Sell Gold Jewelry Online
Selling gold jewelry? Fortunately, you found reDollar – the best place to sell gold jewelry online for really high prices. We are a trendy Fintech startup company revolutionizing the gold-buying industry, and we have millions of dollars ready for payout.
The gold-buying industry has a bad reputation, and it’s true that most buyers offer low purchase prices. reDollar was founded to fight back against those buyers by giving people a more reliable option: the first gold-buying company that acts like a bank.
Other interesting articles
Sell your gold jewelry for the highest prices with a high-tech company employing real experts and working from a modern gold laboratory.
What we pay today for gold jewelry
|24K gold||Sell for $55.73 per gram||Sell for $86.39 per dwt|
|22K gold||Sell for $48.41 per gram||Sell for $75.04 per dwt|
|18K gold||Sell for $39.64 per gram||Sell for $61.44 per dwt|
|14K gold||Sell for $30.92 per gram||Sell for $47.92 per dwt|
|10K gold||Sell for $21.99 per gram||Sell for $34.08 per dwt|
And we pay even more!
We pay even more for diamond jewelry, gemstone jewelry, designer jewelry, rare jewelry, fine jewelry, or antique jewelry.
Sell Gold Jewelry – Fine – Luxury – Rare – Antique
reDollar.com has the ability to process the finest gold jewelry worth thousands or even tens of thousands of dollars. Our company is absolutely not your local gold-buying company –we’re one of the few places where real experts evaluate your pieces using high-tech laboratory equipment worth a fortune.
Sell Gold Jewelry – Scrap – Melted – Damaged
reDollar.com runs a scrap gold and precious metal department led by Alan Jensen, our manager for gold, silver, platinum, and palladium. We don’t just buy your scrap metals for the highest possible price; we also melt and cast any precious metals. We serve individuals selling a single piece, like a ring or a coin, as well as commercial clients selling large amounts of scrap gold. No matter what they’re selling, all our customers can expect to get paid the highest possible purchase prices.
Getting ready to sell gold jewelry
The American people own a ton of gold jewelry ranging from scrap gold to the finest jewelry pieces you can imagine. There is a huge demand for both low-quality gold like 10K gold and high-alloyed gold jewelry made of 18K gold or 21.6K gold, and even for fine gold jewelry. Browsing Christie’s or Sotheby’s auction inventories gives you an idea of how crazy huge the resale market for pre-owned gold jewelry is. And people form all social classes sell gold jewelry. While your average American has everyday gold jewelry to sell, wealthier households might have rarer pieces from luxury brands. Both groups have a shared desire to find a reliable gold-buying partner.
reDollar.com explains to you where all the gold on the resale market came from, how and why people make the decision to sell gold jewelry, and how the trust in a buyer and in a jewelry brand was built.
Sources of American Gold & Consumer Behavior
A bit more than half (51.5%) of all gold in circulation comes from personal acquisitions. These days, buying and selling possibilities are available anytime and anywhere thanks to the internet. Twenty years ago, a prospective buyer had to go to town at a certain time to buy gold jewelry, whereas now a buyer is just one click away from making a purchase. The buying and selling behavior of the American people changed thanks to the new possibilities offered by the internet. More people are selling gold now than 20 years ago, and we believe it’s not just because of the appealing gold price. Now, people also have the option to sell jewelry online – anonymously, day and night – and the ability to find out if an item can be sold for a decent amount of money. Where does all the gold come from?
American people are inheriting assets like never before. Our forefathers benefited from a rising economy over centuries, building a tremendous amount of wealth subject to get inherited every day.
23.2% of all gold in circulation comes from inheritances. Gold was more affordable 20, 30, or 40 years ago than it is today, even considering inflation. Gold from inheritances reflects the biggest group of pre-owned precious metals on resale.
Giving brings joy. Americans are generous, and in times of a pulsing economy, bucks get spent easily.
25.3% of gold in circulation comes from gifts. Gifts are an important source for the resale market because breakups constantly feed the industry for pre-owned jewelry.
American consumers are well-known for their generous spending ethics. In times of credit cards ands loans, shopping is an attractive leisure activity. Besides electronics and fashion, gold jewelry is a favorite of American shoppers.
