What Do You Do With Your Old Wedding Ring

There several things to consider when deciding to sell your wedding ring. There are also many options on what to do with your old wedding ring. Ask yourself what the purpose is to sell your ring. These reasons could be a break-up, financial need, or looking to upgrade. Whatever the case may be, you should be 100% certain that you don’t want your ring anymore.

The first thing you should look into is an appraisal. This is done through a certified appraiser that doubles as an expert in gemology. The document you receive afterwards will show you the market value of your ring, theoretically. It’s important to note that the number is likely much higher than the price it would be if it’s considered second-hand jewelry or gold scrap.

The appraisal value is just theoretical so, you probably won’t be able to sell it for that price. Fortunately, it offers room for negotiation when selling to a jeweler.

After getting an appraisal, it helps if you want to sell your ring as a complete piece. If you’re selling to a gold dealer, the appraisal wouldn’t be very useful.

How To Sell Your Wedding Ring After Divorce

Before diving into how to sell your wedding ring after divorce, let’s find out how much it’s worth. The value of your ring as a whole is based on the metal it’s made of and the stones set in the piece. The value of the ring can be more than the just the value of materials. The work and value of the design can increase the value of the complete piece of jewelry.

This is mostly true when the jewelry is new, second-hand jewelry sells for much less. The value of your ring as used jewelry is closer to the resell value of the materials. This is very helpful to know when trying to sell your ring.

Who Buys Old Wedding Rings?

For those of you wondering, ‘who buys wedding rings?’, there are a few options to consider when selling your ring. There are options to fit every scenario.

Say you just went through a break up and the ring holds far too may memories to keep any longer. A pawn shop would be your best bet. They will take your ring and pay out immediately. This option is fast and easy.

If you’re looking for another option, check out an online buyer. You never have to leave the comfort of your home. The process does take longer so if you’re a homebody or can spare a few weeks for shipping, this is the option for you.

A jewelry store is probably not the best option to sell your old wedding ring. A store willing to purchase used jewelry is hard to come by. If you bought the ring from them, they will offer a discount on an upgrade but rarely purchase the ring from you.

Best Way To Sell Your Wedding Ring

The best way to sell you old wedding ring is The Gold and Silver Exchange. They offer immediate payment or you can send in your items by mail to get paid without ever leaving your home. You are never pressured to sell your items and you have the option to see the testing done firsthand. You’ll feel comfortable knowing that your items are handled by professionals that care about your jewelry as much as you.

Testimonials

“Fast and friendly/professional service.”

ELVISA GANIC

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It is common knowledge that after you purchase gemstones from a jeweler, they lose half of their value as soon as they leave the store. So when expecting to sell just know that half-price is max price. Here are a few tips that will hopefully aid you when selling your engagement ring.

Everything You Should Consider When Selling Your Old Engagement Ring

Before choosing to sell your engagement ring, ask yourself why you’re doing so. Are you getting rid it due to a break-up? Are you in charge of handling a relatives estate or planning a family vacation? Does the ring still hold sentimental value or was it randomly discovered? Maybe you’re just upgrading.

Your reasons to sell your engagement ring will determine what route you’re wanting to take. If your possession of the ring is painful, you’re probably more interested in the quickest route. In this case, a pawn shop will do just fine. If you’re wanting more, check multiple stores and compare prices. Figuring out where to sell your old engagement ring just requires a little research.

Get An Estimate

If it’s possible, you should find out what the ring was initially bought for. You should also find out the details of the ring if possible. Knowing the karat of the gold or metal, the carat of the diamond, and details about the stone like weight, cut, and clarity. Any information allows the buyer to get a good idea, before testing, of what they’re looking for to correspond with your information.

Any buyer runs the risk of purchasing your diamond. In order to stay in business, they need to make money. If you know the price of the diamond, use this information to estimate the offer you will receive. Remember, the value is cut in half after you leave the store. Buyers usually offer lower than half, so be prepared.

Certification On Your Gemstones

Pets with pedigree go for more money, so do certified stones. Some retailers won’t even look at your ring if you didn’t come with papers. If you’re looking for the best way to sell your engagement ring, papers are important. Certification documents show ownership, authenticity, and designated value of your ring.

