1. Home
  2. Jewelry Buyers
  3. Selling Gold Scrap Jewelry

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



East Flamingo

Monday – Friday 8:30 am – 4:30 pm
Saturday 8:30 am – 2:30 pm
Sunday Closed

West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday Closed
Sunday Closed



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.

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.

This dealer was beyond excellent in all respects! No low-ball games, no fooling around. These people are honest, and the transaction was handled smoothly with complete transparency. I will definitely recommend Nevada Coin & Jewelry to everybody I know!

Richard C.

A.J. and Robert are so friendly and make it so you have the best deal with the items you bring them. They have so much knowledge about all the items they have in their shop and they like to teach others about what they know…


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.

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

Gail B.

What inspired me to go to NV Coin and Jewelry was I was an ad on the TV for the shop. I was not too sure about going to NV Coin and Jewelry to sell my jewelry because I have been to many other pawn shops but haven’t found a good deal for my jewelry. After I went to Nevada Coin and Jewelry it was a big relief for me selling my jewelry for a good price.


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.

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

This place is definitely recommended!!! A.J. and David are amazing…very helpful and nice people at that! I would totally consider going to this place.

Bree D.

The staff are quick at work but not too quick to make you feel pressured into buying items or selling your items. They teach you about the items and tell you if they have use for your items or not. If they don’t have use for your items they call other places to see if they have a use for the items. Great staff!


They took the time to help me sell my item and find an item. The staff does not rush you or pressure you into buying something. They take you on a little adventure by telling you about the items you are selling and looking at…

Miller B.