Why do you want to sell? – It is a good idea to determine why you want to sell your gold jewelry for cash. Sometimes we need fast cash to pay for new things, pay bills, or have extra money for taxes. In this case, you want to get rid of jewelry that does not have much sentimental value. Items to sell would include single earrings and broken jewelry pieces. Some jewelry, such as heirlooms, probably should not be sold no matter how much you need cash. If a piece of jewelry is worth more than the metal it contains, its best to hold onto it or shop it around to antique dealers.

Get an Appraisal – When you figure out what you want to sell, it is good to get an appraisal from a third-party source. If you are only selling a few pieces then an appraisal might be overkill. If you have a handful of jewelry or more, then an appraisal from a 3rd-party source that is not looking to buy or sell jewelry can get you a lot more money. When you know how much your jewelry is actually worth in estimated resale and melt-down value, you are in a much better bargaining position. You will also know the accuracy of the karat markings on your jewelry.

Check the Gold Price Daily – Gold prices change constantly, since gold is exchanged on the open market. When selling gold, you will always earn more money when the price of gold is high. Over the past few months, the price of gold has hovered over $1,100 per ounce, which means gold prices have never been higher and now is a great time to sell gold. Remember that the actual price of gold per ounce does not equate to the amount of money you receive. The price of gold should only be used as a reference.

You can check gold prices live at BullionVault.com

Get more than one quote- The prices that companies will pay for your scrap gold and jewelry will vary widely. Pawn shops, online gold buyers, and jewelers will pay you different amounts for the same amount of jewelry, because it all depends on what these companies specialize in. For example, if you sell to a jewelry store you may receive more money, but it will be in the form of store credit.

Review the Buyer – While researching buyers for selling your gold, make sure you can trust the company to receive good customer service. Companies like Cash4Gold specialize in customer service, and have a very strong reputation. If you sell to a jewelry store, then look up their reviews online.

There are many knock off companies on the internet that will simply take your gold and disappear. If you go the online route, then make sure the company you are dealing with will stick around.

Your Gold is No Longer Usable

Sometimes bad things happen can happen to good jewelry. Earrings can bend beyond repair, or you may lose one making the pair useless. Necklace chains can become mangled and bent, and can be very expensive to repair. You might also have a watch that hasn’t told time in years. Whatever the case may be, sometimes jewelry ends up in a bad enough condition where it is worth it for you to sell.

You Gold Jewelry isn’t Fashionable, or Causes Heartbreak

There are two reasons why you might not want an item anymore (excluding damage). One reason is that the piece of jewelry was given to as a gift during a relationship, and now that relationship has gone south. If a piece of jewelry haunts you every time you open the jewelry box, then it might be time to sell.
Another reason is that your style may have changed. A piece of jewelry from the 1980’s may not be too fashionable to wear anymore, Or the piece of jewelry is simply out of style or doesn’t match the style of clothes you wear currently.

It is Technically Recycling

Mining for gold and silver is one of the worst practices for the environment. Gold and silver mines completely ravage the piece of land where they sit (often they are many, many square miles large). They leave large holes in the earth and require lots of polluting machinery to operate. The area often gets torn apart by the large vehicles carrying ore back to the processing plants. At refineries, chemicals are used to extract the gold from the ore, which are released back into the environment.

The piece of jewelry you thought was so pretty actually has a dirty history.

The amount of work it takes to get gold back into a usable form from old gold and jewelry is substantially less than what it takes to extract that same amount from the earth. By selling your gold to a gold buyer, they will melt it down to be resold to jewelry makers and other types of businesses that use gold.

It’s an Easy Way to Get Money Fast

Everyone can use a little cash these days. Unemployment rates are high and the recession is still lingering. Not to mention tax time just passed, and if you owe money then selling gold can help ease the finally burden.

If your budget is strapped for cash, now would be a good time to look through old jewelry boxes to see if you can sell anything that you simply do not want anymore.

Selling Gold is Easy

It takes no more than 2 minutes to request a gold sellers kit from a company like Cash4Gold. They mail you a gold kit that arrives within a day or two, and they process your order as soon as they receive it. It makes much more sense than driving around town to find a pawn shop or jewelry store.

You have the right to get the maximum amount of money when you sell your gold and jewelry. For some people, Cash4Gold is the best option because they buy jewelry and gold of any type. Broken necklaces, single earrings, dental gold, and the list goes on and on.

What if you have a piece of jewelry that you think is worth more than just the metal that makes it up? You use our scrap gold calculator and think you can get more money from a jewelry store for selling your jewelry.

But before you do, here’s what you need to know so you don’t get surprised!

