How and where to sell gold ring? Understand everything!

 How and where to sell gold ring? Everyone who gets married expects it to last forever, don't they? But it's not always so! So, when divorce happens, many ex couples think what to do with the ring?

 Or there are still people who want to get rid of a family heirloom ring or get rid of an object that they no longer use and that can earn extra money in their pocket.

 In this post, The Gold Bullion will show you how and where to sell gold rings safely and quickly. Keep with us!

 What are the main types of gold rings?

 There are hundreds of types of wedding rings out there: traditional, wide, straight, concave, with stones, without stones, etc.

 Check out the main types of gold rings below:

 Fine Gold Ring 

This is a very traditional style at weddings; many couples choose this type of gold ring for discretion.

 It is a beautiful, elegant model that looks beautiful in both the man's and the woman's hand.

 Square gold ring

 They are those thicker models, in fact, the real name is "straight plate". They can accompany diamonds and other stones, or they can be smooth.

 It is a very modern style; it is at the top of the preferences of couples, especially women, as this gold ring is very similar to a valuable ring.

 White Gold Wedding Ring

 The tones and textures are other characteristics that can be differentiated in an alliance, it is common to find styles with: Yellow Gold, Rose Gold, Noble Gold and White Gold.

 Some models even mix two types and give an elegant and differentiated look.

 Gold can still be polished, matted or blended. Currently, both are widely used, but matte and blended still occupy the best position in the ranking.

 Currently, the bride and groom can choose from the most surprising styles possible, taking into account not only the model, the color of the gold , but also the presence of gemstones .

 Thick Gold Ring

 When talking about a thick gold band, it can be oval or square style. Currently, the “straight plate” models are the most used, but it is worth remembering that the rounded styles already marked a generation in the past.

 Traditional alliance

 The traditional alliance is the smooth one, which has no major details in its making. It is the most sold model by jewelry stores, and can be thick or thin.

 Anatomical alliance

 The anatomical alliance has a domed inner part, that is, rounded. Many people choose this model when they have a circulation problem, as they are more comfortable.

 Worked alliance

 In addition, there are alliances that are a little more worked, with fillets or reliefs on their surface. Generally, they are worth more than regular alliances.

 What types of shades of Gold?

 There are several shades of gold to make wedding rings and the best known and most commercialized are: yellow, white and rosé. In addition to these, there are other less usual but also existing shades, such as champagne gold, green, red and black. Check out the most used types:

 Yellow gold

 When extracted from nature, gold has a very strong yellow tone, but the presence of silver and copper metal alloys transform this yellow tone, making it softer. Yellow gold sold in 18k content is composed of 75% pure gold (24k) + 25% silver and copper.

 Of the shades, it is perhaps the most classic and appreciated for more traditional weddings or for couples who like to invest in timeless pieces.

 Rose gold

 Its alloy is composed of parts of silver and copper, when a larger amount of copper is added, the color of the gold becomes more pink. Rose gold sold in 18k content is obtained using 75% pure gold (24k) + 25% copper and silver.

 Its romantic and neutral tone is highly sought after by young women who like to get away from the traditional, and they match very well with dark and black skins.

 White gold

 White gold has other white metals in its alloy. The shiny aspects and silver tone are obtained through a procedure called “rhodium plating”, which leaves them with a light, uniform and shiny color. White gold sold in 18k content is composed of 75% pure gold (24k) + 25% silver and palladium.

 It is also the most expensive color, as palladium and rhodium are even nobler metals than gold, super resistant and with superior hardness compared to gold and silver. This makes white gold jewelry higher in value than others.

 The exuberant glow of white gold suits all skin tones and is highly sought after to highlight alliances that carry diamonds or colored gemstones.

 Champagne gold

 A market differential, champagne gold is more discreet and neutral, also found as noble gold. The champagne tone is only achieved through a very specific proportion of alloys developed to obtain the ideal nuances. Therefore, champagne gold can also be considered quite exclusive. Its color is super democratic, as it combines well with other variations of gold and allows for a mix of different jewelry.

 Champagne gold has a unique hue, intermediate between yellow and white gold. More discreet and neutral, perfect for compositions with other gold colors. Its composition when at 18k content is obtained through 75% pure gold (24k) + 25% silver and nickel.


                                                                                      Gold Wedding Ring

 Black gold

Black gold, despite having been around for a long time, was absorbed in jewelry only in the last 5 years. To obtain this shade, the composition is obtained through 75% pure gold (24k) + 25% cobalt.

Adding a thin layer of shiny black dye to the rhodium plating applied to 18K gold pieces, leaving the jewelry with a black or leadgray effect, is not a recommended practice. This causes the pieces to lose color over the years, and they can peel or fade.

How to sell gold ring on the market 

Once you know you really want to get rid of your gold band, it's time to consider a few factors.

1. Type of alliance affects the value

 The value of the ring on the market will depend on the gold content, weight, if it has any precious stones, among other factors. But to be able to identify these characteristics, it is essential to take your gold ring to a professional.

The gold price todaydepends on several factors, including the value of the dollar on the market. So, the price your jewelry is worth depends on many analyzes, which can only be done by experts in the field.

2. Where to sell gold ring

 To sell your gold ring, the first step is to know your possibilities of where to sell gold safely. The options for selling gold and jewelry are:

– Jewellery stores;

– Pawnshops;

– Gold buying companies.

But it is worth remembering that pawnshops usually tend to pay a lower value than the pieces offered are really worth. 

When choosing an establishment, try to verify that it is regulated and that it meets all the necessary requirements for the negotiation of jewelry and valuables.

It's a great way to seek references before making a trade. And for that, here are some important tips: 

·        Look for places that accept dented and/or broken parts , if applicable;

·         Look for a place that has a good location and security so that the negotiation takes place in a private environment, to maintain secrecy and security in the process

·         Offer a no-obligation assessment so you can understand the process without having to sell your ring at the first store.

·         Pay fair and without bureaucracy

We hope these tips will help you understand how and where to sell your gold ring

 Posted by: John Labunski

 

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