More than 50% of gold and jewelry in circulation has its source in various acquisitions. Besides jewelry bought from local retailers, online purchases and online auctions are the most important part of America’s gold source.
How important is the jewelry brand?
The brand of gold jewelry is an important factor in both selling decisions and buying decisions. While jewelry buyers specifically buy jewelry from a desired brand, sellers tend to sell because they hope to achieve a good price for designer jewelry with a well-known name.
For jewelry-buying decisions, surprisingly, local jewelry chains can be more persuasive than the name of a well-known designer brand. Big jeweler chains have created brands as well, but their prominence is often limited to local markets and regions. Nevertheless, they can compete with very popular jewelry brands like Cartier, Tiffany, or Harry Winston.
If people are planning to sell gold jewelry, the brand is a value-booster – without question. Unbranded jewelry, however, often sells “only” for the material value if no gemstones or diamonds are mounted. You have to pay more for designer jewelry to get more out if you sell it again. You can pay less for unbranded jewelry, but you also make less when you sell it on the pre-owned market.
Are the American people familiar with jewelry brands?
Yes, they are. According to market research, 74% know Cartier and 60% know Tiffany. But there is a difference between the countryside and the city when it comes to jewelry knowledge. Those who live in cities usually know more about what’s sought after and trendy than people from more rural areas.
|Brand||Brand Awareness||Brand||Brand Sympathy|
People’s willingness to buy a piece of jewelry was also examined. Surprisingly, only 34% of those interviewed said they’d be willing to buy Cartier jewelry, while only 26% would decide to buy a Tiffany piece. Nevertheless, the good news for sellers is that jewelry made by Pandora, Cartier, Chanel, Tiffany, or Bvlgari is selling much faster and for better prices than other pieces. Everyone with plans to sell jewelry made by one of those brands could expect a fast transaction if the price were market-conform.
Willingness to buy designer jewelry
|Ranking||Brand||Willingness in %|
Our jewelry experts are familiar with almost all jewelry designers from all over the world. They can process very old brands like Cartier (since 1847) or Tiffany (since 1837) as well as contemporary gold jewelry. Our experts are constantly learning new things about jewelry and gathering literature for comparison. Our office contains a library with tons of books in various languages so we can do most of our research in-house. If you sell your gold jewelry with reDollar, you can count on our thorough research and a detailed evaluation.
Gold Jewelry and its Compound
Confused about the gold stamps in your gold jewelry? The gold stamp literally reveals the value of your jewelry. We can learn a lot from a gold stamp. Besides the purity, it can reveal the age of a piece, the craftsman, the designer, the occasion for which it was likely created, the country of origin, the original owner, and even some historic information.
Here, we want to talk about the purity/compound of jewelry, which is very important in selling your gold jewelry. Understanding the meaning of gold markings is the first step in finding out how much a piece is worth.
Natural gold, mined from Alaska’s riverbeds and other natural gold deposits, is usually “natural gold alloys” compounded of gold with a little silver stake. Depending on the portion of silver, natural gold will undoubtedly have a nice gold color but is often described as pale-looking and is not used for jewelry production these days. Adding silver, nickel, copper, platinum, palladium, or zinc can create nicer colors, making the jewelry more appealing to prospective buyers.
Believe it or not, goldsmiths in the Middle Ages compounded gold jewelry, alloying the gold with silver and copper to achieve a nice product and to be more economical in their usage of the limited metal available.
Your jewelry was also not made of gold alone. All over the world, goldsmiths are using silver, copper, and other metals to create a special color and to achieve a better hardness. Pure gold is very soft and not commonly used for jewelry. Fine gold jewelry exists but is rare to find.
