Sell Gold Necklaces for Cash

Guest Post – Ty Whitworth

Not everyone is aware that gold prices rise when the stock market falls. The stock market has been like a roller coaster for the past few years and investors are looking for more stable investments. In tough economic times, precious metals tend to become the investment of choice. This is great news for those of you who have old gold necklaces and other jewelry cluttering up your jewelry box. Now is a great time to send these pieces off to a new life in exchange for some extra cash in your hands.

Why would you want to get rid of your gold necklaces? They might have broken links, a bent clasp, or maybe that chain just grabs your hair every time you wear it and you can’t take it anymore. Necklace styles change through the years, and many of the designs of the ’80s and ’90s look pretty dated right about now. Necklaces are also commonly given as romantic gifts, and if the relationship ends, that piece of jewelry might not be worth wearing any more — especially if the only thing it does is bring back unpleasant memories.

A Strong Market

Because the gold market is so strong right now, you should make an effort to get as much money as possible for your jewelry pieces. This is a time of opportunity to cash in on any old, broken, damaged or otherwise unwearable jewelry. It also means that many more gold buyers have come out of the woodwork and want to buy your gold from you. Use this to your advantage — get price quotes from several gold buyers, and let them compete to give you the most cash possible for your gold necklaces, bracelets, rings or earrings.

What’s Gold Going for These Days?

Before approaching any gold buyers, do a little price homework on the Internet. Some Internet gold buyers advertise the current prices they are paying, which makes it easier for you to get an idea of what to expect for your pieces. We offer to beat anyone else’s price, and would love to talk to you about your pieces and any other price offers you’ve received so we can top them!

Look for Karats.

Be aware of what you are selling. Check your necklaces to see if they are 24 karat (the purest form of gold), 18 karat, 14 karat or 10 karat gold. A higher karat brings more money because of the higher percentage of gold in relation to other alloys in the metal. The markings are usually imprinted on the small links attached to the clasp, or the clasp itself. Unscrupulous buyers will not go out of their way to educate you on the gold content or value of your pieces, so it helps if you know what you have before even speaking with a buyer.

Do a Test Run

Go into a gold buyer’s store and bring a few necklaces or other pieces of jewelry you are thinking of selling. A successful gold-buying business involves a great degree of trust and honesty between the buyer and the customer that’s hard to come by with just an envelope in the mail. If you are thinking of selling to an online buying site, put your mind at ease by stopping by one of our over 13 locations first. We’ll tell you how the gold buying process works and what we can offer you. We love talking to our customers, and our knowledgeable staff is ready to answer any of your questions with no obligation at all on your part.

Check Up

If you choose to sell your gold to a buyer through the mail, be very careful about which one you choose. The best buyers are those that have brick-and-mortar stores that you can walk into in addition to their mail-order buying business. They are companies with years of successful business history and thousands of happy clients. These companies do not have any complaints registered against them with the Better Business Bureau ( At the very least, better companies have a toll-free number and friendly staff that will give knowledgeable answers to all of your questions.

I Need Cash – Quick!

If you are looking to get cash quickly for your gold necklaces, the fastest way is to drop by one of our 13 locations in New Jersey. For those of you located in other states, bring your items to a jeweler that specializes in buying gold. You may need to decide whether you want to sell your pieces as jewelry or as scrap metal. Selling your pieces as jewelry could take much longer, and a jeweler may only agree to sell them on consignment. This means you won’t get paid until some point in the future when the piece finally sells to another customer.


This article was composed by Ty Whitworth for the team at the Diamond Site; they have valuable info on the Best way to sell a diamond. I’m certain that all art lovers will appreciate them.

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