Are you a holder of platinum or palladium and want to know how to gain the maximum amount of cash for your loot, perhaps you have experienced selling gold before but are looking to cash in on some of your more expensive items? The great thing about both metals is that this year has seen their prices swell to amazing heights. Experts have decided that its worth may have much to do with gold’s rapid rise to fame, while others are of the opinion that it is because of the metals’ unique nature.
To gain the most for your metals, it is important for you to:
- Know where you pieces came from. Know where you acquired it and dig up a little history behind it. You are sure to find clues to its worth by thorough research.
- Look for Stamps. Platinum and palladium are usually stamped with .800, .830, .900 .950, or some other .000 format. The number reveals how pure the item is in terms of Parts Per Thousand. If an item is genuine and marked .800 it is 80% pure. The purer the better!
- Have your item assessed. Go to a few precious gold buyers or metal dealers and get an estimate as to its worth. It is important for you to check around if you think that an assessment was too low.
Once you find a precious metals dealer that you trust, you can work to negotiate a price that you’re happy with. In the case that you want to hold onto your item, the dealer may offer loans based on its value. This allows for you to keep it after your loan is paid off in full, Cash for Gold Orange County offers this service. Not every dealer offers this option, but you are sure to find one that does.
Just a bit of trivia…do you know exactly what platinum and palladium are? Platinum is a chemical element with the chemical symbol Pt and an atomic number of 78. It’s an interesting metal because it is dense, yet malleable and can be found mostly in South Africa. Palladium is a chemical element with a symbol of Pd and an atomic number of 46. It is related to platinum, but its melting point is lower, it is less dense and is found in Africa and parts of Canada, Russian and Montana. Hope you enjoyed this bit of trivia!