Cash for Jewelry — What You Need to Know

Cash for Jewelry — What You Need to Know

posted in: Buy and Sell Gold | 0
14K y-gold ring with a 4.5mm Diamond
14K y-gold ring with a 4.5mm Diamond — Diamond is the April birthstone

Selling gold jewelry or any other type of jewelry can be stressful if you have never done it before. There are several places to choose from in Humboldt County and it can be hard to tell which jewelry stores, Eureka or otherwise, will pressure you to sell and which will make it a more pleasant experience.

When you are looking to get cash for jewelry, you should go some place you feel comfortable and that has a reputation for treating its customers well. Eureka pawn shops are few and far between, and Eureka Trading Company strives to offer the best customer service to those looking to buy as well as for those looking to sell gold jewelry.

We are always looking for new gold and diamond jewelry, including necklaces, bracelets, watches and more. We will weigh each type of gold separately (as different types and karats have different values) so we can make you a fair offer for the pieces.

When looking to get cash for jewelry in Eureka, CA or anywhere else, there are a few things you should keep in mind:

  • Do not feel obligated to take an offer if you are unsatisfied.
  • Do not let a salesman pressure you into selling at a price you feel is unfair.
  • Check the day’s price of gold before you get a quote.
  • Be wary of cash for gold scams that encourage you to send your gold jewelry through the mail. While some companies are legitimate, others are not. And if you don’t like their offer, it can be hard to get your jewelry back.

Aside from selling gold jewelry for cash, jewelry and other items can also be used as collateral for a pawn loan. As a highly regulated industry, all pawn loans must adhere to strict guidelines from the state and federal level. Each contract is good for a four-month period, and all fees charged are regulated by the state. More than 85 percent of items that are pawned are redeemed by the borrower, and your items are kept in back during the contract period, so you will always get your item back when the loan is repaid.

Whatever you decide to do, make sure you are comfortable with the decision. Selling gold jewelry can be stressful, but when you aren’t wearing the jewelry much or need a little extra cash, it makes sense to sell or use it as collateral for a pawn loan.

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