How To Sell Old Jewelry For Cash

If you find yourself in a financial emergency situation, you can turn to your old jewelry stash for some quick cash. However, it can be another source of headache especially when you are not knowledgeable enough in getting your jewelry's worth.

Sure, there is a lot of information available especially in the Internet. The thing here is that you have to discern which is true and not to be able to make the right decision. There is a lot of information that can mislead you to do what is inappropriate.

When you are equipped with the right knowledge, you will be able to identify and get a better understanding on the options that you have when you want to sell old jewelry for cash. There are several sources and potential places where you can be able to command a good price for your old pieces.

Sorting out the pieces

When you plan to sell old jewelry, the first thing to do is to sort out the pieces that you want to sell. The old broken ones will definitely not be able to command a high price. Also, you might have a hard time looking for a buyer unless you find one that specifically buys broken jewelry. Nice pieces especially those of high value and with precious stones can be sent to a jeweler so that they can approximate the value of the piece. This is helpful when you are planning to sell them because you will be able to get a fair price for it even after haggling with the buyer.

Places to go

Pawnshops are the most convenient places where you can sell old jewelry in exchange for cash right away. There is surely one in your neighborhood that is accessible to you. However, you would have to think twice about your decision to sell old jewelry to a pawnshop for they do not really have the best price when it comes to buying old jewelry. Because the common practice is that they buy old jewelry at a low price and sell them at a higher rate so that they will have a profit.

This being said, there is nothing wrong with going to the pawnshops. They are there for those who are looking for a quick way to sell their jewelry. You can still say no to them if you think that the price is way too low considering your jewelry's worth. You can scout for another pawnshop that will offer you your preferred price.

Another option for you is to go online to sell old jewelry. There are several online companies that offer to buy old jewelry. They usually offer a higher price than pawnshops however you would have to check first on the background of the company to be sure that you are not dealing with a fake one. The nice thing about these online companies is that they can be contacted easily and you can send the jewelry in a safe pre paid postage package. And they usually pay you right away through a check that is sent to your house within a few days after sending the jewelry.

Selling old jewelry is a quick way for you to get that much needed cash. Now that you have several options, there is no need to worry the next time you find yourself in a tight financial situation.