Melting Down Gold To Sell

If a piece of gold jewelry is labeled as having less than 24 karats e g.

Melting down gold to sell.

People are melting down valuables to profit from the booming value of gold. Pure gold is 24 karats and has a melting point of 1 940 degrees fahrenheit. Try melting down gold in a 1200 watt microwave. If you have a piece of jewelry with a 10k gold plating it s not going to fetch much at all when the actual amount of gold is figure out for melting down.

You can melt scrap gold at home to purify it using a few specialized tools and some common materials you can purchase at your local hardware store. Before you mail your gold away you may want to determine for yourself what the melt value the market value of the gold contained within the piece should be. If you need to sell off gold quickly you don t want to find yourself haggling over the value of dental fixtures. The gold value is calculated based on the total amount of actual gold content not including any other metals used if the gold is an alloy.

You could try to make an ingot out of it or another shape like a gold bar. Covid 19 company notice with the easing of wa s covid 19 restrictions the perth mint is pleased to advise that its luxury jewellery coin and giftware showrooms have re opened to the public from 9am to 5pm monday to friday. The calculator also allows you to change the currency and the gold spot price. If you are looking to buy or sell gold then it can be helpful to enter a profit loss percentage.

To use the gold calculator simply select the weight unit select the gold purity enter the weight of your gold item and then click the calculate button. Bullion sales and buyback services have resumed in our bullion trading room the perth mint exhibition café and corporate functions business will remain closed until. Before you take your gold anywhere and look for reputable places to sell your gold sort it out by karat if you know it and figure out which pieces are only coated with gold and which. Perhaps you want to sell it in a new form.

Gold buyers and others ask you to send your scrap gold pieces to them for analysis. You need to decide what you are going to do with the melted gold. The scrap gold melt value calculator available below can figure the total gold value of scrap gold items measured by the weight unit of your choice.