Best Type Of Place To Sell Scrap Gold (Not Coins)

A lot of coin shops will buy your jewelry and pay by the gram .They pay better then those we buy your gold outfits.

Definitely do a telephone survey of LCS's that you can get to without deal-killing transportation cost. That should be how you'll find the best deal.

post it here on the CCF auctions and see if anyone wants it.

You only want the money? You can get more out of the finished product if you sell if as such. If you have a working (non-classic) car without any problems, would you sell it for parts? This obsession with "melting" stuff to somehow obtain its monetary value is really aggravating me. Sell the pieces as is. Best thing you can do as a salesperson is not to trash talk your own product by calling it scrap or melt. They might be "nothing special" but someone out there wants some 22k earrings that are just too expensive to buy brand new pieces. Craigslist may serve your needs better, OP. Might make you nervous but you cut out the middlemen.


I wouldn't because if it's jewelry it's not scrap. Which is it? Got kilos? Send them to a refinery. Use them as a bribe. Anything! except melting them for the sake of saying you melted them. Groan.. List it on craigslist with its weight (if that's so important to the value of a finished product) and mark it up as much as you feel is right. Unless your pieces are broken needing repairs or beyond repairable there's no need to destroy someone's work for a pittance. Pass them on to the end buyer!

Libertad has a point....up to a point. I wouldn't melt the jewelry and/or call it scrap. Once you melt it or otherwise alter it you have turned it from an easily recognizable product to an item of questionable content. However, leaving it in jewelry form doesn't mean you will be able to sell for more than melt value. The exception would be if you own a retail store or are willing to spend the extra time required to obtain top dollar.

People don't seem to understand the retail(non-designer brand) jewelry business. You can go to a stand alone jewelry store & pay 5-10 times melt, or you can go to Walmart & buy the same made in Italy chain/ring/whatever & pay 2-4 times melt. As an individual you are competing with the Walmart shopper. The kind of person that pays high retail isn't shopping on craigslist.


I know people that buy older model cars in running condition solely to part out. They sell off the best parts & send the rest to the scrap man. Way too much work for me but I guess it's fairly lucrative.

I have used this refiner on several occasions:

http://www.ctgoldbuyers.com/

What I like about them is that their web site has current
prices which are updated regularly.
If you have a refiner close to you who posts his buy prices
it cuts out the middleman, be it a 'WE BUY GOLD" outfit or a coin shop.
Where do you think the middlemen sell?

Ideally, the refiners will list units of DWT (pennyweight.)
grams, ounces, etc. This can be confusing if you do not understand.

....if you are talking about buying stones or getting jewelry repaired. If you are talking about gold jewelry without stones individual stores are not the place to go.




Always looking for back up outlets so I checked the website. Prices quoted per dwt of 14k are $5 less than what I got last Friday when spot was $25/ozt lower from a guy who runs a regular business in Atlanta. There has to be someone in Connecticut that pays more.