When redeeming cash for gold , what is the best option?

Many websites offer to buy your unwanted jewelry for cash. This service is extremely useful for those that need money right away and have useless, unwanted jewelry lying around the house. Yet, even though this service is valuable, it is not right for everyone. Some people may find that there are better options for their jewelry than selling it to a company.

Be Sure You Don’t Want It

The first thing you need to do is ensure that you don’t want to keep the jewelry for yourself. If it has any sentimental value at all, it’s probably a good idea to hold onto it until you’re certain you want to sell it. Once you sell your jewelry there is no turning back. It will be melted down and out of your life forever. Think long and hard about whether or not you want the item before you decide to send it in.

Estimate Its Value

Your next step is to estimate the value of your unwanted jewelry. Review websites to see how much similar items are going for. If it’s a lot, you may want to sell it to someone that will pay you closer to its value, either through an eBay auction or at a pawn shop/jeweler. If it’s not very popular, then both of those services will likely pay you even less money, so sending it in to a cash for gold place becomes a better idea.

Check Ads

You can create an advertisement for your jewelry on a free classified site and make sure that no one is willing to pay you closer to full price before you sell it. Sometimes you’ll find that someone likes your jewelry and values it more than the rest of the market does. If you can find a buyer, sell it. If not, it’s likely time to sell it to a cash for gold company.

Request Free Estimates

You can contact gold buyers for an estimate of your gold jewelry. Once you get the value of your item assessed by the cash for gold company, only sell it if you’re pleased with the amount or you can negotiate for more cash for your gold. You never want to sell something that you’ll regret selling later. If you have any doubts that you are getting a good deal, request your items back and walk away.

However, if you are happy with the amount of your offer, take it. At this point you will have looked at other options and you’ll know whether or not you’re getting a good enough deal for your gold. If you are, it’s worth cashing in, and if you find yourself having doubts, you may as well walk away.

Selling Your Gold for Cash – A Great Service, With a Catch

The companies that buy your gold for cash are for-profit companies, meaning that it is their job to try to get a partial profit from the gold you sell them.

Look a reputable Gold Buyer
GoldStash.com is one of those renowned gold buying company in United States of America endorsed by Dave Ramsey, 50 years of professional gold buying experience, thousands of satisfied customer, A+ rating of the Better Business Bureau, members of jewelers vigilance committee, offers a 110% price match guarantee, $100 bonus for anything bought over $250, and 14 days satisfaction guarantee. Gold Stash buys gold, silver, platinum, coins, and diamond jewelry for cash.


2 comments on “When redeeming cash for gold , what is the best option?

  1. Hi Gold Stash:
    I wanted to get your opinion on a few pieces of jewlrey that I have. I need a new car so bad, I’m willing to sell anything. I have a koogarant that’s made into a neckless with hammered gold. Its a 1980 & its a little bit bigger than a quarter. What do you think that is worth. I know its all gold, because it sat in the middle of a jar of pennies for 30 years. I also have a solid silver piece about the size of a dollar, maybe a little bit bigger, with a picture of Sam Boyd on it. He owned Sams town, California club & Casino &Stardust etc……He’s dead now, so what do you think that is worth. Please get back to me asap, as I’m driving. Death wish!!!
    Thank you,
    Gail Layne

  2. Such a great and informative post. This really helps people. Thanks for sharing.

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