Sri Ganapathi Jewellers
Sri Ganapathi Jewellers
No 1 old, no 17, 11th Main Rd, 4th T Block East, Jayanagar, Bengaluru, Karnataka 560011
080 4146 0204
In recent years, there has been a lot of talk regarding the reuse and recycling of old gold jewelry. Recycling your old jewelry can have both economic and environmental advantages.
In the strictest sense of the word, recycling jewelry involves melting it down and making something new. When you recycle jewelry, there is less need for mining for the precious metals. Another way of recycling your old jewelry is to simply sell it or trade it in at a jewelry show or store. Regardless of how exactly you will recycle your jewelry; there are some things to think about.
What do you have?
Before you sell, recycle, or throw away your old jewelry, think about what you have. Do you have genuine gemstones, gold, or platinum? Are you sure that your gold jewelry is real? If you have only costume jewelry, it may not be worth much to a jeweler but some designers may take your pieces and reuse parts of them for vintage-inspired designs. If your jewelry is genuine, you can sell it to make extra cash.
Another thing to think about when considering selling or recycling your gold jewelry is who designed it. If it was made by a famous jewelry designer, chances are it will increase the piece's worth. A great way to find out is to look at the original bill of sale or to do a little research online.
What is your jewelry worth?
After you figure out what you have to recycle, it is time to find out what it is worth. A good idea is to figure what the pieces are worth at retail prices, to give you some room to negotiate if you decide to sell. You can easily do this on eBay, at local jewelry stores, or getting an appraisal. If your jewelry is too damaged, the precious metals and stones can be salvaged and sold, so it is also a good idea to know the current market prices for such items.
When selling gold jewelry, be aware that you may not get the highest value depending on the buyer. Many local jewelry stores are used to paying wholesale prices which means you won't get the best price. Additionally, if you are selling only for the metal, you may want to remove any gemstones and sell those separately.
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