Jewelry

How to Sell an Antique Diamond Ring

antique diamond ring

carats (0 mg) round diamond engagement ring. (Photo credit: Wikipedia)

Selling an antique diamond ring, probably belonging to your grandma, could be frightening. There is a certain level of skepticism involved regarding whether you will be able to crack a fair deal or not. In order to get a reasonable price, you must set the price according to the ring’s craft and the diamond’s worth. This sounds easy, but in reality, it can be a troublesome task.

Read on to know how you can sell a vintage diamond ring at a fair price:

Get the Ring Appraised

Before setting a price, it is advisable to get the ring appraised, preferably from a jeweler. Make sure the jeweler is not interested in buying that antique diamond ring because his advice could influence you and the price of the ring. Try to obtain an unbiased appraisal relating to the antique diamond ring’s cut & uniqueness, condition, and to what extent it meets the antique ‘style’ quotient.

Acquire a Certification

If possible, try to get hold of a certificate from a genuine gemologist. This will permit you to set a higher price for the ring and attract more genuine buyers willing to pay that price.

Find Buyers Exclusively

At first, try to place an ad in a newspaper or a jewelry publication at a price you think is appropriate. Estimate the response of the market and how many buyers you are able to attract at this price. The reaction will help decide whether you scroll the price up or down.

Jewelry Store

It is a good idea to sell your ring at a store that sells antique jewelry. Since you now know the worth of your antique diamond ring, there are high chances that you will get a satisfying price from the buyer. If you feel the price being paid is unmatched to the ring’s worth, you can go elsewhere.

Online Selling

Consider selling your antique diamond ring at an online platform. This will not only permit you to place the lowest possible price that you want for the ring, but there high chances that people may end up biding higher (in case you attract more buyers). It will be plus point if you attach the appraisal and any certification obtained to substantiate your antique diamond ring.

How to Clean a Platinum Diamond Ring

Clean Platinum Diamond Ring

This is a 0.31 carat diamond, F color, SI2 clarity, set in a platinum ring. (Photo credit: Wikipedia)

Diamonds are a girl’s best friend. There couldn’t be a better pairing for a diamond than being studded onto a platinum ring. This ring would undoubtedly, be one of the most precious belongings of any girl. Everyday chores, hand creams, showering or cooking could take away the shine and sparkle of your valuable ring.

Here, you can clean a platinum diamond ring:

Toothpaste Works!

Take a flexible-bristled toothbrush and apply some cleaner on to it. Gently clean the diamond with the brush to clear any layer of dirt that has developed on to the diamond. Make sure that you use a soft brush, as the hard ones can leave scratches on the stone. Once cleaned, wash the ring with tepid water and soak it with a soft cloth. Since, Platinum doesn’t lose its shine or color, unlike metal; this method would be sufficient to preserve it.

The Popular Ammonia Solution:

This is the most popular means of cleaning a diamond platinum ring. Follow the aforementioned steps to bring back luster to your ring:

  1. Boil two cups of water in a dish pan,
  2. Add two tablespoon of ammonia into it and simmer the water solution,
  3. Put your ring in boiling water for approximately 10 minutes,
  4. After 10 minutes, take out the ring using any item to grip it and let it cool down,
  5. Clean the ring softly with a toothbrush and put it back in the same solution for 5 minutes,
  6. Take out the ring from the solution and wash it with plain water.

If you follow these steps accurately, the outcome would be a gleaming platinum diamond ring that looks as if you bought it from a jewelry store today!

Some tips to keep your diamond ring appear sparkling and luminous on a regular basis:

  • It is always a good idea to keep checking for the protection of the stone studded onto your rings. The prong must be in a good condition to maintain the look and fit of the diamond.
  • Make sure you take off your ring prior to gardening or washing dishes.

See Also:

How to Clean Black Diamonds

 

How to Choose a Diamond Settings

diamond setting

First engagement ring – 1.51ct princess cut diamond (G/VS, GIA), 2 0.30ct trillions (G/VS), platinum setting. Sent it back – it wasn’t the right one. (Photo credit: Wikipedia)

The most popular type of setting for diamond jewelry is the prong setting. The setting holds the diamond strongly and prevents it from falling off. There are many varieties of diamond settings available that change the entire look of the diamond, making it more appealing.

The purpose of a setting is to enhance the impression and visibility of the diamond, while securing it sturdily. Few of the diamond settings are mentioned below:

Prong Settings:

Some common forms of prong settings are mentioned below, so choose according to your taste and preference:

Four-Prong Setting

If you want your diamond to look larger, choose a four-prong setting for your stone. Four-prongs are as strong as six-prongs, so opt for the one that visually appeals to you.

