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Selling old jewellery/gold

littleredhen
Posts: 3,292 Forumite


any recommendations - is it best to try one of the postal sites or go to a shop in my local town
The mind is like a parachute. It doesn’t work unless it’s open.:o
A winner listens, a loser just waits until it is their turn to talk:)
A winner listens, a loser just waits until it is their turn to talk:)
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if the local shop will give you a price free of charge and without any obligation why not do that and then send it off to one of the postal sites that will also give you a value without any obligation and return for free. Then you can pick the best price.
chances are though is that they will both do pretty much the same - weigh the bits and give you a price based on the current price for gold or silver without any consideration of what the piece actually is.
I took a box full of my mom's into a shop local to her (not in the UK) and they were very nice about giving general values to pieces including telling me to not bother even trying to ebay a lot of it as it was (in their eyes) merely costume even if it did contain some precious metals. They did set aside a very few pieces which they said they might buy but only if I was willing to say up front that I would sell to them. For those they gave a ball park figure which was very helpful. I think it helped that I had been in there before, they knew my mom and that they were having a very very quiet day so had nothing better to do.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe and Old Style Money Saving boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇1 -
I sold two lots of broken gold jewellery to Hatton Garden Metals. It was all very easy and I was more than happy with the £520 I received. ( And 'No', I'm not affiliated to them in any way - just a genuinely happy customer)!#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3662
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JGB1955 said:I sold two lots of broken gold jewellery to Hatton Garden Metals. It was all very easy and I was more than happy with the £520 I received. ( And 'No', I'm not affiliated to them in any way - just a genuinely happy customer)!1
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kalsha said:JGB1955 said:I sold two lots of broken gold jewellery to Hatton Garden Metals. It was all very easy and I was more than happy with the £520 I received. ( And 'No', I'm not affiliated to them in any way - just a genuinely happy customer)!#2 Saving for Christmas 2024 - £1 a day challenge. £325 of £3663
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If you go into a pawn shop, be aware of the price of gold - you can easily find this out by Googling.
For example, Hatton Garden buy 9 carat gold at £16.38 per gram.
Sell your gold and gold coins for the best prices - 9ct, 18ct, 24ct (hattongardenmetals.com)
I took a necklace in to 3 different pawn shops - I had weighed it on my jewellery scales - and the first offered me £300, the second £400 and I eventually sold it for over £500.
There is a gold buyer fairly local to me, she is currently offering to pay £17.63 per gram of 9 carat gold so you can see there is quite a difference.1 -
Came across my old wedding ring the other day. 18ct white gold so I guess I'll be making a trip to get that sold.1
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thanks everyone - unfortunately although I no longer want the jewellery - it is my eternity ring, wedding ring, a necklace all bought by my ex (not a good break up!) something is holding me back from selling it but it is sitting in a drawerThe mind is like a parachute. It doesn’t work unless it’s open.:o
A winner listens, a loser just waits until it is their turn to talk:)0
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