Tips For Selling Your Gold Jewelry

30 April 2020
 Categories: Finance & Money, Blog

Selling your gold jewelry is a great way to earn money fast. However, before you take the plunge you want to make sure that you know what you are doing. The point of selling your jewelry is to get as much money as possible. If you have never sold jewelry before you may be confused about exactly what you should do. Here are some tips to assist you in making the right decisions.

Think Carefully

Go through your collection of jewelry, take the time to examine each piece based on its value and the emotional attachment you may have to it. The last thing you want is to regret selling a piece of jewelry later on. The best way to avoid this is to sell broken pieces of jewelry. You can also sell jewelry that is missing one of a pair. The bottom line is that often jewelry symbolizes something or has meaning, so be sure you are really ready to part with any piece you are selling.

Get Your Gold Jewelry Appraised

Getting your gold jewelry appraised is the next step in the process. You may find that selling the jewelry as a finished piece is more profitable than selling it simply for its weight in gold. You should bear in mind that most gold jewelry is not made entirely of gold. Most are made up of ten, fourteen, and eighteen karats. When you are selling gold jewelry you will only be paid for the parts that are gold.

Check the Reputation of the Buyer

The reputation of the buyer is very important. Before you sell your gold pieces to anyone you should make sure that the company has a good reputation. Make sure that they are a member of a trade association. Check out their reviews online if possible to see if there are any complaints made against them by customers.

Before you leave your jewelry or even ship it to a buyer make sure that you take photographs of the pieces. Ask about their reimbursement policy just in case something goes wrong and your jewelry is lost. Never do business with a company whose reimbursement policy does not sit well with you.

Selling your gold jewelry can help you get cash fast. However, before you dive in it is good to know how exactly to go about getting the best deal. With the tips given here, you are sure to think carefully and make the right decision about who to sell your gold jewelry to.

If you are ready to sell your gold jewelry, reach out to local jewelry stores or gold buyers today.