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In a constantly fluctuating economy, one thing you can count on is the value of jewelry. Gold and other jewels routinely yield high prices, and there are always buyers willing to pay for them. If you’re interested in selling some pieces from your collection, there are a few steps you can take to help maximize your profit.

Read the list below for tips on getting the most from your jewelry sale.

1. Know the Value of Your Piece

Before you agree to any sale, have your piece professionally appraised. Visit a reputable jeweler or appraiser to help determine its worth. This will help you estimate an asking price and what you can expect to earn from your sale.

2. Shop Around

Visit various pawn shops and jewelry stores before deciding where to sell your piece. Even if you end up choosing the first dealer, visiting several stores will allow you to compare prices and conclude where you can get the best value match. If you’re on the fence about a vendor, check for online reviews from previous clients.

3. Keep Pieces Separate

If you own gold with different karat weights or jewelry bearing stones, insist these pieces be weighed separately. They will typically yield a higher asking price when examined individually.

4. Bring Your I.D.

To help police cooperate with pending investigations regarding gold theft, a jewelry buyer must ask for a valid form of I.D. before purchasing your items. To avoid making several trips or missing out on a sale, have your I.D. on hand.

5. Have Realistic Expectations

Although an appraisal gives you an estimate of your piece’s value, understand you may receive a lesser offer based on your jewel’s condition and style. Regardless, set a target range and never settle for less than 70 to 80% of your profit.

If you’re interested in selling your jewelry in the Hinesville, GA, area, contact Gold & Silver Pawn. This pawn shop purchases old jewelry, offers cash loans, and features a range of electronics and furniture. To learn more, call (912) 876-6580 or visit them online.

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