Certifying your engagement ring costs money. Family rings might have the documents up in the attic. But likely your fiancé didn’t include the receipt during the proposal, so go together or ask for it. If you are split up then your best bet might be paying for an evaluation from an assessor or gemological lab.

GIA, EGL, AGS, And IGI

These acronyms are the best way to sell an engagement ring. Let’s uncover what they actually mean and the purpose they serve.

• GIA: Gemological Institute of America
• EGL: European Gemological Laboratories
• AGS: American Gem Society
• IGI: International Gemological Institute

Certifying your ring proves ownership and quality of your ring. Otherwise, the cut, color, clarity, and carats are only guesses. This proves to be an issue when trying to sell an engagement ring without these details. Certification serves as a guide to successfully assess the value of the stone.

If you have a certificate that is more than 10 years old, it’s best to get a new one. Any ring worth more than $1,000 should have a certificate, if not it’s not worth big bucks. More importantly, you should get an appraisal by an original lab. A ‘lab-certified appraiser’ is usually a dealer that took a quick training course. They are not a reliable source.

The Difference Between Insurance Appraisal And Selling Price

The value of your ring is always higher when used for insurance purposes. It is important not to confuse the two. Let’s set up an example. If your ring was appraised for $20,000 then expect to get $5,000 to $6,000 when you resell it. This is a big difference but a good price when considering your ring loses much of its value after you purchase it.

Best Way To Sell Your Engagement Ring

Checking multiple stores and locations for prices is the best way to sell your engagement ring. Pawn shops offer quick cash but be sure sure to visit more than one shop to compare prices. A good question to ask is how long the offer is valid for. That way you have time to process the offer and check for other ones. Always be cautious because you don’t want someone shady following you. Remember you have valuable items on you such as earrings or necklace that you’re curious to learn more about.

Head back to the store you bought the ring from. After the ring leaves, the value is cut in half so, you won’t be shocked when they offer you very little. On the hand if you’re looking to get another one they will offer you an upgrade at a discount. You won’t be making a profit, but you’ll get a better value.

Where To Sell Your Old Engagement Ring

Consider selling to The Gold and Silver Exchange, it’s a quick and painless way to get rid of that ring. Luckily, we will take a look at any other jewelry you acquired from your previous relationship. Most of our competitors sell the gold they’ve accumulated to us. Skip the middle man and head straight to The Gold and Silver Exchange. You will be greeted by professionals and watch as we test and value your ring. Giving you the best price for your valuables. We use current gold prices so, you’ll be sure to get the top most money possible. You will never have to ask ‘where to sell an old engagement ring’ again.

Testimonials

““Paul is absolutely wonderful! Great experience, easy and fair!! Would definitely recommend this place for selling and buying.”

STEPHANIE MERVAU ROELOFS

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Everything You Need To Know When Selling Your Gold Ring To Get The Most Cash

An acid test is commonly used when testing gold. Gold rings are no different. An ‘acid test’ uses nitric acid because gold is insoluble in nitric acid. This confirms the presence of gold in your ring.

Acids are used for various karats of gold. The karat number identifies the amount of gold in the piece. Gold rings in particular are usually made out of 18 karats or less. This is because gold is malleable and can be easily damaged if it is pure. Pure gold is 24 karats which is 99.9% pure.

The lower the karat, the lower amount of gold is present. For example, a 10-karat ring has less gold than an 18-karat ring. Even if they are the same size. 10-karat gold is made out of 41.7% pure gold while 18-karat is 75% pure. The higher the karat means the more expensive the item is.

Where Can You Sell Your Gold Ring?

There are a few places to consider to sell your old ring. Gold dealers are not equal, so it is crucial to which one will offer the best deal.

The easiest option are stores with “we buy gold” signs. This could be your local exchange or even a pawn shop. These stores will take in your item in any condition. The Gold and Silver Exchange is a great choice for several reasons. They offer immediate payment, testing right in front of you, and no pressure when selling. They also offer in-store evaluation and a mail in option. This allows you to get payment from the comfort of your own home. They base your pay on the current spot market for gold.

You can sell to online or jewelry stores. Jewelry stores rarely purchase old jewelry. They don’t have much use for these items and usually don’t resell the piece.

You might see commercials offering to purchase gold via mail. This allows you to send in your items without leaving home. Some drawbacks to this would be finding a legit business, having to wait for shipping, and waiting for payment. This method is not time sensitive.

