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Originally Posted by Her I have a 14k yellow gold band and a 14k white gold double band that I would like to sell to help my fiance' and I pay for our wedding rings. What is the best way to sell and where? What should I ask or look for in order to not get ripped off? Should I get them appraised at the same place I am thinking of selling it to? The best info I could find for the Seattle area is to sell the gold to a coin shop. Would this be the best idea?  |
Hello ,Gold is $652.00 per oz. fine. That's the market ,it will fluctuate in price when you get ready to sell,trade.
Do not ever pawn or sell your jewelry in a Pawn shop~!!!
Example if you have 10 dwt of 10k ,its market value is $120.84.
Manny buyers will offer 50% that's $60.42
If they offer you less ,your in the wrong place.
You should know and establish a good price for you and your metal.
The piece may be worth more or less to the buyer ,just depends on to many factors.
Remember it's your metal and it has value so you need to know it's value and then decide your best option.
If you want to trade ,do the purchase first.
Then ask about the credit they will give you for the trade---think about it....
Any and all answers given by me are for information only --not to be considered as advise.
Sorry,this post has changed, as of Sunday 3:30 pm central time.
Yes ,I edited this answer and removed some trade sensitive content.
Hope this helps
Rocksngold