In the United States, 18K gold, 14K gold, and 10K gold are very common, and if you’re selling gold jewelry, it’s beneficial to know the values of those alloys. Knowing the weight of your jewelry is also a plus, as that allows you to do the math to find out how much it’s worth. Multiply your jewelry’s weight with the price published in this table and voilà—that’s how much your piece is worth. Don’t sell it for any less, because reliable gold buyers like reDollar.com are willing to pay you a great price for your gold.
|Marking||Purity||Material Value (g)||Selling Value (g)||Selling Value (dwt)|
|18K||.750 equals 75% pure gold||$43.60||Sell for $39.64||Sell for $61.64|
|14K||.585 equals 58.5% pure gold||$34.01||Sell for $30.92||Sell for $48.08|
|10K||.416 equals 41.6% pure gold||$24.19||Sell for $21.99||Sell for $48.08|
Yellow gold jewelry is usually made of gold, silver and copper
18K gold jewelry is usually made of 75% pure gold, 12.5% pure silver, and 12.5% copper.
What it was made of
The displayed gold chain (17.58 grams) was made of silver, copper, and gold. This photo shows the exact portion of the metals used to produce this chain.
|pure gold||pure silver||copper|
|13.18 grams||2.19 grams||2.19 grams|
Serious Plans to Sell Gold Jewelry for Cash? A Beginner’s Guide!
There are two key questions that first-time sellers are most concerned about: “What can I sell?” and “How much can I expect to get paid?” These are often the first questions that come up as soon as you decide to sell your gold jewelry. We’ve created a summary of assets that you can usually sell with a reliable buyer and a brief guideline of the prices you can expect to get offered.
What can I sell?
|Scrap Gold Jewelry||You can sell any type of scrap gold jewelry. Scrap gold is usually described as broken jewelry, mismatched jewelry, or jewelry that’s out of fashion. Scrap gold is easy to identify and associated with the risk of being sold for too little money because of its appearance. Thus, scrap gold jewelry is often subject to prospective buyers lowballing the asking price. And there is another risk: hidden values are often overlooked and ignored because people don’t expect scrap gold jewelry to be special or rare.
Our expert Alan Jensen had the experience of finding overlooked treasures hidden in scrap gold delivered from an Arizona-based seller, who had sent a bunch of scrap gold evaluated by a local jeweler. Alan found a very rare British gold coin from the 16th century mounted in a gold pendant. Even considering the damage of the mounting, the gold coin was worth almost as much as the rest of the whole scrap gold lot.
Make sure you find a reliable selling partner who is willing to check even your scrap gold for hidden treasures. This process can be time-consuming, which is why many buyers try to avoid going through your lot in detail.
|Fine Jewelry||When it comes to fine-gold jewelry, people usually imagine “the finest jewelry” as pieces with gemstones, coral, ivory, jadeite, pearls, and other extremely valuable materials. But fine-gold jewelry is more common than you probably expect.
Fine jewelry from all over the country is flooding auction houses and gold-buying companies. But there’s a potential risk for uninformed sellers. If you negotiate a bad deal with auctioneers, you end up paying 35% in selling fees. And you can lose even more money if you sell to the wrong people paying you only a fraction of what your jewelry is worth.
|Designer Jewelry||Designer jewelry usually has a high price tag, but fortunately, it also has a higher resale value. With a buyer like reDollar, you’re able to sell any designer gold jewelry for a high price. From Cartier or Tiffany to Pandora or Forevermark, selling designer jewelry is fun and very beneficial to your bank account.|
|Gemstone and Diamond Gold Jewelry||The term “gemstones” describes the most beautiful and precious stones whose color or sparkle attracts our eyes. To be described as a gemstone for jewelry usage, a stone typically needs to be hard enough to be worn or even cut or polished. Gemstones are often associated with wealth and rarity, which makes them even more desirable.
Retailers and designers love playing on mercantile interests of gemstones to create hype about the stones they like to sell. There’s no question that gemstones are valuable. But usually you get less real value out of the stones mounted in designer jewelry than those mounted in unbranded jewelry because you pay more for the brand than for the materials used for crafting. Nevertheless, there is a lot of value in designer gold jewelry, and it’s sure to be sold for a good amount of money.
|Pearl Gold Jewelry||Pearls are the ocean’s jewels, and even though their popularity has peaked, pearl jewelry is still great for selling. Especially rare pearls are still sought after by buyers. If you are a lucky owner of pearl gold jewelry and are thinking about selling, a reliable selling source is very important, because the evaluation is somewhat tricky.
