You can sell your gold jewelry as a good way to get rid of pieces that you simply don’t care for anymore or that are broken and unwearable. It’s also a surefire, easy way to put money in your pocket when you might need it the most. If it’s your first time selling gold jewelry in Virginia Beach, you might want to learn a little more about the process. You’re probably wondering where can you sell gold jewelry in Virginia Beach, where’s the best place to sell my gold jewelry, or how much can I get for my gold jewelry? We’re here to tell you more about what to expect and to help you be successful when selling unwanted pieces.
Where Can You Sell Your Gold Jewelry in Virginia Beach?
If your first question is where can you sell gold jewelry in Virginia Beach, you’ll probably be happy to know that you have a number of options. Of course, we recommend visiting Hilltop Pawn anytime that you want to sell gold jewelry, but there’s certainly nothing wrong with at least looking into some of your other options.
Sell to a Jewelry Store
Virginia Beach has a few really nice jewelry stores that have been around for a long time. They mostly focus on selling new jewelry, not used jewelry. When you’re wondering who buys gold jewelry in Virginia Beach, though, you should know that some jewelry stores will either buy your jewelry or allow you to put it on consignment in their shop. Some jewelry stores buy meltable gold, too. It’s not a terrible idea to get an offer for your jewelry from a jewelry store, but you may want to think twice before putting your jewelry on consignment.
Sell to a Pawn Shop
Anytime you’re wondering who buys gold jewelry in Virginia Beach, pawn shops should come to mind. Even though pawn shops are very heavily regulated in Virginia (and across the nation!), you should know some are better than others.
A pawn shop like Hilltop Pawn can be an excellent choice if you want to sell your gold jewelry. We invest a lot of money in advertising to bring in customers, and we’ve worked for years to build a solid reputation in Virginia Beach. The last thing we want to do is throw our hard work and money away by upsetting or disappointing our customers, so you can always count on us to go above and beyond to provide you with a great experience.
Plus, since our pawn shop puts more of a focus on jewelry than many other pawn shops in the area, we’re incredibly knowledgeable about the true value of any pieces you want to sell. We can appraise your piece, make you an offer, and write up the sale in minutes, and you’ll get your cash right then. There’s no worry about consignment or waiting for a buyer.
Use an Online Marketplace
There are online buyers that purchase used gold jewelry and other gold items. Some of these companies are legitimate and reputable, but it can be hard to know which ones to deal with, since there are a lot of scams out there. Even if you choose a reputable buyer, you still have to worry about waiting days or weeks to get paid for your gold, since you’ll have to send it in and wait for an offer. If you don’t like the offer you’re given, you may have to pay to have your items shipped back to you, so you can actually lose money in the process. You don’t have to worry about this at Hilltop Pawn, since there’s no obligation or cost for us to make you an offer, even if you decide not to sell.
Of course, there is one upside to working with an online buyer: you don’t even have to leave the house. Even though this might be convenient, you’ll still probably find that the disadvantages outweigh the benefits. Plus, since Hilltop Pawn is conveniently located on Laskin Road in Virginia Beach, and since we are open six days a week, stopping by shouldn’t be too inconvenient if you live in the area.
Find an Individual Buyer
You can advertise your jewelry on Craigslist, Facebook Marketplace, eBay, or another site to look for a private, individual buyer. It can be time-consuming to take pictures of your jewelry, write descriptions of your piece, and answer questions. You may or may not find a private buyer. Frankly, it can be hard to find buyers for gold jewelry on these sites. There are also a lot of scams and dishonest so-called buyers that you have to worry about, and it could take a long time for you to find someone who will actually buy your piece. Unless you know a friend or family member who might be interested in buying your used gold jewelry, selling to an individual buyer may not be your best choice.
Who Buys Silver Jewelry in Virginia Beach?
Gold jewelry certainly isn’t the only valuable jewelry that you can resell to put some cash in your pocket. Silver and sterling silver jewelry are also popular and valuable. In addition to buying gold jewelry, Hilltop Pawn is your go-to spot in Virginia Beach for selling jewelry that is made from other precious metals, including silver, platinum, and more.
How Does Selling Gold Jewelry Work?
Selling gold jewelry at Hilltop Pawn couldn’t really be any easier. Just bring us your jewelry, and we’ll do the legwork for you. The process of how selling gold jewelry works starts with one of our jewelry experts assessing your pieces first to determine if it can be purchased for resale or for meltable gold.
We’ll determine the gold content of your jewelry, and we’ll assess the size and quality of the diamonds and gemstones in the piece. We’ll determine if your piece is a vintage, antique, rare, or designer piece. We may weigh your jewelry to determine its melt value.
