Ask if they are buying by gram or dwt..

Always make sure when you are calling, and asking different stores how much they are buying the gold for you ask if they take it by penny weight (dwt) or gram weight. It does make a difference make sure to do your calculations before you take it in.

An example is $13.00 per gram what we are taking 14kt for today would be about 20.00 by dwt. So if you are calling around for prices, and they tell you $17.00 ask if that is by gram or penny weight? if they say gram you have hit the jack pot, and go sell your 14kt to them, but if they say that is the price for penny weight, they are a little low. Different parts of the country are taking the gold at different prices. One woman who called from Florida said the most she could get for her 14kt gold was $8.00 a gram. We take our 10kt gold for that price, so it does make a difference what part of the country we are talking about. I only bring this up because someone called last week, and wanted to know how much we buy 14kt gold for I told them it was $13.00 a gram. He said no thank you I am already getting $16.00 I told them that is good, but are they buying by penny weight, or gram weight? They did not know, and said they would call back, as it turned out it was by penny weight, and they did their calculations,and found they would be getting more from us. Happy hunting, and good luck to all of you.
N.J. Diamonds diamond engagement rings, and more.