How to Make Money Selling Old Jewelry

You may have heard stories from your friends about selling old jewelry and making some extra cash. They talk about how easy it was to do. Often they were surprised at how much it was worth. Anyone can do this and most people are pleased with the results. They find old jewelry they never use anymore and sell it to a Miami company that buys it for a fair price. It is just as easy as that.

Slow down a little before running into the nearest store, because it is a good idea to do a little homework before trying to sell the jewelry. The jewelry that contains gold will be sold for its weight. Some of the other jewelry that contains precious stones could be worth a different amount.

Most people have no idea how much the jewelry is worth. It might be a good idea to try a couple of different companies before making the final decision. Most people have no idea how much the jewelry weighs. They trust the jewelry buying company to be honest with them. Most of them are, but it is a good idea to make sure.

Start by looking in the directory under “sell gold Miami” or “diamond buyers Miami”. There will be a variety of results. Find one that is close to home and easy to get to.

Some people have gold buying parties. These are not a good idea. People get together in one place and sell their jewelry. The host or hostess of the party gets part of the premium. It is better to find a good source that buys old jewelry.

Take a good look around the house and try to find old rings, earrings, chains, and bracelets. They can be tarnished or broken, it really doesn’t matter.

A jewelry loupe can be helpful to inspect the jewelry before taking it to be sold. Look closely for any markings on the jewelry. It will state what type of gold it is. It might be 14 or 18 carrot gold. Some of it could contain no gold. It might be costume jewelry. Some people like to remove stones from the jewelry to be sold separately.

For people who are looking for someone who advertise that they sell jewelry Miami, now is the time to make an appointment. Some of them will welcome walk-ins, but many will have more time if an appointment is in place.

The jewelry can be weighed on a small scale. Many people have one sitting around the house. They are used in the kitchen to weigh food, but they work great for checking out the weight of the gold.

Now that the homework is done, the fun begins. Selling gold is similar to the scenario of someone buying a new car. A smart buyer will have checked out what the car is worth, so when they walk onto the car lot, they are ready to get the best price.

Antique stores, jewelry stores and specialty shops that buy gold are good places to try and sell this jewelry. Remember that the middleman will want part of the value of the gold. It is usually around thirty percent.

Most people like to use a source that specializes in gold buying. They work with the public everyday. Look for them under “Gold jewelry selling Miami” to find a reputable one. Most of them will be willing to walk someone through the process. They will explain exactly what the jewelry is worth and why. Don’t be afraid to ask questions. They welcome them and want people to feel comfortable. After all, if someone has done their homework, they do have a basic idea of what the old jewelry is worth.

Most people are anxious to see all this gold sitting around the house and not being used. In some cases, it might be good idea to hang on to it for a while. It can come in handy during hard times. Either way, it is usually a good idea to check it out and see what is valuable in that old jewelry box. Most people are pleasantly surprised to find out what they have.