Selling Your Gold Jewelry?

Gold-buying stores have been popping up all over, with some even posting costumed individuals out near the street to lure you in. It’s tempting to search through your house to see if you have something of value that you can sell. The reality is that most people aren’t going to make a great deal of money. However, if you do decide to go ahead with it, make sure you find the best deal.

  • Prices may change daily, since the amount you will be offered depends on what gold is going for on any given day. You can track this here: http://www.kitco.com/. Naturally, you’re not going to get the full price since the buyers have to make money too.
  • Take your gold to several different places. The amount each one pays may differ by quite a bit.
  • If you have valuable jewelry, have it appraised at a jewelry store.
  • Refer to the Better Business Bureau (www.bbb.org)  about the company or store before selling. There is also a very good article here about selling jewelry: http://www.bbb.org/us/article/gold-soars-but-be-careful-when-selling-your-jewellery-warns-bbb-28799.