Six-Prong Setting

This is the most preferred choice among women. Besides being strong, six-prongs enhance the fire and brilliance of a diamond. Sadly, the chances of cloth and hair getting stuck into your ring are higher.

Cathedral Setting

This prong setting curves from the bottom of the diamond. If your diamond isn’t round or oval, opt for this setting to ensure the security of your precious stone.

Cross-Wire Lucida Prong Setting

If you are an athlete or a gym person, this prong setting is ideal for you. Cross-wire Lucida prong setting allows the diamond to assemble at the bottom without any chances of becoming loose.

Bezel Setting

If you want to hide any flaws present in your diamond, select this setting to hide any defects. Also, if your diamonds are small, Bezel setting makes them look bigger and brighter.

Channel Setting

If you have manifold diamonds and want them all to be studded in a single piece of jewelry, choose a channel setting. Channel setting enhances the whole look of the diamonds making them look stylish. This style suits both men and women.

Flush Setting

Small and flat diamonds can look attractive if studded into a flush setting. These diamond settings are ideally worn on a regular basis because they are not too showy.

A diamond setting matters to a great extent because they are one of the key determinants of a diamond’s look and appeal. It is worthwhile to decide upon your diamond jewelry setting before you purchase it for a special occasion.

 

 

How to Buy Diamond Jewelry

For many of you out there, buying diamond jewelry will be an entirely new experience, its entirely different form selling jewelry. It is absolutely normal to be excited and eager; but that doesn’t mean you should be overwhelmed by it. Before buying diamond jewelry, understanding its characteristics is imperative.

Go through the fundamentals below to perk up your shopping experience:

The Type

If you plan to wear the stone for a special occasion, like a wedding; a ring or wedding band would be the best option. Whereas, diamond for gift purposes should be in the form of a pendant, bracelet or multi-stone studded ring.

Budget Considerations

Have a clear budget in your mind before you go out to buy diamonds. Underestimating your budget might end up making you gloomy. Going out to a diamond jewelry store without planning a budget may leave you puzzled when confronted with a beautiful diamond jewelry piece. Always establish a budget before buying diamonds to avoid regretful occurrences.

Trending Styles

When buying diamond jewelry, one comes across countless styles that are available in the marketplace. It is easy to pick and choose a particular style for oneself, but buying for someone else can be a complicated decision. Once you are clear in your head about the preferred type and budget, find answers to the following questions:

  • What is the prevailing trend of diamond jewelry?
  • What would suit the current wardrobe?
  • Can my friends and family suggest me some good options?

Size of the Jewelry

Ring and bracelets must be bought according to a pre-measured size. This calculated approach is very important when buying expensive jewelry. Earring length must be kept in mind as special occasions might demand you to wear longer earrings. Buying necklaces can leave you in a fix, especially if the person you are buying for, is not with you during the purchase. In such cases, ask the jeweler if the jewelry can be exchanged to match the relevant size.

Assess the Diamond

Ordinarily, a diamond is assessed on 4 criteria, also called the four Cs:

  • Diamond Cut: A diamond must be symmetrically cut in order for it to shine,
  • Diamond Clarity: Look out for small blemishes and scratches which cannot be seen through naked eye,
  • Diamond Color: A perfect diamond stone is uncolored,
  • Diamond Carat: The size of a diamond reflects its value. The bigger the size, the higher the value.

Different Types of Diamond Appraisals and How They’re Used

diamond ring

Now days, everyone seems to think that coming across a diamond ring in some old jewelry box means they’re going to earn a fortune after selling it. Often you might read in a newspaper about a woman who found a diamond ring in her attic, or you watch a news report on television about someone who found a diamond ring in an abandoned storage locker and were able to make a consistent profit because that person managed to sell it for a very good price.

What the media doesn’t tell you is how a proper diamond appraisal is really done. In most cases, the value of a diamond can be very different, according to the type of appraisal made. Especially for estate jewelry, there are usually two types of appraisal meant to settle the value of a diamond jewel.

When a diamond is appraised, it’s important to make a difference between the replacement value and the market value (referred to as resell value in some cases). The replacement value means how much a brand new items costs. Therefore, if you have a diamond ring you bought a couple of years ago, the replacement value is equal to a similar diamond ring bought from a shop or a jewelry store. The market value represents the sum of money an owner would receive in the case of a resell. Simply put, you as an owner are not able to receive the same amount of money for  diamond jewelry like a jeweler or a store would, no matter how much you paid for it in the first place.

