I am going to a local jeweler tonight to see how much I can get for some of my old gold jewelry. I never wear the stuff & most of it was given to me by ex's anyway, so I have no attachment to it. I have no idea what it will be worth but I'm hoping it will help cover my recent clothing splurge. Has anyone else done this?
Re: cash4gold
I have back in early 2008 but price for gold was much better than than it is today. For a name plate and a couple of rings I got over $100! It was a nice little chunk of change. I never EVER wore them and I no longer really like yellow gold, so it worked.
GL to you.
My Uncle IL is a jeweler in Charleston and does this kind of thing all the time. Just be careful!! Find out what gold is going for (per ounce) and see if they will weigh it in front of you. It's so easy to get screwed by these people.
Taking it to an actual jeweler is a good idea though. They had a story on GMA about Cash4Gold and other TV call-in numbers screwing people out of hundreds of dollars.
Oh yea... let me clarify... I didn't actually go to "Cash4gold" - I went to our local jeweler up in NJ (where I am from). He is a good friend of the family. You have to trust the person.
Cash4Gold is a ripoff. Going to a pawn shop is your best bet. My parents own a chain of 7 stores and they pay well for gold weight.
Remember that small gold chains and such are lightweight and probably won't give you much money unless they're 24K. However, you'll still get more there than you would a C4G.
Don't go to a Pawn Shop either. Going to a local, reputable (preferably been in business for some time) jewelry store that does repairs. You will get the best, most "honest" quote.
I sold a couple of pieces an ex had given me that I would never wear and I was using one as a mirror decoration in my car...just inviting thiefs to break in and steal the gold necklace. Got a good penny for it and bought something I wear every day! Do it.
*editted to say that I have never dealt with a Pawn Shop so I have no personal experience just was recommended to me to use a jeweler instead. Did not want to offend any Pawn Shop owners.
Didn't mean to sound snippy, but they way the replies were worded I thought maybe you had all missed it. I agree, sending it by mail would be totally foolish.
With all due respect, not all pawn shops are bad, and its important to find a good company and there are A LOT of great pawn shops out there. My parent's company gets more business and has better quality diamonds and gold than a lot of jewelry shops. (I could go into crappy diamond quality, but I won't bore you)
I have been selling, cleaning and appraising jewelry since I was 16 in these stores. If you find the right place, I guarantee pawn shop owners can be just as knowledgeable (more so IMO) than jewelers who get a job seasonally just for a commission.