Cash For Gold Los Angeles
Best Place To Get Cash For Gold Near Me
South Bay Coin of Los Angeles is proud to be the number one and most trusted gold buyer near me cash for gold company for the last four decades. When people are searching gold buyer near me and we always come up fast. That’s because we are the most established and best cash for gold place. There are many reasons to choose us to sell your gold. The main reason is the most important. We pay the highest cash price for your gold jewelry. Join the thousands of satisfied customers who choose us when looking for best place to sell gold. Just give us a call if you have any questions on how the process of selling gold jewelry for cash will will work for you. To sell gold takes no time at all and you can be in and out in 10 minutes. Gather up that old gold and jewelry items and turn it into usable cash today.
Cash For Gold Jewelry
Get Cash For Scrap Gold in Los Angeles
Scrap gold is sold by the weight in troy ounces (1 troy ounce equals 31.1 grams or 20 pennyweight (dwt) a common measurement of how gold is weighed). Explaining it further 1 pennyweight (1 dwt) is equal to 1.55 grams. 1 gram equals .64 pennyweight, 20 pennyweights of gold equals 1 troy ounce. What the purity of scrap gold is will tell you what percentage is made up of real gold and how much other metals contained in piece. For example a 14 karat wedding band contains 58.3% of pure gold (14 divided by 24). An easy way to calculate the purity and karat is to take the karat number of the jewelry item and divide by 24 (24 karat gold). Another example would be an item that is 18 karat (18k) just take (18 divided by 24). Answer 75% of the piece is pure gold. The price of gold today is at all time highs so take advantage of the gold market using our gold jewelry exchange and cash for gold service.
Cash For Gold Price
Gold market prices are based on the New York spot price of gold. The daily gold price is for 24k or pure gold only. Most jewelry is manufactured with a stamp somewhere on the piece of jewelry which shows the gold content or purity or karat. United States and Italy commonly use stamps such as 10K, 14k, 18k. European, Asian and Middle Eastern manufacturers stamp the percentage of gold content on the piece. An example would be a stamp like 417, 585, and 916 stamped on the jewelry. The price breakdown of each karat of gold and how to get the price is determined by the weight of the gold and is measured using grams, pennyweight (dwt), and ounces. At South Bay Gold and Coin Buyers we want to explain how the process works when selling your gold jewelry or used jewelry. When you are looking to sell gold for the best price look to the experts. We buy gold, silver, and platinum for immediate cash. Selling gold to a pawn shop or to pawn gold jewelry will not get you the best price. Their main business is to loan money on jewelry and since the loan is for 4 months they loan half of the gold value or jewelry value. Pawn shops adjust their prices to resell the items where we pay cash for the gold and refine it ourselves. This helps us to pay more. So if you’re looking for fast cash for gold call or visit us today for a free no-obligation quote. Call (310) 363-7808 and we will assist you with any question you may have. We are rated the number one gold buyer in Los Angeles.