Types Of Gold That Gold Refiners Buy

By Heather Rockchester

It is important to understand the nuances of the cash for gold process. First of all there are several different types of gold you need to be aware of. Also some items may appear to be made of real gold but are really only gold plated or painted. Most real gold should have the karats printed on it somewhere but if your piece doesn't it doesn't mean it's not necessarily real.

Gold can be either yellow gold or white gold. Yellow gold is just like its name. White gold is silver in color with a touch of yellow blended in. If a piece of jewelry is palladium white gold, it's more gray or silver in color. Gold that is used for jewelry may be milled in a subtle shade of red, which is called rose or shades of green. The shading in green gold is very similar to 14K yellow gold only with a light green cast. Red gold has the appearance of copper that has been brightly polished, but it will not tarnish like copper.

Another precious metal that many gold refiners often purchase is platinum. Many people actually mistake platinum for white gold but it is actually a completely different precious metal and is a bit heavier than gold. As a very strong metal, platinum is perfect for jewelry making. Just like gold, you can sell platinum jewelry for cash at many refiners. It is very important not to confuse sterling silver with platinum though as the two look quite similar. Platinum price has risen quite recently just like gold so it is the perfect time to sell.

High school rings are often the first type of jewelry that people will consider selling. Once they're out of school, the ring often is put away, never to be worn again. If you're looking for jewelry to sell, school rings can be sold just like any other used jewelry you may have.

Dental gold is also another type of gold that many people forget about. Although it is not quite as common these days, many people still have gold caps or fillings that might fall out or need replacing. If you have any dental gold don't just throw it away, instead sell it for a good bit of cash.

Now of course the big question is how much you can actually get for your gold. But the answer isn't quite as straightforward. The value of gold changes constantly so it depends on when you decide to sell. But it also depends on how much your selling and how many karats the gold contains. Gold buyers only pay for the gold and don't consider and craftsmanship or resale value. And all these factors can vary quite a bit piece to piece. So in the end you just have to find a gold refiner or dealer who will pay more than the others. - 31899

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