What Price Do You Get When You Sell Gold? | Hilltop Pawn
So many people who have unwanted gold items find themselves wondering...what price do you get when you sell gold? There's really no easy way to answer this question, since there are just so many variables at play. Luckily, you don't have to keep wondering about gold prices and how much you will get paid for your gold. Instead, get answers to your question today. You can bring your dental gold, gold necklace, and other gold items to our pawn and jewelry store today, and our staff can assess your jewelry and make you an offer right then. You'll always get a fair price here, and we're fully transparent about how much we pay. Plus, you'll get paid in cash on the spot...it really doesn't get any more convenient when it comes to selling gold bars or unwanted fine jewelry from your jewelry box.
Sell to the Right Gold Buyer to Get a Higher Price for Gold
The first thing that will really have an impact on whether or not you're paid higher prices for your gold is where you sell. Put simply, there are some gold buyers who will pay more for your gold than others. Skip looking for an online gold buyer who may or may not be legitimate and who might not pay you what you deserve. Hilltop Pawn is always a good place to sell gold in Virginia Beach, since we always strive to make a better offer than our competition. Also, don't forget...we pay high prices for other precious metals, too. We're also platinum and silver buyers, so bring us your silver jewelry, silver coins, platinum jewelry, and so on. We will make you a good deal on your valuable items.
Do Different Gold Buyers Pay Different Amounts?
The answer is yes. There are some gold buyers out there who try to get away with paying the lowest possible amounts for gold. Obviously, this isn't someone you are going to want to work with. Of course, gold buyers have to make a profit in order to stay in business. Naturally, no matter which gold buyer you sell to, they are going to make money off of the transaction. If you choose the right gold buyer, however, they will pay you a fair and reasonable amount for your gold.
Who Pays the Most for Gold in Virginia Beach?
If you're in Virginia Beach or elsewhere in Hampton Roads and looking for the buyer who pays the most, the answer is clear...Hilltop Pawn. Paying high prices for gold jewelry and other items of value is what we do here. It's just one reason why we are a great place to visit when you want to sell gold and get the best deal.
What to Look for in a Reputable Gold Buyer
If you are on the hunt for a good gold buyer, there are a few things you should look for. Ideally, you should look for a physical gold buyer instead of an online buyer...there are just so many reasons to sell your gold in person instead of sending it through the mail. To ensure that the gold buyer actually knows what they are doing and will pay you what you deserve, you should look for someone who has years of experience. Additionally, reputation is everything. If you can find a gold buyer that has a good reputation -- like Hilltop Pawn, a staple in the Virginia Beach community -- then you should be able to feel comfortable selling your gold to them. You can enjoy peace of mind when selling to us.
Hilltop Pawn Shop Pays High Prices for Gold Jewelry & More
If you have lived in Virginia Beach for very long, you have likely heard of Hilltop Pawn Shop & Jewelry. Maybe you have seen our ads on TV, or perhaps you've stumbled across our website at some point. If you have friends who love jewelry, they may have told you about the great experience that they had when purchasing the perfect piece of jewelry from us. We've been around for quite some time, and we're well-known in the community.
Why do we pay more for gold? Well, there are a few reasons. If you know anything about us, you probably know that we focus a lot more on jewelry than the other pawn shops out there. In fact, there are a lot of people who don't really think of us as a pawn shop at all. Instead, we're seen as more of a jewelry store, since buying and selling jewelry is the main thing that we do.
Because of this, unlike the average professional gold buyer, we actually truly understand and appreciate the value of nice gold jewelry. There are some online buyers who only care about the melt value of jewelry...they often don't care if the piece is from a designer brand or that it's in high demand. This isn't good news for customers who bring in high-value jewelry, only to sell it based on its weight and gold content. Of course, we look at gold content when we're buying gold jewelry, but we look at other things, too. Is it something we can easily resell in our store? Is it a desirable piece that our customers have been looking for? Is it a rare piece of vintage or antique jewelry? Does it feature gemstones or diamonds? We take all of these things into consideration when making you an offer, and because of that, we'll often give a considerably higher offer than some of the other gold buyers out there.
Plus, keeping our customers happy is important. Our name means everything to us. We have spent years building up a good reputation in the Virginia Beach community, and we want our customers to keep coming back. If we make you a low ball offer for your jewelry, that's obviously not going to make you very happy with us. We want to make you a fair, legitimate, competitive offer for your gold. You can trust us to pay you what you deserve for your unwanted gold, so selling to us is a great way to put extra cash in your pocket.
