Reasons to Sell Your Unwanted Gold and Jewelry

John HutsonBlog

Selling jewelry

Here’s a fact. Not all of America’s gold is in Fort Knox. Nearly everybody has a little stash of gold somewhere in their home. Such caches typically consist of all the little bits and pieces of unwanted or broken gold jewelry that one has accumulated over the years.

There might be a necklace with a broken clasp or a single earring whose mate was lost long ago. Some people have kept wedding rings from marriages long ago dissolved solely for their monetary value. It is easy to forget about broken bits of jewelry, but there are many reasons why it is a good idea to gather up and sell your unwanted gold and jewelry.

The Price is Right

For starters, the value of gold is up. The current spot price is $1,765.35, which has been predicted by respected authorities to go as high as $2500.00 an ounce by the year’s end. Historically, gold has enjoyed an increase in value in times of national economic uncertainty. Many economists think we have entered such a period. Take advantage of these historically high prices by taking the time to hunt down all your available gold. Turn your broken jewelry pieces into hard cash that you can use to pay for things you desire or need today.

The price is right, but there is competition in the marketplace today for your gold. Naturally, you want to get the best available price for your gold. Don’t assume you’ll be offered the same price everywhere. Also, you’ll need to decide between selling online or selling locally. Once you’ve determined that you wish to turn your old jewelry bits into cash, you must find the best place to sell gold here in Texas.  

It Gets Rid of Multiple Kinds of Clutter 

Another reason to sell unwanted jewelry and gold is to reduce the clutter in your life. Clutter takes more than one form. For example, there is physical clutter, the actual clutter of where the broken jewelry resides within your home. Is it in the back of a safe, drawer, or jewelry box? Is it in boxes, bags, envelopes, or just loose? Some people have multiple collections of rings, necklaces, watches, gold teeth fillings, coins, and the like, and some have small amounts of gold bullion.

Then there is psychic clutter. That’s the kind of anger and annoyance that comes over you every time you look at the wedding band your cheating ex so tenderly placed on your finger. A clearing occurs when you realize that you will never again have to feel those feelings because you inadvertently ran across the ring. The best thing anyone can do with jewelry that causes them emotional pain is to get rid of it ASAP.

Makes Way for New Beginnings

Current prices are so high that, no matter what amount of gold you have available to sell, you’re apt to end up with a nice chunk of change to use as you desire. This is the fun part, the payoff for having done the work of gathering all the broken and unwanted pieces. Essentially, you channel all the broken, undesired parts of your jewelry into a new beginning for yourself.

What will it be? Will you go on an exotic vacation? Maybe you’ll purchase a new piece of furniture for your home. Or, perhaps you’ll buy a new car. Regardless, when you sell gold jewelry, you create new space and give yourself the means to do something special with the funds you’ve obtained. 

Making It Happen

How do you do this now that you’ve decided to gather and sell your unwanted gold? First, determine whether you wish to sell locally or online. Many people opt to deal with unknown persons on a gold and silver exchange over the internet and send off their gold in a padded, stamped envelope. Most of the time, that works out. Sometimes, the payment never comes, and the gold is never seen again. Scams abound, and fraud happens. 

The safest thing to do is to deal with an established, reputable, and local gold dealer or jeweler. Find an established business where you can personally take your gold items, have them evaluated, ask questions, and receive payment on the spot. This solution lets you keep your money local and invest in your community. 

A new year is approaching. This new year is filled with new opportunities and beginnings. Is there a better time than now to sell your old gold to finance newer, better, bigger dreams and plans?