5 Ways To Turn Unwanted Gold Jewelry Into Cold Hard Cash
If you have some broken or outdated gold jewelry that you would like to get out of your jewelry box and turn into some cold hard cash, then here are five options to consider.
1. Sell to a Scrap Gold Buyer
One of the best places to sell unwanted jewelry and other gold items is to a scrap gold buyer. There are scrap gold buyers in most cities and towns and they will offer you a good price for your unwanted items.
If you live in a very rural area and struggle to find a scrap gold buyer, then you can easily find a reputable company online.
2. Sell to a Local Pawn Shop
One of the fastest and easiest ways to sell unwanted gold jewelry is to sell it to a local pawn shop. The downside of this option is you are likely to get less money for each piece than if you sold them elsewhere. But, if a lack of time and wanting a simple solution is what you are after, then this can be a decent option.
3. Sell to an Independent Jeweler
While there aren't any jewelers sitting inside of a department store fabricating jewelry pieces from raw materials these days, most independent jewelers spend their days doing just that. And, in order to make new pieces of gold jewelry, they need a continual supply of gold to melt.
Since gold is gold, it doesn't really matter to most independent jewelers if they purchase your scrap metal or buy gold from a supplier. This makes local independent jewelers a great option for selling scrap gold and silver for the going market price.
4. Sell at a Gold Buying Party or Event
For a while now, gold buying parties have been all the rage. These events are typically held in the host's home and are very similar in many ways to the Tupperware parties of the past. However, instead of spending money on plastic items to clutter up your kitchen you are selling unwanted and broken gold items for some cold hard cash.
5. Sell the Gold Jewelry Online
If your unwanted gold jewelry items are still wearable but you just don't want to be the person to wear them anymore, then you always have the option of selling them online. Whether you choose to list them on social media, classified ads, or an auction site, this can be a fantastic way to get more than the scrap metal price for your unwanted precious metal jewelry pieces.
For more information, contact a scrap gold buyer in your area today.