The resale value is calculated by taking several factors into consideration, such as the condition of the jewelry, market demand, fashion trends and the mark-ups undergone by a specific jewelry piece from a low wholesale price to a high retail price (in fact, the replacement value). Considering all these factors, it’s no wonder the dream of selling a diamond ring for thousands of dollars quickly bursts like a bubble, because often estate jewelry can be sold for a fraction of the original price.

Truth been told, it’s important to specify what you intend to do with a diamond appraisal, because for insurance appraisals, for instance, the replacement value is always used. That’s because insurance companies need to know how much money they have to pay in case of robbery, fire or other accidents that might occur. However, no serious buyer will be interested in your insurance appraisal, so you will need to get a market value appraisal. The confusion of these two values it’s what makes many diamonds owners wonder why their jewelry is not as much worth as they thought in the case of a resale.

Knowing the difference between these two values is equally important as finding the right appraiser. Even if some is a qualified gemologist, they still need to be certified, so be careful who you choose, because an appraisal done by a non-certified gemologist is not as valuable and many buyers or even insurance companies will not consider it. Not only a certification is what makes a gemologist the right person to perform the appraisal. It’s best to find some with experience in the field, someone who’s able to provide an appraisal as detailed and accurate as possible. Don’t forget to communicate with the appraiser of your choice what you intend to use it for, because, as stated above, the replacement value is used for insurance purposes, but it’s not useful if you want to resale diamond jewelry.

If you want to sell your estate jewelry and need to know exactly how much money you could get for diamond jewelry, or if you need to insure your diamonds, schedule an appointment with us and you can be certain you’ll receive the best possible services regarding diamond appraisals.

Photo: Pixabay.com, user: Wounds_and_cracks

Fall/Winter 2014 Diamond Jewelry Trends

heart shaped jewelry

After a busy season in New York with the NY Fashion Week, it’s officially time to discuss major trends in fashion, makeup, hair styles and jewelry for the upcomming season. Not only fashion designers present their collections each season, but jewelry designers too. We’ve gathered a short list of the upcoming trends in diamond jewelry, in case you want to add some new pieces to your collection.

Big & Bold Jewels

This year,designers decided that bigger is better, for clothes, hair and accessories. Perhaps the 80s are going to be revived next year, as this year was all about the 90s. Not only fashion jewelry consisted out of statement pieces,  so the preferred metal for this season is still gold. Rose gold and white gold are going strong, but yellow gold jewelry gains more and more in popularity, probably because it goes so well with festive outfits.

Necklaces, bracelets, earrings and rings, you name it, everything is big this season. The best part is, now you can take out again those diamond drop earrings you’ve been saving for special occasions.

Floral Designs

Especially for rings, many jewels created for this season were based on a flora design. Different versions of gold and diamond rings in flower shape were showcased by various jewelry houses.

Love Is In The Air

Although Valentine’s Day is till far away, heart shaped jewelry is another trend to watch for. Gold and diamond heart pendants will be the most sought out gift for this winter and even for the 2015 spring season.

Small Stones

There is an alternative to big, chunky jewelry, and that is choosing quite the opposite, delicate and feminine pieces. Small diamonds are added into complex designs of gold jewelry, for that extra “sparkle” factor. Bracelets laced with radiant diamonds, or embellished necklaces are the best accessories for a stylish outfit.

Vintage Style

For those who don’t want to give up on their vintage jewelry (or jewelry that at least seems to be vintage), don’t worry. The vintage trends is probably never going to disappear. Pearl and diamond stud earrings, or diamonds in combination with cushion cut gemstones are glamorous and chic. The same goes for rings too, as vintage style rings never go out of fashion.

Bridal Trends

One of the most interesting trends each season is the one regarding bridal fashion. Who knows how many couples are planning on purchasing the engagement ring in the next couple of months, so it’s no wonder the brides-to-be are eagerly browsing magazines and websites to see what style their engagement ring should have. For the 2014 – 2015 season, the main trends in engagement rings are the following:

-          Cushion cut diamonds, as an alternative to the classic round cut. The diamond still maintains its brilliance, but this cut also adds some extra elegance to it.

-          Eternity bands as engagement rings. Eternity bands are not only for anniversaries, as more and more people choose this ring style for engagement rings. This is a style suitable for those who want to keep it subtle, because in eternity bands diamonds don’t have to be “the bigger, the better”.

