Jewelry 1
Helpful Jewelry Information Community Site
kcullen01 asked:
I have a lot of gold jewelry, some of which is damaged but suspect that it is worth more melted down than in its current form. Where does one go to sell gold like this without being ripped off? If your advice is to use Cash4Gold, then please don’t bother responding.
You are never going to get market value for your gold. A lot of people forget that it is a business and there are expenses. About 2% of the gold immediately evaporates upon melting, market price may drop, rent, assay fees, permits, labor, taxes, etc etc. Also market prices are based on 1,000 ounces of bullion (bars, coins etc) on a trading level.
If you have one ounce of jewelry, and gold is $1,000 a ounce you don’t get $1,000 for that jewelry. Most jewelry is 14k gold and that is only 58.5% pure gold.
10k- 41.7% Gold
14k- 58.5% Gold
18k- 75% Gold
22k- 91.7% Gold
I am a refiner and diamond buyer in Florida, and will give you the information you need to sell your items without getting ripped off.
Gold (Based on todays price of $993/oz)- 10k- $9 gram, 14k- $13 gram, 18k- $17 gram.
Silver- 925/Sterling- $9 a ounce.
This is the absolute least you should get per gram. A lot of place buy it according to pennyweight (DWT) to convert grams to pennyweight just multiply the gram price by 1.55.
I pay around 6% more than the numbers I listed above for 100 grams of gold OR LESS, if you 100-200 grams I pay 10% more than the prices above, 200 grams or more 12% more than the prices above.
I buy from jewelers, dealers, pawn shops, and the public all over the country. If you know the approx weight and karat of the gold I will pay you PRIOR to you shipping your items using paypal. If you dont have a scale I send them to customers FREE OF CHARGE! If that sounds like something you would be interested in doing call me anytime. My number is tollfree. (877) 487-1386. Either way I hope you get a fair price no matter who you sell it too. Just Do YOUR RESEARCH!!!
A few last things. If you have any gold or silver coins or bars (bullion) you should get about 1%-2% below market value if they are pure gold (most are) since they do not need to be melted.
Also now is NOT the time to sell anything but gold, silver or platinum. If you have diamonds (larger than a 1/2ct), or a high end watch, KEEP THEM IT!! Wait until the economy rebounds a little. You would get half of what you would of got 6 months ago for them!!
Hope this helped.
I buy gold that can be used for computer motherboards. I’m willing to pay $32.00 per pennyweight. I can buy 10k, 14k, 18k, or 24k gold in any form. Most jewelers will give you less than 28.00 per pennyweight (and pawn shops with rip you off even more!). you can look that up. if interested please email me at
i’d be gald to help.
-Jacob
I would recommend cash4gold they gave me a really high price for my jewelry when i was in need of money fast during these hard times. I think they cut out the middle man or something like that thats why they gave me such a high value for the gold.
There may be several dealers in your area. Get pricing from as many of them as you can. This way you can develop a picture of the market and then it will make you much more knowledgeable and it will be easier to find a path forward. This does take a bit of leg work, phone work, time and energy. But I am sure you will find that it more than pays off.
Here’s a good tutorial on how to get your maximum price:
check out
has a lot of tricks and answers about everything you can do online
Try looking in the phone directory or classified ad’s of your local newspaper for scrap metal dealers, also some jewelers might take this off your hands, i would check what it’s weight is worth then you can get an idea of how much to expect.