Are you trying to learn how to sell gold jewelry? If yes, you should check out some of our best tips by clicking right here.
Did you know that nearly 50% of all the gold mined worldwide has been used to make jewelry items? Gold preserves its value very well and it’s a good investment option. However, you can also make a lot of money quickly if you decide to sell your gold jewelry items.
But many people don’t really know how to sell gold jewelry. Since this is very valuable merchandise, you need to know how to analyze your gold and sell it to trusted businesses to get the best price for it. Keep reading to learn more about selling gold jewelry and how to get more money from your transaction.
Analyze Your Gold Jewelry Carefully
Many people who have gold jewelry inherited the items from a deceased family member or maybe they received them as gifts. Before selling them, it’s a good idea to go through each gold piece and see which one should be sold or not. Some gold jewelry items might have emotional value for you and you will probably decide not to sell them.
Get Your Jewelry Items Appraised
If you have complex jewelry items, it would be a good idea to have them appraised first. The same story is true for antique gold pieces. A professional appraiser might find your gold items much more valuable in comparison with selling them by weight. For example, designer jewelry items or very old pieces can be worth much more than you previously thought and an appraiser can help you make more money out of them.
Check with Better Business Bureau
If you sell valuables for money, the Better Business Bureau (BBB) shows a list of multiple licensed places in your state that buy gold. It’s a good idea to check this list first to make sure that you pick a trusted gold buyer. If some establishment has a lot of complaints from past clients or is in the business for a very short period of time, maybe it’s a good idea to find another place.
Sell to Local Jewelry Stores
One of the best places where you can sell your gold jewelry items is at your local jewelry store. The jewelers are usually very experienced and they can give you a fair price for your gold items. Make sure that you call before you visit the jewelry store so you know in advance how much you should expect to receive for your golden items.
Sell to A Local Gold Buyer
If you need money quickly, you can also sell your gold items to a local gold buyer. However, make sure that they are licensed and offer fair prices. It would be a good idea to weigh your gold first and see how many grams they have in total. By doing so, you minimize the chances of being scammed.
Now You Know How to Sell Gold Jewelry!
Hopefully, now you know how to sell gold jewelry and you can obtain a good profit from your gold items. Just make sure that you pick your gold buyer with care and everything else should fall into place.
In the meantime, feel free to check out the other articles on our website to learn more about jewelry items, famous gold pieces, and better investment opportunities!