How Much Can I Get for My Gold Jewelry?
One of the first questions that people ask when walking into our shop is, “How much can I get for my gold jewelry?” If you’re toying around with the idea of selling some of your jewelry, this is probably one of the main things you’re curious about. Offers vary widely from one piece to another, but these are some of the primary things we’ll consider when assessing your piece.
Where Are You Selling Your Jewelry?
Where you sell your gold jewelry makes a huge difference in how much you’ll get. If you want to get paid top dollar, visit Hilltop Pawn. We’re well known in Virginia Beach for making fair offers on all jewelry.
What Condition is Your Jewelry In?
You might have heard that you can sell your jewelry regardless of its condition, and this is true. We regularly purchase broken necklaces and damaged rings, and we still make fair offers. As you can probably imagine, though, we aren’t able to offer quite as much for damaged jewelry as we do for jewelry that is in good condition. Once jewelry is in irreparable condition, it can’t be sold as-is. Instead, valuable stones will have to be removed from the piece, if applicable, and the gold will have to be melted down. We’ll consider how much the gemstones are worth and how much the gold will be worth when it’s melted down, which is based on both the weight of the jewelry and the current spot price for gold.
What Type of Metal is Your Jewelry Made From?
Not all gold jewelry is created equally or is of equal value. This is because different pieces of jewelry have different amounts of gold in them. After all, jewelry isn’t actually made from pure gold. Instead, it’s made from a mixture of gold and other metals, such as silver and copper. 24K gold is more valuable than 14K gold, which is more valuable than 10K gold.
Additionally, we buy jewelry made from other precious metals, such as silver or platinum, so bring us what you have!
What Type of Gemstones Are in Your Jewelry?
If you’re selling a diamond ring, we’ll consider the 4C’s of diamonds when making you an offer. This means we’ll look at the color, cut, clarity, and carat weight. We’ll consider the type, size, and quality of other gemstones in your jewelry, too.
Is There Anything Special About Your Jewelry?
If there’s something special about your jewelry, we might be able to make you a higher offer. We’re always excited to purchase jewelry from top designers. We also pay top dollar for vintage or antique jewelry, jewelry that was once owned by a famous person, or rare pieces.
These are all things we’ll consider when appraising your jewelry and making you an offer. The best way to get an accurate offer is to bring your jewelry in to Hilltop Pawn in Virginia Beach. We are unable to make offers by phone, but one of our jewelry experts will be happy to take a look at each of your unwanted gold jewelry pieces and make an on-the-spot offer if you stop by our shop.