Think About Selling Your Old Gold Jewelry

If you have a lot of old gold jewelry that you want to get rid of, you may not want to just donate it to the local thrift shop or pass it along to friends. That jewelry may actually be worth something, and you can get a little bit of money out of it. Even if the jewelry itself isn't all that valuable, you can at least get some money out of the gold. The metal can be melted down, purified, and reused. So it makes sense for you to come up with some way to sell it so you can get some money. This is especially great if you are trying to get rid of jewelry given to you by an ex-partner. You get rid of the memories and you get something out of it. So, if you are going to do this, what do you need to do?

Appraisal

Before you do anything, you are going to want to get the jewelry appraised. Doing that will let you know if the jewelry is going to be more valuable for its raw gold or if the piece is somehow valuable, say a specific design style. There are professional appraisers who will do this for you, but you can generally go to a local jewelry store and get a pretty good idea as to its value. 

Find a Buyer

There are different ways that you can find a buyer for your gold jewelry. There are companies which specialize in buying jewelry that no one wants and then melting it down. With those companies, you generally will contact them and they will send you an envelope. Once you have the envelope, you send the jewelry to them. They will then weigh it and send you a check. That check will be what the value of your gold would be at that day's prices, minus some fees. Another way that you can do it is to work with a local jewelry store. Not all of the stores in your area will offer a jewelry buying service, but many do. If you go this way, you may be able to get a better price than if you are dealing with a larger company. 

If you have a bunch of gold jewelry that you no longer want, then you may want to try selling it and get some money out of it. That way you can buy something that you do want. Contact a company like Longhorn Jewelry Exchange to learn more.

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