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Tips for Getting Cash for Your Gold

Cash for gold in New York City sounds like a straightforward exchange, but there are several factors that you should understand about the process of selling your gold. In order to make sure that you are paid a fair price, you must know a little bit about karats, weight systems, and who to sell to. Keep reading for a few tips for getting cash for your gold.

Understand Karats

Purer gold is typically valued at a greater price than gold that is combined with other metals, and karats are used to describe gold’s composition. A karat itself represents 1/24 of gold by weight, and if a piece of jewelry has less than 10 karats, it cannot legally be labeled “gold jewelry.” A 10-karat piece of jewelry will be made up of 10 parts gold to 14 parts of other metals that give the item color and durability.

Recognize Systems of Weight

Someone who is willing to buy your gold, like a pawn shop or a jeweler, will likely weigh your gold in a specialized manner. Although you may think of an ounce as 28 grams, there are 31.1 grams in a troy ounce, which is the unit of measurement used to weigh gold. You should also familiarize yourself with the pennyweight system—one pennyweight is equal to 1/20 of a troy ounce—before attempting to sell your gold so that you can more easily communicate with the gold buyer.

Choose Your Buyer

Make sure that your appraisals are accurate and that your business is done fairly by seeking a reputable gold buyer. Pawn shops such as Gem Pawnbrokers are prepared to offer competitive prices as well as legitimate customer service, both of which help to facilitate a fair transaction that leaves both parties satisfied.

For more tips for getting cash for your gold, contact Gem Pawnbrokers or visit our website. We are happy to serve the New York City area with a variety of pawn services including jewelry and estate buying. Feel free to call us at (718) 619-4192 or stop by one of our pawn shops and meet with us to find out more about what we can do for you today.

Determining the Value of Gold

It is not uncommon for pawn shops in New York City to offer cash for gold, but do not expect to leave with much if your gold is not real. Watch this video for help in determining the value of your gold.

When inspecting a gold item, look for some sort of marking that may describe the karat value of the item; gold pieces that were made in America tend to have them. Keep in mind that real gold is heavier and denser than fake gold, and green or black spots throughout the item indicate artificiality.

Gem Pawnbrokers’ pawn shops are happy to serve the New York City area with a variety of pawn services. As gold buyers, we are happy to take a look at your gold and determine what it is worth. Feel free to visit our website or give us a call at (718) 619-4192 to find out more about our pawn shop.

How We Can Help You Cope with Financial Emergencies

Financial emergencies happen to nearly everyone at least once in their lives, and are often unpreventable. Whether you're facing an unforeseen medical expense, a traffic fine, or just scraping up enough to pay the power bill after an unexpected layoff, we at Gem Pawnbrokers can help.

We give cash for gold if you're looking to sell, but we can also loan money in exchange for a variety of items of value. Whether you want to sell an unneeded watch or pawn a set of musical instruments, we can help you make ends meet until life goes back to normal.

Visit our website, call us at (718) 878-4462, or just bring your items in and see us at Gem Pawnbrokers. We'll explain how our pawn shop loans work in detail, and will be happy to give you an offer right away.

Easy Ways to Keep Diamonds Sparkling

As remarkably strong and resilient as diamonds are, they are still susceptible to collecting oil and dirt that makes them lose their sparkle. Whether you received your diamond jewelry as a gift or treated yourself to something special at the pawn shop, following these tips can bring back the glitzy glamour and keep your diamonds shining around the clock.

Clean Your Diamonds

Oils from your skin and the surrounding environment can quickly accumulate on your diamonds. This, in turn, allows dust and dirt to stick to your diamond jewelry. You can remove the dirt and oil from your diamonds by simply soaking them in an ammonia-based cleaner overnight a couple of times per week. Do not, however, use chlorine-based cleansers or anything abrasive, as these can damage a diamond's setting.

Try to Keep Your Hands Off

If you have a habit of playing with your jewelry, breaking that habit can go a long way toward preventing grimy buildup. Most of the oil that accumulates on diamonds comes from the wearer's own fingers. If you don't wear your diamond jewelry daily, store the items in a velvet-lined box or jewelry pouch to prevent dust from settling on them.

Know When to Bring in the Experts

Diamonds in extremely delicate settings and heirloom pieces may not stand up to at-home cleaning methods. While the diamond itself won't be harmed, the metal could break or corrode. Many pawn shops and jewelers offer professional cleaning services for a nominal fee. Remember, it's much better to pay a few dollars and protect your jewelry than to try to do it yourself and destroy a priceless piece.

Whether you're looking to buy diamond jewelry, get cash for gold, or sell a watch, we at Gem Pawnbrokers have you covered. We offer sellers fair prices for items of value and great deals to customers searching for a unique, quality piece. Visit us online to learn more, or call (718) 878-4462 today.

How to Keep Your Guitar Amp Clean

Proper maintenance of your guitar amp can keep it looking new and functioning properly. It’s important to understand, however, what not to do when you go to clean your amp. Watch this video for a good explanation.

As you’ll learn, cleaning a guitar amp isn’t all that difficult or time-consuming, but you do need to take extra caution around all of the electronic components. A can of compressed air, a vacuum hose with a brush attachment, and a damp washcloth are usually all you need to keep your amp in top shape.

At Gem Pawnbrokers, we sell guitar amps and can help you if you are interested in pawning your amp. In addition, we give cash for gold and offer buying services for valuable watches. Visit our pawn shop in Brooklyn today to browse our inventory or sell your valuables. You can also call (718) 878-4462 to learn more.

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