You know those commercials on TV where you send them your old, unloved gold and they send you cash? Can't believe they're doing it for free....
Anywho, my wife is into silver not gold jewelry. Thank you! Is there a way to sell, melt or trade in silver? She's never going to wear this stuff, too expensive to throw out and found money always just spends better.
Dan
Most of them deal with silver as well. Most of them are scammish Look around for someplace local. Some independent jewelry stores will buy metals, also look in flea markets.
Do it yourself and have silver ingots.
Yeah, make sure what you're getting. These type of outfits were around years ago, the last time gold spiked, and they were giving you less than 50 cents on the dollar. RIP OFF.
It just amazes me to see that "the gold and silver exchange" "company" can afford to lease a nice building, in a nice community, staff people, etc.
Are people really that dumb?
In reply to Grtechguy:
YES.
With silver prices at about $25 an ounce, the value of silver jewelry and trinkets is usually in the labor, not the metal. Melt down your wife's collection and you may find that it's worth a lot less as a silver ingot than as individual pieces.
If she's still into silver jewlery take it to a good local jewler who makes his/her own designs and have it melted down and remade into something she will wear. Bonus points if you do it without her knowing and get it done and wrapped under the tree before Christmas.
Werewolf problems?
These guys are legit ends up being 90% of spot after melt.
http://midwestrefineries.com
I can do this for you....I haz the teknologeez. I wont even charge that much.
srsly though, the "make new jewelry out of old jewelry" idea is pretty good!
Its difficult to find a bench jeweler who will melt your old gold or silver down and make something else. The reason is that gold and silver are not just gold and silver but alloyed with other metals and impurities. The result of the impurities shows up as porosity and uneven colour in the finished jewelry. Sometimes the porosity can be filled, often it must be remade. Each time you melt the metal down to recast it you loose some of the weight. It is usually easier and cheaper to send the gold to the refiners then use known quality and alloy casting grain and build the difference in $$ into the labour.
But you didnt hear it from me.
By the way, if you do want to find a jeweler to reuse your metal look for a bench jeweler that has recently come from South America or one of the former Soviet Bloc countries. They have more experience with reusing impure metals than those from Western countries.
I've had good luck with these guys on rt 9 in Castleton. I haven't sold anything outright but they've made some new pieces from old ones and I've traded some things in.
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