Advice For Selling Your Unwanted Gold Jewelry

Published: 24th October 2011
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Selling gold jewelry for money to profit from the increasing gold price is increasingly becoming common nowadays. You can find gold buyers, including internet based scrap gold buyers, who are prepared to fork out high rates for your gold jewe1ry. Read on for some 'selling gold jewelry tips' that you'll find handy. Those ads that advertise getting cash for your gold jewelry have been observed by nearly everyone. Don't believe the only way to sell gold or jewelry is through these companies advertising on TV, as there are lots of choices for you to pick from when selling your gold jewelry. In this article I will be going over the different options you can choose from when you want to sell your gold jewelry, and I will give you some advice and tips as well.

Your best bet is to get a professional appraisal of your jewelry if you don't know it's value. This is an independent party who isn't in the business of buying and selling jewelry, but only determining its value. Jewelry stores can sometimes be a good place to get an appraisal at, however if they want to buy your jewelry from you they will give you a lower value. A professional appraiser is someone who's accredited with a local or national organization and who can be trusted to give you an unbiased idea of what your jewelry is worth. This kind of person will be able to check out your jewelry in great detail with specialist equipment. However this means that you must allow them to take your jewelry so they can assess it over a couple of days.


You can sell your old jewelry online, and there are many companies that have an efficient system in place for this. Using an envelope that the online company will provide you with, you simply drop your jewelry in and send it off to the company. After evaluating the value of your jewelry that you have sent, the company will make you a non-obligatory offer. Depending upon your decision, you can have your money deposited to your bank account or have them ship your merchandise back. As with any company you do not know about, check on them to make sure they are reputable before sending anything to them. You won't necessarily get the best possible price for your jewelry this way (for that you need retail buyers), but it's often better than what you'd get at a local pawn shop or jewelry store.

The fact that you need money may cause you to make rash decisions that will lead you to people that may not be the best ones to have a transaction with. There are, unfortunately, scam artists and outright criminals who operate on sites such as Craigslist who will arrange to meet you with the intention of robbing you. Most of the time this is not a problem with jewelry, but with much more valuable items like vehicles or motorcycles. Stay away from evening transactions that put you in a dark location that you are unfamiliar with devoid of people. Always try to find out you're dealing with before you meet them. This is not to say that all transactions done online will end up bad, but you need to be careful.


To get the absolute best price for your used jewelry you may have to wait a bit. Even if you need money, it's best not to be in too much of a hurry. The best thing you can do is ask around at a number of places to see how much they'll give you. To get the best price you should try selling your jewelry individually to retail buyers, however you'll need to wait longer. And finally, you should not sell your jewelry if you think it's worth more than you're being offered.


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To acquire more information on selling gold jewelry or finding professional gold buyers, go to gold-buyers.org.

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