Whether you’re facing financial hardship or just want to declutter your jewelry box, selling gold can provide fast cash. But it’s important to do your homework before choosing a buyer. Where you sell can significantly impact how much money you’ll receive for your items, as well as the quality of service.Source :ezpawn.com

For example, pawnshops typically offer less than jewelry stores and online gold buyers, which are able to operate with lower overhead costs. In general, jewelers are reputable sellers and will pay a fair price for your pieces, as they understand the value of gold and are often interested in reselling them to other customers, says Los Angeles jewelry designer Olivia Kazanjian.

How to Sell Gold Jewelry Safely and Profitably

To get the best prices for your jewelry, make sure you know your piece’s purity and weight. Check the karat stamp, which indicates how much pure gold your item contains — the higher the karat, the more valuable the piece. You can also weigh your jewelry on a scale to see its weight. And don’t forget to check market prices, as they fluctuate daily.

For gold bullion — such as coins or bars sold for investment purposes — you’ll generally get the best prices by selling to a dealer that specializes in those types of products. But for jewelry, or other non-bullion gold items, you’ll often get the best prices by selling directly to an online buyer that specializes in those products, such as Abe Mor. These buyers can operate with low margins and offer a quick, easy process by providing a prepaid mailer and immediate payment upon inspection.