Gold Jewelry Value and Prices: What You Need to Know Before Selling It?

Gold jewelry is one of the most prized possessions you could have. Gold is considered one of the most valuable metals and you can make a lot of cash when selling gold jewelry. If you have gold jewelry that is lying around and no longer in use, you may consider selling it and you can get a substantial amount in exchange for it.

Tips for Selling Gold Jewelry with Higher Value

How to determine the value of gold jewelry for sale. (Image Source: Unsplash)

If you have decided to sell gold jewelry, you need to take note of these tips so you can determine the value and price for your prized items:

Professional Appraisal

Has your gold jewelry examined by a professional appraiser? They can help you determine what type of gold jewelry you have. Is it gold plated? Or is it made of pure gold?

The karat weight of gold should also be taken into account when determining its value. Whatever it is, the difference in value and market price are significant.

The most common types of gold in the market are 10k, 14k, 18k, and 24k. The higher the number, the higher the value of the gold jewelry.

Precious Metals Used

Aside from the type of gold material used, the other factors such as the presence of gemstones and the type of gemstones can also cause the price of the jewelry to go up. The appraiser can use a magnifying glass to determine the number of gemstones and the type of gemstones in use.

Sentimental Value

Aside from the technical considerations, you must also account for the sentimental value of the jewelry. If the item is of value to you, then you need to put a higher price on it should you consider to sell it.

Find a reputable appraiser.

There are many jewelers out there who promise to offer expert appraisal services but they are not the same. You want to make sure that the appraiser is certified and that they have been in business for a long time.

Those who are around for many years in the business have a reputation to protect. Therefore, you can trust them to provide you with an honest and accurate appraisal of your gold jewelry’s value.

Looking for a Place to Sell Jewelry in Colorado Springs?

Tips for selling gold jewelry. (Image Source: Unsplash)

Why leave your gold jewelry unused and in your jewelry box when you can make money off of them? Lane Mitchell Jewelers is a trusted jeweler in the Colorado area and is considered as the best place to sell jewelry in Colorado Springs. Our company is made up of experienced and licensed jewelers who are also trained when it comes to jewelry appraisal.

This is how you can ensure that you get the most out of every piece of jewelry that you sell and that you can get it for a price that matches its value. Make sure you schedule an appointment online so our jewelry appraisers can have a look at your gold jewelry. If you are not into selling gold jewelry, we also provide a wide range of other related services at Lane Mitchell Jewelers.

One of them is custom jewelry design, specifically for engagement rings. As a family business that has been around for more than 150 years, we can guarantee that your jewelry needs are taken care of. For questions on the services, we offer, email