Replica Rolex Two Tone Watches to make a profit

If youve been thinking about the money you can make if you sell gold Replica Rolex Two Tone Watches and coins you no longer want or need, you arent alone. With the price of gold at year record levels, selling gold to make some extra money has become quite popular.The problem is that most individuals dont really know a lot about gold or how to sell it so they may end up getting ripped off when they sell. Do not go to a pawnshop or a gold buyer to sell gold without first learning how gold is bought and sold, how to estimate the value of your gold and how to determine what the current price of gold is. It easy to do the conversion: 1 pennyweight equals .05 troy ounces.Gold is measured by troy ounce for pure, unalloyed gold. This is the 24K gold you often hear about but seldom see because pure gold is too soft to use for jewelry or coins. Most gold in the United States contains some other metals such as silver, nickel and other alloys. To determine the value of your gold, youll first have to determine if it is 10K, 14K or 18K. Most jewelry is made with 14K gold, although many class rings and inexpensive pieces of jewelry are made with 10K gold. Jewelry that was purchased in Europe is usually 18K; it will be slightly softer and have a brighter, more yellow appearance.Next you will need to check the gold index to find out what gold is currently selling for.Replica Rolex Two Tone Watches You can do an Internet search to find the current price of gold or check with the many investment Web sites now available. Keep in mind that the price listed for gold is for pure gold so when you sell gold you wont get that price per troy ounce for a few reasons.First, the person or company who buys your gold will either resell it to make a profit, or invest in melting it down and reusing it. Second, unless you have 24K gold bars or bullion, your gold isnt worth the current price. 10K gold is worth 41 percent or less than half the price of pure gold. 14K gold is worth 58.3 percent and 18K is worth 75 percent. To get the current market value of your gold, simply multiply the current price by the percentage given Replica Rolex Two Tone Watches.