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When Should You Sell Your Gold Jewelry?

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Your gold jewelry can be a flexible financial resource, ready to turn into cash when the moment is right. Read on to discover the best times and reasons to sell your gold, plus how easy it is to sell your gold to us—with expert appraisals and payment options tailored to you. 

When Gold Prices are High

Gold prices fluctuate with market conditions, geopolitical events and broader economic trends. By keeping an eye on the gold market, you can take advantage of price surges to maximize your return. We’re always here to offer real-time, expert appraisals when you bring your jewelry in. 

You Need Quick Cash

Selling gold jewelry can be a fast way to access funds for unexpected expenses. Unlike other assets, gold jewelry doesn’t require a lengthy approval process or paperwork to convert into cash. It’s a tangible resource with real, inherent value—and in many cases, it can be sold on the same day you decide to part with it. If you’re facing urgent financial pressure, liquidating gold can provide immediate relief. Borsheims is here to help you turn your gold into cash when you need it most. 

Old Jewelry You’re Not Wearing

If your gold jewelry sits unused because your taste or lifestyle has changed, it might be time to sell and update your collection with styles that suit you better. Selling old or outdated jewelry frees up both space and funds, letting your old pieces pay for new ones you’ll truly enjoy wearing. 

Damaged Gold Beyond Repair

Gold is durable, but some pieces may be damaged so severely that repairing them is impractical or too costly. When repair expenses exceed the jewelry’s value, selling it as scrap gold becomes a smarter option. This way, the metal finds new life in other creations—and you get cash in your pocket. 

Inherited Jewelry

Sometimes, selling inherited gold jewelry or downsizing your collection is necessary. While parting with inherited pieces can be emotional, selling is practical if you don’t intend to keep or wear them. Before making a decision, consider discussing your intentions with family members to ensure everyone is alignedBorsheims offers appraisals on all jewelry, regardless of where it was purchased. See our services for more details. 

Tips for Selling Gold Jewelry

To get the best value for your gold jewelry, it pays to be informed and selective. Take time to understand the basics of your pieces, including the karat (purity of the gold), weight and overall condition, as these factors directly impact value. Learn about all the different aspects of gold in this article. 

See just how smooth and simple selling your gold to us can be below.