Tips for Selling Gold Jewelry
- Don’t act on impulse. Carefully evaluate every piece of jewelry that you are looking to sell.
- Get an appraisal. Have antique or intricate jewelry appraised before selling it to a buyer that pays by weight.
- Know what you have.
- Find a reputable buyer.
- Shop around.
- Protect yourself.
- Know the price of gold.
- Get realistic.
Should I sell my gold?
The best time to sell your gold is when you either need cash or don’t need or want the gold itself. Think about it: Gold that you have sitting at home (or in a safe deposit box) has a value, but it’s subject to the whims of the market. Until you actually sell your gold, you haven’t realized its value.
How much can you sell gold for?
Pure gold is currently paying about $1250 per ounce. By going through the math, this means that 10 karat gold will “scrap” at about $16.35 per gram. And 14 karat gold will “scrap” at $23.50 per gram.
Can I sell my gold to the bank?
Sealed Gold Bars / Biscuits from Banks
If you have Gold Jewelry or Bars or Coins and you want to convert it to cash it is perfectly legal to do it. Do not go to a jeweler. He will only be interested to sell his jewelry and happily take your old jewelry and sell you new jewelry.
Can we sell gold online?
You can request to sell your gold and sell your silver online from the privacy of your free GoldSilver.com™ account. GoldSilver.com™ is a market maker for all the gold and silver bullion products we offer. We post live competitive bid prices online 24 hours a day 7 days a week.