If you have gold jewelry that’s lying around your house, you’re probably wondering on what to do with it. Most people tend to give it away to family or friends who may find it beneficial; however, if you’re needing cash, then you can look into selling it at a pawnshop. Pawnshops usually will give you a decent amount of money for your jewelry, especially since jewelry tends to be one of the most popular purchases at a pawnshop.
How Can I Sell My Gold?
Selling your gold jewelry is easy and it can take you less than twenty minutes from the moment you enter the pawn shop. You first would need to bring in all the gold jewelry you have that is in good condition. The better the condition the jewelry is in, the better price that you’ll get. Make sure you take a look at bids on online auctions to get a general idea of how much your jewelry is going for. The pawnbroker will inspect it to see how many carats any diamonds are and to verify it’s genuine and then ask you how much you’d want for it. If you’re not willing to go down any further, make sure you tell them that. Most of the time, the pawnbroker will pay you for the amount you’re asking for, if they think it’s a good buy. They do run the jewelry through a database to make sure that it’s not considered stolen according to any police reports. This is required by law for all pawnshops to do because of the number of incidents in which people have stolen items from others and have tried to get them sold at a pawnshop for cash.
Can I Get My Jewelry Back After I Sold It?
If you’ve already sold your gold jewelry, then you likely would have to buy it back. There are very few reasons for a pawnshop to do a refund, so you would have to check out the policies on that. Most sales at a pawnshop are final.
Can I Exchange My Gold Jewelry For Another Item?
Depending upon the policies of that particular pawnshop, you may be able to exchange your jewelry for another item depending on the price amount.
UltraPawn will give you a decent amount of money for your jewelry, contact us today.
