MENU
CLOSE

Keen Steps to Help You Sell Your Gold Jewelry

Jodi Benson
by Jodi Benson

There’s nothing like wearing a piece of jewelry especially gold in these days and times. With all jewelry, you need to find out the price of it and see their worth in the current market. Luckily, it’s not too hard to sell gold jewelry these days because they are in high demand. The focus is less on platinum, but more on the hard gold. Of course, trends go out of style when someone or something causes another  trend to get hot. In these days, it’s great to invest in gold because it’s a valuable source of income. With that being said, here are some keen steps to help you sell your gold jewelry. 

 1

Carefully Look Through Each Item You Intend to Sell

 2

Certain items may hold a sentimental value especially when it’s a family heirloom or a particular piece that plays back as a sound memory in your head. You have to be real about what you sell and lessen the blow of parting with something you once cherished. Also, don’t sell on impulse. It’s great to get some quick cash but ask yourself if you really want to give that away. You have to be realistic on the price you’ll get for the item you choose to sell. This way you don’t over expect anything to happen while you sell your jewelry.

Make Sure You Get a Reputable Buyer

 3

There are tons of scam artists in the market. However, you need to weed through the bad apples and find a golden one that’s actually dependable. Ask them questions like if they are a part of a trade association like Jewelers of America to show some kind of legitimacy. You can also check with the Better Business Bureau to check their status and make sure they are licensed to sell gold in your state. The best thing to do is to get your jewelry appraised so you have an idea of what it’s worth. This way if a jeweler pays by weight, you won’t get low balled in the end. Sometimes, designer or antique jewelry is worth more due to the piece itself, not solely the gold in it.

Shop Around for the Best Deal

Whether you go to a pawn shop or a private auction, you definitely need to sell your item for the best deal you can get in the end. You should definitely know what you have in your possession and what it entails. Certain places may offer you a specific price different from the rest. Typically, you’ll only get paid for the parts of the piece that are pure gold. Please be sure to protect your jewelry before you go to a shop to hand it off in person or ship it to the buyer. It’s good to take photographs of the jewelry’s condition right before you hand it in person or ship to the buyer. Damages will only decrease the value of the jewelry. You should also make sure there’s a good reimbursement policy in place in any case that things go wrong.