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Gold Jewelry Buyers- Tips

There are several choices in gold jewelry buyers these days. Hopefully I will steer you in the right direction by offering you some tips for selling gold jewelry. There are a lot of bad choices to be made in the business of buying and selling gold. But after you read this article, you will have a better idea of your options and will be able to make an informed decision for yourself. You may want to check out gold jewelry buyers for more.

Tip #1

Pawn shops have been the popular choice for selling gold for a number of years. But pawn shops simply cannot offer you very much for your gold jewelry. Don't misunderstand me. Pawn shops are reputable businesses that deal in all sorts of unwanted merchandise. They simply are not a good choice as a gold buyer. They deal in low volume and are just a "middle man" in the process between you and a gold refinery.

Tip #2

Jewelry stores are another popular choice in selling jewelry. But their process is very similar to the pawn shops. Don't bother with them unless you have a very nice handcrafted piece of jewelry with precious stones in it. This type of gold jewelry has a lot of resale value and a jewelry store will be happy to purchase it, but much lower than retail price of course.

Tip #3

Strongly consider finding a reputable online gold buyer if you have some unwanted or broken gold jewelry that you never wear anymore. This type of jewelry does not have very much retail value, but it does have a lot of scrap or melt value. Online gold buyers offer a free and insured mailing service that allows you to send your gold jewelry to them to have it tested for purity and weight. Once your jewelry is evaluated, they will make you and offer and you can accept it or reject it. If you don't like their offer, they will send your gold items back to you free of charge.