How to Sell Your Gold Jewelry in Connecticut
Have you ever thought about selling pieces of gold jewelry that you might have in your collection but have absolutely no real use for? Sure, the jewelry might be beautiful, but if it's just sitting around in a dark drawer in your bedroom, you really have no use for it. Selling gold is not always the easiest process, as you want to make sure you get the best deal possible. Here are some ways to sell gold jewelry in the state of Connecticut.
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Instructions
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Take your gold jewelry for an appraisal. Go to an appraiser or a jeweler who is not buying at the moment (for a neutral appraisal). There are many appraisers and jewelers in the state of Connecticut. The cost of an appraisal is approximately $35 per piece. It is a good idea to do this because you will receive a ballpark figure to work with, and also you'll know the gold's weight and content.
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Decide whether or not your gold is worth selling. After having your jewelry appraised, you'll probably know whether your gold is worth selling. There are other things to consider, such as the design and workmanship of the gold jewelry--those are the items that you'll probably be able to sell for a higher price.
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Avoid mail-in programs. There has been a trend in recent years of companies offering to pay people for sending in their unwanted gold jewelry items. Although this might be the easiest way to sell and get rid of your jewelry, you are likely to receive the worst payment this way.
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Search for a buyer with a solid reputation. In looking for a buyer, it's a good idea to check for buyers with affiliations to the Jewelers of America or the Jewelers Vigilance Committee. There are numerous in Connecticut. These groups require that all of their members stick to the strict stands of their group. One way to find out whether the buyer is affiliated with these organizations is by looking for a membership seal in the shop's window.
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Shop around for estimates. Once you've found some trustworthy buyers, get estimates from them. Find out how they calculate how much each piece is worth, find out what they use for the price of pure gold and find out their commission charges. After having acquired all of these details, you should be able to make the decision about where you would like to sell your jewelry.
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Tips & Warnings
Make sure to keep up on prices in gold. Look up the closing prices for gold every day. There are various resources online for doing so.
