New Delhi. Many times it happens that suddenly there is a need for money and at that time our jewelery is very useful. Many people opt to sell their gold jewelery when they are in need of emergency cash. Currently, due to the corona epidemic, the number of such people has increased, because many people are facing financial difficulties due to job loss or business closure. Meanwhile, if you are also planning to sell your gold jewellery, then we are telling you how you can get better price.
Check correct weight and carat
Before selling the jewellery, know its exact weight and purity of gold. For this it is always better to take the receipt of the jewelry. If you do not have a receipt or it is not mentioned on the receipt, it is better to find it out first. You can approach jewelers with carat meters. To confirm this, it would be advisable to check with two or more jewelers.
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If you are not sure about the purity of the jewelry, you can get it checked by a jeweler with one or more carat meters. Hallmarking of jewelery establishes its purity and the buyer will always like such jewellery. If the jewelery is hallmarked, it becomes easier as the carat is mentioned on the hallmarked stamp.
choose the right buyer
Try to sell your jewelery where you bought it. Some shops have a policy that they will buy back only those jewelery which were sold by them. It is always better to go for a jeweler of a reputed brand.
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talk to multiple jewelers
Before arriving at the final price, the jeweler may deduct a certain percentage of the weight as waste. Before selling, check the waste that the jeweler can calculate. Sometimes, a jeweler can deduct money for up to 20% wastage. If the jewelry has stones, then they can count for more wastage. In case of making charges, you will not get back the money that you would have paid while buying the jewellery.
What are the experts saying?
According to experts, if you are selling jewelery worth more than Rs 10,000, then the jeweler can pay only through cheque. Therefore, it should be ensured that the jeweler will be able to service the payment by check. Also, beware of any such shops and buyers of gold who often take advantage of themselves by giving wrong advice. So it would be better if you go to a jeweler of a reputed brand.