few months, gold is at an all time high. This means a few things for consumers like us. First of all, if you were lucky enough to invest in gold last year you are seeing a significant increase in its value. Secondly, at this point in time you can get more money for your gold jewelry than at any point in history. Because of this fact you have likely seen an increase in gold buyers advertising, and that’s where we come in. We will quickly break down your options for selling gold jewelry, and provide you with the best solution possible.
When selling gold jewelry the last thing you want to do is take it to a pawn shop. Pawn shops have zero interest in providing you with a good price, and the entire experience can often be awkward or uncomfortable. Most people sell their goods at pawn shops due to either ignorance or desperation, and unfortunately they could have easily gotten more money from other sources. Jewelry stores, while being a more respectable option, will usually not give you much more than a pawn shop would. Jewelry stores have the ability to get gold at wholesale prices, which basically means they are willing to offer you less for your gold and gold jewelry. If you are looking for a basic appraisal locally, a jewelry store would be a good choice. If you are looking at selling gold jewelry, stay away from both pawn shops and jewelry stores.
I can tell you that nine times out of ten you will get more cash for your gold if you sell it to an online service. There are a few reasons for this recent phenomenon. For one, the internet is a huge marketplace and the competition between these gold refiners is fierce. Imagine what would happen if you had 10 jewelry stores lined up right next to each other locally. Online refiners have a much smaller overhead, and much more business than local stores. It basically comes down to low operating costs, higher income, and more competition. These factors create an incredible atmosphere for those interested in selling gold jewelry. So how do you go about selling gold jewelry online? It’s quite easy. You simply hop on to one of the gold refiner’s websites and request a kit. The gold refiner’s kit will be mailed to you the next day, “refiners kit” is just a fancy term for heavy duty mailing envelope. Place your unwanted or old gold jewelry in th