How To Sell Old Gold Jewelry

With gold prices climbing to all time highs, many people are wondering how to sell old gold jewelry. If you have old solid gold jewelry sitting around that you no longer wear, this may be a good time to sell it. Gold buyers are making it easier than ever before to sell your old gold jewelry for really good prices.

1. Go through your jewelry box If there is any yellow or white gold jewelry that you have not worn in years, take it out and put it to the side. You may not wear it anymore because it is broken, kinked or just no longer your style. The jewelry itself is not what is important, chances are the buyer will just melt it down to make a new item. After you have taken out all of the pieces you no longer wear go back through them. Ask yourself, if you are able to part with each item. A broken heirloom piece may still hold a lot of sentimental value and should be put back into your jewelry box. A broken old necklace you bought while on your senior trip to the beach may be worth more in money than in memories. Place all unwanted jewelry into a plastic bag.
2. Get online There are many companies that can be found on the Internet that are willing to buy your old gold. Most of these companies will even send you everything you need to mail the jewelry to them. This is a very quick way to sell old gold jewelry for a fair price. Before sending anyone your jewelry make sure you check out how much they are giving you per ounce of gold and if others have had good experiences with them.
   
3. Shop locally With the price of gold rising so high many local jewelry stores are also willing to purchase old and broken gold pieces. You may feel safer giving your gold to somebody in person to have weighed. They should be able to tell you right there how much they are willing to pay you for your old gold. This is nice because you will have the choice to sell them the gold or not. It may be worth going to one or two local stores to see who is giving the best price.
4. Have a party Some jewelry stores are now willing to bring their scale to you. Talk to a local jewelry dealer and see if they would be willing to come to your home where you and your friends can sell your old gold jewelry together. The buyer will often offer a percentage of the party sales to the party host. This is a great way to make even more money from your old gold.

Be careful when you try to sell your old gold jewelry. Most people are honest and want to pay you a fair amount of money for your gold. Although, as with most endeavors, there are unscrupulous people out there also. Be sure to check the stock market to find on what gold is selling for, per ounce, the day you plan to sell your jewelry. Try to get the price closest to that figure. Your old gold necklaces could pay for this years summer vacation.