News about the benefits associated with recycling of used jewelry are spreading widely. Recycling of these items involves melting down an old piece of jewelry and then reusing the gold or other precious metal to make something new. This process of recycling provides raw materials for making new jewels thus decreasing the mining activities. Conventionally it is not the work of a designer or a jeweler to refine these old jewels. Refining companies do the refining process, and they do so when they have collected enough amounts of these items.
The jewelry collected from different places is melted together to get a common end product. The metal is further processed to a pure state, and then the refiner can either pay for the pure gold present in the scrap or returns the gold to the jeweler.
Before you dispose of your old jewelry there are things that you should put in mind. Know exactly what you have is it silver gold or platinum. Know their size, quality and quantity. Find out whether the metal can be repaired or not and what it costs to repair
Once you have determined what you have you should try to find what its actually worth at retail. If your article is in good condition that it can be so checked from the online platforms that deal with second-hand jewels to give you more clues on how much you can earn. Gauge the value of your item by checking against similar items that are being sold on these sites. Selling them to a local dealer can give you an opportunity for a better bargain.
As an individual the only practical way to recycle your jewelry is to sell your them for cash for a new item of jewelry with a designer or jewelry store. When you sell your articles to a local shop they will be treated as scraps unless they are extremely well kept. In order for you to get a reasonable price for your old jewels the worth of the specific precious metal must be higher than when you purchased the articles. If you possess a piece of jewelry that you no longer use it will benefit you a lot by selling it or changing it for a better one.
Refining of the old jewelry has a positive effect to the surrounding. When the old jewelry is refined to make new ones no matter how few they will be, less mining will be necessary to meet the demands of the market.