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As a gold-buying company, our focus is on purchasing gold from individuals and businesses who wish to sell their unwanted or unused gold items. We understand that gold can hold sentimental value and may have been passed down from generation to generation, which is why we recommend that all pieces sent in hold no sentimental value. At our company, we offer a fair price for your gold items based on current market values.
We carefully evaluate each item to determine its purity and weight, and then provide an offer that reflects its true value. We pride ourselves on providing a transparent and trustworthy process, ensuring that our customers feel comfortable and confident in selling their gold to us. But what do gold buyers do with the gold that they’ve purchased? This question may be posed often by those who are undergoing the cash-for-gold process. To make the process more publicly known, the expert jewelry buyers at GoldFellow offer insight here! Here you will learn what happens after selling jewelry online and why you should choose our gold buyers.
What Happens When You Sell Old Gold Jewelry?
As a gold-buying company that melts down jewelry, when we purchase gold from our clients, we carefully assess its purity and weight to determine its value based on the current market price of gold. We always want to ensure and stress to our clients that you sell old jewelry that has no sentimental value to them, their family, or possibly their friends. Once we have assessed the gold's value, we make an offer to the client based on the current market price. If the client accepts our offer, we proceed to melt down the gold jewelry.
We use specialized equipment and techniques to extract pure gold from the jewelry, separating it from any other metals or materials. The gold is then melted down into a bar or other shape suitable for refining. We carefully track the entire process to ensure that we are providing our customers with the best possible value for their gold items. But what do gold buyers do with gold that they’ve purchased, they melt down jewelry as stated above, but what happens next? They turn old gold into new jewelry!
Melting Jewelry for Gold and Making Something New
What do gold buyers do with gold? The part of the gold buyer ends when they melt gold jewelry and extract the usable precious metals, but for the jewelry, it is just the beginning of the road. Once the gold has been melted down and refined, it can be used to create new jewelry. The refined gold is typically cast into molds of the desired shape, such as a ring or a pendant. The cast gold piece is then cleaned and polished to give it a smooth and shiny finish. Depending on the design, the gold may be further embellished with gemstones, engravings, or other decorative elements.
Gold is typically alloyed with other metals, such as copper or silver, to increase its strength and durability. The specific alloy used will depend on the desired color and properties of the finished piece. The new jewelry may be created by a jeweler or jewelry manufacturer, who will use the cast gold piece as the foundation for the design. The jeweler may use a variety of techniques, such as soldering, welding, or riveting, to attach additional components to the gold piece and create the finished product. By using recycled gold from melted-down jewelry, jewelers can reduce their environmental impact and support sustainable and responsible mining practices.
The resulting jewelry is not only beautiful and durable but also carries a positive environmental and social impact. When you melt gold and make jewelry you are recycling the materials from undesired pieces and can make each piece crafted by this method a “green one”.
Selling Jewelry Online to Our Professionals
When it comes to places to sell jewelry online, there is no better choice than GoldFellow! If you have old, unwanted gold jewelry that holds no sentimental value for you, let our expert team of gold buyers help you turn it into cash through our best-in-class process for when you sell gold jewelry online! We offer the best prices for your older pieces, ensuring a fair payout for your items. If you have any questions about the process or how we determine pricing for your gold pieces, our team of professionals is always available to help so feel free to reach out to our gold buyers.
We take pride in providing top-notch customer service and making the selling process as easy and straightforward as possible. For those looking to learn more about the jewelry industry and how to sell their gold jewelry online, our expert jewelry buyer's blog offers insider tips and insights. We're here to help you make informed decisions when selling your gold jewelry or other items made of precious metals. Don't wait any longer to get paid quickly and fairly by our team of jewelry-buying experts. Get started today!
