Selling Your Gold Jewelry For The Highest Value
If you are looking to earn some extra cash, selling your gold jewelry is a quick way to do so. However, it is not easy to secure the best deal. With so many avenues for you to choose from, where should you choose to get most out of your gold jewelry? Here are some tips to make sure that you acquire the best deal when selling your gold jewelry.
Look for the Best Time to Sell Gold
If you do not immediate cash, wait till the most opportune time before you sell your gold jewelry. Keep an eye out for news about supply and demand of gold. In times of poor economy, demand for gold tends to increase because gold is seen as a safer choice than other types of investment, like stocks. This then leads to an increase in gold price. If you are expecting an economic downturn in the near future, you might find it worthwhile to hold on to your gold jewelry till then.
Get a Valuation for Your Gold
Look out for the hallmarks on your gold jewelry and weigh them to get an idea of how much your gold jewelry is worth. Many of us are not good judges in how much a certain piece of gold jewelry is worth, hence you might want to get an expert’s opinion. Approach specialist high street jewelers to give you a valuation of your gold based on current prices.
Look Beyond the Value of Your Gold Jewelry
Gold buyers are often looking at just the value of the gold in the jewelry when they offer you a price. If you sell your gold jewelry based solely on how much gold is inside, you might be losing out on a lot of cash. Branded or high-fashion gold jewelry may be worth much more than the gold itself because of the luxury brand name. Other gold items may be antiques, collector items, limited edition jewelry, or have excellent craftmanship with rare precious stones. If you think that the gold jewelry you are looking to sell have more worth than the gold in them, approach an expert for an accurate valuation and sell them to the right buyer.
Where Should You Sell Your Gold Jewelry?
Whether you want to sell your gold jewelry to a cash-for-gold company, gold refinery, high street jeweler, or pawnbroker, you should do your research on their reviews and compare prices. If you are located in an area where there are few jewelers, you can put your gold jewelry on e-commerce websites like eBay. Don’t be too shy to haggle when you are offered less than what your gold jewelry is worth. Once you have done your research and have a firm idea on the value of your gold jewelry, you can confidently haggle for a better price.
If you are looking to sell your gold jewelry, AGR will offer you a great price for your gold. Contact us today for a free quote or to ask us any questions.