topic Re: Selling Gol in Jewelry

Selling Gold

Witchy Woman — Sun, 11 Apr 2021 14:29:37 GMT

It's been years since I last sold the gold jewelry I no longer wore. Some of it belonged to my late mother...large rings and coins that I would NEVER wear.

At that time, I set aside those pieces I was unsure about. Now, probably 10 years later, I haven't worn most of them. I never wore them to work, and find I have less and less interest in wearing more than a bracelet and earrings when I go out.

This morning, I gathered them together and was thinking it was time to let them go. No one to give them to and time is marching on.

Has anyone sold anything lately? I think it was US Gold I sold to before and it was pretty easy.

Just curious about any recent experiences.

Thanks.

Re: Selling Gold

skatting44 — Sun, 11 Apr 2021 14:35:03 GMT

Ross Simmons website will take old jewelry

Re: Selling Gold

Desertdi — Sun, 11 Apr 2021 14:54:08 GMT

JTV also takes GOLD

Re: Selling Gold

amyb — Sun, 11 Apr 2021 14:59:44 GMT

Yes, I sold some this year...old broken chains, broken up sets of earrings, and the most substantial piece was a broken "macaroni" bracelet of some weight from my mom. (I have all the precious pieces from mom that are keepers but this was not one of them; she had wanted me to sell this piece even before she passed.)

Anyway, I got about $900.00 (last spring) from a local Gold buyer we have in town. Also, many local jewelry stores in your area may buy gold, if you have one you trust. Or perhaps ask on a local page for your area on Facebook, if you are on there. Recommendations are good if you can get them. BF had sold through this guy I used and had felt he was easy to work with and fair.

I also used another local independent dealer in 2018, upon recommendation of a friend, who bought my mom's silverware set. Got $650.00 for that.

Definitely worth doing this with pieces that are just going to sit there and have no sentimental value to you, especially now when Gold is still so high.

Good luck!

Re: Selling Gold

Witchy Woman — Sun, 11 Apr 2021 15:07:00 GMT

@amyb

Your post reminded me about my set of sterling flatware that sits unused. It is Francis First...a beautiful, ornate pattern, but....I cannot tell you the last time it was on my table.

Yes, I could use it in my everyday life, but I'm not inclined to do so.

It is something else to think about

Re: Selling Gold

FLgardener — Sun, 11 Apr 2021 15:20:28 GMT

Something I am adapting to is that younger family members don't want old stuff. I am trying to cash in anything of value and donate or trash the rest. I am ready to unload and realize nobody wants antiques, collectibles, old jewelry, books, etc.

I recently sold a two carat solitaire diamond, near flawless, slightly yellow, to a well respected estate jeweler. I only got $3,000 for it.

Re: Selling Gold

millieshops — Sun, 11 Apr 2021 15:21:17 GMT

@Witchy Woman I am also thinking my sterling flatware should go, but so far the only step I have taken is to divide mine into 2 sets. I plan to keep service for 4 for myself and get estimates for selling the other 8.

considering how many sets are on eBay and other sites, I have no intention of trying to sell that way and I have already asked the relatives in the next 2 generations if there is interest. No surprise to me that there is not.

Re: Selling Gold

Witchy Woman — Sun, 11 Apr 2021 15:33:12 GMT

@FLgardener

I hear you.

It's all just so much stuff and more of a burden than a pleasure.

I have no children or anyone remotely interested in my "things" so I'm trying to streamline as much as I can.

That also reminds me I have a one carat diamond removed from an old ring. Think I'll track it down and see what I can get for it.

Re: Selling Gold

Witchy Woman — Sun, 11 Apr 2021 15:35:56 GMT

@millieshops

I read that places that take donations are reluctant to take so many "finer" things. I guess it depends on where you live.

I'm assuming if you can sell gold, you can sell silver flatware.

Looking back, I HAD to have that Francis First.....I stalked it for years and finally got it.

Now, it's just one more thing to get rid of

Re: Selling Gold

PINKdogWOOD — Sun, 11 Apr 2021 16:40:29 GMT

@FLgardener Boy do I hear you on this - nobody wants the stuff or you have no one who might consider any of it.

We've no kids so that's out. Family members honestly few & far between, they have their own stuff so they do need nor want our's. Both of us born early 1950s anything we have 'inherited' is from his & my parents dying years ago so we which includes darn near everything in our home as it was his G'Parents 'and 99.7% of what's here stayed/sold/given to us. Full of a lot of antique furn, tons of hand tools, china closets and stuff inside.

You get my drift.

Eventually I know I'll be the one to decide how & what to do with practically all of it. I don't want it either, most of it isn't even (technically) mine. So yeah, I feel your pain - or will in the near future.

Re: Selling Gol

Janey2 — Sun, 11 Apr 2021 17:03:19 GMT

I would take it someplace where you will be able to watch them weigh the gold. I would also take the gold to at least 2 different places, if possible.

Re: Selling Gold

On It — Sun, 11 Apr 2021 17:45:14 GMT

We used a coin shop that buys gold and silver. They sorted the items by 10K, 14K, sterling silver while we watched. Then they weighed each group, recorded the total, and gave us our grand total while we watched. The current price for gold and silver was displayed on a digital sign. Everything seemed really straightforward and an easy transaction.

I didn't want you to overlook this category of precious metal buyer. In fact we sold our collection of silver coins to them a few years later.

Re: Selling Gold

BirkiLady — Sun, 11 Apr 2021 18:22:22 GMT

@FLgardener The "slightly yellow" kept the price down. Color is very important (of the four "C's") in selecting a diamond. You still (probably) sold it at a handsome profit.

Re: Selling Gold

FastDogWalker2 — Sun, 11 Apr 2021 18:45:16 GMT

I sold a lot of gold a few months ago and I was both surprised and pleased with how much money I got for pieces I no longer wear. I sold mine at a locally owned reputable jewelry store that I have shopped at. Good luck!

Re: Selling Gold

SurferWife — Sun, 11 Apr 2021 18:48:28 GMT

You should hold onto it...think of it as a savings account.

Re: Selling Gold

Witchy Woman — Sun, 11 Apr 2021 19:07:13 GMT

@SurferWife

I understand what you are saying and, normally, I might feel the same way.

However, it's not all that much and....I am financially secure and then some. So, I'd rather get the money and help a few of the local rescues with things they need for their foster programs and "kitten season."

I'm thankful I don't "need" the money....and the jewelry holds no sentimental value to me. Not a jewelry girl at all!

Re: Selling Gol

gertrudecloset — Sun, 11 Apr 2021 21:37:53 GMT

I am keeping what little gold I have left. I did a big purge about 10 years ago when selling became hot. I know if I still had the pieces I sold then, I would get more today, if I sold.

I have family to leave what I have to, but that doesn't mean that I will do that.

Re: Selling Gol

CatsyCline — Mon, 12 Apr 2021 00:01:58 GMT

have a bunch of silver platters and plates of all sizes and some smaller silver pieces like coffee creamers and ashtrays. some of them are very old as in ca.1900. is there an antique market for these? i guess i watch too much "Roadshow", i haven't polished this stuff and it's pretty grimy. i do have a scale i use to weigh my gold.

Re: Selling Gold

CalminHeart — Mon, 12 Apr 2021 12:11:19 GMT

I found a coin shop here in town that pays better than US Gold or any other retailer, online or B&M. It might be worth checking around to see what places pay per pennyweight.

Re: Selling Gold

froggy — Mon, 12 Apr 2021 15:22:36 GMT

Hands down, you will get the best price from US Gold Buyers. Many on this forum will recommend them.