-          Small settings. This is another alternative for those who want an engagement ring that’s not too flashy. This type of setting looks great with a solitary diamond.

-          Rose gold. This metal was widely used for all types of jewels, but not so much for engagement rings. Brides seem to prefer it because it complements the skin tone better than yellow gold or silvery-white metals like white gold or platinum.

If some of these trends seem appealing to you, and you want to purchase a new diamond jewel, don’t hesitate to contact AGI New York, to find out how much a certain diamond is worth.

Photo: Pixabay.com, user: lulek41

The Hidden Secrets of Estate Jewelry

old jewelry

The term of estate jewelry refers to old jewelry that was previously owned, regardless if inherited or obtained in other ways. Usually, when this type of jewelry is appraised, fair market value is used for estate evaluation purposes.

Many jewelry collectors or enthusiasts are eager to hunt for estate jewelry auctions, but they fail to realize not everything that’s old also has a great value. There seems to be a common myth how old jewelry offers finer gems or better workmanship, but of course that’s not the case. There are many exquisite pieces available today and it’s not like high quality gemstones have disappeared form the face of the earth. Actually, estate jewelry is tricky because it often happens that some old jewels are not what they seem to be and not even the previous owner was aware of it.

The older a piece, the more attentive you have to be. Stones set in old pieces are not always valuable, but just imitations, more or less well done. In some cases, the stone used in the jewelry are natural, not synthetic and not replicas, but their color makes them appear at the first glance something that they not. The case of the famous “ Black Prince’s Ruby”, part of the Queen’s Imperial State Crown is the best example for that. While the ruby was not a fake, it wasn’t a real ruby, but a red spinal, a natural gemstone that’s far more less valuable than a ruby. Imagine, if this happened to royalties, what makes you think it can’t happen to you?

Over the years, people were very inventive when it came to more or less faking the value of a jewel, for different reasons: to gain more money if they would sell it, to keep the appearence of a certain social status or for unknown reasons. For instance, it’s not unusual to see doubletes, which are two parts of a valuable gemstone, combined together with a bonding agent that makes them seem like a larger, finer and more valuable gemstone. Some doubletes are so well made, that only a trained eye can spot the difference.

A practice common for 18th century jewelry was using colored foil. Colored foil was placed between the gemstone and the metal backing. Although the period of the jewelry and the craftsmanship of the setting add great value, the color of the gemstones is very important for the final price.

All that being said,it’s true there are great opportunities to acquire great pieces form estate jewelry sales and auctions, but you will absolutely need to be careful, because otherwise you might end up spending a large amount of money on pieces that aren’t worth even half the price.  Especially for the market value, prices are fluctuating according to the trends and demands. Sometimes, jewelry from the Edwardian period is high in demand, other times the Art Deco period is increasing in popularity, not to mention that jewels from well-known houses, such as Cartier or Tiffany are much more valuable than “no-name” pieces. That’s why it’s strongly recommended to get appraisals for estate jewelry, in the case of inheritance and not only.

 Photo : PublicDomainPictures.net, user: Junior Libby

The Antique Jewelry Appraisal Guide

antique jewelry

Over the last decades, Americans started to take much more interest in antiques in general and especially in antique jewelry. But, before you start digging through your grandmother’s old chest eager to find some unusual treasures, take a step back and be realistic.

If you want to put a price tag on antique jewelry, it’s most likely you won’t be able to, without the help of an expert, and here’s why: you’ll probably end up setting a much bigger price than what your jewelry is actually worth, or even worse you’ll end up throwing away genuine valuable pieces, because you don’t have the knowledge and experience to identify them.

Especially unexperienced antique jewelry owners should avoid the common pitfalls of this trade, by following some simple guidelines that helps them not to get ripped off.

Don’t sell to the appraiser!

This is the first and most important rule. Don’t sell antique jewelry to the dealer, or auction house or jeweler who’s appraising it. If a person is interested in buyong your jewelry, than you can be certain they will try it to get it at the lowest possible price. If you do go to a certified appraiser, be careful thou, because some of them will offer to buy your jewelry and this could create a conflict of interest. The best way is to get an appraisal from an independent appraiser, but be careful who you choose. If an appraiser charges you a percentage of your property’s value, find another one, because you can’t be certain your jewelry won’t be over evaluated, just to get a higher commission.

