If you need to raise cash in a hurry, you can sell gold jewelry to a pawnshop. Many people prefer to deal with these establishments over large jewelry stores due to their hassle-free nature. One of the first things you should remind yourself about is that like other types of businesses, the rates will vary among pawnshops. If you want to sell a piece of jewelry for a figure that it close to the market value, you should choose the right business. When you enter the store, look at the amount and the type of jewelry they have on display. If they sell quality items, this is a possible sign that this is a reputable business that will deal with you fairly.
Many pawnshops will urge you to sell gold jewelry to them, making big promises about the kind of money you can get. You should never be too hasty with this type of decision, as it can end up costing you. It is important to note that most of these businesses pay for your jewelry by the weight, that is, the amount of gold in each item. So basically, you should deal only with the companies that pay the best rate per ounce of gold. Usually, this rate reflects the world market rate, so you know that you are not being cheated. Some establishments will even pay you more money if the jewelry you are selling contains more than 10 ounces of gold.
Pawnshops will generally buy any type of jewelry including rings, earrings, bracelets and antique pieces. Typically, these establishments will buy various types of gold. Aside from fine jewelry pieces you will be able to sell scrap dental gold, gold coins, medals, gold charms and lockets.
Well-known pawnshops like Arizona EZ-Pawn will take just about any type of gold you want to sell. To save yourself some time, you can contact the pawnshop by phone or email to determine whether your old gold pieces might be valuable. If you have a piece of jewelry that is broken, you do not need to fix it before you try to sell it. Some pawn shops will take broken jewelry and still give you a fair price.
