Tips On Where To Sell Jewelry - What To Avoid and Where To Go

Financial problems occur to every person these days. Everyone is trying to make ends meet - pay the bills, buy food, be updated with the rent or monthly mortgage - money is simply a need by all people. So in order to have the cash that you require, you are pushed to sell jewelry; the unwanted, mismatched or broken ones. You have a lot of options as to where you can dispose of your property but here are some tips to remind you how to sell it, where you can get the most from it and how to stay away from wrong buyers:

1. Gold Parties

Have you heard how these gold parties happen? It is like a Tupperware party with food and items for sale. Someone will stand as the host of the party. Someone will sell the Tupperware products for him or her. As a guest, you will leave the party with a bought Tupperware item, right? In this case, you do not leave with a plastic plate or bowl. You leave with money and someone will give that to you in exchange for your gold. That is how you sell jewelry in gold parties.

A friend can be a host to this party and he or she will invite neighbors to go to his or her home and an agent is there to take a look at your gold. After the valuation, the agent will tell you how much it is worth and if you are satisfied with the amount, he or she will give you a check for it. You are happy. The agent is happy. Your host/friend is more than ecstatic because with that sale, he or she has a certain commission.

What will the agent do with the gold he or she got from you? Of course, sell it to the highest bidder. Everyone gets what they want.

2. Pawnshops or Jewelry Stores

This is the most common way to sell jewelry. You go to a reputable store or pawnshop bringing with you the item or items you want to dispose of. They will weigh it in and come back to you with a number - a valuation of how much your jewelry is worth. If you accept, then, they will facilitate the trade. You will be signing various papers and then get your money. These institutions are legal and safe.

The owners of the stores or pawnshops are happy. You are happy. Everyone gets what they want - yet again. But are you sure of that? You might be getting what you want, or think that you want but, are you getting what you deserve?

The Sad Fact

Yes, you are getting money from your unwanted jewelry. But you are NOT getting the money you deserve for it. Gold parties, pawnshops and jewelry stores also sell the gold and they receive more. They are just "middle men" and not the "real" buyer. With that, they have profited a lot from you than you have ever had for yourself and you own the gold!

Who Buys it?

Sell jewelry online. Companies whose main business is buying gold can offer three to five times more in terms of amount and you can go straight to them. Get rid for the "middle men" and maximize your share. If an agent from a gold party will give you $100 - and online buyer can pay you $500 for the same item! Check the internet for reputable jewelry buyers and sell jewelry to them only.