What you need to Know about Cash for Gold in Tarrytown, NY

by | Jul 16, 2014 | Jewelry

Cash for gold in Tarrytown, NY is a great way to make money from damaged jewelry or jewelry that you no longer use. In these difficult economic times, it is a good idea to make the most of what you have. Selling gold jewelry for cash may seem straight forward. In reality, there are a lot of factors that come into play that you need to be aware of. The bottom line is that you should be getting the best value out of your jewelry.

Firstly, it is crucial that you understand how gold is weighed for you to be sure that you are getting a fair deal for your jewelry. The value of gold is determined by its weight. Even so, different jewelers will use different measurement standards and scales. Gold in the US is measured by a Troy Ounce, where 28 grams make up an ounce. Where the actual gold measurement is concerned, 31.1 grams will make up one Troy Ounce. Not all dealers however use the same scales or systems for weighing gold as some will use a pennyweight (dwt) instead of measuring the gold in grams.

It is also important that you know about Karats. Pure gold cannot be made into jewelry as it is simply too soft. It therefore has to be used in combination with other metals to achieve color and durability. Any jewelry therefore has to be marked with a karat fineness of the alloy used in the making of the jewelry. By weight, 1/24 of pure gold makes up a karat. For any jewelry to be considered to be gold jewelry, it has to be made up of more than 10 karats. A 14 karat piece means that there are 14 parts gold and 10 parts alloy.

Finally, you should be careful about how the gold is measured especially where the Karats are concerned. It is always a good idea to separate your different Karat pieces before having them weighed. A reputable dealer should never weigh all your jewelry together especially if the different pieces have different Karats. You can only get the best value out of your jewelry by dealing with a reputable buyer. Michael Matthews Jewelers offer the opportunity to get cash for gold in Tarrytown, NY as well as other jewelry related services. These are the kinds of buyers that you should be on the lookout for.


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