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When you want to sell gold chains or any other piece of jewelry for that matter, it is important that you know what a fair price is for your gold and which jewelry buyers deserve your consideration. In this article, the team at GoldFellow, an expert team of professionals that makes selling jewelry online easy and profitable, will dive into the subject and explain prices to expect. Our team of gold buyers prides itself on transparency and explains subjects that could directly relate to our current and future clients regularly in articles such as this one. If you’re interested in learning about gold chain price points, then this article is for you.
The Price of Gold Chains
The price of a 14K gold chain and the price of a 10K gold chain are not going to be the same, this has to do with the quality of the material with which the piece was made, but there is a way to know what your specific material could be worth when you sell gold chains. When you sell your jewelry to a reputable buyer, you’re likely going to be working off of the ounces that are in each piece. Our team makes it so that when you sell gold chains easy by following the PM London Fix System, which follows this format:
Karat | 25+oz.(500+ DWT) | 10-25 oz.(500-200 DWT) | 5-10 oz.(200-100 DWT) | 0-5 oz.(100-0 DWT) |
|---|---|---|---|---|
10k | $27.12 | $22.78 | $20.97 | $19.16 |
14k | $37.97 | $31.89 | $29.36 | $26.83 |
18k | $49.49 | $41.58 | $38.28 | $34.98 |
22k | $60.34 | $50.69 | $46.66 | $42.64 |
These prices are not the ones that you will encounter with every avenue of sales you follow; some companies will offer less than gold is truly worth as a way to make a greater profit. It is because of this that it is important to know which company will offer the best price.
Knowing Where to Sell Gold Chains
Deciding where to sell gold chains you no longer want can be difficult with so many different avenues to take, but most of these locations and online buyers do not want to follow the methods of pricing offered by reputable sources. Pawn shops and jewelry resale companies are likely to offer below-market prices in an effort to increase their profit margins to a ridiculous level, but there are still some places that are worth considering. Our own company follows an easy process of operation while offering amazing prices, meaning that you will get your money’s worth while also not having to worry about the operation method being too complicated to follow. Our team has a reputation for being a reputable gold buyer and strives to live up to that standard at every turn.
Sell Jewelry Online to Our Expert Gold Buyers
If you have been trying to sell gold chains, or trying to sell old jewelry of any kind, but have become frustrated with the process or prices offered, then be sure to get in touch with GoldFellow and learn more about our amazing buying prices. Our team doesn’t just buy gold; there are many other forms of jewelry and material that we can take off your hands if you are no longer interested in owning it and have no sentimental attachment to it. If you are interested in learning more about all things related to our industry, or anything else related to the field of jewelry, then be sure to take a look at some of our other articles and get further information from our team. Get started today to get a fair price today!
