Saturday, May 29, 2010

Get the Most for your Scrap Gold

Do you have any old coins, watches, broken jewellery or other unwanted items made from gold? These can all be classed as scrap gold and could bring you a cash sum when you really need it. Selling scrap gold is becoming more popular as the recession bites and people are looking for ways to enhance their income.

The value of gold changes all the time in response to world markets, and the London Bullion Market Association publishes a current gold price twice a day. Reputable UK buyers of your scrap gold base the price they will pay on these ‘gold fixings’, adjusting them to take account of the costs of recycling what they buy.

Gold Parties

A relatively new phenomenon is the gold party, which is taking off in the UK. This is where someone holds a get-together for their friends and acquaintances to bring along their scrap gold, and an agent will hand over cash for it.

Unfortunately, because people are naïve about the value of gold, they often accept ridiculously low prices for it. Taking it in person to a local jeweller with a good reputation is much safer than selling it at one of these parties, or sending it off to an internet business.

If you do decide to sell your scrap gold for recycling, you could also be helping to save the planet. Give yourself a pat on the back for reducing the damaging effects on the environment of over-mining gold ore.

EK Jewellers is a friendly, local Essex jewellers serving customers throughout Hainault, Ilford, Redbridge, Havering, Woodford and surrounding areas as well as London. As a family run business established for over 36 years, we have developed a strong reputation for quality of workmanship. For more information visit http://www.ekjewellers.co.uk/ or call us on 020 8500 3191. We pay the best prices for scrap gold in Essex.

Reasons to Use a Local Jewellery Repair Service


These days, not all jewellers carry out repairs on their premises. If you want to have a ring resized, gems reset, missing claws replaced, broken chain links or jewellery catches fixed, it’s well worth seeking one out.

You don’t want to put your cherished pieces at any more risk than is absolutely necessary. If you are not keen to put them in the post and send them away for repair, why would you want someone else to do that? Insurance might cover their financial value, but never the sentimental value we tend to attach to precious gifts or items that remind us of special times in our lives.

Sending items by post or courier inevitably involves extra cost, while the time needed for your jewellery to be repaired and returned to you will be longer. But perhaps the greatest risk to your precious articles lies in the number of different pairs of hands they will have to go through before you, hopefully, get them back.

When you find a local jewellery business that has its own workshop attached, you can bet those jewellers are not just in it for the money. They will be passionate about what they do, and feel privileged to work with your precious gems and metals.

If they are members of the National Association of Goldsmiths, they will be fully trained and up to date in how to use the latest available equipment to supplement traditional methods of jewellery repair. Usually they will offer a free consultation to which you can take your sadly broken pieces and find out just what they can do to restore them to their former glory.

So don’t take chances with your precious jewellery items. Investigate your local jewellers and find the one that will treat them with the care they deserve, with an all-in, on-site service.

EK Jewellers is a friendly, local Essex jewellers serving customers throughout Hainault, Ilford, Redbridge, Havering, Woodford and surrounding areas as well as London. As a family run business established for over 36 years, we have developed a strong reputation for quality of workmanship. For more information visit http://www.ekjewellers.co.uk/ or call us on 020 8500 3191.