Where Can I Sell My Gold Jewelry?

If you think you are the only with that kind of problem, you are not alone because in today's hard economic times, many people want to get their hands on fast and easy money and the first thought they may have is to sell expensive belongings they do not use, including gold jewelry, gold coins, gold watches and other gold items. Others just want to get rid of gold items that are no longer useful or they don't want, such as scrap gold, old broken gold jewelry or jewelry that has just lost its appeal or is ugly and outdated. So they would ask themselves the same question, "Where can I sell my gold jewelry to get cash?"

The answer to your problem of "Where can I sell my gold jewelry" is not difficult if you know how to look for the places that can offer your jewelry up for sale or sell it directly to a mail-in buyer that is a gold refinery. A gold refinery will purify your gold items for a commercial market. There are several solutions to the problem of "Where can I sell my gold jewelry" but the three fastest solutions are selling your jewelry to a pawn shop, jewelry store, or an online mail-in buyer. A pawn shop offers secured loans with your jewelry or gold items used as collateral. The jewelry store buys personal adornments made of precious gems or metals.

Because of the nature of the loan and the fast convenience that pawn shops traditionally offer; they give the lowest cash payouts for you gold jewelry and items. Though it is the easiest and fastest method of getting quick cash, as it is possible to secure a transaction in less than 5 minutes, you will also greatly suffer the consequences of getting the least cash amount for your gold items. A pawn shop will pay you a small percentage of the value they will sell it for, not the value that your item is worth. Because a pawn shop is actually a reseller it will usually reject damaged or broken gold jewelry or items.

You can go directly to the store, since many jewelers today have their own websites, you can contact them through email or their contact numbers about making an appraisal of the items you will sell. However, because they are also a reseller and have to make a profit they will also not give you the top cash payout for your jewelry or watches.

The newest and best place to sell your gold jewelry is through an online mail-in buyer that is also a gold refinery.

You send your items using their gold pack with prepaid postage, the buyer appraises the value of your items based on the weight, karat and spot price of gold, and a check is then mailed to you as payment. They use industry standard procedures and equipment and the spot price of gold that day in determining the value and cash payout. A cash for gold buyer has low turnaround times and will mail your check the following business day after the gold pack is received. The advantage of using an online cash for gold buyer is that you get more than double or triple the cash payout as compared to other options.

If you know someone who badly needs cash and approaches you with the same question, "Where can I sell my gold jewelry?" just tell them the same answers you learned here. You can be assured they will be knowledged on the process of selling their gold jewelry or items within a short period of time and will also be satisfied with their transaction and thank you for the referral.