Selling Finds

[Bejamble]

Just wanted to ask where everyone else sells their jewelry. Locally we only get about 50% scrap value even on the nicest pieces. Do you sell on ebay? Craigslist? Scrap buyers. Thanks in advance.


Cory

 

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[ron lord]

Welcome to - American Recycling Associates - Gold Refining, Karat Melting, Stone Recovery in Dallas, Tx I send all my gold ,Plat. and silver here !!

 

[WaterWalker]

Precious metal quotes
Live Gold, Silver, Platinum, Palladium Quote Spot Price Chart - Kitco

Precious metal calculator
Precious Metal Calculator from Dendritics (Updated Version)

REFINERS IN MY ORDER OF PREFERENCE

ARA TX http://www.aragold.com/refining-schedule.html

98% no shipping or insurance
American Recycling Associates
2431 Walnut Ridge St.
Dallas, TX 75229

Phone Number: 1-800-216-9796

US Gold Buyers Buy / Sell Scrap Gold, Selling Jewelry, Gold Coins, Diamonds, Platinum Online, Cash for Gold & Silver in NY, NJ - US Gold Buyers

90% shipping and insurance included
USGB, Inc.
62 West 47th Street, Suite 610
New York, NY 10036

1-877-977-4653 (212) 764-7586

Midwest Precious metals buyers, smelters, refiners of gold, platinum, silver scrap metals, dental gold scrap, platinum thermocouple wire, crucibles, silver scrap. Gold refiners, platinum scrap buyers, recyclers karat gold jewelry. Sell gold, platinum and sil

95% no shipping or insurance
Midwest Refineries
4471 Forest Ave.
Waterford, Michigan 48328

1-800-356-2955 or locally at 248-802-7923.

Local buyers of precious metals are paying between 45 and 80% of spot price. The below is an example of how much you should expect to receive of one item, a 14K man’s wedding band weighing one half an ounce with spot gold at $1500.

Spot price X weight X purity =
1500 0.5 .585 $438.75

Your net from the above item:

98% from ARA = $429.97 less shipping and insurance

90% from USGB = $394.87

95% from Midwest = $416.81

45-80% from Local = $197.43 to $351.00

The troy ounce is used for precious metals weighting.

One troy ounce is equivalent to 1.09714 avoirdupois ounces. That means the troy ounce is heavier than the avoirdupois ounce that most scales read in.

Typical weight terms buyers use:

One troy ounce (ozt) is equal to 31.1034768 grams.

One troy ounce (ozt) is equal to 20 pennyweight (dwt).

There are only 12 troy ounces in a troy pound (rarely used).

 

[maipenrai]

Thanks for the addresses and numbers! That should make the decision pretty easy for everyone.

 

[Bejamble]

Thanks ron. I have looked at them before but thought you had to have a business license or something to use them. Can anyone send stuff in to ARA?

http://www.diglogs.com/forumBanner....jJehEHd8012nHyeHsajeyHDesuhfnsegfh2w73889243f

 

[Sandman]

Now you got it. ARA all the way.

 

[WaterWalker]

I have helped other use both ARA and USGB...all sales went well, and those that I have helped selected by themself as to which one to use.
Everyone would use the one they used again.
I have not used Midwest and have not helped anyone in the past year and a half.
I understand new IRS regulations require anyone buying over $600 in scrap gold from any one person to issue them a W2 form for tax purposes. You might ask when you talk to the buyer. I would suggest you talk personally and not just email. You will have a much better fell that you are dealing with the correct business of your choice.

 

[Bejamble]

Thanks waterwalker

http://www.diglogs.com/forumBanner....jJehEHd8012nHyeHsajeyHDesuhfnsegfh2w73889243f