Online stores have the same issue as commercial ads. These stores are not able to process your items in a matter of moments. They often payout via a check through the mail.

Now that you’ve gone over the options, you are able to make a decision where to sell your gold ring.

Types Of Gold Rings

Gold rings come in a wide variety of styles, worn by many. The value of your piece differs due to the amount of pure gold the item contains.

• Wedding rings
• Engagement rings
• Gold-filled
• Gold-plated

Wedding rings and engagement rings hold sentimental value. They are worth more money in comparison to gold-filled or gold-plated rings. Engagement rings usually contain gemstones, if the stones are diamonds they are worth more than the gold alone.

Testimonials

“Contacted them through Facebook inquiring about prices they were paying on certain metals, within 10 mins I had answers! Was surprised by them. I’m not a rookie in the game, a lot of places are getting over on people. If you are in or around the grand rapids area and have precious metal you want to sell, go to the gold and silver exchange. Very impressive.”

CALEB LAMAY

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Everything You Should Consider When Selling Your Bracelets To Make Money

Going to your local gold dealers is the easiest way to sell your gold bracelet. After you sell your gold, these buyers resell the gold to refineries, which melt down your gold bracelet. Other dealers are able to recycle the gold they purchase themselves.

A gold dealer will offer you a price that coordinates with the gold content. In general, gold dealers pay based on the metal alone. The design or antique value doesn’t play a part in the price.

What Is Your Gold Bracelet Worth

Determining the gold content is the first step when finding out the price. If you know the karat, this is easy. To calculate the percentage, take the karat number of the jewelry, divide by 24 and x 100.

For example, if you have a 10-karat bracelet, its gold content is equal to 10 divided by 24 x 100 = 41.7%

Now that the percentage of the gold bracelet is pure gold has been established, you need to calculate how many grams or pennyweights of gold you have. Gold purchase prices are quoted based on weight.

Following our example of the 10-karat bracelet, if it weighs 12 grams and 41.7% of it is pure gold, then the calculation is as follows: 12 grams x 41.7% = 5.0 grams of pure gold.

Now, the only step left is to determine the price of gold per gram, and multiply the grams of pure gold by that price.

The spot market, for gold, changes daily. Our suggestion is to check the market the day you plan to sell. Another great tip is to check the daily quote from your local gold dealers.

The Stones In Your Bracelet

If your bracelet contains gemstones, a gold dealer likely will not purchase them. Gold dealers mostly care about the metal. You might not be able to get any money from them if they’re synthetic stones.

That’s why it might be best to remove the stones before selling the jewelry for scrap. The Gold and Silver Exchange are able to remove these stones for free if you wish. However, if the stones can not be removed, they would need to be removed another way. Some buyers offer a price for the stones but this differs from one dealer to another.

Diamonds are easier to sell than other gemstones. A gold buyer might be able to buy those from you. It all depends on the business you go to. If they have a website, they may have this listed.

Selling Your Gold Anklet

Unlike a heavier bracelet, an anklet is usually more dainty. Anklets are made with very fine gold, therefore not as valuable as heavier pieces. They are worth adding to your appraisal and can offer a great addition to your payout.

Various Types Of Gold Bracelets

Gold bracelets can fit any personal style. Gold bangles and charm bracelets are just a few to name. Bangles are often good quality with a high metal content as well as very popular. They are, however, easily broken so why not liquidize them. On the other hand charms are collected to tell an individuals story and purchased at every new experience. Depending on where the charm was acquired, the gold content may very so be sure to have them assessed separately.

Where To Sell Your Gold Bracelet

There are a few options to look for when selling your used jewelry. In order to get the best price, it’s recommended to shop around.

Your local exchange is the simplest way to get rid of old jewelry. It’s arguably the best way to sell a gold bracelet. The Gold and Silver Exchange offers to remove your stones and return them back to you, and they purchase diamonds along with the gold. Unlike jewelry stores, they are willing to purchase any of your used jewelry. You are paid on the spot and there is no wait in order to get your money.

Jewelry Stores willing to purchase second-hand jewelry, are hard to find. They have little use for your jewelry since they sell for low prices (unless your piece is a rare antique). If you do find a jewelry store to purchase your gold bracelet, they are likely to recycle the gold in order to make a new piece. The price can be compared to some other gold dealers. Although, jewelry store policies differ with regard to purchasing old jewelry.