Current Spot Price of Gold Impacts Gold Offers
There is one thing that is out of our control when it comes to gold buying. Really, it's out of any gold buyer's control. It's known as the "spot price," which is the amount of money that gold is worth at the time. In the gold market, prices fluctuate on a daily basis. There are a few things that impact how much gold is worth. For example, the current demand for gold, the stock market, and the supply of gold that is available are all things that can cause the spot price to go up and down. Gold buyers keep track of the going rate for gold, since this helps us set our prices. Of course, we are able to pay you more for gold when the spot price is higher.
The good news is that the spot price of gold has consistently been high lately. It fluctuates a little, of course, but overall, it's been fairly steady. This is good news for you, since it means that you should be able to sell your gold for a great price when it's convenient for you. Of course, you can monitor the spot price of gold online yourself, or you can ask us about it. Naturally, selling when the spot price is high is a good way to get more money for your gold. If you're only selling a few small gold items, the difference will probably be negligible. However, if you're selling large amounts of gold, selling when prices are high can make a difference. Fortunately, you can always expect to get the best value for your gold at Hilltop Pawn Shop, so come see us when you're ready to sell.
How is Gold Valued When You're Selling to a Gold Buyer?
You're likely wondering...how is gold valued when you're selling to a local gold buyer? Well, of course, different gold buyers do use different processes. However, there are a lot of things that are similar from buyer to buyer. There are various things that we look at when we're making an offer as a gold and jewelry buyer. If you'd like to find out how much your gold is worth, come see us to get a top dollar offer on the spot.
Is Your Item Worth More Than Its Gold Melt Value?
In some cases, gold is worth its melt value. This is the case with things like scrap gold or dental gold. There isn't really anything that the gold can be used for in its current state, so it has to be melted down and re-used. However, despite the fact that the gold isn't particularly useful right now, it's still worth something because it's made from a desirable precious metal.
If you bring in items that are only useful for their melt value, we will make you an offer accordingly. This is the case for all types of gold, including white gold, yellow gold, and rose gold.
Of course, as you probably already know, there are many gold items that are actually quite valuable in their current state. This is the case for jewelry that's in good condition or that can be easily and affordably repaired, as well as luxury watches (such as gold Rolex watches), rare coins, and so on. When you sell these types of items, we look at a lot more than just the melt value of your gold. Instead, we look at your items as a whole when valuing them...and we always make top offers!
What is the Spot Price of Gold Today?
Like other precious metals, gold does fluctuate in price from day to day. This fluctuation is based on supply and demand, as well as other factors. Obviously, the value of gold at the time you sell your items will have an impact on your offer. The good news is that gold has been holding at pretty high rates recently, so you should be able to get a great price for your gold items.
How Much Does Your Gold Weigh?
When selling gold for melt value, the weight of your gold obviously matters. We will carefully weigh your gold on accurate, calibrated and precise scales before making you an offer.
What is the Gold Content of Your Item?
Pure gold is also known as 24K gold. This means that the item is made from gold alone, without other alloys. Believe it or not, most jewelry is not actually made from pure gold. Pure gold is quite soft, so it's not the most practical option for jewelry, particularly if it's jewelry that is going to be worn frequently. Basically, 24K gold jewelry is much more prone to becoming misshapen or being scratched. Instead, for the most part, gold jewelry is generally made from 10K, 14K, or 18K gold. The higher the gold content, the more valuable the gold is. We'll check your jewelry or other gold item to find out its gold content before we make an offer.
The best way to get paid more for unwanted gold is to sell to the right pawn and jewelry store. If you're in Hampton Roads, there isn't even a question which gold buyer you should sell to...you can always get the highest price when you sell your gold bullion, gold coins, gold jewelry, scrap gold, and other items with gold content. Plus, you'll get to enjoy the best customer service when you work with your trusted local jeweler and gold buyer, and the whole process is so fast. If you have questions, just give us a call at 757-769-7254, and we'll do our best to help. You can also stop in any time that we are open...just let one of our friendly staff know that you are interested in selling your gold for quick cash, and they'll take it from there.
Ask Us About a Pawn Loan Instead
DON'T LOSE SOMETHING YOU LOVE
If you would prefer not to lose your items, you can always ask us about a Pawn Loan. The process is similar to selling an item, but instead of keeping it, we’ll just hold it as collateral. Then, you’ll be able to retrieve your item when you come in and pay off your loan. This is a good option for those who need money now but who don’t want to sell their items permanently. If you later decide that you do not want your item back, however, you can simply leave it with us and forget about paying back the loan. There are no negative repercussions for doing so, and you can always come back in later to make another sale or take out another loan with no problems.
Contact Us with Questions
Please don't hesitate to hit the call now button to ask any questions you might have. Our son Dane runs this store and our daughter Nina runs Greenbrier and oversees all three and will gladly spend some time explaining how everything works. Call and ask for her right now.