The Value of Gold Jewelry

There are many reasons for one wanting to know how to sell gold jewelry that you own because it is unused or you need cash to meet a crisis. The reasons may vary, they say knowledge is key and hence one has to know the answer to the question, how to worth gold jewelry? It could be done by a professionally qualified gold merchant who is licensed or by yourself at home using a standard formula.

There are many reasons for one wanting to know how to sell gold jewelry that you own because it is unused or you need cash to meet a crisis. The reasons may vary, they say knowledge is key and hence one has to know the answer to the question, how to worth gold jewelry? It could be done by a professionally qualified gold merchant who is licensed or by yourself at home using a standard formula.

Equation for calculating gold jewelry value:

If there is an engraving as 24 karat it implies that the gold is 100% pure. The value can be anything among 8 and 24. This value has to be noted and divd by 24 to get a purity ratio in percentage.

The scales will generally have the weight of the jewelry, but most of us do not have the habit of maintaining them. So, the weight has to be calculated accurately using a weighing machine that is calibrated properly. It has to be noted down accurately in grams.

The weight of the gold has to be multiplied to the purity ratio obtained in the first step to get a value. This value then has to be divided by using 31.103. This is grams per troy ounce, which is a readily readily available common number.

As gold is traded in the market place as a commodity, the rate keeps going up and down. The rate of the latest date could be taken from financial newspapers or from Net and multiplied with the previously obtained value to get the value of the jewelry. More care should be taken to remove the stones or any other decorative items used in the jewelry before weighing them.

To be precise, given the situation, there are possibilities that the merchant will try to price the gold at a less price, so it is always better to be aware of the ways to calculate it. Additional valuing at home also gives a provision to cross verify if the value given by the merchant is appropriate.

Searching for where to sell gold? Stick with my articles and I won’t lead you astray.

A Few Pointers Before Buying Luxury Watches

There are different luxury watches to choose from. Sometimes, they are only sold to specific locations. That is why the internet is the fastest way to do a purchase. Coupled with a little precaution, buyers can shop anywhere they like.

[I:http://nahlahussain.com/wp-content/uploads/2012/02/WilliamDavidHenry19.jpg]There are different luxury watches to choose from. Sometimes, they are only sold to specific locations. That is why the internet is the fastest way to do a purchase. Coupled with a little precaution, buyers can shop anywhere they like.

Yet with scams plaguing the internet, one can not be sure if he is guaranteed authenticity both in the product and the credibility of the dealer. First time buyers may fall prey to unauthorized dealers that would offer low prices for fake watches. Buyers should be on the lookout for these scams.

In order not to get into this situation, one should take note of these steps. Always check if the watch has a manufacturer’s number. These separate the fake from the original.

Visiting the brand’s website is necessary. They offer a list of authorized dealers. From there, buyers can double check with the specific site they are on.

In addition, knowledge of real models is very important. Catalogues, websites, and other displays provide material for familiarization. Orienting oneself with the brand’s parts will help spot the fake.

It is easy to know if a watch is real or not. One can look at the the bracelet and other features. Some obvious imitations have broken dials and smudged serial numbers. Other parts like bracelets and clasps may look different from the original.

Always look for the signed manufacturers’ warranty when purchasing a watch. This is the best way to know of the validity. Know that if one does not have the guarantee documents, he cannot avail of the warranty from the manufacturer.

It is always important to make sure that the distributor is credible enough when purchasing luxury watches. Never forget to research the company’s history and with the Better Business Bureau’s website. Remember to choose a company that has been trusted over the years to provide product satisfaction.

Looking to find details online for authentic watches? Then visit WorldOfLuxuryus.com and you will learn about even designer watches!