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Toadsputum | With the high price of gold these days...? |
Is it worth selling old jewelry? If so, where should you sell to get the most $?
Additional Details
I'm not struggling financially. I was trying to sell some things to pay for an extra vacation. I'm giving birth in June so I was trying to get away for a long weekend. We're also having a garage sale to make room for baby, but I don't wear any of my jewelry and I have had it for years. It holds no sentimental value and basicaly takes up space, so I was mostly wondering where to sell it. |
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Credic J
 |
Most certainly now is a good time to sell it off. Anytime gold is between $900-$1000 is a good time (which is now.) No one can be sure where gold is going to go in the future.... most people say its going to lower but then again who knows... it's a really crazy market out there.
This website will defintely give you the most money for gold and jewelry you don't wear any more.
http://www.goldintomoney.com/company-reviews/cash4goldcom-company-review |
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normandsal
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Selling anything you don't want is always a good idea. I think gold is going down because it has no real value like other commodity like oil, wheat, corn, steel, copper. |
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Mountain Girl
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I wouldn't sell it. Gold is probably going to double in value and you'll be kicking yourself for selling it. Unless you need the money now, I wouldn't even consider selling it. |
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Rob - R.I.P. Chelle
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Rob McEwan (the CEO of U.S. Gold) thinks gold will reach $2000/ounce by the end of 2010. Right now gold is around $900/ounce. |
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djwmcginty
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It's not worth selling anything with a high value these days because the price won't go down for a long time. Think of your jewelry as an investment. If you know the growth potential of the jewelry's value is becoming higher and isn't slowing down, keep the jewelry and find ways to save money elsewhere because the longer you keep your jewelry, the higher the demand will become, and sooner or later, it (the jewelry) will reach it's full growth potential and at that point, the only way the value's going to go is down. Of course, there is no way of knowing how the value will be of jewelry in years, so the best advice I could give you is to keep the jewelry, find other means of financial aid, and soon enough, the value of your jewelry will be high. This is because there are many people like you who don't think ahead and will lose their jewelry, so, naturally, the law of supply and demand states that if you have something valuable and in demand, generally people will pay big bucks for it. Unless you are in a financial debt extremity, I strongly suggest you keep your jewelry; and if you end up selling it, sell it at a high price because gold is $1,000 per ounce. That's a lot and it won't go down. I hope this helps you and good luck with your jewelry. PEace =) |
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bob shark
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Gold jewellry is called "JUNK GOLD"
becasuse it is not pure gold...it is probably 10-14 Karat but no one can tell without assaying, with costs a lot of money.
So selling jewellry will get you a low price based on the buyer discounted opinion on gold content of your stuff. |
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rmtzlr
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Only if it is a financial emergency, or if the jewelry has no real sentimental value to you. Prices of gold may be high now, but it is not easy to get market price on gold by selling your jewelry.
Also, gold prices could always move higher, and they most certainly will be at some point in the future.
If you do decide to sell it, I believe they have services that will buy your jewelry at a discounted price, and then they melt it down to store. Other options are pawn shops which will probably give you very little of a piece's actual value. Often times, a piece of jewelry's value is not from the gold in it as it is from the work, design, or designer of the piece as well as a myriad of other factors. In that case, there is no real advantage to selling right now. |
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