Selling Gold Jewelry For Quick Cash: 3 Ways To Get More Offers

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If you're in need of quick cash, the answer to all of your financial troubles might be lying around in dusty jewelry boxes or cabinets around the house. Gold jewelry can be easy liquefied or used as collateral for a loan. The value of gold remains relatively constant and is expected to average $1,200 per ounce through 2016. Unless you plan on melting the gold jewelry, here are 3 ways that you can improve the value of each piece and potentially get more offers.

Clean Each Jewelry Piece

One of the main benefits of selling gold jewelry is that the value of each piece is not only determined by the amount of gold it contains, but buyers are also interested in the style and design of the jewelry piece, as trending designs can fetch a higher price. To get more offers on your gold jewelry, you want to make each piece stand out and look absolutely stunning. You want potential buyers to be able to imagine themselves wearing each piece with a certain outfit. The only way that you can accomplish this is if you clean the jewelry pieces so that they recover their original shine.

Cleaning gold jewelry is easy. All you need is mild detergent and a soft-bristled toothbrush to remove any dirt or dust that might have accumulated on their surfaces.

Get Each Piece Appraised

Many people are hesitant to make an offer on gold jewelry if they can't ascertain the base value of each piece. Get your jewelry appraised so that there are no doubts about the purity of the gold. An appraiser can also determine the weight of gold that the jewelry contains. You can use this information to determine the minimum value of each piece to determine if you're getting a decent offer or not. Offers should be over what you would get if you were to melt the gold.

Include a Backstory or History If Possible

People love stories that they can relate to. If your gold jewelry has been handed down by previous generations, you might want to make an effort to see if you can dig up a backstory to the piece. For example, you might want to determine which era the jewelry was made in, who the designer was, and how the jewelry came to be passed down generation by generation in your family.

Spending the time to give each piece of jewelry a facelift can help you obtain more offers within a shorter period of time. You'll be able to get the cash that you need easily. For more information, contact local professionals like Wimpey's Pawn Shop.

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11 October 2016

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