Basics

How to Sell Unwanted Precious Jewelry or Items: A Complete Guide

Dec 26, 2024

Do you have old, broken, or outdated jewelry sitting in your drawer, gathering dust? Many people don’t realize that these unwanted items can be turned into cash quickly and easily. Selling your precious jewelry or other items is a fantastic way to declutter and make money at the same time. Here's a step-by-step guide to help you navigate the process and get the best price for your items.

Step 1: Evaluate Your Precious Items

Before selling, take a closer look at what you have. Items that may have value include:

  • Gold Jewelry: Necklaces, rings, bracelets, and earrings, even if broken or missing pieces.

  • Silver Jewelry: Sterling silver pieces, including antique or tarnished items.

  • Other Precious Metals: Items made of platinum, such as wedding bands or custom jewelry.

  • Coins or Bullion: Collectible coins, gold bars, or silver rounds.

Check for hallmarks or stamps indicating the purity of the metal, such as “10K,” “14K,” or “925.” These markings give you an idea of the item's metal content and value.

Step 2: Know Your Selling Options

When it comes to selling precious items, you have several options. Each comes with its own pros and cons:

Pawn Shops

  • Pros: Fast transactions, often same-day.

  • Cons: Pawn shops typically offer the lowest payouts. They prioritize their profit margins over fair prices.

Local Jewelers

  • Pros: Slightly better rates than pawn shops and some level of expertise.

  • Cons: Many jewelers are not equipped to offer top-dollar payouts and may only accept certain types of items.

Online Gold Buyers

  • Pros: Companies like International Gold & Silver offer instant cash offers, insured shipping, and competitive payouts.

  • Cons: None if you choose a reputable buyer like International Gold & Silver.

Marketplaces

  • Pros: Platforms like eBay or Facebook Marketplace can connect you with potential buyers.

  • Cons: These platforms are time-consuming, often involve haggling, and carry risks like fraud or non-payment.

Step 3: Choose the Right Buyer

To ensure you get the best deal, work with a buyer who is transparent, trustworthy, and experienced. This is where International Gold & Silver shines:

  • Instant Offers: Get a cash offer in real-time, even before sending in your items.

  • Free Insured Shipping: Rest assured knowing your valuables are protected.

  • Fast Payments: Receive your money via ACH, check, or Cash App in record time.

  • No Hidden Fees: The price we offer is what you get—no surprises.

  • Decades of Experience: With over 20 years in the precious metal industry, we’ve earned a reputation for fairness and reliability.

Step 4: Request an Appraisal Kit

To get started with International Gold & Silver, all you need to do is request a free appraisal kit:

  1. Fill Out the Form: Provide your details on our website.

  2. Ship Your Items: Use our secure FedEx mailers with full insurance coverage.

  3. Get Paid: Accept your offer and choose your preferred payment method.

Step 5: Avoid Common Pitfalls

When selling your jewelry, watch out for these mistakes:

  • Not Shopping Around: Always compare offers to ensure you're getting the best deal.

  • Selling to Unlicensed Buyers: Stick with trusted and licensed companies.

  • Accepting the First Offer: Evaluate your item's value before committing.

  • Ignoring Metal Purity: Higher-purity items (e.g., 18K or 24K gold) fetch higher prices.

Benefits of Selling Your Jewelry with International Gold & Silver

  • Convenience: Sell from the comfort of your home without the hassle of visiting multiple shops.

  • Transparency: See your offer upfront, with no pressure to accept.

  • Guaranteed Best Rates: We back our payouts with over 20 years of expertise in the precious metal market.

Why Sell Now?

Gold and silver prices fluctuate, but recent trends show strong demand for precious metals. If you're considering selling, now is the perfect time to take advantage of favorable market conditions.

Take the First Step Today!

Don’t let your old jewelry or items go to waste. Start the process with International Gold & Silver and discover how easy it is to turn your unwanted pieces into cash. Request your free gold mailing kit today and get paid for your precious items in as little as 3-5 business days.