Essential Tips for Buying Gold and Jewelry That No One Tells You

Gold BuyingFollow important tricks that you need to be aware of.

The gold market is a favorite among women, but if you’re not familiar with gold buying tricks when purchasing new or second-hand gold, coins, and so on, you might face significant issues. If you are about to get married or want to invest in gold, this section is for you.SelmaDermaWe share key tips from experts in the field of gold buying, including advice for buying white gold, second-hand gold, melted gold, and selling gold.

Jewelry Buying Tips

Keep these tips in mind when buying jewelry:

• Note that gems can either be authentic, which have relatively high prices, or non-authentic, referred to as synthetic.
• Synthetic jewelry is undoubtedly cheaper than authentic jewelry.
• Keep in mind that when selling precious stones, they will be bought from you at a much lower rate than you paid.
• When buying jewelry and turquoise, remember that turquoise is a stone full of pores and is not flat or smooth; ifturquoiseis very shiny, beautiful, and glossy, question its authenticity.
• The larger, shinier, and whiter the diamond, the more valuable it is.

• When buying gold with precious stones, request the gem certificate.
• To distinguish genuine diamonds from fake ones, breathe on them; if it’s a real diamond, the fog will dissipate quickly.
• Another factor to consider when buying jewelry is the weight of the stone.
• Expensive stones are measured in units called points, which are one hundredth of a carat.

Second-Hand Gold Buying Tips

• Observe the following tips when buying second-hand gold:
• Make sure to get a receipt when you purchase second-hand gold.
• Buy your second-hand gold from reputable places.
• Pay attention to the gold code written on the receipt for second-hand gold purchases.
• Ensure that the gold is not counterfeit.
• Avoid excessive markup and taxes while buying.
• Check the clasp of the jewelry before buying.

Melted Gold Buying Tips

When buying melted gold, keep the following tips in mind:

• Melted gold comes with a stamp, so remember that a melted gold deal without a stamp is not sensible.
• Purchase melted gold from authorized centers and jewelers monitored by the union.
• The weight and purity of the melted gold are indicated by: the upper number showing the weight and the lower number indicating its purity.
• Melted gold may contain impurities, which will reduce its purity.
• Select a skilled individual to re-stamp the melted gold to ensure its purity and utilize the registration code to verify if the melted gold is genuine.
• Melted gold under 10 grams is not attractive for buying and selling.
• In spring and summer, melted gold maintains a stable price, but gold prices typically rise from late autumn to early winter.
• The color of melted gold may appear black, green, or copper in some areas, but remember that these colors do not affect its price, which is determined by its purity.

Coin Buying Tips

Keep these tips in mind when buying coins:

• Bahareh coins are more suitable for investment. Among Bahareh coins, fractional coins exhibit notable price appreciation over time.
• The weight is the primary factor determining the price of the coin.
• The higher the purity of the gold piece, the higher the price.
• Before purchasing a coin, know your purpose for buying it. Some coins are suitable for investment, while others are more appropriate for collection and may not be sold in the Iranian gold market.
• The coin should be gold in color.
• Ensure that the edges and details of the images on the coin are perfectly aligned and uniform.
• The coin holder should have complete specifications of the coin, sales unit, and be intact and undamaged.
• For coin purchases, visit reputable units with union licenses.
• Before buying a coin, it’s best to check the price of the desired coin through reliable sources.
• Coin transactions often happen without receipts, so a lack of a receipt when selling coins doesn’t necessarily mean they are counterfeit.
• The mint year of the coins impacts their price; newer coins are sold at higher prices.
• Old and rare coins have very limited buyers, making it difficult to sell them.
• At the end of the year, coin prices are higher. If you’re not in a hurry to buy, it’s better not to purchase during peak demand.
• The world gold price, national currency exchange rates, demand, mint year of the coin, and price bubbles will all influence the price of coins.

Online Gold Buying Tips

Observe the following tips when purchasing gold online:

• Avoid using every website for gold purchases.
• The selected website must be reputable and have an electronic trust symbol.
• Before making an online purchase, make sure to read the website’s laws and regulations, and proceed with your purchase accordingly.
• Select reputable stores that can provide receipts for online purchases.
• Don’t forget that the chosen store should be connected to reliable banking gateways along with the electronic symbol.
• Before finalizing your gold Order, check the measurement chart and determine your finger or wrist size.

General Tips for Buying Yellow and White Gold

Consider the following tips when buying yellow and white gold:

• When purchasing gold, take a look at unusual and non-traditional designs; fancy-shaped rings often have much lower prices because their demand is lesser.
• When buying yellow gold, consider its purity; the purity indicates the proportion of other metals in the jewelry and how much is actual gold.
• If the white gold has a rhodium plating, ensure that the plating is done properly and will not wear off over time.
• Shopping from some online stores might provide you with exclusive discounts.
• Purchase rings during summer since selling is generally lower in this season, and most jewelers tend to be more accommodating with their customers.
• Having a gem or stone in gold can reduce its value upon selling.
• Pay attention to the receipt when buying gold.
• Define your purpose for buying gold before making a purchase.