Post # 1
So in talking about rings and a multitude of other stuff this weekend, Boyfriend or Best Friend and I started brainstorming about ways to offset the cost of my rings (yes, plural — Boyfriend or Best Friend is getting me a “starter ring” and I am then buying my dream ring). Anyway, I have A LOT of nice jewelry, mostly gold that I do not ever wear including things like an old promise ring from my ex (14 K gold with a tiny sapphire) and lots of gold chains/charms that my grandmothers and aunts got me while I was growing up. I am much more a silver/white gold girl and so these just sit in my jewelry box. Boyfriend or Best Friend suggested we take them to the jewelry store where we want to buy my ring(s) and see if they’d give us credit for their value towards the ring. Has anyone ever done this? Would love to hear thoughts. I’m not sure if the jeweler we’re looking at even does cash for gold, but its something I’ll find out I’m sure…
Post # 3
If I had anything of value I’d totally do it. The only piece I had that might have been worth while was a white gold necklace with saphires and diamonds that my ex gave me, I ended up giving it to my sister since she’d been admiring it and it has her birth stone, I didn’t want it having anything to do with my new life. If I had things with no real sentimental value that I didn’t wear I’d trade them in for credit towards a ring.
Post # 4
Why don’t you just get cash for your gold and use the cash? Gold is at al all time high so you could probably get a pretty penny for it all.
Post # 5
Return on jewelry is pretty atrocious. There’s nothing wrong in asking if it’s a possibility and what they would offer. And you could even drop in to cash for gold like another bee recommended. However…despite all time high prices, return is still terrible. I got a whopping $50 for a 14K, $500 mens band from a prior engagement. Again, doesn’t hurt to ask, but don’t be suprised if they come back to you with a tiny offer.
Post # 6
You should probably shop around a bit. I do find different places will have different rates if they provide cash for gold, and sometimes it is not even best to go with the jeweler doing the actual rings for you.
Have you tried selling the completed jewelery online, through somewhere like Diamond Bistro? Or kijiji/Craigslist? You may (probably) actually get a little more than you would in a cash for gold exchange with a jeweler if you find someone interested. I have found that what you get for “gold” that is in settings is actually really low, I even found that with platinum. Like way, way, way, way less than you pay per gram/ounce “new”!
I am the opposite, I wear only yellow and rose these days, and seem to have too much silver & white gold (I had platinum, but sold it) I don’t wear sitting around now!
Post # 7
Fiance had my ring reset (it was a family ring) and he used the gold from the old ring to offset the cost of mine.
Post # 8
I wouldn’t take it to a gold/cash buying place they will offer you pennies for it (even thought gold is at an all time high) compared to what it is really worth..reselling is your best bet.
Post # 9
i had an old coctail looking ring that was 14k gold with diamond chips and traded it for my fiances wedding band at a local jeweler so it just depends on what you have to work with and what they have