Buying Gold From Jewelry Stores

Video Transcript

"Hi, I'm Judy Carrier with Jewels by Park Lane. I'm going to talk to you about buying jewelry, and gold jewelry in jewelry stores. First of all, why are you buying gold jewelry? Are you doing it for investment or just because you like the way it looks? Now if you're buying for an investment do you want an actual piece of jewelry and you have to take in to consideration the setting and the style or do you want to get something like just bullion, you know getting gold coins, this type of thing. Whatever you do whether it's just as an investment or because you want a beautiful piece to wear, seek out a reputable jeweler. Go to a store that's been established that's been in the business for a long time, that's been recommended by a friend or you have heard about over the years. And established store will have an accredited jeweler who can give you an appraisal and it can give you a certificate of authenticity for your diamonds or your gold. You need to know the weight, the cut. You need to have all of that, the clarity and the color. All of that needs to be documented to give value to you know, your jewelry, whether it's gold, whether it's diamonds, whether it's anything else, make sure you're dealing with a reputable firm. And if you're spending that kind of money make sure you get it insured. I'm Judy Carrier with Jewels by Park Lane and that's the easiest way to by gold from a jewelry store. Just ask."