Selling Jewelry in London
Hi everyone!
I have some gold jewelry (22 carat and 18 carat) that I’d like to sell, as I no longer wear them.
Question 1: Can anyone recommend the best places to sell them?
Question 2: What’s the average price per gram for each carat?
I don’t have certification to verify the carat, but I recently visited H&T Pawnbrokers, where they tested the pieces and confirmed their quality.
I would greatly appreciate any advice or suggestions you may have! Thank you!
Hello!
Q1: Where to Sell Gold Jewellery
Pawn Shops
Jewellery Stores: Some local jewellers may buy gold or offer trade-in options. Look for those that specialize in buying second-hand jewellery.
Online Gold Buyers: Websites like GoldBuyer, Express Gold Cash, or Hatton Garden-based jewellers may allow you to sell your items online, usually sending you a prepaid envelope for shipping.
Local Markets and Fairs: Consider attending antique fairs or flea markets, where vendors may be interested in buying gold.
Auction Houses: If your jewellery has unique or antique qualities, you might get a better price through an auction house like Sotheby’s or Christie’s.
Q2: Average Rates for Gold per Gram
Gold prices fluctuate frequently, but as of my last knowledge, here are estimated average rates:
– 22 Carat Gold: Approximately £50-£56 per gram.
– 18 Carat Gold: Approximately £40-£45 per gram.
Keep in mind that these prices could vary based on market conditions, the specific design of the jewellery, and whether it’s a complete piece or broken. It’s always a good idea to check the current gold market price on a reliable financial news website or a commodities exchange before you sell.
Additional Tips:
Best of luck with selling your jewellery! If you have any other questions, feel free to ask!