How to Buy & Sell Gold Jewelry in Long Beach, California

Today’s gold market is an active trading place. Every day, we are exposed to television and radio commercials advertising companies that want to buy gold, and there is no shortage of people ready to sell it to them.

Instructions

Background Research

1. Research the gold markets. The price of gold changes twice each day. You can get the current price by visiting the Kitco website. Knowing the market will prevent you from buying jewelry for more money than you will be able to sell it for.

2. Monitor gold jewelry being sold online. You can usually find good deals on jewelry by visiting online auction sites, such as ebay.com. You can also visit the Long Beach section of Craig's List, which has a special area for jewelry being sold in Long Beach.

3. Use newspapers to announce that you want to buy gold jewelry. The classified advertising section of most newspapers has a section to post “Want to Buy” ads. There are a few newspapers to choose from in Long Beach, but the main one to focus on is the “Downtown Gazette.” A link to the newspaper’s web site can be found in the “Resources” section, below.

4. Frequently visit local pawnbrokers to see what gold jewelry they have for sale. Since pawnshops will buy gold for far less than they sell it, they are receptive to negotiation and can be talked into a better price. If you have the financial means, you may want to consider opening your own pawnshop, which will allow you to buy jewelry directly from the public at prices that are below wholesale. A few of the Long Beach pawnshops to look into are iSold It at [phone], Pawn Shop Exchange at [phone] and City Loan at [phone].

How to Sell Gold Jewelry in Long Beach, California

1. Advertise in the newspaper. Just as the newspaper is a great place to find jewelry to buy, it is also a great place to sell jewelry. Many newspapers even have a special section in the classifieds that is dedicated entirely to jewelry. In addition to the “Downtown Gazette”, you may also want to carry an ad in the “CSU 49er” college newspaper and the “Long Beach Press Telegram”. Links to all of these have been added to the “Resources” section, below.

2. Take your gold to some of the jewelers in Long Beach. These individuals will often buy gold jewelry, which they clean, polish and sell in their store. This is often the fastest way to sell your jewelry at a reasonable price. Some of the jewelers to visit in Long Beach include Dave Schneider Fine Jewelry [phone], Beach Jewelry Center [phone] and Rainbows Fine Jewelry [phone].

3. Sell your items to the Reliable Gold Exchange. This company is usually the best option for any damaged or broken jewelry that you have acquired. You will not get as much money as you would for items that are in great condition, but you will be paid the fair market melt value for your gold. You can contact the Reliable Gold Exchange at [phone].

4. Consider selling your gold jewelry online. If you are not happy with the offers you received in Long Beach, then expand your search to include the Internet. This makes your product available to a wider audience and will often result in a higher selling price for your jewelry. Online auction sites such as eBay are a popular choice, because the person who is willing to pay the highest price purchases your items.

Tips & Warnings

• You may also want to sell your gold jewelry on consignment. Many boutiques will accept consignments. They will put your jewelry up for sale in their store and call you if it someone purchases it. In return, they will be paid a commission on the sale.

Resources

• Long Beach Downtown Gazette
• CSU 49er Newspaper
• Long Beach Press Telegram
• Mark Schneider Fine Jewelry
• Rainbows Fine Jewelry