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Selling My Gold Jewelry - You Might Have a Gold Mine in Your Bed

When I considered selling my gold jewelry for some extra cash, I knew that I had to be sure that I was making the right decision. The difficult economy had my budget stretched thin and I was having a difficult time making ends meet. Just like you, I was feeling this economic downturn in my back pocket. But I found out that I literally had a gold mine sitting in a jewelry box on my dresser that my wife gave me for Christmas years ago.

When I began to look through my old jewelry, I found some old gold rings and a couple of old gold chains that I haven't worn in years. I even found a gold watch. How did I forget about my gold watch? Well, I haven't worn it in years and it doesn't work anymore. My job has me so stressed out that I have to stop and think what day of the week it is. I'm sure that you have been there too.

First, I needed to check to see if my gold jewelry was real gold. Some of it looked like it was white gold, maybe silver, and my chains were yellow gold. I looked on the inside of my old rings and found an 18K stamp. And my chains had a 14K stamp on the clasp. Yep, they were real gold. As for my watch, it was 8K. I had no idea that jewelry could be 8K gold. I thought 10K was the lowest in the states. It must be from somewhere overseas.

Is selling your gold jewelry the right decision?

Now here is where I really struck it rich. My wife also has a jewelry box literally filled with jewelry that she never wears anymore. But I really had to dig through it to find some genuine gold pieces. I know what you are thinking. I didn't go through her things without talking to her about it first. We both agreed that selling our gold jewelry that we never wore anymore was the right decision for us.

My wife is in her thirties and I am in my forties so over the years we both had collected a lot of jewelry. Making the decision to sell your gold jewelry is a tough one. Some of her jewelry had a lot of sentimental value and she just couldn't part with a few pieces. But we knew that we had to make sure that we got the most money for our gold jewelry.

So where is the best place to sell gold jewelry?