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Great Time To Sell Gold in Chicago

Posted By: Ninfa Moseley..

9360695_lWhen you give gold jewelry as a gift, it is a present that will be remembered for a lifetime. Gold jewelry becomes an heirloom that will be cherished. Some people, however, prefer to Sell Gold in Chicago. They think of it more as an investment than a keepsake.

With the recent rise in the price of gold, more and more people are digging out their jewelry in the hopes of making some money. Pieces that have long been tucked away and that are gathering dust are being taken out of the jewelry boxes and shined up for possible profits. Some pieces that were crafted many years ago are showing up at the gold dealers’ counters. These pieces are well made and heavy and will surely bring good prices.

If you have enough pieces to sell and they are 14 or 18 karat in purity, you may get enough cash from them to invest in a very nice luxury item. Maybe you no longer want jewelry. You might use the money to do a project around the home or office. You could even use the money to take a nice vacation. Doing something useful with the profits from the sell of your jewelry is much more reasonable than for the pieces to lay around without any purpose. That is why selling your jewelry is a great alternative.

No one would have ever imagined that gold could go up in value as much as it has over the last several years. Many people made jewelry purchases when the price of gold was very low. With some of the older pieces that are heavier than the newer ones on the market today. Their quality is better, because of the weight of the gold. The newer items do not have as much gold in them due to the cost to make them. For instance, a charm bracelet’s connecting loops are made of hollow rings making it lighter weight, where as older charm bracelets have solid connecting rings that give it weight. For today’s market, jewelers have to offer bracelets that are affordable, therefore they are made lighter. It is worth a try to see if your items are valuable. It might be tempting enough to sell them.

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