Sell Gold Near Me
Do you have old gold jewelry or gold coins scrap that you’d like to get rid of? Perhaps it’s spring cleaning, cleansing after a breakup or you want to take advantage of the recent historically high gold prices.
What is the best way to get cash for gold?
Cash is king, and your gold is worth serious cash. Sell it to a local Spring Hill business that specializes in buying gold and pays you top dollar in cash.
What To Know Before You Sell Gold
What do the symbols on gold jewelry mean? How do you identify gold markings?
There are the carat markings on gold jewelry, and the purity of gold they represent. This stamp is typically either a carat number, such as 18K, or 12K, in the shape of a rectangle with the corners cut off, and with a number inside. These are the meaning of those numbers:
999 = 24 karat, 99.9% gold
990 = 22 karat, 99% gold
916 = 22 karat, 91.6% gold
750 = 18 karat, 75% gold
585 = 14 karat, 58.5% gold
375 = 9 carat, 37.5% gold
How to tell if gold is real
First and foremost check for a stamp. A real gold item will have a purity marking on the back or inside.
How to tell if gold is real with a lighter. Hold your gold jewelry or coin to the steady flame of a lighter or oven (but not a very high heat, like a blow torch). Real gold will get bright hot after a while, but will not darken. Fake gold will darken or otherwise change color when exposed to fire. Also, if the piece is gold-plated (covered with gold, but made of other metals inside), the thin gold plating will melt, revealing the inner metal.
Test your gold with a magnet. Gold is not magnetic. Using an extra-strong magnet (you can get one from the hardware store), see if your gold jewelry is attracted to the magnet. One side note, sometimes a real-gold bracelet or necklace will have a clasp that is not made of real gold, and will be drawn to the magnet, while the rest of the item will not.
Float test. Real gold will not float, and will not rust. Drop your gold into a glass of water. If it floats, it’s fake.
Skin test. Real gold jewelry will not turn your skin black or green.
Bring it in.
Ready to sell your gold?
How to sell gold jewelry
Gold jewelry that is by a major brand like Tiffany or Cartier can be sold to a gold buyer at a premium because of its brand name. Most gold jewelry, however, is likely to be melted down for scrap based on its weight and carat.
How much is gold worth?
The resale value of your gold is based on the current market price of gold, see our gold price chart below, but takes several other factors into consideration. The higher the percentage of gold in your jewelry or coin, the higher the resale value. Make sure you see our gold price chart below for the most up to date gold prices.
Gold is measured in karats, with 24-karat being the purest gold, which has the highest gold melt value. Unless you have gold bullion or another form of pure gold, your gold item is mixed with other metals and alloys.
How much is 24k gold worth?
24k gold is the purest form of gold that one can find. As such, you’ll get more money for 24k gold than for any other kind, such as 18k or 14k.
How to find the value of your 24k gold:
- Look up the current spot price of gold in grams
- Weigh your 24k gold (in grams)
- Multiply the weight of your 24k gold by the current spot price of gold
How much is 18k gold worth?
18k gold consists of 75% gold and 25% some other metal. Since it is less pure than 24k gold, you’ll get less money for an item that is 18k gold than one that is 24k gold.
How to find the value of your 18k gold:
- Look of the current spot price of gold in grams
- Weigh your 18k gold (in grams) and multiply that number by 0.75. This number is how much pure gold you have.
- Multiply that number with the current spot price of gold.
How much is white gold worth?
White gold is an alloy that consists of gold mixed with one or multiple other metals, such as nickel. Because of this, there is no such thing as 24k white gold. But since it contains at least some gold, white gold will still be valuable. 18k white gold is usually worth about the same as 18k gold. The same is true when comparing 14k white gold against 14k gold.
How much is 18k white gold worth?
18k white gold contains 75% gold.
How to find the value of your 18k white gold:
- Look up the current spot price of gold.
- Weight your 18k white gold (in grams) and multiply that number by 0.75 to determine how much pure gold is in the item.
- Multiply the number above with the current spot price of gold to determine how much it is worth.
How much is 14k white gold worth?
14k white gold contains 58.3% gold. Because gold is a soft metal, and 14k gold has less gold in it, you’ll typically find that 14k white gold will be sturdier than 18k white gold.
How to find the value of your 14k white gold:
- Look up the current spot price of gold.
- Weight your 14k white gold (in grams) and multiply that number by 0.583 to determine how much pure gold is in the item.
- Multiply the number above with the current spot price of gold to determine how much it is worth.
Is rose gold worth anything?
Rose gold is an alloy of gold and another metal, usually copper. Copper gives it its unique coloring. Sometimes rose gold will also contain a small percentage (2.5-5%) of silver in addition to copper.
With this in mind, rose gold is worth as much as however much gold it contains. 18K rose gold and 14k rose gold have the same gold content as 18k gold and 14k gold, respectively.
How to find rose gold’s worth?
As with regular gold, how much your rose gold is worth will depend on its karat.
18k rose gold contains 75% gold. To determine how much your 18k rose gold is worth, just find its weight in grams and multiply that by 0.75. Then, multiply that number by the current spot price of gold.
14k rose gold contains 58.3% gold. To figure out how much your 14k rose gold is worth, find its weight in grams and multiply that weight by 0.583. Then multiply that number by the current spot price of gold.
Gold Price Chart
We Buy More Than Gold
How To Sell Gold Jewelry
Whether you are asking: where to sell gold near me, or where to buy gold near me, Vermillion Enterprises is the answer. Vermillion Enterprises has been the premier store for the gold needs of Florida’s Gulf Coast residents.
Sell Gold Near Me In Spring Hill
Gold Buyer Hours
- Monday: 10AM – 5PM
- Tuesday: 10AM – 5PM
- Wednesday: 10AM – 5PM
- Thursday: 10AM – 5PM
- Friday: 10AM – 5PM
- Saturday: 10AM – 4PM
We are conveniently located one block off of Route 19 in Spring Hill, Florida.
Cash For Gold Services For Spring Hill, Hudson, Inverness, and surrounding Gulf Coast areas. Click here for directions.