Pearl farmers, traders, and appraisers all agree that the luster is the most important factor in a pearl’s value. If the luster and refraction of light are really good, that may be proof that the pearl’s skin consists of clean aragonite. The thickness of the mother-of-pearl’s layer is critical for its durability. Ship and store your pearl gold jewelry carefully to protect it from damage.
|Antique Gold Jewelry||We recognize antique jewelry as any jewelry that’s at least 70 to 100 years old. This includes vintage gemstone and cameo jewelry, Biedermeier or Bauhaus jewelry, and even really old jewelry. Other types often identified as antique jewelry are turquoise jewelry, glass jewelry, cut steel jewelry, iron jewelry, mourning jewelry, souvenir jewelry, and many more.
Jewelry from epochs/eras we define as antique jewelry: historicism jewelry, neo-Renaissance jewelry, neoclassicism jewelry, Celtic jewelry, and Art Deco jewelry.
Typically used for antique jewelry: jet, coral, tortoiseshell, garnet, glass, clear quartz, peridot, pearls, demantoid, amethyst, diamonds, amber, amber imitations (Bakelite), aquamarine, synthetic spinel, zircon, lapis lazuli, citrine, opal, onyx, agate, etc.
Antique jewelry is far more than just a piece of jewelry. It’s a silent witness of the past that can tell us a lot about the time when it was crafted. How was the economy going? Which purity was used, and was the gold alloy used related with the economy’s strength? What kind of decorative accessories were modern and popular at the time? Understanding antique jewelry requires its owner or the evaluating experts to understand the period of time when it was created.
|Amber Gold Jewelry||Amber is experiencing a new demand from buyers, and very nice amber gold jewelry can sell for an attractive amount of money. Amber gold rings, amber gold pendants, amber earrings, and even amber bangles are in high demand and are worth selling. The very interesting thing about amber is that it was formed by Mother Nature in the Tertiary epoch (28 million to 54 million years ago).|
How much can I get paid?
|Sell designer gold jewelry like this Cartier gold ring for up to $541.70|
|Sell gold jewelry like this 24.5 gram heavy 14K white gold bracelet for $757.51|
|A mixture of 14K gold jewelry weighing 42.27 grams sells for $1306.94|
|This 18K white gold bangle weighs 56.22 grams and sells for $2228.54|
How much can I get paid?
|This lot of 22K gold jewelry weighs 37.12 grams and sells for $1797.10|
|This very large blue 2.80 ct. sapphire ring with diamonds and rubies sells for up to $4,500.|
|This nice Cartier ring sells for up to $5,000 with us.|
|This vintage Van Cleef & Arpels Alhambra bracelet with onyx motifs sells for up to $7,500.|
ANTIQUE – MODERN – GEMSTONE
Antique, modern, or diamond jewelry can be worth a small fortune. Identifying gold jewelry as what it is is very important. reDollar is your go-to value identifier.
If you decide to sell your jewelry, selling with reDollar is easy. Just wrap whatever you’d like to sell using our provided shipping accessories.
MONEY – MONEY – MONEY
When it comes to selling gold jewelry, sellers want to get the most money they can out of the transaction. We compared local gold buyers, and reDollar beat them all.
It’s not necessary to even sort your gold jewelry before you send it to us. You can send rings, chains, necklaces, and even a whole inherited mess of gold together. We’ll sort through it carefully and determine the value of every individual piece so that you get the payment you deserve. Let the pros do this job for you.
Sell Gold Jewelry Online
Already have plans to sell gold jewelry? Great! reDollar.com is one of the best places to sell gold jewelry online. We offer you a very straightforward, convenient, and safe way to sell your items with us. Our experienced team of appraisers is here to serve you and ensure you’re offered the highest purchase prices for your items. You’ll also be treated with patience and respect throughout the entire process. We love gold jewelry and appreciate your decision to sell your gold jewelry with us. Furthermore, one of the most important benefits of working with us is our ability to deal with all kinds of gold jewelry. We are able and willing to calculate outstanding prices for estate gold jewelry, rare gold jewelry, antique gold jewelry, designer gold jewelry, and scrap gold jewelry. You just have to go through 3 simple steps to sell with us. Get started NOW to initiate the selling process and get paid in less than 48 hours. You won’t find a better way to sell gold jewelry in the US than selling online with reDollar.
