Whether you’ve found yourself a little tight on cash, just looking for some spending money or even if you’re just anxious to get rid of an old gold piece that you haven’t worn in forever, selling your unwanted gold jewelry for profit is a tempting solution. However, hastily pawning off your old pieces can prove to be risky without doing a little research beforehand. Following these simple guidelines can help ensure that you don’t leave precious money on the 22ct gold earrings table when trading in unwanted gold jewelry for some cold, hard cash.
Chances are, you have little to no idea of what your gold ring or necklace is actually worth on the resell market. To get a better idea of how much you can expect for a piece, it is always recommended that you have a piece of quality gold jewelry appraised before you attempt to cash it in. Getting your item looked at by a professional eye is going to cost you, but if you have even the slightest hunch that your item may be of value, a reliable appraisal will most definitely pay itself off in the long run.
Do not forget to take the emotional value of your 22ct Gold jewellery piece into account before selling it. Although your emotional attachment to the piece obviously doesn’t increase its value to a reseller, selling your cherished gold earrings or necklace for a quick buck will most likely leave you with feelings of guilt long after you’ve burned through the extra cash. Set a minimum dollar amount you’d be willing to sell your piece for prior to having it appraised or attempting to sell it to avoid losing your treasured jewelry for less than you feel it’s worth.
When you’re ready to sell your item, avoid money for gold type programs if at all possible. Solutions like these are usually one of the first options that run through our heads since we see them advertised on television all the time, but selling your gold through this type of system more often than not leaves you with less cash than the jewelry is actually worth. Only gold pieces that would have absolutely no value to anyone else (like class rings or mismatched earrings) should be sent to these types of companies, and make sure you
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