One thing is for sure gold is not trash. You may have old items you want to get rid of and throw away. But then again, old gold jewellery should not be treated the same way, even in tatters. You may think the beaten-up gold is worth nothing. Wrong!

Why Keep Your Scrap Gold

You should keep it a while longer and once you gather all of your scrap gold pieces, sell them to get cash for gold Brisbane. Gold remains a commodity regardless of its current condition. The gold is traded not for its appearance but for its weight.

This means you can buy or sell gold in its current condition. You do not need to be a commodity expert in selling your gold jewellery? All you need to do is visit a local gold buyer that will offer you a reasonable price for your precious metal.

Great, but what is the difference between something more valuable and scrap gold? In rare cases, you may find your scrap gold is not trash and can hold more value than the price of a gram of gold. But your jewellery pieces need to be in good condition and crafted by a high-end name brand.

Or, you have an antique gold piece that grows with value as it ages. These include Victorian-era gold necklaces as the added value transfers to a high sale price. Finally, perhaps you have a rare gold piece like a gold coin that is part of a rare collection and will have a greater value than selling it as scrap gold.

But if you have damaged gold pieces, it is not as bad as you think. While gold jewellery repair can be costly, you may find in rare cases that brokers are willing to fix it, offering you more than the scrap value.

Still, gold buyers are more interested in the gold present in the jewellery than the pieces to resell as a whole. Hence, they will offer you a scrap gold buyback price less than the current gold market price.

Scrap Gold Remains Valuable

If you are unsure if your jewellery is only scrap gold or more valuable, it helps to consult with a professional. Whether it is in perfect shape or if it is scrap, it should never get tossed into the trash. Alternatively, you can take it to a gold buyer to receive cash for gold in Brisbane.

You can turn your scrap gold into cash as a broker will present you with the best scrap gold price. The important thing is to take your broken gold jewellery and pay the gold buyer a visit at the store. The broker will offer you a buyback price under the spot price according to the gold purity and weight.

You can get more quotes from other buyers to compare the best buyback price available. But, on the other hand, you can accept the best offer and walk out of the store with cash in hand. If you prefer receiving money into your bank account, this option is also available.