Is Your Gold Genuine?
When I thought I need to sell gold jewelry, I wondered if my gold was real, and I began a search for a way to figure out if my gold jewelry was genuine. I didn’t have time search all over the city taking all of my gold to different jewelry stores to have it evaluated. I was thinking about selling my gold jewelry for a little extra cash, so I needed to be sure if it was genuine before I bothered trying to part with it.
Have you ever heard of the magnet test? You won’t have to run to the hardware store for this test.
The first and simplest test that you can do is the magnet test. Exactly how does the magnet test work? Gold and other precious metals simply are not attracted to magnets. But be careful with this test. Not all fake gold jewelry will be attracted to magnets.
If you don’t have a magnet or are not sure how to find one, check in your kitchen. Do you have some refrigerator magnets? Most people do and this type of magnet should work just fine. But look for the bigger ones. The flat plastic type may not be strong enough.
Have you ever heard of the hallmarking of jewelry? It’s simple and easy to find, but you need to know exactly what to look for.
Hallmarking is generally found in the form of the karat stamp in gold jewelry. This type of modern hallmarking is generally the same in the US and the UK. Most likely you will find a 14K or 18K stamp on the inside of rings and on the post of earrings. Some of the European marks are very different. They are typically a numeric marking indicating the purity of the gold.
Hallmarking generally relate to the purity of the gold that you have. For example, 14k gold is 58 percent gold. How do I know that? Just take 14 divided by 24 and you get .583. Move the decimal place by two points and you have the percentage of 58%.
Selling gold jewelry is easy if you choose the right type of gold buyer for your jewelry.