Sell Gold Jewelry
Last updated: March 27, 2018
You know that there is a pile of antique gold brooches, lockets and weathered bracelets sitting in your family's deposit box, but you just can't seem to decide what to do with it. You could divide up the items and pass them down to your children, but what can a pair of Edwardian style gold earrings with emerald gems do for your daughter these days? A good alternative? Sell your gold jewelry and get the cash you need to pay for your children's education or a first car – now that sounds like a more practical plan. Here are the first steps you should follow when you finally decide to sift through your gold heirlooms.
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Get the Real Deal On Your GoldOnce you decide to sell gold jewelry, the first thing you should do is go through your jewelry box and determine which items are real gold and which items are imitation or plated gold. The most effective way to do this is to use a strong magnet. Hold the magnet close to the items and see if anything gets pulled towards it. Any items that stick to the magnet are most likely imitation gold. You can put those items aside and move on to the next stage with your real gold pieces.
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A Diamond Ring
Sort Your Gold
Dig out your magnifying glass and inspect your gold jewelry for labels that state the karat amount. You will find the karat amount stamped on your item represents the amount of pure gold present. If your item is labeled as '10K', it is 41.7% pure gold. In the United States, it is mandatory that any jewelry marked or sold as "gold jewelry" be 10K or higher. If your item is marked as '12K', then it is 50% pure gold. If it is marked as '14K' then it is 58.3% pure gold and '18K' items are three-quarters pure gold. 14K is the most popular grade found in people's collections who are selling gold jewelry. It is a happy medium between 18K and 10K and the percentage of alloy makes it a very practical choice for rings. Sort out all you gold jewelry according to karat grading and store each group in a separate ziploc bag. Make sure to look out for stamps that read "GF" or "GP". These markings denote that your item is only gold on the surface. Put these in a separate bag as they will most likely be unwanted when you sell gold jewelry.
Time for a Weigh-In
Knowing the weight of your gold jewelry is extremely important when trying to maximize your profits. Weigh each of your gold jewelry items separately in grams, keep a written list and stay organized. If you don't have a scale at home, you can go to a local post office or buy a simple digital scale for under $20.
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Have Your Item Professionally Graded
Now that you are organized and know what you have to sell, it's time to turn to a qualified buyers' network like Worthy. In addition to gaining access to the highest potential offers for your pieces, you'll also benefit from Worthy's professional valuation partners. The world's top gemological labs, GIA and IGI, will execute the most accurate evaluation of any gold jewelry and guarantee that you'll get the highest market value upon sale. If you are a busy person, selling jewelry at Worthy saves a lot of time. All it takes to request an initial evaluation is to fill out a short “Sell Gold Jewelry” application form on the Worthy homepage. You'll be asked to describe your jewelry as accurately as possible. Photographs of the jewelry can be added, helping with the Worthy evaluation process, completing an accurate initial description.
Once you submit your item's details, we survey the market and similarly auctioned items to see its auction potential. If you decide to commission Worthy to sell gold jewelry for you, we'll cover the fully insured FedEx shipping of the items to our headquarters. When your jewelry arrives we will photograph it and have it professionally graded at the GIA laboratory located near our offices. Next, we'll take all the burden of selling the jewelry off your shoulders by presenting the e-Diamond report and professional photos to our network of buyers, negotiating and closing the final sale. Once the sale is final, we'll send you your cash almost immediately. Sounds like a lot of work, right? Any individual who tries to do all this independently will end up spending hours and hours researching, chasing leads and dealing with many challenges along the way. That's why Worthy is such a convenient solution to sell gold jewelry, getting the best market value and feeling secure in the process.
100% Seller Protection
We only trust the best diamond grading lab in the world, GIA, to grade valuables prior to auction. Diamonds sold with GIA grading reports are considered more valuable and can command higher prices.
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Partnering with Worthy to find the best buyer for gold jewelry is one of the safest and most trusted ways to tackle the challenge. Worthy proudly maintains an excellent BBB rating and holds a Secondhand Dealer's License issued by the New York City Department of Consumer Affairs. This certification guarantees that all of the company's ventures are fully licensed and regulated by US government standards. From the moment you ship off your gold jewelry to Worthy, it is 100% insured until it is sold for the best price and reaches the buyer.
Worthy is internationally acclaimed for its experience and expertise in selling jewelry, diamonds, precious stones, precious metals and luxury watches. Industry professionals from the world over seek guidance from Worthy on how to sell gold jewelry and make the highest profits. Our customer reviews are testament to just how effortless it can be to get cash fast for your gold jewelry. Just submit your items and let us do the legwork.