4 Secrets for Selling Your Gold Jewelry for Quick Cash

Posted by Royal Gold Buyers on February 10th, 2021

There are several out there who believe that selling gold jewelry to pawn shops can bring about instant cash. Well, it is true to a great extent but since it is gold, you cannot just step in anywhere you feel like and part with it.

What if they dupe you of money claiming the gold to be less worthy than it is especially when you are a layman?

What if they fool you into saying that your jewelry is worth peanuts?

Well, the case may be anything. Pawn shops near Rockville Centre can be the best place for your unwanted jewelry but you need to keep a few things in mind before you let go of your asset.

Get to know of the carats

The worth of gold is always determined by its carats. Gold jewelry is available in 24K, 18K, 14K, 10K, and so on. The lower the carat, the lesser is its worth. Some gold jewelry has the carats engraved in them while some do not. If you plan to sell jewelry, check for the engraved numbers. Take it to an expert who can determine its worth as well as the carat and then opt for pawning. This way you know what you can expect.

The weight of the jewelry

Often, the weight of the jewelry is checked before you sell them. The reason behind it is the worth of it often depends on how heavy it is. The more the weight, the costlier it is. Gold is measured by the troy and getting it checked before you sell allows you to determine its worth and whether you will be receiving the right price in return.

Keep old jewelry as it is

Some may convince you by saying that old gold jewelry is worthless and will not fetch you money. Well, they are wrong. Old gold has a lot more worth as they are rare to find. If you have an antique piece left behind by your grandparents, there are chances that it may have other precious to it. Therefore, keep the jewelry intact. You could try polishing them if they look faded but never change their form.

Look out for the right pawn shop

Anyone and everyone may not be eligible to pay you the right amount in return for the gold you sell. You need to look out for a gold buyer in New York that can help you well. Asking friends and family or looking up online reviews can give you an idea of whom to go to sell your jewelry.

These are a few basics that can bring the right returns for the gold that you plan to sell. Follow them and get instant cash.

Author bio — The author has experience with selling gold jewelry at pawn shops and intends to help the rest make the right decision.