How to Sell 14K Gold Jewelry
Gold is at an all time high in the marketplace. It is the perfect time to unload some of those broken gold jewelry items, old pieces that are no longer worn or items that simply don't fit. Additionally, there are lots of options to explore for selling gold, both locally as well as throughout the nation. It is simple, easy and relatively quick. Best of all, it helps earn a few extra needed dollars. Does this Spark an idea?
Instructions
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Check with local pawn brokers. Some of them have made connections that can help bring a good profit for old jewelry items. However, be cautious and get several quotes before deciding where to sell your gold. This isn't the time to accept pawn shop prices when there are big bucks to be found in the gold jewelry market.
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Check the yellow pages to determine who else in the area might be making gold purchases. Some jewelry dealers are also beginning to get in on the market. A few of them even have the equipment to melt and recycle the gold for their own personal use.
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Contact usgoldbuyers.com (see link in Resources). They will make arrangements to have the gold items picked up and sent to them through a secure mailing company. Most of the time, they arrange for overnight shipping so that they can immediately give a quote on the items received (within 24 hours). Once a price has been settled upon, payment will be arranged via Paypal, Western Union, Money Gram or company check. Bank wires can be arrangement for amounts exceeding $2500.
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Use goldpaq.com (see link in Resources). Fill out their form online or call the company's toll free line and they will send a goldpaq mailer right away. Pack the gold items into the pre-paid postage mailer and send it off. Once the items are received, the seller can expect to be paid within 24 hours either by check or direct bank deposit.
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Choose goldkit.com (see link in Resources). Fill out their online form to receive a pre-paid and insured mailer as quickly as possible. Pack the gold items as instructed with the mailer and send off. Once the gold is received and processed, payment will be made within 24 hours.
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Contact cash4gold.com (see link in Resources). Fill the form out online or call the company at their toll free number and request their free prepaid and insured refiner's kit. Put the jewelry for sale in the packet sent by the company and drop it into any mail receptacle. Once the items have been received and processed, payment will be made within 24 hours.
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Use brokengold.com (see link in Resources) for jewelry items that are defective or broken. Fill out their online form to receive a pre-paid kit. All that is left is to place the items in the package and drop them in the mail. The company will make a quote on the contents within 24 hours of receipt.
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Tips & Warnings
Deal locally whenever possible if immediate money is required.
Make sure the kits sent to you are pre-paid and insured.
Follow all of the instructions given by the company in question to the letter. Anything less may result in a negated deal or even loss of the jewelry items.
Make sure the jewelry items are marked 14K.
Check out any and all companies before using them. Run online checks and contact the Better Business Bureau.
Resources
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Comments
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GEMaffair
Aug 25, 2008
I think that it would be helpful to let people know what they should expect. If you take the spot gold price and multiply by .0266 that should give you approximately the fair price being paid for scrap 14kt gold. Spot x .019 is for 10KT. -
GEMaffair
Aug 25, 2008
I think that it would be helpful to let people know what they should expect. If you take the spot gold price and multiply by .0266 that should give you approximately the fair price being paid for scrap 14kt gold. Spot x .019 is for 10KT.