You Can’t Trust Engraving

Skilled jewelers and special equipment can tell exactly what kind of metal makes up a piece of jewelry. Unfortunately what you think you have may not be what you have.

The engraving on jewelry denotes its karat, or gold purity level. Most countries have no laws requiring that engraving be accurate, and many do not require a 3rd party to verify jewelry’s gold content. It’s possible some jewelry is incorrectly stamped to misrepresent the quality for the seller to earn more money.

Scrap Gold Prices Do Not Reflect Retail Value

It’s easy to assume that when you sell to a gold buyer like Cash4Gold, you will get retail value for your jewelry and gold. Gold buyers only buy the intrinsic value of the metal that makes up the jewelry, not it’s quality or appeal.

Jewelry stores work on incredibly high margins, and can make up prices by 3-20x their actual worth. Even gold and jewelry bought on sale will still be far higher than the value of the metal. The situation is similar to buying a brand new car. As soon as you take it out of the store, the price of the car drops dramatically.

Jewelers Use Appraising as a Marketing Tool

If you take your gold and jewelry to a jeweler for appraisal, there is a good chance that the appraised value is for trade-in only. This means that they will not actually give you cash for it. They expect you to buy another item that is already marked up 3-20 times its actual value.

What is Cash4Gold?

Cash4Gold offers a service that lets you securely mail-in old, broken, and unwanted jewelry and gold pieces for money. The company started growing very quickly a few years ago when gold prices started reaching all-time highs.

How Cash4Gold Work?

Step 1: Request a Kit from Cash4Gold. This is a free service, and requires no personal information from you aside from your name and address.
Step 2: When the “Pak” arrives at your home, you insert and ship off the gold items you no longer need. The “Pak” is durable for holding your heavy items, so no need to worry about it getting damaged.
Step 3: Wait for payment. Cash4Gold will sort and process your scrap gold and jewelry to determine the value of your items. In less than a couple of days, you will receive payment by check. You also have the option of getting paid within 24 hours from the time they process your items if you attach a voided check for direct deposit.

Cash4Gold’s Commitment to Safety and Customer Satisfaction

Cash4Gold prides itself on safe and secure delivery of your gold items. Here are some facts directly from their website:

• Shipping Your Items Safely – The envelope send to your home for delivery is strong and durable. It is also generic so no one knows what the package contains. You are also able to track the Pak every step of the way online. Free insurance is provided for up to $100 via the post office, and you have the option of sending the package through any shipping company for more insurance.
• Arrival of Your Items – The shipments are picked up by a bonded armored truck and taken directly to the Cash4Gold facility. The post office provides a detailed report on the number of packs sent that is checked-in upon arrival
• Full Documentation – When your package arrives at the Cash4Gold facility, your items are photographed and compared to the itemized list that you provide. If you choose to have your items returned, then photographs are once again taken to verify that all your items are going into the return package.
• Secure Building – All people, including employees, are checked by armed guards and metal detectors prior to entering and leaving the building. Armed guards and high definition security cameras ensure that no jewelry leaves the building. The building is a complete “vault” – there are no windows and the walls are built like a vault.

Customer satisfaction is the number one priority at Cash4Gold. Very few competitors offer the 100% Satisfaction Guarantee that is offered by Cash4Gold.

If for any reason you feel that any of your items have not been fairly evaluated by Cash4Gold, simply return our check or call within twelve (12) days of the date on the check. Cash4Gold will promptly return your items. That I guarantee!

Jeff Aronson, CEO

You can use our Scrap Gold Calculator for estimates. Keep in mind, the 20% more Cash4Gold is offering is not implemented into our calculator.

So when a customer feels that they have been wronged, they take to the internet and post their story online for others to see. There are many gold and jewelry buying companies out there, but Cash4Gold is the only one that is consistently on the hunt for these complaints to resolve them. Most companies in the gold buying industry will ignore these complaints and do ‘business as usual,” but not Cash4Gold.

Straight from the Ripoff Report Website Investigation,

Cash4Gold customers can feel safe confident & secure when doing business Cash4Gold & Albar Precious Metal Refining – Commitment to total customer satisfaction, positive rating for its customer support.

Update: Cash4Gold pledges to resolve complaints. Commitment to Rip-off Report Corporate Advocacy Program.- Executives stated ‘We are only as strong as our weakest link running a company of this size & volume you must adapt to your customers needs’ Over $350,000 spent on new state of the art tracking systems

With so much volume being done at Cash4Gold processing centers (up to 30,000 packages processed per month), it was easy for individuals to get lost in the shuffle. But Cash4Gold has spent $350,000 on updating its gold pack tracking system, which is now unmatched by competitors. It will now only take a touch of a button for customer support to be able to find someone’s package.

