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3 Ways To Sell Your Gold Jewelry For Cash

Finance & Money Blog

Looking to earn some money by selling your gold jewelry? You might have a collection of pieces that you have not worn in decades or are simply no longer interested in keeping for various reasons. No matter why you want to sell your gold, there are several ways to do it. 

Take Your Gold Jewelry to a Gold Dealer

Gold dealers are known for buying all different kinds of gold. They will not mind if you are selling broken pieces of jewelry because they usually have no intention of wearing your jewelry. A gold dealer will know how much the metal is going for when you come into the shop. You can expect the dealer to weigh your gold and carefully examine it before offering you a certain amount for it. If you are not sure how much you can get, you can always bring the gold to different gold dealers to see what each one is willing to offer and to make sure that you are getting a good deal.

Bring Your Items to the Pawn Shop

Pawning your gold is another option. You can bring all the jewelry to the pawn shop and then receive a cash loan for it. While pawn shops give you a certain amount of time to come back and collect your belongings by repaying the amount of money that was loaned to you with interest attached, there is always the option of simply selling the gold items to the owner of the pawn shop and keeping the cash that he or she provides you with.

Sell Your Gold Online

If you would rather not go to the gold dealer or a traditional pawn shop, you can always sell your gold jewelry online. There are different ways for you to sell these items. You may want to post the pieces on social media to let your followers know that you are parting with the items. List reasonable prices and you might sell your unwanted gold jewelry rather quickly. Aside from social media, you can visit different websites that may buy used gold jewelry in any condition.

Have you found some unused gold jewelry that you have not worn in ages? If you do not plan to wear your gold jewelry, you can sell it to make some extra money. There are many ways to sell your jewelry, including posting the items on social media, bringing them to a gold dealer, or even taking the items to the pawn shop.

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28 January 2020