What's the best way to get the most impressive price for your gold? Is there a specific skill that is needed? A vast array of knowledge? If you are an individual who has chosen to explore the process of accumulating gold nuggets from nature, you’ve worked hard. You don't want all your efforts to be for nothing. It's essential, therefore, that you get the best price for your gold.
Let's explore some of the things you need to know in order to get the best price for your hard -earned gold nuggets.
The Worth of Gold Nuggets
When referring to actual gold nuggets, we are not talking about gold scrap. That's the kind of thing that gets purchased from gold buying kiosks at shopping centers, pawn shops, gold refineries, and more. Rather, we are referring to actual nuggets of gold, likely coaxed from some location in nature (streams, mines, etc.).
This is the kind of gold you find: It can be very large gold nuggets or gold dust procured while prospecting, panning, etc.
How Rare Is It?
Chances are, you will get a premium price if you are lucky enough to actually have, in your possession, an “attractive gold nugget”. Today, most of the gold discovered in days of old has been reused, melted down, etc. It’s becoming harder and harder to find rare gold nuggets. Naturally, your gold nugget will be more desirable and considered rarer, the larger it is.
What Does "Attractive Golden Nugget" Mean?
By the buyer of your gold nugget, shape and beauty will be assessed. But without any attractive shape – if it's just an amorphous blob or a round nugget – you may not get premium price for the nugget (over spot price).
However, you will fetch a premium if your gold nugget is "attractive" or jewelry grade.
Less the cost of smelting, usually sold at normal spot price is flour gold up to 1 gram. Flour gold, often smaller 200 mesh or 74 microns, is found in a low micron size fraction and is ultrafine. To make it cost-effective, you need a reasonable amount of ultrafine gold. However, if jewelry quality, 1 gram of gold nuggets can sell at spot to premium gold prices. That is, unless it is wire gold, leaf gold, or crystalline gold.
A general rule of thumb is that greater premium prices will be offered, the larger the nugget. Of course, you need to look at it from the viewpoint of your buyer. In his or her eyes, what's the value?
No natural gold nugget is 24 karat, 100% gold! Are you surprised to hear that? In the matrix of the nugget, impurities such as iron stone, small bits of quartz, silver, or other metallic content can be contained.
Due to this fact, the weight of the gold nugget won't be a good reflection on the value of 100% gold weight. Keep this in mind when dealing with a gold refinery.
Watch Your Motivation
Try not to be in a hurry to sell your gold. Shop around. Get the best price possible. If you're in a hurry for cash, you may end up taking less than your hard-earned gold nuggets are really worth. This also goes for gold jewelry, scrap, etc.
Where Can You Sell Your Gold Nuggets, Jewelry, Scrap Gold, Etc.?
Whether it's gold nuggets, jewelry, or assorted household items, when you're looking for the best gold prices, you've come to the right place at AGR. We not only treat our customers with honesty and respect, we go one step further – guarantee you the best prices for your gold items. Contact us today for additional information!