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When I was looking for how to sell my gold jewelry and get the
most cash possible, I found a lot of bad advice out there. I know how
you feel if you are little apprehensive about selling your gold jewelry
for a little extra money, so I am going to share what I found about the
process of selling gold jewelry for some profit. You may just have some
unwanted jewelry lying around collecting dust and are just unsure how to
maximize your profits without getting ripped off. Hopefully my research
will help you out and save you some time.
The worst place to sell Gold
So where is the worst place to sell your gold jewelry? There are a few places just around the corner from your house or just down the street from where you work. I found that pawn shops and jewelry stores offer a gold buying service that can put some quick cash in your pocket. But this type of gold buyer usually cannot offer your very much money for your unwanted gold. Why, because of their costs of doing business in the form of overheads. They have bills to pay just like you do so they need to hold back a little on their offer to be able to make some profit. Yep, it's as simple as that.
So where is the best place that I found to sell my gold jewelry?
Here is what I found in my research. You can get the most money for your gold jewelry by selling your jewelry to a gold refinery. I already know what your next question is. How in the world do you sell your gold jewelry to a refinery? If you are just a regular person like me, you don't have any connections in the gold business to sell precious metals to a refinery. Here is the big industry secret that most people don't know.
The worst place to sell Gold
So where is the worst place to sell your gold jewelry? There are a few places just around the corner from your house or just down the street from where you work. I found that pawn shops and jewelry stores offer a gold buying service that can put some quick cash in your pocket. But this type of gold buyer usually cannot offer your very much money for your unwanted gold. Why, because of their costs of doing business in the form of overheads. They have bills to pay just like you do so they need to hold back a little on their offer to be able to make some profit. Yep, it's as simple as that.
So where is the best place that I found to sell my gold jewelry?
Here is what I found in my research. You can get the most money for your gold jewelry by selling your jewelry to a gold refinery. I already know what your next question is. How in the world do you sell your gold jewelry to a refinery? If you are just a regular person like me, you don't have any connections in the gold business to sell precious metals to a refinery. Here is the big industry secret that most people don't know.
The best online gold buyers are also refineries! Cash for Gold Review takes a closer look at the so called top online gold buyer. Visit http://cashforgold-review.com and see for yourself how to sell your gold refinery direct and get the most cash for your gold.
Article Source:
http://EzineArticles.com/?expert=Alan_Liddy
Resolved Question
Show me another »Tips for selling my jewelry?
I have some jewelry, all of which
is real gold, diamonds, ect. and I was wondering how I would go about
selling them and finding out how much they're worth so I don't get
ripped off. Should I take them to a jewelry store and they'll tell me?
Will it cost me money to have the jewelry looked at? Any other tips?
Best Answer - Chosen by Asker
usually gold places
iwll rip you off. I would recomend going to your local jewerler and
getting your things appraised...the majority of them do not charge but
all stores are different.
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- Asker's Comment:
- Thank you. I've yet to do it though. haha.
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Other Answers (2)
- You first need to know what you have. So check and look for stamps, usually jewelry is marked 10K, 14K, 18K. After you know the quality of the gold you'll have to weigh the items. You can then find its value by using this online estimator:
http://www.silvergoldbuyers.com/sell-my-…
That should give you a good idea on what you should expect to be paid.- 0 Rating: Good Answer
- 0 Rating: Bad Answer
- Honestly they will only sell for a fraction of what was spent for them. Unless it is VERY, VERY high end stuff, we are talking thousand dollar pieces you will get garage sell prices for them.
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