Internet appraisals are not accurate

Although no one says you can’t find plenty of information on the internet, an accurate appraisal can only be done by a specialist who is able to see and handle the jewelry. Pictures and descriptions do help a lot, but you can’t rely on merely opinions. And while it’s great you do your own research, to find out what you might be dealing with, it doesn’t mean that diamond ring you found in an old jewelry box is a real diamond.

Get recommendations

If you don’t know which appraiser to choose, it’s very easy to search for recommendations online. It also helps to ask around at bank managers or lawyers, because they have to deal with jewelry appraisals all the time in their line of work.

Ask before you choose

Get an estimate of the costs and how much will it take for the appraisal to be completed. Some appraisers are just very busy and you’ll have to wait even a month for the appraisal. If you’re in a hurry or have some sort of deadline, than this is something you need to think about.

Decide what you’ll do with the jewelry

Antique jewelry could be part of your own collection, you might want to sell, or it has sentimental value for you and you just want to know if it’s worth something to insure it. Make it clear for the appraiser how you want to use the jewelry. If the jewelry is for selling, the appraiser will look at the fair market value, meaning a price that is less than what retailers would sell it for. If you insure a piece of antique jewelry, the appraiser will establish the replacement value, using similar items as guiding. Usually, the appraised fair market value is lower than the value for insurance.

Don’t fix it!

If you have broken jewelry or scratched pieces, you’ll be tempted to fix it. Don’t do this on your own before you get a proper appraisal. You might even reduce the value of a piece next to nothing if you do a “repairing” on your own. Better have an expert look at it and then you’ll probably receive counseling regarding craftsmen or other places where you can get high-quality repairs.

Get appraisals in writing

Although this seems like something obvious, many people get fooled and even pay for verbal “appraisals”. An appraisal report should include the reason why the appraisal was asked, the methods that were used to determine the value of the jewelry and detailed descriptions. You should also get a clear statement of an item’s worth, not just an estimate.

Renew old appraisals

Especially on the antiques market, things are constantly changing. Even in this market, there are trends or times when the market is oversaturated with certain pieces and the prices are lower. That’s why appraisals should be done every 3 or 5 years.

If you want to have your antique jewelry appraised, our team of professional appraisers and qualified gemologists is ready to provide assistance in different type of appraisals, according to your needs. Just schedule an appointment and we’ll take care of the rest!

Photo credit: Pixabay.com, user: JamesDeMer

The History And Connection Between Diamonds And Engagement Rings

diamond engagement ring history

Engagement rings are common now a days, offering such a special ring is considered to be one of the biggest and most awaited steps in a relationship. In fact, the custom of offering engagement rings is older than you might think, the only difference is diamonds were not the top choice gemstone for this matter.

History of Engagement Rings

Engagement ring history starts from  2nd century  BC, Pliny the Elder notes in his writings that it is custom for the Roman groom to give the bride a gold ring, to be worn at the marriage ceremony and at special events and and iron ring to wear at home. Rings didn’t have a romantic connotation back then, as they were symbols for a woman belonging to a man.

Meanwhile, in Asia, a hundred years later, sultans  and sheiks use puzzle rings to “tag” each of their wives. Just imagine, how many rings a sultan had to buy…

Engagement rings became more and more important over the years, but sadly, just for the women, as it was common practice in Medieval England for men to give girls rings made of rush. Of course, they wouldn’t marry them afterwards, and that’s why the bishop of Salisbury puts an end to this practice by declaring a marriage made with a rush ring as legally-binding.

One of the first recorded uses of a diamond engagement ring dates from 1477, when the Archduke Maximilian of Austria proposes to Mary of Burgundy with a personalized diamond ring. Thin, flat, diamond pieces were set in the shape of the letter M. 2 years earlier, Constanzo Sforza gave his bride, Camilla d’Aragona a diamond ring on their wedding day. Naturally, only royalties and wealthy noblemen were able to afford the luxury of giving diamond rings as engagement presents.

During the Renaissance, engagement rings are becoming more and more important and their design is also part of their charm, aside from the gemstones. Twin rings were very popular back then, as they were composed of two hoops that slid open to reveal love emblems and inscriptions. Twin rings evolved into faith rings, in which two clasped hands holding a diamond heart represented the unity of love. This romantic purpose of engagement rings was something rather common in Europe, but not across the Atlantic Ocean. Puritans gave their wives useful thimbles instead of rings, but the wives had something else in mind and they cut off the thimbles’ tops and wore them as rings anyway.

After the 17th century, there was again a shift to the gemstones as opposed to the setting for engagement rings, and diamonds were a more and more popular choice, as new gemstones were found during minings in South America.

