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Selling Gold Scrap Jewelry

When and if you decide to sell Gold scrap jewelry you should be sure to do your research on metal dealers and any potential jewelry stores that buy precious metals. Selling Gold scrap jewelry may seem overwhelming at times especially if it is your first time so what is a typical transaction on selling gold scrap jewelry. First the metal dealer will evaluate your items separating them by what’s referred to as karats which is a unit of fineness for gold equal to 1?24 part of pure gold. For example 14 karat gold is 58.3% pure gold and is mixed with several other alloys depending on desired finish color which can be copper or silver to name a couple.

Once the karat has been determined then we take the market value which is very important to know when you decide to start selling Gold scrap jewelry. Finding market value can found by doing a simple web search. They take the market value minus a hold back percentage for them and the refiner which is what they make on the transaction. Gold scrap jewelry can be any item made up of gold that you know longer desire to wear or possibly broke and no longer wish to repair. Gold scrap jewelry can be single earrings, old class rings, inherited items that don’t fit current jewelry trends or your specific taste. Selling old Gold scrap jewelry can be quite profitable.

A gold buyer is a second hand dealer with a specific license that allows him to purchase second hand goods from clients in exchange for money. To get a license to become a second hand dealer is a long and thorough process of checking background history and a multitude of other requirements before a license is granted. Percentages that clients will receive when selling Gold scrap jewelry will vary from state to state and county to county depending on local laws and regulations.

These can and will affect your bottom line. So to recap make sure to do your research when selling Gold scrap jewelry know the person who you will be selling Gold scrap jewelry to by reviewing any online publications of prior business transactions with other clients and research the business and how long they have been in business. Make sure to only do business with gold buyers who have a A+ BBB rating with no open or closed complaints so that

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East Flamingo

Monday – Friday: 9:30 am – 4:30 pm
Saturday and Sunday: Closed

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I brought them some gold pendants, rings and a few other pieces. I knew they weren’t worth that much but I needed the cash. The guys (and there are a lot of them) were really nice and not the least bit condescending. They know when you come in to sell there is a reason but they don’t make you feel bad or inadequate. The store is filled with interesting objects for sale and for show. A very nice and very fair place to buy and sell. I highly recommend them.

Linda P.

Been living in Vegas for many years and never had to sell or hock any of my items unfortunately as luck would have it that day did eventually find me and let me tell you is it a tough racket to find a decent place out here to do business with. Pawn shops are a joke and could care less about their customers and treated me like another number. Tried and tried and place after place the numbers where all over the place. Finally decided to go to these guys and I’m glad I did. They tested each piece of my jewelry right in from of me with some kind of xray machine. They explained how they calculated the price and paid me cash on the spot. Avery was very helpful and didn’t mind answering my questions and explaining what they do. I left feeling I got the best price for my items. I would recommend them to anyone looking to sell their jewelry.

Christian M.

This past Saturday I had the opportunity to meet the owner and team at Nevada Coin and Jewelry. I didn’t know what to expect but they made me feel both comfortable and safe. I went through my collection of jewelry, both broken pieces and things I thought were of no value at all. They took the time to explain what each carat weight was worth and they helped me sort through my items. I was amazed at what they gave me for things I would never wear or use. I would recommend you stop in and speak to them, you might be as pleasantly surprised as I was.

Suzanne P.

As a first timer in selling, I was a bit apprehensive. I did not know what to expect and was a little worried about a previous reviewers comments. Yes the office was stark and clinical. The staff however, more than made up for any downfall in the decor. Very helpful, polite and understanding to any ‘silly’ questions that were asked. All in all a pleasant experience, and one that should the opportunity arise I would go through again!

Marie G.

I recently got divorced so I wanted to get rid of some of the jewelry my ex-husband got me. I found Nevada Coin and jewelry searching the web. When I called the guy that answered the phone was friendly and willing to quote me a price per gram. I went to their store on Flamingo, Avery whom I spoke to on the phone tested my items using some kind of x-ray machine. I could see that some of my jewelry was not the karat I thought (some lower some higher). He paid what he quoted on the phone no bait and switch. It took less than 15 minutes got my cash and got rid of some bad memories. I would recommend this company if you are looking to sell jewelry.

Virginia F.

What friendly staff. They help you sell your items even if they don’t have a use for it by calling other shops around the area to see if they could use it… They want you to have the best out come from selling your items. I was so happy I decided to go to them!

B.J.

Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

Nevada Coin and Jewelry – has excellent customer service – providing las Vegas with top notch service and expertise – this is my primary coin dealers — others just can’t keep up – they are helpful and friendly – in my opinion they are the best in the south west area — so that’s my review a++++ rating – because I am a good customer – this is the best place to buy and sell gold and silver bullion.

Freddie I.

Really cool cats over at Nevada Coin and Jewelry. You would’ve thought that I was “Madonna” the way those guys treated me. I was so mesmerized by all of the antiques, they have in there, I believe I was there for two hours, just looking, unbelieveable! When I went in I was so hot, they offered me a cold bottle of water, how cool is that? It felt like home to me. I wanted to get a price for some old jewelry that was passed down by grandma, I was well satisfied. When I left the shop, I was singing “Money, Money, Money.

Doris

My Aunt recently passed and she lived in the outskirts of Las Vegas. While my sister and I went through her estate we found a number of items that neither of us considered keeping, but our aunt was clear in her will that she wanted us to use her things to make a profit and in turn use that money to help our futures. We shopped around, especially not being from the area, and got a lot of negative experiences just on the phone. People were rude, uninformative, and really just gave us a feeling they wanted to rip us off. It made us think of those dirty pawn shops you “hear about”. Finally I called Nevada Coin and Jewelry and the whole day shifted! We described a few pieces of jewelry and they helped us figure out initially a general value based on the metal. Of course, they did explain the importance of actually coming in and examining the pieces individually. That level of service over the phone got us through the door. When we went to the spot we were greeted with the same level courtesy, but the professionalism when going over each item and it’s value was through the roof! They took the time to explain why each item was worth what amount and even gave us a little bit of history on the styles. At the end of the day, my sister and I walked away with a sizable amount of money to put towards my son’s college fund and my sister’s vet school. Thanks, Nevada Coin and Jewelry!

Ashleigh L.

Outstanding experience! This is the best place to change your gold with a great attention. I’m completely impressive because they have a smooth and fast service, definitely nice people!

Pablo V.

A great selection of coins and other numismatic related material. Very professional.