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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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West Flamingo

Monday – Friday 9:30 am – 6:00 pm
Saturday 10:00 am – 4:00 pm
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Professional, friendly staff. Knowledgeable and fair. An interesting experience and would definitely visit again.

Gail B.

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.

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.

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

Always a good experience here! Definitely the place in town I enjoy buying coins from, and I’d recommend them to anybody. Helpful staff, reasonable prices, and wide selection.

Daniel B.

Wonderful experience, Nick and Laura made it seamless and stress free. Thank you! They also sell super cool items!!

My wife cashed in some coins and we got top dollar. We have sold to others before but no more, we found a real professional store in Nevada Coin & Jewelry. “Thank You”


While vacationing in Las Vegas I did what a lot of people do I’m sure or at least that’s what I’m telling my wife ..I blew through the money I brought a little quicker than expected and I ended up having to shop my Rolex around to several dealers to save the trip. So I looked online for places, most offers over the phone were low and that’s if they would even quote me in the first place. I spoke to a guy at Nevada Coin and Jewelry who gave me a fair ball park price and a reasonable explanation as to why his number couldn’t be solid. Went down expecting to get the lower number and in fact Robert their Rolex expert said my Rolex was a better model then I had described. He paid me a higher number than he quoted. Thanks for saving my vacation guys.

Weldon O.

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!


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.

Grateful for the Nevada Coin and Jewelry shop, I just adore it. I took some collectable figurines in and they bought them. I came out smelling like a rose. You should’ve been there to see the big smile on my face. I ran all the way home to look for some more. Can’t wait to get back! I can sure use the money!


My friend and I came here to sell some coins and jewelry. We first saw Scott about some coins. He was very friendly and knew his stuff. Afterwards, he brought us over to Sheila who looked at our jewelry. She was also very nice and professional. We will definitely come back here again. GREAT PLACE!!!!

Susanne T.