Are you looking at mounting energy costs and considering selling some of your gold jewellery to give your bank balance a boost?
1. Sell to legitimate and established businesses
If so, make sure you get the best price you can when you sell your gold jewellery with these simple tips.
Selling your gold online is a risk when you don’t know who you’re sending your precious metals to. For safety, always look for a reputable business that you can trust.
We recommended checking reviews and seeking out businesses with many years of experience and a loyal customer base to ensure the quality of their service.
Cash for Your Gold is a family-owned business with over 20 years’ experience. We pride ourselves on the reputation of our company and our main priority is customer satisfaction.
Instead of operating behind a secretive PO Box, we work from a physical location. Visitors are welcome, but we ask that you set up an appointment first for security reasons. We care about you and your gold!
2. Look for transparency on price
It is important to see the full picture when it comes to deciding on the price at which you wish to sell your gold jewellery.
Having a good idea of the different prices that each business offers for your gold is essential for deciding who to sell to.
At Cash for Your Gold, we have a dedicated page with the spot prices of each of the precious metals we buy on our website. The price we pay is very closely linked to the spot price, so you can monitor gold’s market value and our prices to gauge when is a good time for you to sell.
This is just one example of how we strive to be transparent with our customers, we understand the value of your jewellery and you deserved to realise it. This page also features a price comparison with various other competitors of ours so you can see how we measure up.
3. Understand how much your jewellery is really worth
Our final tip is specific to people looking to sell gold jewellery. You might be selling gold coins or other scrap items, but if you’re selling jewellery, there are some extra things to consider.
The main point here is to look at the gold separately to any precious stones in the item. This way you’ll get the best price for your item. Precious stones can actually devalue the overall price that businesses will pay for your gold because they will not be counted towards the weight of the piece looking at its worth. In fact, some companies might even reduce what they’ll pay you for the gold if they have to incur additional processing costs on the precious stones.
So instead of losing value on your jewellery, realise that it is often better to remove the precious stones before you sell your gold. Companies such as Cash for Your Gold can then offer you higher rates for your pieces and you can sell the precious stones to a specialist or keep them if they have sentimental value.
Selling your gold jewellery with Cash for Your Gold
At Cash for Your Gold we understand how difficult it can be to part ways with your jewellery.
But remember, by selling your gold to a reputable seller like us, you’re recycling your gold to create new products, giving your jewellery a new life!
With high demand for gold and new sources becoming increasingly hard to access, you’re helping to reduce the impacts of gold mining and damage to the environment by fuelling the recycled gold market instead.
When you’re ready to sell, simply fill out our form to find out how much you can get for your gold today. Any questions? Give us a call we’ll be happy to help.