How to Sell Gold and Silver Jewelry

When times get tough, the idea of selling that old gold or silver jewelry can seem tempting. There are many outlets where you can sell your jewelry; some offer a fast transaction when you need the cash, while others allow you to set the price and manage the sale yourself. Determine your reason for selling before you begin, then choose the best sales method based on your preference and the amount of time you have to devote to the sale's management.

Instructions

1

Call jewelry stores near you to see whether they buy gold and silver jewelry. If they do, make an appointment to stop by with your jewels. Let the salesperson examine them. MSN Money recommends selling to jewelry stores, since they typically pay higher prices than other outlets.

2

Take antique gold or silver jewelry to an antique dealer. A dealer may accept your pieces on commission or may buy them outright. If no antique dealer wants your pieces, sell them using another method.

3

Sell your unwanted jewelry at a pawn shop if you need quick cash. You'll get less from a pawn shop than you would from a jeweler, but this is the fastest way to get money for your jewels.

4

List gold or silver jewelry on eBay or other auction sites if you want to have full control over the sales process. Photograph your jewelry and upload images so customers can see the pieces. eBay allows you to set a minimum acceptable sales price, so you can withhold selling if offers are too low. Whether you have new pieces, antiques or sentimental jewels, auction sites allow you to handle the sales yourself.