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What is Gold Scrap?
If you have considered selling your old gold jewelry or other gold items, you have probably researched the process enough that you have seen the term “gold scrap” in association with gold brokers more than once. If you are unfamiliar with the concept of gold scrap, you may be surprised to find that you probably have gold scrap in your home – gold scrap that can be turned into cash.
So what is gold scrap exactly?
Gold scrap is typically gold that is not in coin, bullion, or usable jewelry form. This encompasses a great many items, items that you may have in your home, unwanted, unused, or perhaps unusable.
Much of what is considered gold scrap originated as jewelry. This includes broken or otherwise damaged gold chains or bracelets, damaged pendants or rings, pendant or ring settings that have broken prongs that can no longer hold gemstones, broken or damaged gold charms, or even the gold that was left over when a ring, bracelet, or necklace was cut down in size. Gold earrings that have lost their mates are also considered gold scrap. Gold jewelry scrap can also include gold watches that no longer run and have been deemed unrepairable, and gold watch chains.
Most of us have this type of gold jewelry scrap in our homes. If you check your jewelry box – or, more likely, junk drawer – you will probably find jewelry that is damaged beyond repair, or gold earrings without their mates. This kind of gold jewelry scrap, which is doing you no good, can be sold to a gold broker for cash that you can use.
What are other sources of gold scrap ?
Another source of scrap gold is gold dental scrap. Although gold is no longer popular for dental use, it was once common for dentists to use gold for dental work. If you are of a certain age, and have ever had a gold filling, gold crown, gold bridgework, or gold cap removed by a dentist, then he or she probably returned this gold scrap to you. This gold dental scrap is of little use to you in its current form, but if you sell gold to a gold broker for cash, you can turn this unusable scrap into money.
If you or someone in your family has ever had a hobby or craft that involved precious metals, such as jewelry or wire crafts, there may be gold scrap in the form of gold wire, gold shavings, or gold dust, flakes, or sweeps lying unused in the garage or at the workbench. These gold scraps may not seem to be of much worth to the untrained eye, but to a gold broker, they are gold with value. Gathering these scraps to sell to a gold broker can turn them into useful cash.

Gold scrap can come in many forms, and most of use have in our homes gold in some of these forms. While they are of little use hidden in jewelry boxes or junk drawers, they can easily be turned to cash by selling them to a gold broker.
You may find that your local gold buyers, which in all but the largest markets are usually jewelers and pawnshops, have little use for the gold scrap you have. However, a professional gold broker like GoldPaq, who is accustomed to dealing in gold scrap will see the value in your gold. They know selling gold makes people wealthier .
GoldPaq can help you maximize the value of gold that you no longer have any use for. If you choose to use an online gold broker, you will find the process of getting cash for your gold as easy as a few trips to the mailbox or post office.
An online gold broker like GoldPaq will make selling your scrap gold quick and simple. You just request a gold kit – an insured mailer that protects your gold scrap from loss or damage in the mail – and send your gold scrap back to us for appraisal. After we have appraised your scrap gold for free, we will contact you with a cash offer for your items. If you find the appraisal to be satisfactory, you need only to let us and your cash will soon be on its way to you.
Gold scrap is of little use to most of us, but cash is something everyone can use. Old, broken, or unrepairable jewelry, dental scrap, and other assorted gold scrap lying around your home is doing you little good, but the cash that you can receive for these items by selling them to a gold broker is sure to come in handy. Try selling your gold scrap today!
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June 6th, 2008 at 2:46 pm
What about jewelry that is either 18K or 14K plated, but has opal& diamonds or amethyst& diamonds with it?Is that worth anything?Would you just separate the gems from the setting?I already sent for my paq and also have a silver charm bracelet and loose jewelry for you to check out.Thanks and please advise, Arlinda
June 12th, 2008 at 5:53 am
If I do not like or accept your offer for gold scrap, will these items be returned immediately and intact?