Scrap Gold Question?!?

I have some old broken 14K jewelry I am want to sell for scrap. I see there is a jeweler in my town that buys gold (he’s a jeweler, not a pawn broker). Anyway, has anyone ever done this before? I was curious as to the going rate for 14K was so I don’t get completely ripped off. I have a couple of bracelets that are pretty substantial.

2 Comments

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  steve October 9, 2009 at 5:23 pm

  I wouldn’t sell it to a pawn or jeweler. They will clean you out and give you little in return. Your best bet to get true spot price for gold is on ebay. 14k is uaully just above 50% of the total weight. Get a postal scale, weigh it, determine about how much you want from there and put it on ebay. The main thing is find out exactly how much gold you have in that jewelry to get an idea how much it’s worth at scrap if you choose to go the jeweler or pawn route and don’t let them intimidate you with salesman jargon into selling it for much lower than it’s worth. Good luck
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  Wordpress Autoblogging Software October 9, 2009 at 6:39 pm

  sell it for over 1,200