selling gold

Scrap Gold Prices: The Best Time to Sell?

Interest in scrap gold prices has really gained momentum over the past month. Our current economic state undoubtedly has something to do with it. But, even though we may be living in uncertain times, interest in gold remains constant, just as it always has.

Old Computers And Scrap Gold

You can find gold practically anywhere, but a few places are more surprising than others. Today, we wanted to take some time to discuss one of those places – computers.

Our gold cash buyers actually receive questions regarding recycling computers regularly. Everyone wants to know if they can still make money doing it, and so the ‘story’ begins.

First, you should familiarize yourself with computer recycling history. The big gigantic desktops of yesteryear were known to contain more gold than the slim laptops of today. Plus, those prehistoric machines usually had bulky peripherals that contained even more gold. If you think about it, it all makes sense. Big heavy bulky computers required more material to build.

Gold & Computers Now

Fast forward to 2020, can you still find these things? Well, it’s hard to say for sure. Normally, we found old bulky desktops in school rooms and businesses. And, most of these ‘old’ places have long been re-vamped with new gear. However, finding these hot spots is not entirely out of the question yet – you may just have to dig a little deeper.

Second, you should work to better understand where gold containing computers parts ‘live.’ Commonly, we find gold inside the circuitry of a computer. That’s because gold is an amazing conductor of electricity. So in theory, you’ll be able to find small amounts of gold in an area where requiring energy.

For example, parts where data transfer happens like RAM can contain pockets of gold. You can even find little strips surrounding these areas where electricity is required for power. Similarly, motherboards (which are big circuit boards) usually contain the ‘mother load’ of gold used in computers. Additionally you’ll be able to find gold in memory chips, central processors, and even graphics boards.

On the same note, you’ll find roughly $15-$25 in an old model computer. It may not sound like much. But, think if you found a collection of old desktops someone was giving away for free. If you broke down 50-100 desktops, you could have a potential $750-$2,500 pocketed.

In summary, gold CAN still be found in computers. And, scrapping old computers can be a great way to start.

For more on scrap gold prices, give us a call: 1-877-857-6227

Should you start scrapping?

Scrap gold prices are quite good now, and unlike stocks or bonds, their value normally remains VERY stable. We can discuss the ins and outs of gold all day long, but that won’t do you much good.

Really, your chances of finding gold scrap will increase with access. Meaning, the more recycled electronics you can get your hands on, the better more you’ll make. And to be honest, finding prehistoric gold containing computers may not be the easiest thing. But many people have old jewelry or coins they are no longer enjoying, and selling these can be highly profitable.

What’s In It For You?

You want the best scrap gold prices, there’s no doubt about that. If you plan on getting into scrapping, you’ll want to find a business willing to pay top dollar. Our gold buying platform is 100% secure, no-hassle, and fair. Best of all, if you do not like the price we offer after shipping your gold, we’ll ship is back at no cost to you.

Looking further help selling your scrap gold? Visit our website.

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sell your gold, gold in weighted scales

Sell Your Gold for Top Value

Common Types of Gold

  • 10k
  • 14k
  • 18k
  • 20k
  • 22k
  • 24k

Sell Your Gold: Determining Value

Determining the value of gold uses several factors that you should know when you go to sell your gold. For the most common and broad explanation, buyers look at the karat, weight, and purity of the gold piece. A solid gold piece is known as 24 karats. Therefore, if you have a 10k piece up to 22k, it’s not pure, but made up of other metals called alloys. 

Purpose of Alloys

Solid gold is very soft. Therefore being the main reason for when it was first discovered, it was useless for much of anything outside of currency. When used in jewelry, solid gold is too soft to not hold its mold, let alone an expensive diamond in the center of an engagement ring. For that reason, it’s often combined with other

common metals, with the process of adding alloys. Common alloy mixes include gold, lead, nickel, aluminum, copper, silver, and platinum.

Diving Deeper into Gold Prices

Gold prices are set each and every day. In addition, they fluctuate with the market. The London Gold Market Fixing determines the gold market. It consists of several major London based banks to determine the fair market pricing, updated daily for people and businesses to sell gold. This was first discovered and implemented in 1919. It continues to be the way fix market pricing for the world is decided. 

Sell Your Gold: Common Pieces of Value

  • Necklaces and chains 
  • Bracelets 
  • Rings 
  • Watches 
  • Antiques 
  • Scrap gold (broken jewelry) 
  • Gold dental wear

Gold Cash Buyers Promise

We guarantee a professional appraisal, top-dollar offer, and easy selling process. Our gold cash buyers remove the hassle of dealing with in-person buyers. As a result, you receive your cash offer within just 24 hours. In addition, if you aren’t completely happy with our offer, we will ship your items back to you at no cost. Check out our highly satisfied customer testimonials here.

If you are looking to sell your gold, please don’t hesitate to visit our website or give us a call at our toll-free number 1-877-857-6227.

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selling gold, hand picking up gold pieces

Selling Gold: A Guide

America is one of the largest gold consumers in the world. If you are thinking of selling gold or silver bullion, it’s safe to assume your wish is to get the best price. It’s also quite possible that you have been investing money in gold. Therefore, making now the time to benefit from your long-term investment. Or maybe you’ve inherited precious gold jewelry like a necklace, bracelet, rings, or earrings from a family member and you’re wanting to offload it for a good deal.

Whatever the case may be, our gold cash buyers have put together tips on selling gold to help assure your transaction is as smooth as possible. Keep in mind, price, safety, and ease of sale are the three primary factors to consider when selling your gold. 

Fair Price of My Gold

  • Some precious designs or products are more prized or are in greater demand at a given time in the market. Products like gold coins hold their value through a sale. The sovereign coins are universally acknowledged legal tender, you can sell them without any delay. They are the highest in liquidity.
  • If you have gold bullion bars, you can get a good resale value. This is especially the case if the bars have been kept in a vault or safe. The bullion bars which have been manufactured in reputable mints and refineries have the highest resale value.
  • If you want to sell your gold jewelry, you won’t get the same resale value. Most of the jewelry today has alloy and other decorative additions, leading to a lower value. The refiner will have to melt it and make it in the form of a bar, round, coin, or jewelry.

Selling Gold: Where Can I Sell?

In general, most of the people go to a bullion dealer or pawnshop. It is not the recommended way to sell most gold. This is because a dealer will always give you the lowest return on investment. They may not even give the true value of the jewelry, keeping

room for negotiation. Even you try your best-negotiating skills, you will receive an offer far below what you can get from a reputable bullion dealer. Nevertheless, if you have decided to sell your gold pieces in a pawn shop, try some of our tips to get the best price.

  • First. You must keep track of the current spot price of gold and compare the buyback prices from the dealers in your area.
  • Second. Clean up your gold with hot, soapy water at home.
  • Third. Bring forward any documentation that shows your original purchase such as a receipt. Dealers are more comfortable buying when they see the jewelry is authenticated.

Selling Gold Online

A quick way to offload your gold is to sell online. Online bullion dealers typically offer a better price than local pawn shops. This is because they have less operating expenses. Another option is selling gold on Amazon or eBay. The price will be lower than authorized dealers. This is due to the uncertainty in the market as there is a risk of fraudulent products and buying fake or damaged gold.  This is a common concern on both Amazon and eBay.

Learn more about our business and why we are the best place to sell gold online.

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