How to Sell Your Gold Jewelry

Perhaps you are looking to update your own jewelry box and in going through your collection, have several gold items you’d like to sell to put towards some great new pieces. Maybe you are the executor of an estate and have found numerous gold items that could be quite valuable, but you aren’t sure of their worth, and if selling them is the best option. Both these situations may have you pondering just what is the best route for selling gold jewelry?

We have all driven by the billboards and gold shops with the bright signs saying, “GET CASH FOR GOLD!” It sounds simple enough…grab all the shiny chains, rings, and bracelets you have, bring them in and walk out with the cash. However, when selling gold, you want to ensure you are dealing with a reputable gold dealer. Today, we want to walk you through some of these considerations so that you can get the best resale value for your gold.

1.What’s it Worth?
Of course, you will want to know the karat value each of your pieces when selling gold, as the higher the karat, the higher the value and price you will be paid. But, you also need to take into consideration the story of your jewelry. Is there a sentimental attachment that surrounds the item you are looking to sell? Just make sure that you are parting with your jewelry with a clear conscience and not making an impulsive decision when trying to get cash for gold.

2.To Melt or Not to Melt
Some jewelry items are actually worth far more in their intact and original state, not melted down. It is important to take into consideration the history, age and story of your jewelry item. Being an heirloom piece may fetch your more money when reselling, and a good gold buyer will help you figure this out.

3.Have Market Mindfulness
The gold market is always fluctuating, so keeping an eye on gold prices is a good idea. Selling gold jewelry is something that you will want to do when the gold market is on an upswing. Knowing the market will also give you the knowledge to make sure you are getting the best value for your items.

At Star Gold Refining, we want our clients to have the utmost confidence that we are helping them make the best choices in selling their gold jewelry, and in turn giving them the best value for their items. When you come in, you can expect us to first check the weight of your gold in grams using a calibrated jewelers scale. We will also use a laser XRF tester to verify the purity (karat weight) of your items. We will offer you up to 95% of your gold’s value in grams based on the market spot price. If you have numerous gold pieces, we can even melt down your items into a gold bar right in front of you, and then offer you 95% of its karat value. We keep our process transparent and simple, so that you can be assured you are getting the most cash for your gold. Come see us today and let us help you turn your gold jewelry into green.