As you go through various shops or online stores, you will find the information available to be very overwhelming. In this article, we will discuss how to sell broken or damaged gold jewelry. Therefore, let’s look into some of the factors that can help you sell your broken gold.
Some of the tips to Sell Broken or Damaged Gold Jewelry
When you are looking to sell gold it is always best to look for a 5 star rated jewelry store. Along with that it is best to consider these tips to sell broken or damaged gold jewelry. They are as follows:
1. Don’t sell on a sudden impulse
There is no need to completely sell off your valuable gold jewelry once you see the prices rising. Before you are thinking of selling the gold, it is always best to evaluate the value of the metal. Moreover, you have to see if the gold is of any emotional value and does not outweigh the money.
2. Know what you have
You will have to know how much purity your gold holds. There is no jewelry that is 24 karat gold. The price provided by us is completely dependent on the purity of the gold.
3. Get an Appraisal
Before selling your gold, you can get an appraisal in order to know its wholesale value. This will give you an idea of the price you can get for your gold. Then, you can see the offers to sell your gold.
4. You can shop around
You can simultaneously visit different ships to check the price of gold offered. Each shop will offer you different prices. But we guarantee you that at Hema Jewellers, you will get the best price, which is close to the market price for gold.
5. Be Realistic
Set realistic goals for selling your gold. Selling them won’t make you rich. Keep one thing in mind, if you want money for your gold, there is no one way. Both you and the jewelers have to give some amount of profit to the Eve exchange.
Pros and Cons of Selling Gold to a Buyer
The pros of selling gold to a buyer are that they will be looking to actually buy the gold from you rather than to get the actual profits. Since the buyer will not be looking for profits, there is a possibility that you will get a price that is close to its appraisal value.
The cons of selling gold to a buyer are that the appraisal value you might expect will not be approved by some of the buyers. Therefore, you will have to go through some low offers to actually get the buyers who have researched and learned about the gold’s value.
Pros and Cons of Selling Gold to an Online Store
The cons of shopping at an online store are that you can get paid less, as they offer prices for items that are wearable and not the ones that are broken.
Pros and Cons of Selling Gold to a Jeweler
If you are looking to sell your jewelry as a replacement for a new one, then this option is not for you. We do not offer any credit as compared to pawn brokers for older jewelry parts. It is also best to call a jeweler to cross-check the policies before you take your jewelry to sell.
Pros and Cons of Selling Gold to a Pawn Shop
However, the cost of the jewelry can be reduced based on time and energy they use to sell your jewelry to a new buyer.
Conclusion
In Conclusion, you can follow the above points before you sell your jewelry. We would say that the best option is to go to a jeweler in order to get the price for your gold. You can call us at +91 8448448741 or fillout the form so that we can let you know the time to visit our shop.