If you’re a fine jewelry collector, you might be surprised to learn that you can get cash for some of your unwanted pieces. Maybe you already knew that, but you aren’t sure if it will be worth it for the amount of money you could get.
In this guide, we’re going to break down everything you need to know about selling your jewelry and getting cash for gold. By the end, you can decide for yourself whether or not it’s worth parting with some of your pieces for a profit. We’ll also discuss the top gold buyers in Lake Grove, NY. Let’s get started.
What Kind of Gold Jewelry Can You Sell?
Let’s go over the basics first. You can sell several types of gold jewelry for cash, including:
If your gold jewelry includes gemstones or diamonds, you can get an even better price for it. You can also sell silver jewelry and silverware for cash, but it isn’t as valuable as gold.
How to Figure Out the Value of Your Jewelry
The biggest question most jewelry owners in Lake Grove, NY have about selling their jewelry is whether or not it’s worth it. Is the cash for gold enough to part ways with a beautiful piece and go through the trouble of selling?
There are a couple of ways you can figure out the value of your gold jewelry pieces before you commit to selling them. First, you can take it to a local jewelry store to get an appraisal. Jewelers are highly skilled appraisers; however, it’s not a bad idea to get more than one appraisal.
If you do decide to sell your gold jewelry, you can take it back to the jeweler that gave you the best price. Keep in mind that some jewelers charge a fee for appraisals.
You can also use an online gold calculator. To get an accurate valuation, you need to know the weight of your gold jewelry. Check to see if the weight is etched into your jewelry piece. If it isn’t, you can use a small kitchen scale to calculate the weight in grams.
Next, you need to do some research about the current price of gold. Luckily, gold jewelry typically retains its value, but the value of gold fluctuates daily. If you are ready to sell your jewelry to gold buyers, make sure you research what the price of gold is that day to make sure you get accurate cash for gold offers.
Where to Sell Your Jewelry in Suffolk
Speaking of gold buyers, you want to make sure you sell your jewelry to a reputable buyer. If you bought the jewelry yourself from a local jewelry store, the best option is to sell it back to that same store.
If you don’t know where the piece you are selling came from but you have a local jewelry store that you frequent, you can see if they will buy it. Going to a jewelry store where you are a loyal customer will help you get an honest appraisal and a better offer.
If that isn’t an option either, then we still recommend visiting a local jewelry store to sell your jewelry. As we said, jewelers are expert appraisers, and when you sell in-store, you can usually walk out with cash in your hand. The process is just as convenient as selling to a thrift store or pawn shop, but it’s a better experience, and you will avoid low offers.
If you live in Suffolk and need a reputable place to sell your gold jewelry, Roma Jewelry will happily appraise your pieces.
How to Choose Which Gold Jewelry Pieces to Sell
Hopefully, by now you’re convinced that selling some of your gold jewelry for cash is a great idea. Now that you know about the process, the next thing to figure out is which pieces you want to sell.
We recommend selling the jewelry pieces that you never wear. Don’t sell anything that you have a strong emotional attachment to because you will probably regret it later. However, if it isn’t sentimental to you, you may as well get cash for it and make space in your jewelry collection for more pieces you love.
Oftentimes, people sell jewelry pieces that were gifted to them that aren’t their style. Many people also choose to sell their engagement and wedding rings after a divorce. Some people even sell family heirlooms because they have enough sentimental pieces to remind them of their loved ones.
If you have a broken watch, an earring without its pair, or scrap gold, selling it is a great way to get it off your hands. Vintage jewelry pieces that have come back in style can also get a great price, so it’s a good idea to keep an eye on jewelry trends as well.
Once you know which pieces you want to sell and have a general idea of their value, the selling process is relatively easy.
The Gold Jewelry Selling Process
As we said, when you sell to a local jeweler, you can get a quick offer and walk out with cash. You can also look into selling your jewelry online, but it’s a longer process.
Plus, some local jewelers offer trades, so if you’re an avid jewelry collector, you may want to trade in your unwanted jewelry for a new piece that you will appreciate more.
Get Cash for Gold for Your Jewelry in Lake Grove, NY Today
Selling jewelry isn’t for everyone, and we would never encourage you to get rid of special pieces just for the money. However, if you have gold pieces gathering dust in your jewelry box, it is worth it to find out how much cash you could get for it. You never know when your vintage jewelry will come back in style and be worth a lot of money.
If you’re ready to get cash for gold in Suffolk, contact Roma Jewelry today at 516-795-8843.