When you sell old gold, in the majority of cases, you get a lower value quoting purity as the major factor. With many countries still struggling due to the pandemic-induced economic downturns, many individuals and families may have no other option but to sell their gold jewelry, bars, or coins as an inevitable means of financial relief, if not absolute survival. But, what is disappointing is when you get a lower price than what was expected. This can very well be prevented with the following checklist in place.
1) Retain the purchase invoice
A purchase document or invoice is in general sought by the jeweler when you go to sell jewelry. If you are going to the same shop from where you brought the jewel, years before; the merchant cannot contest in case of any disputes regarding purity, etc, details regarding the jewelry purchased will be stated in the bill.