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Have Gold Jewelry To Sell? What You Need To Do

by Bruce Lawson

If you have gold jewelry that you are not using or that you want to get rid of, you can make a good use of the jewelry by selling it. Before you go selling your gold jewelry, you need to make sure that you know what you are doing.

#1 Make Sure You Are Ready to Sell 

First, you need to make sure that you are ready to sell. A lot of jewelry has an emotional connection that comes with it. Do not sell jewelry that has an emotional connection because you need some quick cash. Make sure that you are selling the jewelry because you are really ready to get rid of the jewelry and no longer care for it; do not sell jewelry that has a deep meaning to you. Once you sell the jewelry, you are not going to be able to get the jewelry back.

#2 Get an Appraisal

Next, just because you think you have high-value gold jewelry does not mean that you really have what you think you do. Before you go selling your jewelry on your own, you need to discover what you really have.

The truth is that pure gold is rare. Gold is often made of gold and other alloys. Gold is often coated on top of other substances. When you sell gold jewelry, you are only getting paid for the gold that is in your jewelry. That is why you need to know what is in the gold.

In order to know what you actually have, you are going to have to get an appraisal. An expert jewelry consultant needs to look at your jewelry and let you know what it is actually worth. You are going to want to know what it is worth and what it is made out of. If the jewelry is antique or designer, you may actually be able to sell the entire piece of jewelry for a better price than you would get just for selling the gold.

#3 Find a High-Quality Buyer

After that, find a high-quality buyer for the jewelry. If the jewelry is an antique or designer piece, you may have a bigger marketplace where you can sell the jewelry. If the jewelry is made of gold, you are going to want to find a company that will sell the gold for you at a fair market rate.

If you have gold jewelry that you no longer need and want to make some money from, get an appraisal and find a high-quality buyer to purchase your jewelry.