A friend of mine has made several thousand dollars, enough to pay cash for a new refrigerator, washer, dryer, and stove, by selling her gold and hostessing gold "parties." The dealer holds parties in the home and writes checks or pays cash on the spot for gold jewelry. My friend sold several chains and some rings she had for a long time but no longer wore, mostly broken or damaged pieces. She wound up being the hostess for about 8 parties and received a percentage of the sales. I made nearly $50 for a little ring I had originally received in a batch of junk I bought on eBay.
Thank you, everyone! I did some online research and went to 2 places: 1 place with good ratings and 1 jewelry store which has been in business for a long time. Got a quote at each place, and sold to the place with a higher quote. It turned out to be a pleasant experience, and I made a couple of hundred dollars.
I'm a BIG believer in research, research, research!
I'd stay away from those cash for gold places. Look online for a reputable coin dealer and have him or her take a look at your coins. THEN, check ebay out for similar items and see what people are getting for their jewelry.
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I have some silver and gemstone jewelry and some dental gold that I want to sell. I haven't really looked into selling the jewelry yet but I did do a google search for places in my city that buy dental gold. I agree with the person who said that you shouldn't mail your jewelry in to anyone to sell it. Do an online search for places in your city that buy coins and jewelry and then go to a couple of them to see what kind of prices they'll give you.
only thing I would say, is stay away from those mail in places. Maybe try to find out if there is somewhere in your area that sells gold and silver coins and bullion. See what they would give you. then compare it to what a jewellers price would be. If you take some of it to a few places and see what each place says
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I'm thinking about selling my gold jewelry to make some $, but I have never done this before. Any advice on what kind of store to go to, what to be careful about, etc.?
I'm also thinking about selling my silver jewelry and coins. Does it make financial sense to sell silver jewelry? Are good stores to sell silver coins to typically different from those I should sell gold/silver jewelry to?
Sorry for may questions. I'm such a novice in selling these things as well as on this message board.
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