fahrenheit. The scrap gold melt value calculator available below can figure the total gold value of scrap gold items measured by the weight unit of your choice. You need to decide what you are going to do with the melted gold.

If you need to sell off gold quickly you don t want to find yourself haggling over the value of dental fixtures. If you have a piece of jewelry with a 10k gold plating it s not going to fetch much at all when the actual amount of gold is figure out for melting down. Once they determine value they send payment. Before you take your gold anywhere and look for reputable places to sell your gold sort it out by karat if you know it and figure out which pieces are only coated with gold and which.

Perhaps you want to sell it in a new form. You could try to make an ingot out of it or another shape like a gold bar. Gold buyers and others ask you to send your scrap gold pieces to them for analysis. People are melting down valuables to profit from the booming value of gold.

The gold value is calculated based on the total amount of actual gold content not including any other metals used if the gold is an alloy. You can melt scrap gold at home to purify it using a few specialized tools and some common materials you can purchase at your local hardware store. The calculator also allows you to change the currency and the gold spot price.