Tips For Selling Your Gold

If you want to sell your gold jewelry for cash, at a place like Sol's Jewelry and Pawn, then you might not know where to begin. After all, you want to get the most bang for your buck, but trying to find the perfect price point for your goods can be a real hassle. If you are looking for a price that is too high, then you might not ever sell. If you sell too low, then you might regret the transaction later. To help you get the perfect deal, here are some tips that can hep you to convert your gold to cash.

Finding the Worth of Your Jewelry

Before you try to sell your gold, you will definitely want to find out how much it is actually worth. You might be a bit apprehensive about shelling out the cash for an appraisal, but it could mean the difference between selling your gold at their true (and potentially high) value or getting only a fraction of the money that your jewelry is worth. 

Regardless of whether you find that your jewelry is priceless or worthless, it will give you a much better idea of what kind of offers you will get and how accurate they will be. Multiple opinions are critical to finding the true value of your jewelry, and you don't want to make a sale based solely on what the buyer tells you that your goods are worth.

Gold Smelters

Some businesses will offer to melt down your jewelry into gold, but you should think carefully before accepting such a proposition. In many cases, they will offer to buy your gold for less than other businesses, which means that you will make less money. On the other hand, if you are having a lot of trouble selling your gold (such as if the jewelry that isn't very aesthetically pleasing), then a gold smelter might be your best bet. They don't care about what your jewelry looks like and are only interested in the gold content contained therein.

Depending on your mentality towards your jewelry, you might also be unwilling to see it broken down. You don't want to regret your decision later and, while you can probably buy back any jewelry that you sell and have second thoughts about, it will be impossible to revert the smelting of your jewelry. If you want some other family to cherish and love your jewelry, then a smelter isn't such a great idea.