When times are tough and we’re all tightening our belts, it might help your financial situation to sell gold, silver or other precious metal goods that you own. For most folks, this is a much better alternative than selling things you need, like the car or TV, or trying to get yet another part-time job to make ends meet. If you want to sell gold and jewelry, you want to make sure you get the best deal possible. Let’s look at ways to make money on your old jewelry and precious metal goods.
Selling Precious Metals At Pawn Shops
When most of us think about how to sell gold and other jewelry, the first thing that comes to mind is your local pawn shop. Pawn shops are a great way to get rid of things and get some money for them. Unfortunately, pawn shops are not usually where you get the best deals. There are good pawnbrokers that’ll offer you top dollar for quality goods, and then there are the cheap ones, usually located on the wrong side of the tracks, who will rip you off mercilessly.
If you want to sell gold at a pawn shop, first you should do some research so that you can find a reputable one. Look for pawnbrokers in good neighborhoods and, if possible, get a referral from a friend or family member. Failing that, look online. There are lots of websites that offer online reviews of pawnbrokers in every local area. Read these reviews and they’ll help you weed out the less-than-trustworthy ones.
Sell Jewelry Online
Selling online is a little tricky, but it’s a good way to get more cash for your old metal goods. Sites like eBay offer a simple way for anybody to sell goods online. Before listing your goods, do some web research and try to get an idea of how much they’re worth. Look for similar goods with the same precious metal content, and keep in mind age and wear. Find as many other goods as possible and this will give you a good ballpark figure.
Online sites are simple, but there are still some things to think about. You’ll need to take good, clear pictures of your goods, and make sure you list them correctly so that buyers will find them. This involves using keywords and writing an eye-catching description. Once the items are sold, you’ll have to ship them to the buyer, and shipping costs should be calculated into the price. It takes a bit of work, but it’s a great way to get top dollar.
Try A Jewelry Store
In every urban area, there are jewelry stores that are great places to sell gold. The advantage of going with a store that specializes in gold, silver and other precious metals is that they know quality when they see it. Their reputation rests on giving sellers a fair deal. They’re experts at what they do, and they’re guaranteed to give you the best prices available, unlike pawn shops who often give you the least amount of money possible.
The safest and easiest method for making sure you get the most for your precious metal goods is to sell jewelry at a store that knows its metals. Before you hit the pawnshops or go online, see if there’s a local gold dealer near you.