Then, we’ll tell you how much we’re willing to pay for each piece that you’ve brought in. If you are interested in our offer, we’ll write up the sale paperwork, count out your cash, and send you on your way. If you don’t like the offer you’re given, we’ll return your pieces in the same condition that you brought them in with.
How Much Can I Get for My Gold Jewelry?
When people come in to our shop, one of the most popular questions that they ask is often, “How much can I get for my gold jewelry?” You might not be totally sure that you want to sell your jewelry yet; your decision might be partly dependent on how much you’ll be paid if you do choose to sell. If you’re selling jewelry because you’re running short on cash, you might be a bit anxious about whether you’ll be able to get the amount you need.
Because of this, people sometimes call ahead and ask us what we will pay them for their jewelry. We understand why customers do this; after all, you might want to compare offers from different buyers to make sure you get paid the most, or you may still be trying to decide if you want to sell your jewelry at all. Unfortunately, we aren’t able to answer these types of questions over the phone. There are just too many variables involved in appraising jewelry, so we’ll need to see it and potentially weigh it. We don’t want to give you an inaccurate quote. When you come in and ask for a cash offer, though, the offer we give is the amount we will pay you in cash, that day, if you choose to sell.
There’s no obligation to sell to us just because we make you an offer, and you won’t owe us anything for assessing your piece. You don’t really have anything to lose by stopping by to get an offer, other than a few minutes of your time. We’ll look at a number of things, but gold content and stone value are two of the big ones that will impact your offer.
The base price for gold depends on the current market and the actual gold content in a piece. 24K gold is 100% gold, while 10K gold is only 41.7% gold and is otherwise made from other alloys. The higher the gold content in your piece, the higher its value.
We look at the four C’s to determine the value of a piece of gold jewelry that features a diamond. They are:
● Cut - The cut refers to both the type of cut and the quality of the cut of the diamond. Some popular diamond cuts are princess cut, emerald cut, or round cut. Some cuts are more valuable than others either because they’re more popular or because they’re more rare. The quality of the cut heavily impacts the value of the diamond, too; if the diamond is not cut to the exact angles it’s supposed to have, its cut grade isn’t as good.
● Color - If you think all colorless diamonds are the same color, you should know this is not the case. Instead, diamond color is assessed on a grading scale that ranges from D to Z. Diamonds that are closer to D on the scale are more valuable, since they are closer to being truly colorless.
● Clarity - Most diamonds are not truly flawless. Some have imperfections that can be seen pretty easily with the naked eye, while others have imperfections that are difficult to see without a jeweler’s loupe and experience. Naturally, diamonds that have fewer flaws are valuable.
● Carat Weight - Obviously, when all other factors are equal, heavier diamonds are worth more than lighter diamonds. Diamonds are weighed in carats.
What Type of Gold Jewelry Sells Best?
At Hilltop Pawn, we can and do purchase gold jewelry of all types and conditions. However, you might be wondering, what type of gold jewelry sells best? If your jewelry isn’t in great condition, we can still buy it from you; we’ll just make an offer based on the sum of your piece’s parts, such as the value of the meltable gold and any diamonds or stones that might be in the ring or necklace. However, as you can probably imagine, we can’t offer as much money for jewelry that isn’t in sellable or repairable condition. Still, selling to us is a great way to get rid of unwearable jewelry that you just don’t want anymore, and it still lets you put some cash in your pocket.
Naturally, because a big part of our business is reselling used jewelry, we look for pieces that we think our customers will be most interested in. The condition of your jewelry is just one (big) part of what we look at. We also consider the brand or designer, how popular the style is, whether or not the piece is a rare or antique piece, and more. If a piece seems like something that will be a hit with our customers, we can often make you a higher offer. After all, we can do so if we feel confident that we can resell the piece at a profit sometime soon. Plus, when we see a piece we really think our customers will like, we’ll want to make you an offer that you can’t refuse.
We do buy gold jewelry of all types. Gold necklaces, wedding rings, engagement rings, bracelets, class rings, and more are all popular. We also buy luxury watches and other high-end accessories.
We Buy Gold, Silver, and Platinum
Not only is Hilltop Pawn here to buy your unwanted gold, but we buy other precious metals, too. If you’re wondering who buys silver jewelry in Virginia Beach, look no further than our pawn shop and jewelry store. Bring us your silver, platinum, and more. We buy jewelry made from precious metals, but we also buy gold bullion, dental gold, scrap gold, broken jewelry, and much more. If you aren’t sure, don’t hesitate to stop by with your items, and our experienced associates will be more than happy to look at them!
Anytime you’re looking for the best place to sell my gold jewelry, you don’t have to look any further than Hilltop Pawn. We’re dedicated to providing you with the best possible experience and the most fair and reasonable offer.