High prices and a favorable gold market make it an excellent time to put your old gold jewelry up for sale in Boca Raton. The last few years has seen a dramatic rise in gold prices. Despite a dip in recent months, you can still come out on top by recycling gold pieces you’re not using. Why let valuable jewelry go to waste when you can cash in on its gold value and make a little profit? You may not get its “weight in gold,” but every little bit helps when it comes to boosting your budget.
Where to Sell Gold in Boca Raton
There’s no doubt that you can get good cash for quality gold jewelry. The question is: where is the best place to sell? If you’re going to go through the trouble of rummaging your closet and drawers to collect golden relics to sell, you want to get the most for your investment.
There are many options for selling gold jewelry in Boca Raton; these range from pawn shops to jewelry stores, gold parties, mail-in buyers and online auctions. By exploring these options a little deeper, you can decide what would work best for you.
Pawn shops may not especially appeal to you, but they can be a quick and effective way of getting cash for your gold jewelry pieces. Since pawn shops readily attract gold jewelry buyers, it stands to reason they would be interested in checking out what gold jewelry sellers had to offer. By going slow and showcasing your jewelry in several locations, you’ll get a better idea of what kind of price you’re likely to get in the pawn shop arena.
If you have a wide circle of friends, you can try having a gold party to see if anyone is interested in your old jewelry pieces. There’s no guarantee of a sale, but you could meet people willing to exchange your pieces for gold jewelry of their own that appeals to you more.
If you’re hoping to get a high price for your merchandise, mail-in gold buyers are not the best choice, as most pay only around 11-29% of market value. In contrast, online sales and auctions often command good prices, especially for antique or fine jewelry pieces. The trouble with online sales and auctions is the time and effort required to get the results you want. For quick and “painless” sales, online auctions just won’t do.
Last, but not least, local jewelry stores in Boca Raton offer a fairly good alternative for selling your unwanted gold jewelry. By working with a trustworthy professional jeweler, you’ll benefit from a more relaxed and pleasant experience due to less worry about haggling over prices. Raymond Lee Jeweler has established an excellent reputation as a buyer of antique and fine gold jewelry in Boca Raton. At Raymond Lee, you can have your jewelry appraised before selling and you’ll be given every courtesy to ensure you get a fair price, making your jewelry selling efforts worthwhile.
Tips for Selling Gold Jewelry in Boca Raton
You don’t have to be a gold connoisseur to sell gold jewelry, but it does help to know a little about the market and what to expect when selling your merchandise. You should know, for example, that prices for buying gold jewelry are determined by weight and purity of the gold. If your jewelry is of solid gold, i.e. 24 karats, it will go for a higher price.
You can usually see what gold content your jewelry has by looking around on the inside or back of the piece. Gold content may range from 10k to 14k, 18k, 22k and 24k. Naturally, the lower the gold content, the lower price you can expect for your jewelry, especially if the buyer plans to have it melted down. If you have beautifully designed antique or vintage jewelry, you may do better selling it as “estate” jewelry rather than as recycled gold. By having your merchandise appraised, you can get a better idea of its actual value.
It always pays to go slow when selling valuable gold jewelry, especially if your merchandise has sentimental value. Make sure you really want to part with your pieces before taking them to a buyer. The best items to sell are broken jewelry, really outdated pieces and jewelry sets that have missing parts, such as earrings. If you have any doubts, give yourself some time to mull it over. Once your jewelry is sold, there’s no guarantee you’ll get a chance to get it back.
After making a definite decision to sell, look around for a good gold buyer in Boca Raton – one you feel comfortable doing business with. Try to get prices from different types of buyers to get a better idea of what your merchandise is actually worth. If you’re not sure about a particular buyer, go elsewhere. You can also check with the Better Business Bureau to verify your buyer’s business reputation and standing.
When it comes to antique jewelry or jewelry with precious stones or intricate designs, definitely have it appraised before selling. It could be your piece is much more valuable than you are aware and you could get a higher price by selling it through aother medium. By doing a little research on the Internet, you can learn more about antique gold jewelry and how to get the most from its sale.
If you’re selling gold jewelry for its melt-down value, don’t count on getting its craftsmanship or creative design to get you a higher price. Many buyers won’t even consider precious stones in the bargain. If a buyer is going to recycle your piece, he’ll only be interested in its gold content. He’ll also discount fees for refining, which will come out of your price. It’s good to keep that in mind, so you don’t feel you are getting slighted on the price.
Go slow in selling your merchandise as it gives you more time to consider your options. Don’t feel you have to accept the first offer that comes around. If you only have one or two pieces of jewelry to sell, you may not want to waste too much time looking for the “perfect” deal. However, if you have quite a collection of gold jewelry pieces, you’ll want to ensure you’re getting the best prices.
By keeping abreast of gold prices, you can avoid making really bad sales decisions. Dealing in gold requires that you have some knowledge about the market. The more you know, the easier it is to work with your buyer.