Tuesday, September 28, 2010

A Seller's Guide to Cashing in on Your Gold Jewellery

From Tuesday's Globe and Mail

Published Monday, Sep. 27, 2010 7:35PM EDT
Last updated Tuesday, Sep. 28, 2010 6:45AM EDT

Get the picture? It’s a gold rush out there and all these businesses are staking claims in a small patch of ground.
“Everyone is doing cash for gold – it’s all over the place,” said Bosko Kacarevic, a gold bullion dealer who runs Gold Coins Canada in Windsor, Ont.
The problem with selling your gold jewellery for cash is that the buyer’s profit margin depends on paying you as little as possible. Mr. Kacarevic has a few suggestions to help you get the best possible deal, starting with checking the price of gold before you head off to sell your jewellery.
This is easy to do – just head to theglobeandmail.com and scroll down the homepage to where the continuously updated financial market numbers appear (remember that, as with oil, the price is in U.S. dollars). By the way, gold prices are all that matter when you’re selling jewellery for its melt-down value. Craftsmanship and aesthetic value are irrelevant.   LINK...
A little help from the Globe and Mail is always good for business. Thanks Rob.   BK