Our professional diamond buyers make on-the-spot transactions. You'll receive payment immediately. No appointment is necessary, so just drop by anytime during our regular hours and we will pay you top dollar for your diamonds. When you arrive we will test and weigh your diamond, evaluate the diamond grade and pay you on the spot!
All you need to bring is a valid government-issued ID one with your photo and the diamonds you want to sell! As you arrive at London Gold, you will be greeted in a friendly manner by one of our buyers. There is typically little or no wait. Meet our buyers! We will buy almost all diamonds. The buyer will appraise the condition of the diamond.
Diamonds are generally still in good condition even after they have been worn in jewelry. If the diamond has been damaged our experts will value it accordingly. We estimate the weight of the diamond by measuring the diamonds diameter and depth. Then we use formulas to calculate the estimated weight of the diamond. Diamond prices are based on the weight of the diamond.
There are price jumps at particular weight increases. If your diamond is close to a price jump we will ask you if we can remove the stone from its setting and weigh it. The exact weight will allow us to pay you the best price possible. The Buyer Will Evaluate The Clarity Grade - When evaluating the clarity of a diamond, the grader is actually looking for inclusions using a loupe with 10x magnification either on the surface of the diamond or within the diamond.
We are more than happy to help you find the perfect piece within our extensive quality selections to celebrate all your special occasions, holidays and milestones.
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Cancel Create Wish List. Ask a Question If you enter anything in this field your submission will be treated as spam. Email Address. Phone Number. What can we help you with? All you need to bring is a valid government-issued ID one with your photo and the precious metals you want to sell! At London Gold, we recognize that Gold is the most valuable and sought after precious metal in the world.
At London Gold we test your items so you feel comfortable with the content and purity, so that you can make an informed decision on whether to sell your pieces. Gold is usually alloyed with other metals such as silver, copper, platinum or nickel to make it harder. Gold alloys are measured by karats. In other words, 24 karat gold is pure gold, while 18 karat gold is 18 parts gold to 6 parts other metal.
The first thing we do is sort out items that are clearly not gold or silver. To do this we use a very strong Earth Magnet. The reason we use this is because gold and silver are not magnetic. This helps us quickly sort out some imposters. However, there are many non-valuable metals that are also non-magnetic, so this test is by no means the end.
The second step in sorting involves checking for stamps. Many stamps are visible to the naked eye but a number are stamped on the tiny posts of earrings or are too worn down to make out. Stamps tell you what the item is sold as and is a fairly reliable way of identifying the gold purity. However, it is not rare to find an item stamped as one purity that is not even gold! There are several steps and processes to determine the value of gold and the purity.
Some testing is fairly simple and can be done in the comforts of your own home, while others use acids and complex equipment. Having the ability to test the purity is crucial for anyone involved in buying or selling gold or silver. A jewelry item that is stamped 10k, 14k or 18k does not necessarily mean it contains that type of gold. Fakes do exist in the gold market. Occasionally a lower quality of gold may be stamped with a higher grade marking, or other times it may not be gold at all, but rather layered with gold in such a way that it is not immediately apparent that it is plated.
At London Gold, our testing is explained and verified to each and every client and customer. Scratch the item on a smooth black acid testing stone. A small drop of acid is placed on the stone along the scratch marks.
If the item is the same karat or higher, the color of the scratch mark for the item will appear the same as the mark from the confirmed piece.
Any gold that is less than 18K will disappear in less than 30 seconds. Gold that remains on the stone is 18K or higher. Once all the items have been sorted by karat, we begin weighing the items on a scale. The scale is calibrated ask to have it recalibrated if you like.
Our scale will show you the true weight of your items in grams. Typically we weigh all items identified at a particular karat together but can also weigh individual items for you.
If items have stones or inserts we will subtract the estimated weight of those stones.
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