How to Get the Most Money Selling Your Gold Jewelry

If you’re looking for the best place to sell gold jewelry for top dollar, you’re not alone. Any Orange resident searching for a good place to sell gold is going to want to get the most money possible for their valuable items. But how do you ensure this? It’s not enough to simply search “sell jewelry for cash near me” and pick the top result. In order to get the most money when selling gold jewelry, you’ll need to follow these three key steps.

Clean or restore your gold jewelry before having it appraised

A key part of maximizing the value of your gold jewelry is to have it in as good condition as possible when getting your valuables appraised. Restoring your jewelry can help you earn a significant return on investment and increase the value of your belongings when it’s time to sell. Gold jewelry restoration specialists such as those at Watch & Wares know exactly how to treat various precious metals and stones in order to clean them thoroughly without damaging any part of the item. However, if you’d rather not spend the extra money to have it restored, cleaning it yourself at home can help you increase the appraisal value as well. You can clean gold jewelry using a combination of dish soap and ammonia, or you can purchase a cleaning product made specifically for gold items. Be careful of any gold jewelry that contains gemstones, however, and verify that your cleaning method is safe for those specific stones. 

Know the value of your gold jewelry beforehand

Another way to ensure that you’re getting the most money for your gold jewelry is to do thorough research on the market value of your item. Untrustworthy gold buyers, of which there are plenty, will try to offer you far below a fair value in order to maximize their profits. Knowing the market value of your item and a fair resale estimate beforehand will keep you from falling prey to opportunistic gold buyers like these. If you’re selling your gold jewelry to a gold buyer rather than a private party, they will always offer you less than market value since they are taking on the time and expense of reselling the item to a private buyer. However, they should still offer you a fair value for your item that isn’t too far from the market resale value. Have your item appraised by an objective third-party or from several gold buyers in order to establish a clear idea of what a fair price range for your gold jewelry would be. 

Shop around for a good place to sell gold

When you’re parting with sentimental and valuable items such as gold jewelry, it’s important that you never act on impulse. If you’ve decided you definitely want or need to sell the piece, take the time to do thorough research on gold buyers near you in order to determine which one is the most reputable and will give you the most money for your item. Look through their online customer service reviews, verify that they’re licensed to buy gold jewelry in your state, and make sure they have a certified gemologist on staff. These are all signs of a reputable, trustworthy gold buyer, and they will be most likely to offer you a competitive price with a comfortable customer service experience. If you have multiple pawn and loan shops you’re considering, get appraisals from each of them. Any good place to sell gold will allow you to walk away after an appraisal, and you can always come back later once you determine which gold buyer will give you the most money for your item.

Stop searching for “sell jewelry for cash near me” and picking the first result you see. Instead, take the time to research the best place to sell gold jewelry and get the most money possible for your valuables. At Watch & Wares in Orange, we offer some of the most competitive rates in the area. If you’re looking for a good place to sell gold jewelry and get top dollar, allow our expert appraisers and gemologists to look over your item. There’s never any pressure or obligation to sell, and we always strive to provide a welcoming and comfortable selling experience. To schedule an appointment, give us a call today at (714) 633-2030.