If times are tough and you have scrap gold coins and jewelry lying around the house, there’s never been a better time to sell your gold and earn some extra cash.
But before you sell your gold to just any places that buy gold, it’s always a good idea to calculate the value of your gold on your own. Knowing how much your gold is worth before you sell gold coins or sell gold jewelry can help you get the best payback for your valuables.
Here are four ways you can calculate your gold’s value before you decide to sell your gold:
1. Separate your gold jewelry by karat: Karat is the standard way to classify gold jewelry by the level of purity found in the gold. 24 karat gold is pure gold, which is rare to find in jewelry because gold is so malleable. You should be able to find a piece of jewelry’