| The reasons people sell gold are as varied as the | | | | Where can you sell all of your gold jewelry without |
| kinds of gold there are to sell. Understanding how to | | | | worrying about the style? A pawn shop is an |
| sell gold for the best price can help you get a | | | | alternative. When selling gold to a pawn shop, keep |
| favorable return on anything from scrap gold and | | | | in mind that they are going to offer you a low price |
| fillings to old coins or jewelry. There are five primary | | | | in hopes they can turn around and sell your jewelry |
| places to sell gold that you should consider when you | | | | to someone else for a nice profit. Because the |
| have gold you want to get rid of while putting some | | | | jewelry isn’t new, they will need to offer it to |
| cash in your pocket. Jewelry stores, antique stores, | | | | buyers at a reasonable savings and they pass the |
| pawn shops and gold buyers will all purchase gold | | | | difference on to you. You won’t get anywhere |
| depending on the circumstances and the type of | | | | near what your gold jewelry is actually worth, but it |
| gold. The fifth way to sell gold is through a private | | | | will be something. Pawn shops will sometimes also |
| transaction, usually after you post an advertisement | | | | buy gold coins, but scrap gold such as broken |
| online. | | | | jewelry, old watches or fillings won’t interest |
| Selling through a private transaction is risky for a | | | | them. They are looking for top quality items that will |
| number of reasons. You’re placing an ad in the | | | | sell quickly. |
| hopes that someone who is looking for the coins or | | | | Where to Sell Gold Scrap |
| style of jewelry you’re selling will find your ad. | | | | So where can you sell the gold that you don’t |
| There is no guarantee this will happen, and handling | | | | want anymore for the best profit? Try talking to a |
| the sale can be difficult. You don’t want to send | | | | few scrap gold buyers. If you look online, you’ll |
| someone your gold until you’ve received | | | | find many companies that are now actively looking |
| payment, but many buyers will hesitate to send | | | | for gold that can be melted down and used to |
| money to an individual they don’t know. You run | | | | create new items. The advantage is obvious if you |
| the risk of not selling it or getting cheated when | | | | have a variety of scrap gold such as broken |
| selling gold this way. | | | | watches, gold fillings, old, out-of-style jewelry and |
| Where to Sell Gold Jewelry | | | | broken bits and pieces – a scrap gold buyer will |
| Jewelry stores are generally a safe bet, but you will | | | | happily purchase everything. |
| have to do a lot of research to find a jewelry store | | | | There are two different types of gold buyers. The |
| that actually buys gold. Many of them buy the gold | | | | first is a middleman that buys up scrap gold and then |
| as scrap so that they can then resell it to a scrap | | | | sells it at a profit to a smelting company or gold |
| gold dealer. Because the store is the middleman, the | | | | recycling center. You’ll get a lower dollar figure |
| price you get will be much lower than what you | | | | for your scrap gold if you sell to a middleman. The |
| would make selling directly to a scrap gold buyer | | | | best place to sell your gold is to a company that |
| yourself. | | | | refines the gold themselves. This eliminates that |
| If you aren’t sure where to sell gold as scrap in | | | | extra step in the process that costs you money. |
| your town and you think it’s worth more as | | | | Where to sell gold is a complex situation that will vary |
| actual jewelry, look for a jewelry store or antique | | | | depending on how much gold you have, what kind of |
| store that specializes in antique jewelry and watches. | | | | gold you have and how much trouble you are willing |
| This can be a good choice if most of your jewelry is | | | | to go through. For the easiest, safest way to sell |
| in excellent condition and is old enough to be | | | | you gold, a gold buyer who will buy everything you |
| considered vintage rather than just out of style. | | | | have, regardless of condition, is your best bet. |
| A drawback to this is that most buyers at antique | | | | You’ll get your money quickly and safely with |
| boutiques will pick and choose from your selection | | | | almost no effort on your part. So the next time |
| rather than buying everything you have. They may | | | | someone asks you about where to sell gold, |
| not consider some of your gold the right style or | | | | you’ll be able to tell them you used a scrap gold |
| they may decide it is too worn or damaged. You | | | | buyer and got lots of cash in your pocket with |
| could end up with half of your gold still in your hands | | | | almost no work. |
| when you leave an antique or vintage jewelry store. | | | | |