In difficult economic times, people must be more resourceful than ever when it comes to finding extra ways to make money. If you have a jewelry box full of old gold jewelry, you may be able to sell that gold for cash. To find out more about how to earn cash from gold, check out the useful tips on this page.
Disclaimer
The content in this page is not a substitute for professional financial advice. Please contact your financial adviser before using the information presented here.
Host a Gold Buying Party
This video walks you through the process of hosting your own gold buying party. The video discusses the purpose of the party, the process of planning it and inviting people to attend, and the way the party itself works. Essentially, the WeBuyGoldShow comes to your home and offers great prices to the attendees, and pays you, the host, 10% of the amount paid out to those selling their items.
Introduction
- If you have old gold jewelry that is broken or even outdated, you may be able to earn some extra cash by selling it. You have a few different options if you are interested in selling that old jewelry for cash.
Step 1: Pawn Shops
- Many pawn shops will gladly take old jewelry off of your hands. One of the setbacks about selling to a pawn shop is that the pawn shop dealer is often a middle-man who will turn around and sell your jewelry for more money than was paid to you. In many cases you can cut out the middle-man and go straight to the source for a better deal.
Step 2: Local Jewelry Retailers
- If there is a local jewelry retailer near you, they may be interested in buying your used gold jewelry, especially if they craft their own jewelry. Call ahead and ask if they are interested in buying from you.
Step 3. At-Home Parties
- Check in your area to see if there is an at-home party plan that will come right to your house. You can invite your friends over and trade in your old jewelry for cash with the party consultant..
Step 4: Online Dealers
- In the last few years, online cash for gold dealers have become very popular. At your request, these companies send you a postage-paid, insured envelope so you can mail your broken and unwanted gold and silver jewelry. After weighing your contribution, they mail you a check for the worth of your jewelry. A list of online companies who provide this service include:
- Cash4Gold.com
- CashforGoldUSA.com
- hardgoldcash.com
- goldkit.com
- sellmygoldforcash.com
- It is a good idea to spend some time before you commit to one company researching their history. Check with the better business bureau to make sure they are a legitimate corporation and not a scam.
Conclusion
Selling your gold for cash is an easy way to make some extra money, while also cleaning out your jewelry box. Pawn shops and local jewelry retailers are one place to consider when you are ready to get rid of that gold. You may want to have an at-home party with your friends, or send for a gold kit from one of the many online companies that deals in old gold. Be sure to check for the legitimacy of the company before you send them your gold, so you don't lose money.
