The Best Way to Sell Jewelry and Valuables
With the price of gold soaring towards $1,200 per ounce, people are scrambling to search through their valuables and gold in search of extra cash. You need to be somewhat savvy when seeking the best place to sell your valuable items. It is important to check the reputation of the place that you are looking at.
Selling your valuables and jewelry
One of the best ways to gauge the market price of any valuable item is to check on eBay, which is usually a good source to check past and current prices of any type of item.
If you are seeking to sell your gold, you should purchase a small gold scale that runs for around $20. According to Joe Deleria, owner of Canal Side jewelry in Rochester, NY "Never sell your gold by pennyweights: You should sell your gold by grams or ounces. You will get more cash when you sell your gold for grams and ounces".
He also suggests that If you know of a reputable pawnbroker, you can take your valuable items there and see if you can get a fair market price. However, before you take your items to a pawnbroker, check a catalog of antiques and valuables to see what the going rate is for that particular item.
You can always sell your items on Craigslist. Craigslist also helps to gauge the market.
One of the best places to sell your jewelry and valuable items is on eBay. You can place your items on the auction site and start the bid at the lowest price that you are willing to take for the item. The great thing about eBay is that if a person really wants your items then they will bid far above the market value. EBay does charge a small fee for the final value of the item but for the exposure and range of people that eBay attracts, the small fee is worth it.
