Your jewelry box contains a trove of pieces that can fetch some quick cash in a pinch. If you’ve been thinking about selling some of your necklaces, rings, and watches to a pawn shop, there are some tips to keep in mind. Here are several do’s and dont’s of getting the most money for your items.
Research the price of similar pieces.
If you’re not sure how much that gold herringbone bracelet is worth, you might end up getting less than its value. Research prices of comparable pieces on online auction sites. You can also get the item appraised at a jewelry store so that you’ll have a better idea before going to a pawn shop.
Clean the jewelry to help increase its value.
A little cleaning can bring out luster and appeal. Dip a soft-bristle toothbrush in a dish of warm water mixed with a mild dish detergent. Carefully clean any dirt and debris on the jewelry. You can dry it with a soft cloth or let it air dry. If you’re unsure about what cleaning products to use on certain pieces, take them to a jewelry store. Some will clean the items for free or for a small fee.
Sell jewelry with broken pieces.
When you buy jewelry, you want intact pieces. Pawn shops are no different. Avoid bringing in items that have broken clasps, missing stones, or other signs of damage. If you or someone else attempts to make repairs, the jewelry should not reveal any soldering marks or mismatched finishes.
Expect to receive an offer higher than its worth.
When it’s time to negotiate, be reasonable with your expectations. Most pawn shops will not provide a price that’s higher than the jewelry’s current market value. It’s perfectly fine to haggle, but expect a price that may be lower than what the item is worth.
Selling jewelry at a pawn shop doesn’t have to be intimidating. By following a few tips, you can get a good deal. American Trading Company in Cincinnati, OH, is the area’s premier spot for buying and selling a wide range of items. Since 1982, the family-owned store has provided a professional and welcoming environment for everything from cash-for-gold purchases to rare coins to guns, pawns, and cash loans. Stop by today to check out the inventory and sell your gold jewelry. Call (513) 661-3633 if you have questions and visit the website for extensive information on common items that are bought and sold. For your convenience, there is another Cincinnati store at 3236 W. Galbraith Road that can be reached at (513) 385-6789.