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How to Sell My Antique Gold

Gold is a rare and beautiful element in high demand because of its malleability and luster. This makes it quite easy to sell gold jewelry, watches or plated items in any economy. But being able to sell your antique gold does not necessarily mean you will get the best value; take your time navigating appraisers and potential buyers to ensure you get the most for your antique.

Instructions

    • 1

      Choose a sales method. If you are trying to get the most money, invest more time into getting antique gold pieces appraised and sell your pieces for their craftsmanship. If you just want to get money quickly, sell pieces for the worth of the amount gold used to make them or scrap value.

    • 2

      Examine your antique gold. There are some basic facts you should know about your pieces before attempting to sell them, such as the weight as determined by a jewelry scale, karat (anything less than 10K will not have indicators), and the age of the antique(s).

    • 3

      Calculate the worth of your gold. Before going to a dealer or an appraiser, speculate on your item's worth based on what you know. For scrap gold, anything less than 24 karat pieces are proportionately discounted. Gold marked 18K would be worth 75 percent of the current price of gold, for example. To determine the value of an antique, look at hallmarks to get the time period or artisan. Use the Internet or value guides to determine the approximate price for similar pieces.

    • 4

      Look to an expert to provide an assessment. Go to your local jeweler, appraiser or pawnbroker. Have him assess your antique gold and determine its worth. For scrap gold, expect it to be worth between 10-to-20 percent less than you calculated on your own depending on the jeweler's fee to process it and turn a profit.

    • 5

      Sell your antique gold. If you are selling your gold for its antique value, you may try online/offline auctions or simply sell it directly to a jeweler; this involves less hassle but will cost you. If you are selling your gold for scrap, sell directly to a jeweler or send it to a mail-in company.


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