We all collect things we don’t need, and jewelry is no exception. Whether you’ve been amassing trinkets from family members or want to unburden your drawers and boxes, selling jewelry is a great way to earn extra cash.

What to Expect

When you sell your jewelry, looking at your valuables like you’re selling a used car is good. You might have sentimental feelings for your great-grandmother’s ring, but what do you have in front of you? How much money you get depends on the quality of the diamond/stone and the item’s weight (a heavier item means more gold/silver you’re selling).

If you have an insurance appraisal, that amount will always be higher than the price you receive. The insurance appraisal is higher than the amount you’ll be paid because the original number includes how much it would cost to replace your item at retail price. When you resell an item, the price reflects a small amount of overhead. Selling directly to a buyer is better to minimize this overhead.

Sell Directly to a Buyer

When you sell your jewelry, it’s always better to sell directly to an educated buyer rather than going through a middleman. When you sell directly to a buyer, you don’t need to pay a middleman to appraise your jewelry, which translates to more cash in your hand.

Having an experienced professional, such as a Gemological Institute of America (GIA) gemologist, evaluating your valuables is the best way to represent your items’ worth accurately. Because these specialists have a professional stake in accurately assessing your jewelry, you know they’ll pay you the best they can.

Precious Metals Refinery (PMR) is open by appointment six days a week. Our professionally trained staff is here to guide you through every step of the selling process. If you want to sell gold, schedule your appointment and collect your cash today!