How to Sell Your Gold Jewelry

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Many people own gold, either in the sort of old jewellery, ancient gold coins, or gold bullion they bought as an investment. Now is a perfect moment to consider selling gold to raise additional funds, given the recent record high prices for the metal. There are reputable gold dealers who will pay a fair value for your gold jewellery, coins, and other gold holdings, even if the method of selling gold seems complicated. You may have some unused gold jewellery lying around that you may sell to satisfy your financial needs. However, obtaining a price for the gold that is fair might be challenging at times. Make sure you know what your gold is worth and how much you can get for it before selling it. This blog discusses all relevant information regarding gold for sale below. Where to Sell? Finding the ideal place can be challenging if you want to sell your gold. However, it is of the utmost importance to locate one. Find a reputable and authorized gold seller in the market while searching fo

Guidelines on Identifying Hallmarks on Jewellery


For a 
gold buyer in Delhithe purity of the gold should be the prime concern. It is easier to Sell Gold Items to Reliable Buyers when they feel confident that nobody cheats them and ensure they receive a fair price. It will always be suggested to gold buyers to go for the hallmarked gold articles as it confirms the purity of the piece and ensures a better resale value if it requires for selling at a later stage. 

What is Hallmark Gold?  

Hallmarking refers to the process of certifying the purity and fineness of gold. The sign of a certified pure gold article for a gold buyer in Delhi is the BIS hallmark present in the article that certifies the purity factor. It implies that it aligns with the set of standards established by the BIS (Bureau of Indian Standards)—the National Standards Body of India, which bears the responsibility for hallmarking gold and silver jewellery under the BIS Act.

Also Read:-  Selling Gold? here are 5 things you must know

The Hallmarking Process 

Jewellers can obtain a license from the BIS. Once this completes, they can get their jewellery hallmarked from those BIS recognized assaying and hallmarking centres. As a gold buyer in Delhiyou can easily find a list of BIS certified and licensed jewellers from the official BIS website itself. The list is comprehensive and includes the names and addresses of the jewellers, along with how extended their license with BIS is valid. 

The hallmarking process has made it infinitely more accessible for those looking to genuinely receive the required appropriately valued cash for gold in Delhi. Ensure you ask for a breakup of the bill so you can compare the hallmarking charges on the bill to the prices established by the Assay and Hallmarking centres. Remember that as per government regulations, the costs get fixed at 35 per article. 

What to Look for in a Hallmark?

You will find the manufacturer’s stamp close to the hallmark stamp. Hence, a gold buyer in Delhi can identify a genuine gold jewellery piece through these stamps. If you are to Sell Gold Items to a Reliable Buyer, you must be able to prove the purity of your gold through a hallmark. Keep in mind that the only government-approved agency for certifying the purity of gold in India is the Bureau of Indian Standards (BIS). As per BIS guidelines, the four components to look for on the hallmarked jewellery include the following: 


  • The BIS logo; 
  • Karat and fineness (the three levels of karats are 22K916/22 Karat gold or 91.6% purity, 18K750/18 Karat gold or 75% purity and 14K585/14 Karat gold or 58.5% purity); 
  • The logo or number of the hallmarking centre; 
  • Logo or number of that particular jeweller. 

Can Gold Jewellery Be Faked Easily?

Gold can be easily imitated and fashioned into fake jewellery with the metal blends like any other precious metal. In terms of international standards of purity, only jewellery or metal consisting of more than 41.7% or ten karats of gold is usually considered real gold. There has been a long history of gold often counterfeited by the jewellers to deceive their unsuspecting customers. 

As India is one of the highest consumers of gold, it can become challenging to Sell Gold Items to a Reliable Buyer. Hence, it becomes vital to be able to test for the genuineness of gold. Due to gold’s unique properties, it is not too difficult to test for fake gold to ascertain a genuine deal. It will allow you to quickly gain cash for gold in Delhi, with the genuineness certificate helping to ease your agreement. 

How to Distinguish Between Real and Fake Gold?

The primary test for real gold would be to check for the hallmark. Anyone who wants to Sell Gold Items to a Reliable Buyer should prove the purity of the jewellery. Some ingenuine jewellers may impact the gold pieces they sell, but the hallmark will indicate the percentage of gold present in a particular piece. You will find the hallmark printed on the clasps or the inner sides of the jewellery. 

The hallmark is visible on the surface of gold bars and coins. As a gold buyer in Delhi, you must also check the hallmark for the karat or purity. This information could help you establish the final price of the gold piece if you wish to receive a significant amount of cash for gold in Delhi. It is because the gold rates in India usually vary according to the level of purity of the specific piece. 

Also Read:-  How to Sell Your Gold Jewelry

Why Is It Important to Get Your Gold Hallmarked?

Don’t forget that to sell Gold Items to a Reliable Buyer, and hallmarking will serve to standardize the purity of your gold jewellery. It will also help the jewellery and precious metals industry to become more structured and well organized, thus paving the way for genuine and fair deals. It will also contribute towards businesses and customers shifting from the unorganized to the organized jewellery segment. 

Most importantly, customers will get a fair value of cash for gold in Delhi or wherever they want to sell their jewellery with the peace of mind that they do genuine deals under the aegis of certifying agency’s certifications. That is why hallmarking of gold does matter the most.  

 


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