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How to Sell Scrap 18k Gold

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Summary: When evaluating scrap gold at home, 18-karat gold is the highest amount that most people might have in their homes. Find out how to sell gold to a reseller for cash with help from a registered financial consultant in this free video on selling scrap gold.

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By Patrick Munro
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Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more

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margaret42 said

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on 7/6/2009 I recommend checking out the Silver and Gold Exchange when selling scrap gold or silver. I did a LOT of research before selling and found they pay more than anyone else I could find. Best of all they have a live price chart showing exactly what they pay for various karats of gold and different forms of silver at http://SilverAndGoldExchange.com

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Video Transcript

"This is Financial Advisor Patrick Munro talking about how to sell scrap 18K gold. In this economy, as the government continues to print more and more money trying to solve the economic crisis, the value of the dollar is going down significantly. One thing that goes up in inverse proportion to that is the value of gold. Gold is now at a position where it's approaching a thousand dollars an ounce. If you have a scrap gold around your home, take a look at the gold that you do have and segregate it. There are different carat weights; most notably 18 karat gold is the highest amount that most people carry in their home as opposed to ten karat gold which is a, although stronger; less valuable. Of course there is 24 karat gold; although rare; it's a deeper richer color and it's a, a normally more valued. But most people bench mark at the 18 karat category. If you have this type of gold you can package it up with a reseller and once they assay the true weight of the gold; they will compensate you in cash and this is a great way to sell scrap 18 karat gold for a dollars. This is Financial Advisor Patrick Munro on how to sell scrap 18 karat gold."

eHow Article: How to Sell Scrap 18k Gold

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