Cash4Gold has Four Star Service

Last year, Cash4Gold hired an independent consulting firm to rate its customer service. The month long study resulted in a rating of 4 Stars for Cash4Gold.

Cash4Gold treats every package received like it is the most important one in the processing center. Whether that package has an old wedding band, broken watch, or even a gold painted rock sent in as a hoax, all packages are cataloged and examined by professionally trained jewelers.

A direct quote from Cash4Gold is “Even the gold painted rocks are treated as if they were real. If a Blog hoaxer has the time to send it in, Cash4Gold has the time to make an offer or send it back in the mail. That is Cash4Gold’s commitment to their process.”

If the customer is not fully satisfied with their payment, then Cash4Gold will return the contents of the package to the customer. Cash4Gold will hold onto your package for 10 days, so the customer has time to make a good decision. No other company will make this guarantee to customer satisfaction.

Cash4Gold pays out based on the quality of the gold and silver sent in, as well the current market prices for the metals. They then offer the customer a price that they think is fair. If you plan of selling to Cash4Gold, remember that you have a right to negotiate on what they are willing to pay you!

Beware of Imitators! Cash4Gold is your Best Bet when Selling Gold and Jewelry for Cash

Cash4Gold’s success has spawned a lot of imitators. There are now so many competitors in the scrap gold buying market that it is impossible to know who to trust. There are many fly by night operations popping up, and they will never be able to touch the level of commitment Cash4Gold has for its customers.

Cash4Gold is one of the industry’s most respected refiners and has consistently received an A Rating from the Better Business Bureau for seven straight years.

Sources: Cash4Gold: Four Star Rating for Cash4Gold’s Service

Cash4Gold president, Howard Mofshin, says that Cash4Gold.com is the largest buyer of gold online. The company buys from regular people all over the nation by sending out a Free Kit for those that want to make extra money by selling their old gold and silver jewelry, along with other precious metal items. Cash4Gold reviews thousands of these Free Kits a day. The packages are sorted, processed, and paid for. The process is simple. The company reviews the contents of the package and immediately sends a check to the consumer. The gold is then melted down in the company’s refinery. The customer always has the option of refusing the check and getting their package returned to them.

Mofshin states that the best way to get the highest pay-out for jewelry and other items made from precious metals is to shop it around. Some high value jewelry pieces with quality craftsmanship, or antiques, can probably earn a person more money at an antique store, road show, or jeweler. But for most pieces, like broken gold chains, single silver earrings, and whatever else you may have laying around, selling to a gold buyer is easiest way to receive the highest payout.

Consumers should not expect the $925 per ounce or so that is current price of gold. Most gold purchasers will pay 50-80% of the current gold “spot price,” depending on the amount being traded in. The rule of thumb is, the more you trade (by weight), the more you will be paid per ounce.

Cash4Gold.com is part of Albar Precious Metal Refining, Inc, one of the industry’s most respected refiners and has consistently received an A rating from the Better Business Bureau for seven years straight. It was opened in 2001, and is managed by a team of professionals with 60 years experience in the industry.

Read More about the Stacy Johnson Interview…

What is Cash4Gold.com? Cash4Gold allows consumers to turn their unwanted, broken and outdated precious metals into immediate cash without the involvement of a middleman. Cash 4 Gold is discreet, quick and provides consumers the highest payout available. Cash4Gold is actually a refiner. You request a Free “PAK” to be sent to your home. You put all of your old gold and unwanted jewelry in the PAK and send it off. They will weight the materials and send you a check based on market prices. The price they pay for gold is updated almost daily, so you will always get fair payment for your gold. You can track your PAK through their website, so you will know where your order stands at all times.

Cash4Gold.com guarantees no fees, and no hidden costs. They also claim that you will get 5% more cash than their largest competitor. Cash4Gold.com is listed as #129 on Inc 500 fastest growing companies in America, as well as Entrepreneur Magazine’s Hot 500.
Cash4Gold.com’s website states it will accept the following things: Chains, Jewelry, Class Rings, Earrings, Dental Gold, Old Rings, Gold Watches, Charms, Wire
Bracelets, Necklaces, Loose Stones, Gold Partials, Mountings, Tangled Gold Chains, Bent or Broken Jewelry, Jewelry with Removed Stones, Unmatched Gold Earrings – Gold Pins/Brooches, 10k, 14k, 16k, 18k, 22k, 24k Scrap Gold and More.

Overall, Cash4Gold is a great company for selling your old gold and jewelry. Their refiner’s Pak is free, so it’s no loss to you to request one.