SELL YOUR GOLD FOR BEST PRICE IN LOS ANGELES

GOLD JEWELRY WE BUY

SELL YOUR GOLD SCRAP AND DENTAL SCRAP

The definition of “scrap gold” refers to gold jewelry that is bought as scrap by weight to be melted and recycled into pure gold for resale. The gold value is high enough to offset the cost to recycle and refine it. Making the process worth it. Some items that we buy must contain gold regardless of the condition. The current gold market is high and we buy anything containing gold such as gold chains, coins, school rings, pendants, charms & charm bracelets, rings, gold watches, dental gold, pins, gold ingots, bars, etc. We pay cash for gold no matter what karat or color the gold is. We buy 9 Karat gold, 10 karat gold, 14 karat gold, 18 karat gold, 22 karat gold, and 24 karat gold. Cash paid for any gold jewelry , rose gold, white gold, yellow gold, green gold, any color its all gold and we buy it. Don’t hesitate to sell your gold if you are unsure of the karat or if it is even gold. Let gold buyers of Los Angeles near you make the call. The cash for gold buyers at South Bay Coin will evaluate your pieces and be sure you get the best price for your gold jewelry. If you are not wearing your jewelry, sell your gold for cash today.

How Scrap is Weighed and Measured
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.

Sell Your Scrap Gold and Dental Gold For The Highest Price.
Call (310) 363-7808 for a Free Quote

CASH FOR GOLD MISUNDERSTANDING

You will receive the amount you paid for the jewelry in the retail store.
Gold buyers do not take into account the jewelry design and only are interested in determining the metal content and the purity of the gold. The reason for this is that the jewelry store has marked it up to cover their operating cost and to make a profit. Commonly the markup on jewelry is 3-5 times the value of the gold jewelry or even more in some cases. We are the only company who inspects each piece of gold jewelry we receive and determine if we can resell the item for more than scrap value. If that is the case we will pay more than the actual gold value.

The second most common reason people are confused about is gold watches.
When you are looking for the best place to sell a gold watch or are searching sell my watch for best price. To sell a gold watch near me remember this your watch may be 14k gold with a total weight of 3 ounces and will not equal to your watch equaling 3 ounces of gold. The gold watch has a movement that takes up weight some being thin and some being thick adding to the total weight of the watch. A deduction needs to be made for the movement or it has to be taken apart with your approval to properly evaluate and get the gold value.

If you are searching “who buys gold” or “who buys gold in Los Angeles”? Call us at (310) 363-7808. Our team has many years of gold buying experience and thanks to our reputation as the most trusted and best place to sell gold over the last 4 decades. We are able to go a step further again to pay you the most money for your gold. Making the move to refine the gold ourselves has eliminated the middleman. When it comes to extracting gold and passing the added bonus to our customers. South Bay Coin makes it easy and profitable when your looking “where to sell my gold” Get cash for gold near me today. Be confident in selling your gold jewelry for cash to South Bay Coin and rest assured your cash for gold experience will be fast, professional, profitable, and confidential transaction.

Find out why South Bay Coin is the BEST place to Sell Gold Jewelry and Watches. 
Call (310) 363-7808 for a Free Quote

HOW TO TEST GOLD AT HOME

Precious metals such as gold are manufactured in different karats of gold and colors such as yellow gold, white gold, rose gold and green gold. The gold value or precious metal value is determined on whether the piece of jewelry is plated, gold filled or real gold. Begin by inspecting the piece closely to see if it has any discoloration or worn spots that shows another color under the gold or fading.

Helpful Hints:
Step 1. Look for a Stamp.
A stamp maybe very small is usually located on the inside of the ring or on the clasp on a necklace or bracelet. A simple magnifying glass will help you to identify the mark more clearly. Examples of jewelry that is not real or fake use stamps that say GF which is gold filled, GP gold plated, HGE Heavy gold electroplated. Real gold jewelry in most cases are stamped 10k (.417), 14k (.585), 18k (.750), 22k (.916) or 24K.

Step 2. The Magnet Test.
Real gold is not magnetic, so if the piece of jewelry attaches to the magnet it is not real gold.

Step 3. Using a Ceramic Plate To Test Gold
Simply scrape the ring or piece of jewelry against the plate leaving a line. If the line appears black item is not real gold and is plated or not real.
Our goal is to provide our customers with useful information that will help them best sell gold. The only way to be sure of the gold purity of an item is to have it tested by a professional who has the proper testing solutions or equipment. South Bay Coin will gladly test your items for free and will always be the best place to sell gold. Our gold buying company prides itself in offering and paying the highest cash prices possible in the business when it is time for you to sell gold near me. You will no longer be asking yourself, “where can I sell my gold for best price”? So call South Bay Coin at (310) 363-7808 where we make it easy and convenient to sell your gold jewelry.

GOLD BUYING PRICING CHART

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 shopor 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.