Is it Time to Sell Unused Jewelry to Gold Buyers in Lincoln Park?

by | May 10, 2013 | Jewelry

If you are like many of us, you probably have a jewelry box full of odds and ends of jewelry that you have collected over a lifetime. Some may have sentimental value, but, let’s face it, most of it just feels useless. However, you might be surprised at how much your gold & diamond jewelry is worth. By taking gold and jewelry to Gold Buyers Lincoln Park residents may have a surprising source of quick cash.

Most people have no idea that a local pawn shop may be a qualified gold buyer. Although not all pawn shops offer this service, many are skilled at evaluating jewelry and gold. They may also pay you more than businesses that specialize in just buying jewelry. However, there are a few steps to take when considering a trip to your pawn shop:

SEARCH: Take inventory of your gold and jewelry. You might be surprised at how much you have. Did you know that some businesses will buy scrap gold and loose diamonds? They may purchase old watches, vintage jewelry, silverware, and coins. Many even buy dental gold.

WEIGH: Gather your jewelry, and weigh it. You can use any small scale. Although this weight will probably be different from the gold buyer’s, at least you have some idea of what you have when you begin negotiations.

CHECK PRICES: Gold is very valuable because it can be used for so many things, and it is always in demand. However, the price changes often, so you should check current prices before you sell your gold.

Before you try to sell anything, call around and see which pawn shops buy jewelry and gold. If possible, visit more than one store, to make sure you get the best price.

HAGGLE: Gold and jewelry buyers make their profits when they buy for as little as possible, then sell high. This means you usually have room to negotiate the price, and possibly raise it.

Gold and jewelry buyers evaluate your gold and jewelry quickly and usually pay cash on the spot. A trip to the pawnshop could rid you of unwanted jewelry and provide mad money, in one step.

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