Tons of tucked-away gold jewelry is ready to sell
Jewelry experts estimated that an average household in the US owns at least eight pieces of gold jewelry. Currently, there are about 123 million households in the US, which means that as we speak, there are almost a billion pieces of gold jewelry in circulation. Furthermore, consider the fact that marriages alone bring 2.5 million wedding rings and 2.5 million engagement rings on the market every year. And every day, tens of thousands of people get married, get divorced, die, or inherit jewelry. The gold jewelry market is incredibly huge! We estimate that about one million people plan to sell gold jewelry every month, with the amount being around 24 tons of gold. And do you know what’s really sad? The majority of those people don’t get paid properly! They may end up at a local jewelry buyer offering far too little money. We see it as our mission to inform customers about the risks of selling gold jewelry for low or unfair prices, and due to our company philosophy, we offer the highest payout amounts. One of our experts for gold jewelry, Maria Tait, says: “We offer all customers a free consultation with our experts. Very often, that’s very helpful for future sellers because it’s a casual chat about the jewelry they own. We advise you with all our knowledge and experience, and we always stay objective.”
Questions, Maria Tait answered
Why do many buyers offer little money for gold jewelry?
Fraudulent purchase offers or far-too-low quotes are unfortunately very common. Some buyers try to hook ignorant consumers with advertising lures like “NOBODY PAYS MORE” or “WE GUARANTEE THE BEST PRICE” or “GET AN IPOD IF YOU SELL TODAY.” If you don’t have any experience with gold jewelry, you might be tempted to believe these promises. But the reality of proper prices is truly different. We’ve heard about people selling diamond gold jewelry for the material value to dubious buyers. There are only two ways to avoid getting ripped off: gain knowledge and learn to calculate the value of gold jewelry on your own, or find a reliable buyer who is willing to pay you really high prices.
reDollar.com combines both ways of selling. First, we offer top-dollar prices to everyone—even to customers who know little about their items and their value—and second, we offer transparent prices. You’ll find a gold calculator, a diamond calculator, and various price lists of designer jewelry and antique gold jewelry we’ve bought. But transparency is just one factor that you should consider when planning to sell gold jewelry. Having experience, practice, and the ability to deal with all types of gold jewelry are equally important for a prospective buyer. You may know that we also buy gold jewelry from dealers. One time, a dealer offered us a couple of gold rings, one of which had a large mounted stone. The dealer thought it was zirconia and therefore assumed the stone was basically worthless. But he thought wrong. With just a quick look, one of our experts determined that the alleged zirconia was in fact a diamond – a huge diamond of almost 3 carats. This dealer bought the precious stone as a zirconia, and the original seller got paid no more than $200 or $300 for a ring worth tens of thousands of dollars. That’s obviously one of the worst experience examples we can share with you, but it just shows how important it is to work with a knowledgeable and trustworthy buyer. Sell your gold jewelry with reDollar.com – one of the best places for scrap jewelry as well as most valuable jewelry in the entire US. Start Now to sell your assets for a proper price and without any hassle.
Scrap gold jewelry versus very valuable gold jewelry
As we mentioned initially, there is a huge difference between the value of damaged or broken gold jewelry and very valuable gold jewelry made by a special designer or a famous brand. Also rare, antique, or vintage jewelry is almost always more valuable than machine-made pieces. Handcrafted or unique pieces in good condition are sought after by collectors and can sell for higher prices than ordinary pieces. The crux of the matter is knowing the market, the collectors, and the trading prices. reDollar.com knows the market and of course the pieces we buy. Our experts have the skills to distinguish between treasure and trash. We’ll find the unique piece in your lot reflecting a high value, and we always calculate the best prices. With us, scrap gold sells for almost the spot price. Take a look at our gold calculator to find out the value of your items for yourself. Plus, there are no hidden deductions in the fine print! You get the amount that you’ve calculated. That’s our promise to our clients.