In any case, you are able to bring many of your bracelets. Making it easy to sell your bracelets.

Testimonials

“When I sold my gold I shopped around the area for the best prices. I was so happy that I went in and got a quote and I was so pleased that they offered me over double of what the other companies in the area were offering.”

Kalene B

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The Best Tips For Selling Gold Earrings

Most gold jewelry is manufactured in 10 karat, 14 karat, or 18 karat. This is important to evaluate any offer you may receive from a buyer. Pure gold is 24k. If your jewelry happens to be 18k, it contains 75% gold. (24k X 75%= 18k). Other metals are mixed in the gold to make it more durable and less expensive. Gold-filled, plated, and costume jewelry is common. Costume jewelry looks good initially. If the costume piece is old, it may start leaving green marks on the item or your body. Think of the earrings as dipped or sprayed in gold. Gold-filled items have a small amount of gold. Most are usually a base metal.

Your earrings can come in different shapes and styles. A popular type of earrings are diamond stud earrings or hoop earrings. The diamonds can add significant value to your set. They are often made with CZ’s or moissanite. This has led them to be far more popular. Which appeals more to buyers. Cubic Zirconia is a synthetic gemstone that consists of zirconium dioxide. It is in the form of cubic crystalline. Lab-created making them virtually worthless.

Best Place To Sell My Old Gold Earrings

Used jewelry can be repurposed, and there are a few places to sell them. The specific places would be your local exchange, a pawn shop, or online jewelry buyers. The Gold and Silver Exchange will offer you instant payment and give you updated prices based on the spot market. Which is the best place to sell earrings.

How Can You Tell What Type Of Earrings You Have?

The stamps located on the piece are usually in the same region. You can find the stamp or hallmarks on the earrings post, which is the part that goes into your skin. There should be marks on the earring backs as well. The back are what secures the earrings in place. Sadly, the marks can be wrong or stamped on non-gold jewelry. A simple trick to discern between real and non-gold items is to use a strong magnet. Real gold items will not stick to the magnet.

Different metals can alter the gold to look any color. Rose gold and white gold are two of the most common alterations. Rose gold gives regular yellow gold a pink tone to the jewelry.

Different Stamps And The Meaning

There are many types of stamps with different meanings or several stamps with one meaning. This should give you an idea of what they mean.

• “GP” meaning “gold plated” or “RGP” which means “rolled gold plate”.
• “GEP” meaning “gold electroplated”. “HGE” or “HGP” both mean heavy gold electroplate.
• Gold-filled jewelry is stamped “GF”.
• A fraction can be in front of the “GF”
• Gold earrings are stamped with the karat as well. “10K”, “14K”, “24K”, etc.

Other Place To Sell Earrings

With current gold prices hovering around all-time highs. Prices vary depending on the dealer. There are many dealer options available to the consumer. First you can select local dealers who are located close by. Pawn shops are always nearby. A final option for the consumer are gold buyers online. The advantage is, the transaction can be conducted without leaving the comfort of your own home. The disadvantage to dealing with online buyers is the consumer does not know in advance what they will be paid. Most will be pleasantly surprised at the value gold jewelry brings. It is very important to do your research.

“Great friendly store! Very informative on jewelry and fair quote. Woodland.”

Raquel Miller

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Although there is no sure way to predict the future of buying and selling gold. One thing is for sure, the price of gold is hovering around the highest point since 2013. Which means it’s the perfect time to sell your jewelry for the most money. Selling your old jewelry is one of the easiest ways to get cash instantly. Things you own in life that can easily be liquidated for cash. Gold jewelry is one of them.

Are you looking to turn your unworn jewelry into cash, or sell your pre-owned jewelry you no longer want? It is important to sell your jewelry at the highest market value and in a safe, secure way.

Everything You Need To Know About Selling Your Jewelry For The Most Cash

When looking for locations, one of the best tools at your convenience is Google. Choosing a reputable business is the most important. Not all gold buyers will give you the price your jewelry is worth. If you don’t feel comfortable selling your items to a business, don’t feel obligated. You should say no if the offer is lower than the value. Before you think about selling, take the time to check a business’s reputation. The easiest way is to look at the reviews and see what experiences other people have had. In order to avoid needless stops, sales pitches, and low prices from unscrupulous gold buyers. Finding the best place to sell jewelry for cash is difficult but not impossible.

