How to Turn Your Scrap Gold Jewelry Into Cash
If you have gold jewelry you want to get rid of it, turn it into cash by selling it to a jeweler or gold dealer. It doesn't matter what condition the jewelry is in, as long as it's gold or has gold in it. Keep in mind that jewelers or gold dealers will pay only for the gold content, not the stones or gems or the craftsmanship that went into the jewelry.
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Instructions
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Put all your gold jewelry together. Decide which bracelets, necklaces, rings, pins, earrings and other jewelry you want to sell.
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Find a jeweler that buys gold or a business that specializes in buying gold. Check the phone book or search the Internet for gold dealers in your area, or search the Internet for online gold dealers.
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Bring your gold to the gold dealer's or mail it in if you're working with an online gold dealer. Ask the gold dealer for a special mailing package. Send the gold by certified mail and have the shipping or postal service insure it. Expect to be paid based on the purity/karat of the gold, the current price of gold and what the dealer offers.
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Tips & Warnings
To get cash for your gold jewelry, sell it online at eBay or Craigslist.
Never pay someone to buy your gold jewelry. If you're asked to pay anything upfront, the chances are that it's a scam.
References
Resources
- Photo Credit jewelry image by Aleksey Ubozhenko from Fotolia.com
