VintageGent’s Menswear Daily

Check Twice Before Selling Your Gold

By now, you have seen different offers on television about Gold Cash Source offers.  If not, let me refresh your memory.   You send your unwanted gold jewelry in an envelope and they pay you cash.   Remember the excited actors?  They also often take silver and platinum too. Since gold is high, it might be a very good time to look at some of the odds and ends you have, such as a gold chain that is unrepairable, or that ring setting you took your diamond out of and really think you will never use again.

There is one thing I want to caution you on.  Some people get money hungry or are in a desperate situation and sell some artist made or vintage jewelry.  Be aware that sometimes items that are collectible or that are of a certain age, style, or rarity where they may be much more valuable than the mere value of the metal they were made of.  I remember a segment on the local news were people were bringing in Grandma’s silver and one dealer was conscientious enough to stop and educate a potential client that their Vicrotian tea service was worth thousands more than the silver that it was made with due to the age, condition, and maker.  You may not be so lucky.

So please, before you send in a ring that got passed to you from a relative that died before you were born, or an artifact from an old relationship gone sour, do your research.  It is a great service to be able to recycle some bits and bobs, but be careful.  Check with someone who is an expert on the era of the item you have.  Some may be worth more as gold, but many, many items have historical importance that you may not realize, and if you knew, you may rather pass it down in the family.