Gold prices are still near historic highs — and that’s why it’s a great time to sell your gold. But first you’ll have to figure out how much your gold is worth.
Liberty Coin & Currency helps people with fair and accurate gold evaluations every day. Evaluating gold is a fairly simple process. But these are the three main things that you’ll need to know before you have anyone estimate the value of your gold.
1. How much does my gold weigh? Gold is measured in Troy ounces or grams. It’s pretty easy to determine this yourself. The next question, however, is where an expert opinion can really help.
2. How pure is my gold? Because gold is a soft metal, it’s often mixed with other metals to increase its strength and durability. This mixture is measured by karats. The more karats in your piece, the higher the concentration of gold (and the higher the value). For example, 24 karat gold is close to 100% pure gold, while 18 karat gold is 75% gold and 25% other metals.
Some unscrupulous dealers will weigh all your jewelry together and pay you at the lowest karat value. Experts at Liberty Coin & Currency will sort your valuables when you come in — so you know you’re getting a fair deal.
3. How much is my gold worth? You know the purity of your gold and how much it weighs. Now, you can calculate its worth on the open market. Make sure to check the price of gold before you get an evaluation, so that you have an idea of what your gold is worth.
Now of course you can try to weigh, assess and determine the value of your gold by yourself, but it’s more reliable to take your gold to a trusted source. Come see the experts at Liberty Coin & Currency in Portland and Vancouver. You’ll get an honest, accurate evaluation — with no strings attached — of how much your gold is really worth. With your estimate in hand, you can decide if now really is the time to sell.