How to Sell Used Gold Jewelry

Many people find they need to sell gold jewelry that has been handed down and may not be to their taste. Others may want to sell their jewelry for financial reasons. No matter what your reasons are, there are a few steps needed to sell your jewelry.

Things You'll Need

• Estimate from certified gemologist
• eBay account
• Paypal account

Instructions

1. Visit a certified gemologist at your local jeweler or a jeweler that you have received a personal recommendation for. Jewelers can be found in the Yellow Pages or by searching online.

2. Get an estimate for your gold jewelry including the weight, value and replacement costs. This estimate will be used to verify your gold jewelry's value to any potential buyers.

3. Ask the jeweler you received the estimate from to sell your jewelry. They will receive a 10 to 15 percent commission.

4. Sell your jewelry on eBay. If you sell your gold jewelry on eBay, you will need to open a Paypal account so you can receive the payment from the purchaser.

5. Sell your gold jewelry to an online jewelry purchasing company. You may not get as much money for your gold jewelry as you would like, but you will be cut a check within a week of selling the jewelry to this service.

Tips & Warnings

• Get your gold jewelry cleaned so it is in excellent condition before selling. You will get more money if your gold jewelry is not scratched or dirty.

• If selling your jewelry in person, be sure to be in a public area and bring someone else with you.

Resources

• A gold jewelry buying service if you are looking to sell your jewelry quickly