Should You Sell Or Keep Your Gold Jewelry?

The price of gold tends to rise when the economy is weak. Key components when figuring this out is when the stock market and asset classes are on a decline. Be on the lookout for the stock market’s health. The price of gold can change overnight. If you sell too quickly, you could be missing out on more money. Sometimes it’s better to hold onto your gold until gold rises again. Check the current spot market before heading to a business. Once more, the spot market can decline, and you could lose money. Find the best place to sell jewelry for cash.

More To Know And Is It A Good Time To Sell Your Gold Jewelry?

If you are selling your used jewelry, bring the receipts if you have them. It will help to know what karat the gold is or the carat of diamonds. You can shop around and see where the highest offer is at. Knowing the weight of the gold will allow you to get quotes over the phone. This is the best way to find the best place to sell jewelry for cash.

Selling at the right time is important, but selling to the right buyer is even more crucial. Offers may vary greatly from one dealer to another. That’s where a little informational knowledge comes in on your part. Typically, dealers will quote a price in grams or pennyweights. Which, in and of itself, can be very confusing. So, what does that mean in dollars? How do you translate those measurements into a meaningful amount one can understand? Let’s dive in a little deeper.

Gold prices are hovering around all time highs. This means it is a great time to sell.

Grams, Pennyweights, & Karats

There is three factors that are considered when professionals purchase your gold items.

• Karats: What is a karat anyway? A karat is the percentage of gold within the jewelry item.

For example, 24k is pure gold (it can’t go higher than that). 18k is 75% pure gold. 14k is 58.5% pure gold, 10k is 41.7% pure gold, and so on.

• Pennyweights: There are 20 pennyweights in a troy ounce (or 5% of a troy ounce each pennyweight).

Here is an example. Let’s say, for the sake of illustration, you’ve decided to sell a gold necklace. The price of gold, at that time, is $1,000 per ounce. Look at the clasp of the necklace, it’s determined to be 18k (75% pure). A local gold dealer determines that the weight of the piece is exactly 10.0 pennyweights. Here’s how to determine the melt value of that gold piece:

GRAMS

10K = (price of gold) X .01295 = per Gram

14K = (price of gold) X .01798 = per Gram

18K = (price of gold) X .02292 = per Gram

24K = (price of gold X .03056 = per Gram

Pennyweights

10K = (price of gold) X .02015 = per Pennyweight

14K = (price of gold) X .02796 = per Pennyweight

18K = (price of gold) X .04307 = per Pennyweight

24K = (price of gold) X ..04750 = per Pennyweight

All that’s needed from here is to multiply this figure by the weight of the jewelry piece.

Variations Of Gold Jewelry

Jewelry can be made from various metals, mixed with different types, and crafted into different styles. Learning the basics of gold variations is helpful when calculating the profit.

• Gold-Plated
• Gold-Filled
• Rose Gold
• White Gold

Gold-plated jewelry and gold filled jewelry contain a tiny amount of gold. This type of jewelry is made with other metals like copper. Gold-filled jewelry contains at least 5% of gold by weight. This is legally required to be categorized as “gold-filled”

Rose gold and white gold are color variations of gold. Although 24k gold will always be gold in color. This is due to gold being mixed with other metals to appear differently. Since 24k gold is pure gold, there is no room to mix in another metal. The color of the gold bracelet does not affect the value whatsoever. Different colored gold is used only for the appearance. Some prefer the look of silver rather than gold but like the value of the precious metal, gold.

Forms Of Gold Jewelry

Gold jewelry comes in many forms and styles. Whether that is dental crowns, bracelets, rings, necklaces, watches, earrings, or pendants. These items that are made with gold commonly contain 10k, 14k, or 18k. While gold is precious, it is also malleable. When looking at jewelry you want durability and for it to stand the test of time. Due to this, gold is mixed with other metals to give it value and allow everyone to enjoy the look. 24k items are rare because pure gold will inevitably be damaged. Pure gold is not meant for everyday wear because it is a soft metal, unlike metals like steel.

The Manufacturer’s Stamp On Jewelry

Understanding the different stamps, whether it is a hallmark or a makers mark. This can give you some insight as to what they mean. These stamps indicate what the item is made out of, who made it, and where it was made.

