What do gold buyers look for when buying jewelry?
Ever wonder what gold buyers look for when evaluating jewelry? 👀
It’s not just about whether something is old, broken, or wearable. The condition or overall appeal is the last thing we care about. Gold is still gold regardless of if its shining or scratched and dented. Only rare cases where the condition of the piece matters. For example, I you own a very limited rare piece of jewelry, say something that was made by Van Cleef and Arpels from the 1800’S the condition of it would have a determing factor in how much is offered.
Gold buyers typically look at:
✔ Gold purity (10k, 14k, 18k, etc.) The higher the purity, the more its worth per weight
✔ Weight Metals are weighed in grams and pennyweights, (dwt)
✔ Current market prices This is what 24k is trading for. The cash price we quote you starts at this and then the purity and the weight start to get factored in.
✔ Diamonds & gemstones Undamaged natural diamonds that are mid-range in quality can get you more cash than big, high quality diamonds. This is because its easier for us to resell you diamond that is mid quality that it is to sell a very expensive diamond. More customers are looking for what they can afford!
✔ Watches & luxury brands Luxury brands are good but really good if they have the original box and papers, same goes with watches.
✔ Sterling silver content Silver we just look for weight!
569 Interstate Blvd. Sarasota Florida 34240
941-928-1520
