Things to Know Before Selling Your Gold

Before every big decision you do your research. Check real estate websites and consult with realtors before deciding to sell your house. Look for the best offers at dealerships before accepting an offer to buy your car.

At Hawaii Estate & Jewelry Buyers our top priority is making sure that our customers are comfortable and knowledgeable every step of the way when they decide to sell their gold. We take the time to walk first-time sellers step-by-step through the appraisal process.

While most “cash for gold” shops in Hawaii will determine the value of your jewelry by its’ weight and purity – from 14 karat to platinum – and pay you a percentage of the total value this is not how we operate. If you’re looking to sell your jewelry, here are a few things to keep in mind:

 

More Than “Scrap Value”

Many items are worth more than just their gold or “scrap” value. Diamond rings, jade, and signature pieces – such as Tiffany’s, Cartier, etc. – may be worth up to 15 times more than the gold alone. Rather than selling these types of jewelry to a “cash for gold” facility, it is best to work with a reputable gemologist with estate experience – especially if you are unsure if your items are signed or authentic pieces – to make sure you are being paid top dollar for your items.
Know the Full Value
Oftentimes sellers do not know the full value of the items they have. And most buyers will tell customers their jewelry is worth a percentage of its’ actual value. When comparing the amount being offered from various shops, remember to ask a buyer for the total value of each item you are selling. Reputable buyers will always disclose this information. Remember YOU are in control of your appraisal experience.

 

Do Research Online

We tell our customers the same thing we tell our friends and family — never sell anything just for its’ gold value. If you would like to know the suggested price of your signature watch – Rolex, Bulova, etc. – do a quick search on websites such as eBay and Amazon to see what people are willing to pay for a comparable piece. You can also use search engines such as Google or Bing using suggested search terms such as: “men’s gold Rolex price” or “women’s Tiffany’s watch price.”
Deciding to Sell
Take your time making the decision to sell. There is no obligation to immediately make a deal with any buyer after receiving an estimate. You always have the option of returning at a later time should you make the decision to go forward with a sale.
 
If you ever have any questions or need additional information, our trained technicians at Hawaii Estate & Jewelry Buyers are always available. We understand that this is can be a new and complex process with many different factors to take into consideration.
 

Please feel free to contact us today for more information on how we can help you sell your gold and precious metals!