Top tips for selling unwanted gold jewellery to make money

If the festive season has left you a little strapped for cash, then why not consider selling your unwanted gold jewellery to make money? The process is easy and pretty much effortless. All you need to do is look through your jewellery box and pick out any broken or unwanted gold jewellery to sell. Seeing as the price of gold is at an all-time high now is the best time to sell. In this article we will share our top tips for selling unwanted gold jewellery to make money.

Sell Unwanted Jewellery
Start by looking through your jewellery box to find unwanted gold necklaces, bracelets, rings and earrings.

Get an idea of how much your gold jewellery is worth

Before selling gold jewellery either online or to a pawnshop, it is a good idea to find out how much your items are worth. You may want to take them to a reputable jeweller where they will be able to weigh your gold jewellery and study its hallmarks to help you assess how much your items are worth. Never send your gold jewellery off without having a rough idea of its worth, as you may end up getting ripped off.

Shop around before deciding to sell

Today there are so many different outlets where you can sell your unwanted gold jewellery. Whilst some people prefer to take their jewellery to pawn shops and jewellers, others prefer to sell to online buyers. Before deciding to sell your gold, it is important to shop around so you can get the best price. Most buyers will be more than happy to give you an estimate of what they think your gold is worth and what they are willing to pay. Use this to establish who will offer you the best deal before committing to sell.

Be on the lookout for rogue gold buyers

Even if you do not necessarily like or want the gold jewellery you are selling any more, it is still important to make sure that you sell it to the right person for the right price. Unfortunately there are many rogue gold buyers out there who set out to rip inexperienced gold sellers off, leaving them significantly out of pocket. Before selling your gold jewellery, make sure that you find out information about the buyer. You can do this by searching their business name online or if it is an individual on a trading site, check their feedback. If there are complaints lodged against gold buyers or businesses, it is best to avoid selling your gold to them. It is not worth risking sending off your item for no payment in return.

Research for Good Buyers
Always carry out research on gold buyers and check other customer reviews to ensure they are reputable.

Take your gold jewellery appraisal with you

If your jewellery has been appraised then take the certification with you when you are trying to sell it. Your jewellery appraisal will contain all of the important facts about the gold and any stones it contains. The appraisal will have an approximate value of the jewellery on it, but this does not necessarily mean that the pawnbroker or jeweller you take it to will pay you that much for it.

Conclusion

Selling unwanted gold jewellery is a great way to make extra cash, visit sites like http://www.pawnmiami.com as one example. There is no point your gold sitting there in your jewellery box untouched when it could be paying for your weekend leisure activities! Whilst it is currently the best time to sell gold, it is important to be savvy about your transaction and ensure that you perform research on buyers to check they are reputable and able to fulfil their purchasing promises.

Image credits: quinet & Ray Sawhill

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