Hallmarks indicate what the jewelry is made out of as in the purity. Maker marks indicate the maker, and the origin of the jewelry.

• In the United States, hallmarks are not regulated by the government. Meaning it is not required to put the percentage of precious metals on the item.
• Italy requires a makers mark is registered instead of a hallmark. It is required that a company stamp is present. The hallmark is monitored by the sole company. If the piece is marked improperly, the company would pay for the infraction.
• European countries like Sweden, Russia, Finland, and Hungary require there be a hallmark.

What To Expect When Selling Jewelry

Jewelry is commonly a combination of gold and other metals. Your jewelry might not be a full ounce, which is a measurement used for pure 24k gold, and isn’t made with pure gold. The spot price is based on a full ounce of pure, 24k, gold. Jewelry is often based higher than the amount of gold because the craftsmanship and the willingness to pay.

Gold buyers are not alike. Buyers are not obligated to be trustworthy or payout the value of your items. If you’re looking to get the most cash for your items, it is important to research each business. Trustworthy and well-informed buyers are what to look for. Checking the ratings and reviews is a dead giveaway when searching. This is a key tool to use, people are not afraid to tell you what they think. If you go there and find the same thing to be true then leave another review to help others.

Is Your Jewelry Taxable If You Sell?

This question is helpful for those of you that might not know the answer when purchasing jewelry. It is somewhat easy to figure out. If you are worried if you sell your jewelry, if it’s taxable. The tax paid on your jewelry was when you first purchased the item. All you have to do is deduct that loss from your income.

The Business Side

Buying and selling gold is a business. Like any other, each business has expenses because of this you won’t get exactly what spot is. In order to stay in business, a profit is needed to pay for cost of refining it and other necessities. The amount you are offered is spot minus the fee of the sole merchant. The amount differs from each gold buyer. This is due to the personal expense from one place to another. Don’t settle, choose the best place to sell jewelry for cash.

Figuring Out The Best Place To Sell Jewelry For Cash

If you’re thinking of ‘what is the best way to sell used jewelry’ or ‘the best place to sell jewelry for cash’ there are a few answers and options. Not all businesses have the capacity to purchase your items. Whether you have gemstones other than diamonds, or they don’t have ability to pay on the spot. You should always do your research before heading into a business when you’re selling your items. In order to sell your jewelry, you can mix and match business to meet all your needs. This does not mean that the business is not good but rather they specialize in particular categories. Some gold buyers are strictly interested in gold, some with antiques, or deal with preowned jewelry.

Knowing How To Sell Diamonds

Preowned diamonds can be valuable. However, there are many variables. If you think gold jewelry is difficult to evaluate, try making an accurate assessment of diamonds! First you have to determine if the stone is even real. There are many synthetics out there. Cubic Zirconium and lab-created diamonds are the main imposters. Even trained jewelers with all the equipment can sometimes be fooled! Look at the best place to sell jewelry for cash.

Only diamond testers can be relied upon for certainty. But even those can be fooled if a jeweler purchases a cheap one online. So don’t buy a diamond without knowing what you are dealing with. Here are the main factors that are ranked before a transaction.

Cut, Color, Clarity, and Carat weight are standard factors in pricing a diamond. Let’s take them one at a time:

Cut:

Is the shape of the stone. Buyers look for such things as overall symmetry, number of facets, size of the facet cuts.

Color:

The less color detected, the better. Most stones will have various degrees of yellow that are graded by these letters.

D color is perfect .Zero color

E,F,G Colors look real good to the naked eye, virtually colorless

H, I, J colors are the mid range colors with some shades of yellow in them. These are the grades most Jewelry stores sell.

K,L,M colors are yellow to one degree to another.

N- colors or lower are brown. These are not high quality. Advertisers on T.V. try to market them as “chocolate” diamonds.

Clarity:

This is the measurement of the amount and size of internal flaws, if any. Flaws can be very small black dots to very large ones. Many of the flaws are clear and look like bubbles suspended in the stone. The size and the number of these flaws help determine the grade of the diamond. Here is the grading system for diamonds:

Flawless: (Speaks for itself)

VVS1 (Very very slight, virtually undetectable)

VVS2 (very very slight)

VS1 (Very Slight flaws)

VS2 (Very slight 2nd class)

SI1 (Slight imperfections. Most retail stores sell this grade or lower)

SI2 (predominantly retail grade)

SI3 (Imperfect. Starting to show with the naked eye)

I1 (Imperfect. Barely sellable to consumers)

I2 (imperfect. Junk stone)

I3 (Imperfect. Looks like a bomb went off in it)

The less perfect the diamond is, the less valuable they are. Retail jewelry stores charge any price they see fit, despite the imperfections.

