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Article: NEWS BRIEF
- Article from:
- Elm Leaves (Elmwood Park, IL)
- Article date:
- April 6, 2009
CopyrightCopyright 2009, Elm Leaves, Pioneer Press. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
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Consumer tips for buying, selling gold
With the price of gold selling nearly at all-time-high prices, combined with tough economic times, many people are eager to sell their gold for scrap. The American Society of Appraisers cautions consumers to learn the ropes before jumping into a gold marketplace that may not offer the best deal.
With gold parties springing up in people's homes and in hotel ballrooms across the country, and mail-in gold businesses multiplying, it is important for consumers to become educated about the gold market before selling their gold.
The society offers tips to consumers:
⢠Look for a stamp on the back of the jewelry that lists the karats. 24-karat gold is .999 pure; ...