Coin and Jewelry Exchange Eastern Numismatics Inc.
642 Franklin Ave, Garden City, NY 11530(516) 746-6460
Tips For Finding The Best Gold Buyers
If you have a lot of gold jewelry laying around your house, not doing you much good, you may want to sell it. There's nothing wrong with this. Some people will suggest that you should hold on to your gold jewelry because "it'll be worth money." Except the simple truth is that it's worth money right now, and you're in need of money, so there's no reason not to sell it.
But then comes the problem. You need to find a good gold buyer. How do you go about finding the best gold buyers? Is it as simple as heading to the local pawn shop and calling it a day? Or should you perhaps go to one of those cash for gold stores? The simple truth is that there's a number of different places that will buy your gold, and they all have their pros and cons.
Pawn shops are the general go-to for selling gold. They're great because they're easy to find, and they'll usually buy your jewelry right there on the spot. However, they'll usually give you a rather low price, compared to how much the gold is worth. They are in the business of selling items, after all.
The other option is a cash for gold store. They're more interested in the material, not the jewelry. This means their price will be closer to the market standard for the weight of gold, rather than the standard for the piece of jewelry.
Either way, finding the best gold buyers is a matter of looking around and seeing what you can find. Don't take the first price offered to you. Make sure you shop around and see what you can get for what you have. After all, they're going to try to get the best price out of you, so you should try to get the best price out of them.