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  1. 09-27-2011, 10:54 PM #1
    Sophiasmama
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    Default Have you used the gold/diamond buyers for your old jewellery?

    Due to allergies I can no longer wear earrings...and I have some old rings that I no longer wear...it's about 25 grams or more of gold...and 4 carats of diamonds...the largest being 1.3 CT pear shape diamond...you think I should chance it? The money made would just be going onto the mortgage. TIA! Janine

    Ebay scares me due to possible scammers...same with craigslist or classified ads.

    ETA: I weighed it out and I have 25 grams of 10K and 28 grams of 14K...and 5 carats of diamonds
    Last edited by Sophiasmama; 09-27-2011 at 11:15 PM.
    On Baby Step # 6
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  2. 09-28-2011, 08:58 AM #2
    OOwl
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    We just moved and I had a bunch of broken gold necklaces (parrots like to yank those) and unmatched gold earrings. Rather than risk the mail-in type, I just took my gold (and silver) to my local, independent jewelry store. They gave me current value of those and took a $10 handling fee, which I thought was more than fair. I walked out with cash in hand. I also was lucky enough to sell it on the highest day for gold/silver, so I was double lucky. Good luck with your sale. I was glad to clean out the jewelry box and made money from items I haven't even thought about in years. I'm sure you'll do equally as well.
    Totally debt free since January 2011.
    Fully funded Emergency Fund complete December 12, 2011! Yeah!
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  3. 09-28-2011, 09:18 AM #3
    vm9799
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    Quote Originally Posted by OOwl View Post
    We just moved and I had a bunch of broken gold necklaces (parrots like to yank those) and unmatched gold earrings. Rather than risk the mail-in type, I just took my gold (and silver) to my local, independent jewelry store. They gave me current value of those and took a $10 handling fee, which I thought was more than fair. I walked out with cash in hand. I also was lucky enough to sell it on the highest day for gold/silver, so I was double lucky. Good luck with your sale. I was glad to clean out the jewelry box and made money from items I haven't even thought about in years. I'm sure you'll do equally as well.
    ditto this. i would search out a local place that you trust.

    i went to our local jewelry store for my monthly wedding rings/earrings (diamond & platinum so they need the TLC) cleaning/inspection, and noticed a sign out front about buying gold. when i asked them about it they told me to just bring anything in i was interested in selling. so the following week i did......made a nice little bundle of cash.....and felt good about it since it was a place i trusted.
    vicki ~ wife & mom of 2
    live well ~ laugh often ~ love much
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  4. 09-28-2011, 09:41 AM #4
    khaski
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    I was going to try the compnay recommended by Dave Ramsey and requested their kit...only to discover I have to go to a place that Fed Ex's things and get an envelope myself to ship my items. As I live in a rural area and would have to most likely travel 15+ minutes each way to do this, I just skipped it. I expected an enevelope to come with it! I would rather go somewhere in person to do it if it's requiring that much more gas and effort on my part, so eventually I will.


    May:
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    Meatless dinner: 13/52
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  5. 09-28-2011, 10:02 AM #5
    krbshappy71
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    Quote Originally Posted by khaski View Post
    I was going to try the compnay recommended by Dave Ramsey and requested their kit...only to discover I have to go to a place that Fed Ex's things and get an envelope myself to ship my items. As I live in a rural area and would have to most likely travel 15+ minutes each way to do this, I just skipped it. I expected an enevelope to come with it! I would rather go somewhere in person to do it if it's requiring that much more gas and effort on my part, so eventually I will.
    Same here, call me lazy but I was disappointed it wasn't "drop in and mail" situation so I didn't follow through. At some point I plan to go to a local store and see what they offer me.
    LDR , 2 DD (one left the nest, one rarely home) More pets than money. More love than sense.

    "If you can't see the light at the end of the tunnel, march down there and light it yourself."

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    Yah, I suck at this money stuff, I know. That's why I'm here.
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  6. 09-28-2011, 10:08 AM #6
    Sophiasmama
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    I'll ask my local store today...thanks so much!!!
    On Baby Step # 6
    Principal amount oweing $74,408

    Living like no one else,so later we can live like no one else.
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  7. 09-28-2011, 11:03 AM #7
    Momto5RN
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    i want to do this with some broken jewely i have to put money to use for christmas
    *~Debbi~*
    Happily Married Mom to 5 ; PT Home Care RN
    Living with FMS

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    Talk less, say more; Love more, and all good things will be yours”
    Swedish Proverb

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  8. 09-28-2011, 11:44 AM #8
    Molemommy
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    I own a coin and jewelry store and I will tell you the mail in ones and the ones that come to local hotels are realy cheap... they only give you 1/2 value and with some much less...
    Take it to a local jeweler and also get a couple different quotes to make sure you are not getting cheated.
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  9. 09-28-2011, 02:45 PM #9
    jennordhavn
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    I have never sold diamonds, but I have used Kay Jewelers Gold Exchange and also Cash for Gold USA (for a watch, since Kay doesn't accept watches). For both, I got a prepaid UPS or FedEx packet and then mailed my items back. I thought I got a fair price the times I have used them.
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