The Advantages Of Going To The Gold and Silver Exchange

Are you looking for the best place to sell jewelry for cash? The Gold and Silver Exchange has been in business for 13 years. We have been accredited by The Better Business Bureau since 2011. They gave us a rating of an A+, which is the highest rating a business can receive. They have served over 60,000 customers and achieved a 4.7 star rating!

1. You will be paid immediately after the transaction takes place.
2. The items you bring will be looked at by experts. This ensures your items are properly priced.
3. There is no minimum or maximum payout range. You are paid the worth of your items.
4. You are able to bring in as many items as you want or have.
5. No appointment is necessary
6. All of the testing and evaluations are done right in front of the customer.
7. There 2 are convenient locations, so you’re not very far from cashing in.
8. Can’t get to a store? No problem. Call and they’ll send a FedEx label, and you conduct the transaction without leaving home.
9. They will always try to pay the highest prices possible.
10. Your will be treated as a friend, not a customer, guaranteed.

Sell Jewelry For Cash

The process of bringing in your gold jewelry is simple. You will never be pressured to sell your items, we know how hard it is to sell prized possessions. Unlike other gold buyers, who undervalue items and force sales. Creating a safe and comfortable environment is the number priority. Read our reviews, you’ll see for yourself

The experts will go over your jewelry right in front of you and describe everything they’re doing. Making sure you are never left in the dark and give you tips for your future purchases or visits. Choose the best place to sell your jewelry for cash.

“I had some old jewelry I never use and took it here on a whim. I was pleasantly surprised at the cash value once it was weighed and I appreciated the informative and very helpful person that assisted me (Sophia). She really knows this business and the whole process was smooth and efficient. This is an honest place, easy to work with..”

Rachel Morales

“Great customer service. I feel I wouldn’t hesitate to go to them again.”

Sue Snyder

“Sophia was fantastic. She went above and beyond in order to make sure the transaction took place. Great customer service. It’s out of the way, but I won’t hesitate to come back.”

Kevin Kurzhals

The post The Best Way To Sell Your Jewelry For Cash appeared first on The Gold and Silver Exchange.

How To Get The Best Price For Your Gold Necklace

There are a few different options to go when deciding where to sell your gold necklace. There are online gold buyers that give you the privacy of your own home. You are able to sell your gold from any place. These types of buyers don’t resell the item. Due to this they are able to pay a little more. You ship your item to them, and they examine the piece and then give you an offer.

Another option is to go the traditional route with pawn shops or local exchanges. Local in-person shops offer a different type of guest friendliness that you won’t get with online buyers. Unlike online buyers they do receive a portion of the value that goes towards reselling the item. You are able to know the value and offer instantly. You won’t have to wait weeks for shipping. The Gold and Silver Exchange offers top competitive prices to get you the most out of your gold. It’s the best place to sell your gold necklace for cash.

What Is My Gold Jewelry Worth?

When your jewelry is getting surveyed a few factors determine the payout for your piece. Weight and karat, how much gold is in the jewelry, are the only two things that matter depending on where you go. Some common karats of gold necklaces are 10k (41.7%), 14k (58.3%), 18k (75.0%), and 24k (99.9%) just to name a few. There are more karat amounts in between but 24k is the highest percentage of gold and most valuable. There are some drawbacks when getting the higher karat due to the fact that gold is a soft material. Jewelry can become scratched and damaged which, in some cases, can devalue that item. Usually the jewelry will be melted down to make new. The Gold and Silver Exchange will not base the item on its condition.

The type of gold necklace you own can also play a part in the value. Gold necklaces or chains come in a variety of styles. Some are more popular and when reselling the piece they could be worth more than just the gold amount. Diamonds can be very popular in chains to up the value like engagement rings. A few styles and their description are:

• Herringbone- Flat with alternating links making a half zig-zag.
• Rope- Two strands that look like they’re twisting together.
• Cuban/Curb- Oval shaped links that twist and lie flat. This style is pretty popular for men to wear.
• Bead- Round balls linked by a short wire that make up the chain.