Queen Victoria played an important part in the popularization of diamonds, as she had a real passion for sentimental jewels. She received an enamel band set with a single diamond as a gift of love from Albert and even her engagement ring was a serpent, ,the ancient symbol of protection and eternity. Victorians often used to make jewelry out of flocks of human hair (usually form beloved ones) and gemstones to spell out names or terms of endearment.

After the discovery of diamonds in South Africa in 1867, there was a sudden increase in diamond supply, and this lead to even more diamond jewelry and engagement rings, from here starts the history of diamond engagement rings .Cutting techniques allowed diamonds to look perfect and shine brightly in necklaces, bracelets, tiaras and rings. Tiffany & Co. introduces in 1886 the Tiffany setting, a special setting dezigned to maximizie the brilliance and the quality of a diamond. Up to now a days, Tiffany & Co. engagement rings are still the first choice for many brides-to be.

In the last decade of the 19th century, diamond rings were finally not only for the wealthiest people of the world, as they even appeared in mail-order catalogs. Of course, these were affordable, and didn’t have high quality standards, but still, brides were able to dream about having a diamond on their finger.

One of the traditional wedding rings in France, even today is the Cartier Trinity Ring, which has pink gold, white gold and yellow gold hoops intertwined.

In 1920, manufacturers and jewelers tried to sell engagement rings for men. This was a big flop, as men don’t seem to eager to wear them. Only in the 1940’s men started to wear wedding rings too, one them being famous actor Humphrey Bogart at his fifth and final wedding to actress Lauren Bacall.

By the 21st century, a more then third of couples buying diamond engagement rings are saving up at least two months’ worth of a salary to spend on them.

Engagement rings have established their position as symbols of love and faith, which gives them a sentimental value along with the financial one, and that’s why it’s important to treat them as a real investment. AGI New York provides a whole range of services, from diamond appraisals, certifications and insurance, so that our clients can benefit from diamond engagement rings on the long term. Scheduling an appointment is easy, you just need to contact us or pay us a visit and our gemologists will take care of the rest.

Photo Credit: Pixbay.com, user: BurningWell

Finding Best Gold Dealers to Sell Your Gold

gold dealers

Once you decide to sell gold which is either broken or unwanted, the first thing you have to do is find the best gold dealer. The best gold dealers are the ones who are willing to pay you according to the market price of the gold. Here are a few tips to find the right dealer to sell your gold:

.

Be Careful About Sharing You Info

  • The best gold dealers will never ask for your personal information when you sell gold.
  • It is important that you stay alert about what type of information the dealer is asking.
  • If a gold dealer asks you about your credit card number or social security number then it is most probably a scam.

Determine The Gold Value

  • Nowadays, there are significantly more buyers in the market, both local and online.
  • Determine the value of the gold you are selling.
  • Go with the buyer who offers to buy your gold as per the current gold price.

Faster Turnaround

  • You must determine how the gold dealer is going to handle your gold.
  • A good dealer will handle your gold in a proper manner and will let you know about the entire procedure.
  • The best gold dealers are the ones who upon receiving the gold from you, process the order immediately within 24 hours.

Ask For Their License

  • It is very important that you ask the gold dealer for their license. This will indicate that the dealer is authentic and safe.
  • Gold dealers having a license from groups like Jewelers Vigilance Committee, American Numismatic Association or other such groups, are generally deemed safe to deal with.
  • Another thing to look out for is whether they are accredited members of any local gold bureau.

Check For Any Complaints Made Against Them

  • When you have selected a gold dealer to sell your gold to, the one thing you must also check before finalizing the deal is whether they have any complaints made against them in the past.
  • Check with your local gold bureau through which you can determine the authenticity of the gold dealer.
  • You can also find out if any customer/seller has made any complaints against them.

Have a Look at Your Gold Dealer’s Website

  • One more way to get further information about the gold dealer is going through their website.
  • An authentic website usually explains the entire process and methods they use to buy and sell gold.
  • It shows the proper address and contact number of the company so that you can be sure it has a valid office and it is not a scam.
  • They post prices of different types of gold and the current rates of the market.
  • Furthermore, they also offer their customers some kind of guarantee.

 

These guidelines will assist you in making the gold dealer selection easily. You will be able to find a dealer who will provide you with best possible service and price you can imagine. Selling your gold can be a good experience if you have conducted proper research about the industry, your gold, and gold dealers. For more info you visit Best NYC Buyers.