Have you ever asked yourself the question, "What stands between me and a whole lot of money?" The answer could be that you're not willing to part with – or are unaware of the value of – your old precious-metal items. Don't get stuck in the past. Don't be overtaken by sentimentality when you could be sitting on a small fortune – or at least a little extra pocket change.

What on earth are we talking about? Here are a few examples…

Inherited Silverware

You may want to keep the silverware you inherited from mom, dad, granny, grandpa, etc., to use for special occasions. Have fun polishing all that silver. Truth be told, today, millennials (and others) are taking those inherited boxes of silver and trading them in for cash. Many would never think of using silver on their table – it is an outmoded style.

One example that we’d like to offer here is, dating back from about 1900, a box of Gorham silverware that one woman inherited. She was sure she never used it. The decision remained however, whether to melt it down or find a collector that was interested. Rather than letting it sit around unused, she went with the more profitable of the two, at the time.

Always check to see if there are collectors interested in your items and/or what they would bring as precious metal scrap. Something is only collector-valuable, however, if you can find the collector to buy it. Remember that.

Heirloom Jewelry

Your grandmother left you a Victorian brooch. It looks out of place today. It's old-fashioned. Guess what… It might contain gold worth $300!

Even if you're sentimental about the gold contained within the piece, you can always have it melted down and made into something more current or fashionable.  A more modern bracelet, charm, necklace, etc., can always help you to remember the person that left you the piece. That is important on a sentimental level to many individuals. There is no shame in that. Money can't buy everything, and that includes memories.

So, feel free to have that gold brooch melted down and made into a charm, necklace, ring, bracelet, you name it. Then again, remember, $300 is nothing to sneeze at!

Old (Engagement) Rings

Okay, once upon a time, that engagement ring meant the world to you. But how much time has gone by since then? Depending on your circumstances, that ring may have less sentimental value and more actual cash value than ever before. You might even have a couple of rings given to you by a loved one, when you know that just one would do. If the person who gave it to you is still in the picture, you may want to discuss it with them first, but there's no reason to sit on something that could net you a lot of money if you're not wearing it, it doesn't fit, it's banged up, etc.

Feel free to contact us today if you have any queries about items that you feel may contain precious metals.  Get a free quote.