Where To Sell Your Gold Necklace

It can be a tough decision to make when figuring out where to go with your unwanted jewelry, so here are a few reasons why The Gold and Silver Exchange is your top choice:

• There Is Zero Commitment. If you don’t accept the offer, which we’re confident you will, you can get your items back instantly which means there is no waiting from shipping.
• Informed Through Every Step. You will find out right then and there what type of gold you have with testing shown right before your eyes. There is nothing to hide.
• No Limitations On Your Jewelry. The condition of your piece plays no part when deciding the value. It doesn’t matter if it is broken or damaged in any way.
• Sold with Confidence. Every item is tested and given up to date prices based on the current spot market. You will always get the best price for the value of your items.

If you’re wondering where you can sell your gold necklace for cash, look no further! Head into The Gold and Silver Exchange.

“It was quick and easy to take all of my unwanted, unworn, old jewelry in and walk out w/ over $500. They pay top dollar for gold which is awesome.”

DAWN STEFFES

The post Tips To Make The Most Money When Selling Your Gold Necklace appeared first on The Gold and Silver Exchange.

We are living in a financial bubble that is about to pop. The largest Financial bubble is the one inhabited by people who complacently believe in that the world of 2019 is about to replace the nightmare of 2020 and we can all go back to our carefree debt-funded consumption frenzy and illusions of ever-greater wealth forever and ever. The greater one’s sense of security, the more durable the bubble. Those in those who have reaped virtually all the gains in income and wealth of the past 20 years live in a bubble that they view as unbreakable: no matter what problems arise, their personal income and wealth is secured by the government, central bank, etc. Any dip in stocks, bonds, real estate, etc. will be instantly bought because the Federal Reserve will print another couple trillion dollars and funnel it into risk assets, as it has done for the past 20 years.

All this needless complexity will be jettisoned once printing/borrowing trillions become the problem rather than the solution. Ownership of assets will be crushed by asset deflation as insolvency can no longer be papered over by liquidity. We cannot print wealth, or borrow it into existence. All we print/borrow is artifice, phantom representations of illusory “wealth” that will vanish into thin air, in a reverse of how the “money” was created–out of thin air.  What’s real is the tide of financialization and globalization reversed over a year ago. The tide is now running out, but few loading their “wealth” into lifeboats have noticed–yet. 

(portions copied from an article written by talkmarkets.com)

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TOLEDO, Ohio, Feb. 1, 2021 /PRNewswire/ — SD Bullion, Inc reports that the demand for physical silver bullion has hit an all-time high over the weekend as the ongoing short squeeze continues, allegedly inspired by the WallStreetBets’ subreddit community. Virtually all the major wholesalers and retailers are out of stock on a vast majority of silver coins and bars. 

On Bloomberg TV, at approximately 9:00 p.m. EST last night, SD Bullion CEO Dr. Tyler Wall described the state of the physical market. “Pretty much all physical silver is gone, in terms of live inventory. Most items on our website are at a 30% premium, and we cannot source it for much less than that right now.”

During normal market conditions, premium percentages range from 4% – 8%.

Over the weekend, this surge in physical precious metals demand actually halted the sales on popular online bullion websites like SD Bullion.

“This is about to get really interesting, as there was very little inventory left from the suppliers and mints going into Friday’s market close,” explains Dr. Wall. “In a normal market, we can normally find at least one supplier willing to sell silver ounces over the weekend if we exceed our long position. However, everyone we talked to is afraid of a gap up when the market opens on Sunday. Some precious metal analysts estimate there to be 100 paper certificates claiming ownership for every one ounce of deliverable silver metal.”

And when the market did open Sunday, the suspicions were correct. “When the markets opened, we had 20 times more users on our website than a normal Sunday evening. Some of our competitor’s websites went offline. And the demand has continued to early Monday morning trading,” explains Dr. Wall.

With this new phenomenon of short squeezing specific markets by large online communities, which market will they target next? A lot of speculators believe they will be taking on the physical gold market next. Only time will tell if the physical bullion markets will be able to continue ready delivery to meet this historic demand for physical silver bullion.

NEWS PROVIDED BY SD Bullion, Inc 

Feb 01, 2021, 16:30 ET

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