Be Cautious When You Choose A Dealer To Sell Old Jewelry

Due to the rise in demand for gold a person has numerous options where they can sell their old jewelry

. There are many jewelry shops as well as brokers that are gold dealers. You need to have kind of understanding of the process when selling old jewelry. You can also choose a dealer to sell old jewelry should you have several items that you want to sell.

You can also frequent various different jewelry shops and can choose a dealer to sell old jewelry and antique shops are another option as many of them deal in old jewelry and doing it this way can be tedious and tiring.

Old jewelry is sold for so many different reasons especially when instant cash is needed for an emergency or the jewelry is very old and no longer fashionable. The reason is not important but what is important is that you have some sort of proof or a certificate stating the jewelry belongs to you.

Appraisal stores are a dime a dozen and these dealers buy and sell so you can sell your old jewelry to them. Don't rush into a sale take your time if you want to get a good price as a quick sale will halve the value. You also need to get at least three different evaluations done so that you will at least know what your old jewelry market value is.

Place you can try online are Craigslist as well as eBay which are well known and there are numerous online shops and auctions sites which all buy and sell old jewelry. You need to know the karats of your gold pieces which could be 24, 9, 14 or 21 karats. The purest and most valuable is the 24 karats. Karats are of no significance to a gold dealer and gold will only be bought by weight by the dealers.

Great caution needs to be taken when you choose a dealer to sell old jewelry check to see what kind of track record they have and also they should reputable. Ask friends and family to recommend you to a good dealer. If there any gems these also need to be valued apart from the gold and then you have a choice of selling your old jewelry separately which means you remove the gems.

Do not become a victim to any of the gold cash scams that are around be very cautious. Whatever the original price of the jewelry was you can sell each item for at least 75% of the original value and obviously many antique pieces are really valuable and in demand so you could sell for a high price.

by: Terry Stanfield

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