The economic downturn and the high prices precious metals are selling for undoubtedly
have many people wondering what prices the old jewelry, watches and other items sitting in their drawers might bring. The way to determine how much such items might be worth is to take them a jeweler that buys metals like silver and platinum.
The good news is that it will be fairly easy for Long Island residents to sell such items to a licensed jeweler or metals trader. The bad news is that most people will not get the high price per ounce they see listed in the paper for gold. Even though they won't get that price persons who bring such items could still get several hundred dollars in cash for them.
The reason these items will fetch a lower price is that they will not be made of pure gold. Jewelry is usually made of more than metal, it will contain other materials. This will still be valuable it just won't be as valuable as the pure stuff. The same goes for similar metals like silver and platinum.
A person should bring in all their old jewelry when they do this because buyers are looking for more than gold. Many traders are also purchasing silver and diamonds as well.
Sell Your Valuables at Home
Individuals who live on Long Island are really lucky because there are some jewelry buyers in the region that actually make house calls. These professionals will come to a person's home, inspect any valuables and pay cash for them on the spot if they are worth money.
This means that women, seniors and others don't have to take the risk of carrying valuables down to a store. Instead they can sell their items in the safety and privacy of their own home.
A person who has a large collection could have all their pieces examined at once. A person who is moving or thinking of moving doesn't have to go to the trouble of moving jewelry, coins and other collectibles. Instead they can sell them directly to a licensed buyer who will pay top dollar.