How to Find Out What Your Old Gold Jewelry is Worth Now - Gold Prices Surge to Record High: Here's How to Sell Your Old Jewelry and Coins
Gold prices have reached an all-time high, with one troy ounce now worth over 3,500 euros. This surge, nearly double the price three years ago, has sparked interest in selling old gold jewelry and coins. Here's how to navigate this market.
Currently, one gram of gold is worth around 115 euros. To determine the value of old gold jewelry, check the engraving for the gold content. Multiply the total weight by the corresponding factor: 0.333 for 333, 0.75 for 750. Dental gold, however, requires an expert's estimation.
Selling gold can be done through reliable platforms like gold.de or gold-preisvergleich.com, which list verified dealers. Local reputable dealers and specialized companies like Schatztruhe Goldankauf GmbH also offer secure options. Trusted regional providers include Goldankauf123.de, HauptstadtGold in Berlin, and Goldankauf Vaihingen an der Enz. Visit jewelers in person, invite an expert home, or sell online through trustworthy providers.
Investment coins like the Krugerrand have a standardized material value, while collector's coins depend on market demand. Compare multiple offers and keep gold safe until the sale to avoid scams. Around the turn of the millennium, gold prices were only a tenth of today's value. Experts predict further increases, but predictions should be taken with caution.
With gold prices at record highs, selling old jewelry and coins can be profitable. Ensure a fair deal by checking the gold content, comparing offers, and keeping gold safe until the sale. Trustworthy platforms and dealers can help maximize returns.
