Jewelry

[Sooner]

Update:  I sold three old gold ring mountings, a very thin necklace and a very thin bracelet, a 1/20 oz. australian gold coin and got $400.  I was happy with that for the current market and the gram weight I had.  

Gold was low that day and I checked online, read about it and called a couple of other local places for their price per gram.  For the time I made out well.  SO, next time I think I will try the online gold buyers you all have recommended and see how that works out!  

At least I'm rid of these pieces and got some cash.  I'm happy I finally took some action to sort this all out.  

THANKS THANKS to all for the info! 

[lulu1]

I sold 3 or 4 times to US GOLDBUYERS and was very pleasantly surprised (my husband was stunned) with my payouts.

I did remove all the semi precious gemstones as they were worth next to nothing.

[haddon9]

Years ago when everyone was selling gold I planned a day in NYC with my daughter and decided to bring some old pieces that I never wear and had no special meaning to me to try & sell.  I went into the jewelry district and to a shop well known for buying gold for good prices. 

I don't remember the name of the shop or how much my gold weighed but I was paid cash for my gold right then & there.  I got about 1k. 

Of course it depends on how much you have to sell by weight and what to going rate is.  I just knew at the time that my local jewelry shops were paying out very little.

ETA:  After reading the replies it was US Goldbuyers.

[Shanus]

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@shaggygirl wrote:

How does it work if the gold has stones in it. For example I have lots of old diamonique pendants and rings in 14 karat. Then I also have some things in 14 karat that have real stones, some peridot, some amethyst, two with tanzanite & diamonds that I wouldn't mind unloading. If you send it in or even go locally to a gold buyer how would they weigh the gold? Would you have to agree to let them take the stones out to weigh the gold?

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@shaggygirl  Yes, the jeweler or gold buyer has to remove the stones to weigh the gold...unfortunately that means if you aren’t happy with the price offered, don’t sell to him, you have the cost of resetting the stones.

I would not consider selling jewelry set w/ stones unless you’re willing to leave the stones out...not wear the pieces again. Just leave stones out and renegotiate with other dealers. 

One thing to remember that I accepted is that the jewelry isn’t being worn anyway. If the price is somewhat fair, having the cash is better than a box of jewelry you’ll never wear. It’s the bird in the hand story...

[battulaljewellers]

Just find a good jewelry store, they will give you satisfied ammount for your old jewelry

[sunshine 919]

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@Sooner wrote:

Update:  I sold three old gold ring mountings, a very thin necklace and a very thin bracelet, a 1/20 oz. australian gold coin and got $400.  I was happy with that for the current market and the gram weight I had.  

Gold was low that day and I checked online, read about it and called a couple of other local places for their price per gram.  For the time I made out well.  SO, next time I think I will try the online gold buyers you all have recommended and see how that works out!  

At least I'm rid of these pieces and got some cash.  I'm happy I finally took some action to sort this all out.  

THANKS THANKS to all for the info! 

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Good for you.

[Sooner]

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@battulaljewellers wrote:

Just find a good jewelry store, they will give you satisfied ammount for your old jewelry

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That wasn't my case.  They offered far below what a coin store offered.  Like almost half what I got from the coin store.  Compare prices is all I can say, most will quote over phone.

[Shawnie]

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@Sooner wrote:

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@battulaljewellers wrote:

Just find a good jewelry store, they will give you satisfied ammount for your old jewelry

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That wasn't my case.  They offered far below what a coin store offered.  Like almost half what I got from the coin store.  Compare prices is all I can say, most will quote over phone.

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That was my experience too @Sooner.  I started with my jeweler and ended up at a local pawn shop that buys gold. 

[AspenLady]

I think there is nothing wrong with selling gold. I sell every now and then. Things are getting older or damaged. I also sold a QVC ring as I lost 3 CZ stones. It would have caused roughly 150 dollar in repair costs. It was not worth the money as it was old and I did not wear it very often. I got 95 dollars for it and was able to buy somehting new just by adding some money on top.

Make sure you know what you own and how much it is worth. Check for the gold stamp and weigh your ring. If you have the information, calculate the gold value. You can find the current gold price online, in some apps and even in daily newspapers. 

Let me know if you have questions about calculting the value of your gold, I am very happy to help!

DO NOT GO TO A PAWN SHOP! I know some very reliable places for selling. Just ask me if you are interested.

Happy Holidays from Colorado!

[FrostyBabe1]

Yes, I've sold gold. Although it's been a few years, I was very happy with the price I received. I had an elderly great aunt who truly thought that the QVC sales people were her friends and she bought gold like you wouldn't believe. Now matter how much we told her we had all the gold we cold possibly use, she just kept buying it and giving it to us. I must have had 8 heavy gold rope chains! Of course, we were gracious in receiving the gifts, but a lot of it was just awful. I made sure to wear at least one piece of it when I saw her, but as soon as she passed away, I sold the bulk of it to a local place that has had a good reputation for pricing. I got enough to pay nearly the entire cost of a 14 day Alaskan cruise/land tour.