Do you think you have a piece of jewellery that is valuable? Maybe you want to sell gold jewellery? Well, then we are glad you arrived here. If you’re going to sell gold for quick cash, checking the hallmark helps. But what is the hallmark, and how do you spot one. Stay a while longer and read on.
WHAT IS THE JEWELLERY HALLMARK?
The stamp refers the purity of the gold used in that piece. This can range from 37.5% pure to 75% depending on the design
Before being allowed to sell on the market, gold jewellery, has to go through an examining process to determine the purity has been made correctly. Once completed, the hallmarks are applied. Therefore, when you buy jewellery the hallmark indicates that you are paying the right price for the precious metal in the piece.
Another helpful thing in your case as you want to sell your jewellery it helps the gold buyer to provide you with a value on the gold to buy it back from you.
WHERE TO SPOT THE HALLMARK ON GOLD JEWELLERY
The first place you can spot the hallmark on a ring is inside the band or on a clasp of a necklace or bracelet. You can find hallmarks stamped with 9k or 375. This means your jewellery is 37.5% (nine carats of gold) pure gold with 62.5% made up of alloy to make it durable.
The same applies when you see the number 14k or 585, which shows the piece has 14 karat gold. Hence, the jewellery consists of 58.5% gold with 41.5% alloy. Therefore, for your jewellery to be 99.9% gold, it will have a stamp with the number 24k.
Sometimes you find a makers mark added to the hallmark on a ring. For example, when you look at a ring, the maker’s mark is different from the hallmark number. Thus, it can look like a logo or a signature.
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If you notice only a maker’s mark without the hallmark, determining the purity of the precious metal becomes more complicated. Luckily, a gold buyer can help determine what precious metals in the piece.
SELL YOUR GOLD JEWELLERY TODAY
Now, that you know how to identify the hallmark. The next step is to find a trustworthy dealer near you to sell gold jewellery for fast cash. Great, but what if I cannot see the hallmark?
There is no need to stress a gold dealer will help appraise your gold pieces using technology such as XRF or Acids. Whether you have an engagement ring, gold necklace, or bracelet, a gold buyer will evaluate it to present you with the best buyback price.
It does not matter if your gold jewellery pieces are broken. You can still sell it to a gold buyer as scrap gold. So, why waste time, grab that valuable piece of jewellery sitting in the drawer and head out to a local gold dealer to get an offer on your gold today.