How much is my gold worth?
Things to remember:
*24 karat gold is PURE gold. 10k, 14k, 18k, and 22k are made up of gold and additonal alloys.
*The daily price of gold that you may see is based on 24 karat PURE gold.
Gold has skyrocketed in the past five years. The 14k wedding band you bought for $289 in 2007 would be almost $900 today! Since the price of gold has climbed as high as $1,900 per ounce, many people have been cashing in their “old” gold for cash!
We have several customers daily cashing in on their unwanted and/or broken gold jewelry. A common mis-conception with selling gold is that the customer thinks they’re going to get back what they’ve got in the item (retail value). However, when you “sell” your gold you’re actually selling it for “scrap value.” When gold is “scrapped” it is sent to a refinery where it’s cleaned and then recycled into something new.
Here at MacPherson’s Diamonds & Designs we GUARANTEE the best price on your scrap gold. Most jewelry stores take the scrap gold they purchase, send it to the refinery and they never see it again. We have our scrap gold refined into casting grain as well as usable material for jewelry repairs. Casting grain is the material used in custom pieces that we design for customers. Jewelry repair material can be anything from sizing stock to findings such as earring posts to settings.
