Reasons Why You Should Sell Your Gold Jewelry

Gold is a great investment, and selling your jewelry can be a good way to make some extra cash. However, it’s important to know how to sell your jewelry properly so that you don’t get ripped off.

One of the best ways to sell your best place to sell jewellery Perth is to bring it to a local jeweler that buys gold. This will give you immediate payment and you won’t have to worry about shipping your items.

1. It’s Time for a Change

Many people keep gold jewelry that they no longer wear, either because it’s outdated or because they have a sentimental attachment to it. Whether it’s a broken necklace, a watch that’s not working or an heirloom piece of jewelry, it may be time to sell it for cash.

The price of gold changes often and it can be a good idea to turn your old jewelry into cash to reinvest that money. Here are 9 reasons why you should consider selling your old gold jewelry.

2. You’re Moving

If you’re moving, it might be a good idea to sell your gold jewelry. This way, you can get the cash you need to move and you won’t have to worry about your valuables getting lost or stolen along the way.

Always shop around for the best price when selling your gold jewelry. Also, make sure to use a reputable buyer. For example, a local jewelry store or coin collector may offer more than a pawn shop.

3. You’re Stuck with Old Jewelry

You may have inherited gold coins or jewelry over the years that you no longer wear. Selling these items can be a great way to make some extra cash and declutter your home.

However, you must remember that most gold jewelry isn’t made from solid gold, but rather 10 or 18 karat gold which is an alloy. Therefore, it’s important to find a reputable gold buyer. This will ensure you get the most money for your gold.

4. You’re Buying New

Gold jewelry often increases in value over time. So, if you’re thinking about buying new pieces, it may be worth selling your old ones to get the money you need.

Make sure to do your research when it comes to finding a buyer for your jewelry. You’ll want to find one who is reputable and has experience with evaluating gold.

Also, be sure to get multiple quotes from buyers before making a decision. That way you can be sure you’re getting the best price for your pieces.

5. You’re Getting Rid of Old Jewelry

If you have gold jewelry that is collecting dust in your jewelry box, it may be time to sell it. You might be able to get a good price for your pieces, and you can use the money from the sale to buy something else that you need or want.

This is especially true if you inherit gold jewelry that doesn’t fit your style. You should always weigh the pros and cons of selling your jewelry before making a decision.

6. You’re Trying to Save Money

If you have old gold jewelry that you no longer wear, it may be worth selling to get some money back. If you sell to a reputable gold buyer, you should be able to get 50% to 90% of the piece’s melt value.

Gold prices tend to increase during times of economic uncertainty. This can include things like a weakening US dollar, global tensions, or even the Russia-Ukraine war.

7. You’re Getting Rid of Unwanted Jewelry

If you have old jewelry lying around that you don’t wear, it’s probably time to get rid of it. This can include anything from a necklace from your late aunt to a pair of earrings that don’t match.

Be sure to sell your unwanted jewelry to a reputable buyer who will pay you fairly for your gold items. Beware of pawn shops that may undervalue your jewelry or use high-pressure sales tactics.

8. You’re Trying to Boost Your Credit Score

Many people have inherited reputable gold buyers that they simply don’t wear or fit their style. The fashion industry is a fast one, and personal taste can change over time.

If you’re in need of some cash, selling your gold jewelry for a quick cash out can be a great way to get what you need without taking out a loan or sinking deeper into debt. However, be sure to compare offers from a few local buyers and pawn shops to make the most of your sale.

9. You’re Trying to Save Money

When you’re trying to save money, selling your gold jewelry can be a great way to earn some extra cash. Just be sure to do your research and get multiple quotes before selling your pieces.


You may be able to get more for your pieces by going to a local pawn shop or jewelry store rather than a national gold buyer. That’s because the national buyers have to pay for advertising, overhead and the cost of melting down your jewelry.

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