We’ve all been in a situation where we need some extra cash. Sometimes you want to take a vacation with your family but can’t figure out how to make it work financially. Sometimes you have an unexpected bill and you need the cash to pay it. Maybe you need some time off but can’t afford to hang out on the couch and binge on Netflix for a week. What do you do?
Most people end up pulling out their laptops and googling “gold exchange near me.” There’s a good chance that you ended up here because you did the same thing! You’re not alone: 85% of the gold mined throughout history is still in use today, meaning that A LOT of people have sold their gold at some point. We know that when you sell your gold, you have a lot of questions and not many answers, so we’re here to help.
If you’re looking to get cash for gold, we’ll walk you through everything you need to know.
Why Sell Gold for Cash?
One of the most common things people want to know when we talk to them is why they should sell gold for cash. More specifically, they want to know why they should sell their gold now instead of later.
First, the price of gold fluctuates. A lot of people will tell you that gold rises forever, but that’s not true. They’re trying to sell you something that doesn’t exist: a “sure-fire thing.” Gold has a history of performing well over the long-haul, but there are no guarantees that this will continue. Supply, demand, geopolitics, and other factors outside of your control determine the price of gold.
Gold prices rise and fall. As of January 2020, gold prices have remained above $1,500/oz., which is the highest it’s been in seven years. There hasn’t been a better time to sell gold since 2013!
Second, most people get gold and hold on to it thinking that they’ll cash it out at the perfect time. In reality, it ends up sitting in a jewelry box, safety deposit box, or somewhere else collecting dust. Instead of holding it for years and forgetting about it, put that money to good use! Use the money you get from selling gold to open savings accounts, pay off bills, invest in the stock market, or anything else you need. The money is yours to do with it as you please!
A lot of the gold we receive comes from broken jewelry or timepieces. People often keep those items because they think that since they’re broken, they aren’t worth anything. Nothing could be further from the truth. When you sell a watch, you aren’t selling its ability to tell time, you’re selling the gold (or silver, etc).
What Happens When I Sell Gold?
We want to make your experience as easy as possible. Thousands of customers in the Inland Empire trust us because of our commitment to customer service and fairness. We’ve made the process as transparent as possible so that you can see what’s going on at all times. If you’re wondering how to sell gold, we’ve made it easy!
Once you gather your gold, bring it into our store. One of our experienced and friendly experts will be there to greet you with a smile. Place your items on the desk, and we’ll start evaluating your valuables. We’ll never take your gold out of sight so that you can see everything we’re doing. We’ll even explain each test so that you know what’s happening.
Transparency is our number one goal. We’ll evaluate your gold, tell you what it’s worth, and give you your money that same day. You can walk in and walk out with an payment in a matter of minutes!
If you decide that you don’t want to sell your gold, that’s okay. We’ll never pressure you to do something you don’t want to do. We serve thousands of customers a year, with many of them coming back to us because of our no-pressure friendly atmosphere.
What Kind Of Gold Do We Buy?
No matter what type of gold jewelry you have, we’ll buy it. Do you have pendants, charms, or bangles that you don’t wear? Bring them in!
We also take engagement, wedding, and class rings, cocktail rings, earrings, watches, money clips, scrap gold, and more! Don’t worry about the condition of the items. We’ll still take them and offer you a fair price.
We buy yellow gold, white gold (rhodium dipped), rose gold, and black hills gold. Most of the gold we buy is 10 karats and above, but we’ll also give you money for 8 or 9 karat gold.
Unfortunately, we won’t buy gold plating unless its an antique pocket watch. A stamp of R.G.F., G.F., H.G.E., or 1/20th signifies gold plating instead of actual gold. If you have a lot of gold, don’t worry about going through and looking through each piece. Bring your items in and we’ll check it out for you.
What Impacts The Price of Gold?
One of the most common things people want to know is what makes the price of gold go up or down. It’s not easy to understand everything that affects price, but there are a few common causes of the fluctuation of gold prices.
First, central banks around the world hold gold in their reserves as a way to diversify their holdings. When these banks decide to turn more of their money into gold reserves, the price of gold rises.
The United States got rid of the gold standard in 1933 and cut the link between the dollar and gold in 1971. Since the United States abandoned the gold reserve, Russia, Kazakhstan, and Turkey have bought the most gold. Of course, if countries decide to stop buying gold for their reserves, or the buying stagnates, it would hurt the price.
Another important factor is the worldwide demand for jewelry and industrial purposes. The United States, China, and India are the largest markets for gold jewelry. Many industrial machines also rely on gold for parts, such as when making parts for GPS machines and certain parts for medical devices.
You would think that as long as the economy of those three countries remains healthy, gold prices will continue to buy. A sign of a healthy economy is that people have more money to buy things like jewelry, right? Well, things aren’t that easy to judge.
There’s generally a direct relationship between the value of gold and the strength of the US dollar, but it works inversely. When the dollar is strong, gold prices drop, and when the dollar is weak, gold prices rise. When the dollar weakens, there is a higher demand for gold.
The issue is that a weak dollar means a weak economy, and in a weak economy, people buy less jewelry. The price of gold fluctuates based on which force is the strongest on the market. This is a major reason to sell your gold now while the prices are high. It’s difficult to predict future prices. Past performance doesn’t always mean future success.
Can I Sell My Diamonds As Well?
Absolutely!
They say diamonds are a girl’s best friend, but they’re ours as well. Whether your diamonds are set in jewelry or loose, we’ll buy them. No matter the shape, size, or condition of your diamonds, we’ll give you a fair cash price so that you can leave with money in your pocket today.
It takes a special type of skill to evaluate a diamond, which is why we train each of our staff members specifically for diamonds. We have experts certified through GIA, so you can ensure that our team of professionals will give you an accurate and fair assessment.
Most of the time, we’ll need to remove the diamond from its setting to give it a full evaluation. We’ll look at the diamond’s 4 C’s: cut, color, carat weight, and clarity. As always, there’s never any pressure to sell. Bring your diamonds in and see what they’re worth today.
Why Choose Us When Selling Your Gold?
Selling your gold is like any other business transaction. You should do business with people you can trust. A lot of places will pop up when you search “gold exchange near me,” so it’s hard to tell them apart. Here’s why you should trust us when selling gold.
Expertise
If you want to get the most money for your gold, you need someone that knows the current gold market and what to look for when buying gold.
When it comes to buying gold, the devil is in the details. Our experts will evaluate your gold and look at the fine details to determine fair market value.
Gold exchanges without expertise will often offer a base value for your stuff without looking for details that could get you more money. Here at Crown Gold Exchange, we only hire experts that can evaluate your goods and give you fair offers!
Experience
Experience and expertise go hand in hand.
We started in 2010 with a pretty simple idea: if you treat customers with respect and give them a fair price, they’ll continue doing business with you. This strategy paid off, as one year after we opened, we were able to expand from one store to seven. Later, we would make a deal with Daniel Jewelers and expand further, operating in 10 locations. Now, we’re the go-to gold exchange for customers that live and work in the Inland Empire.
Without our dedication to customer service, fair pricing, and transparency, our rapid growth wouldn’t have been possible. We’ve served thousands of customers in the area, and we look forward to serving even more.
Transparency
If you haven’t noticed by now, we think it’s important to do everything in front of our customers. We want you to know that when you bring your gold, silver, coins, or other items to us, you’re receiving fair treatment.
Everything that we do is in front of our customers. If you ever have any questions about what we’re doing, we’ll take the time to explain everything. You should never send your jewelry and precious items through the mail to a gold buyer, nor should you take it somewhere where they run their test in the back. Until you sign the paperwork, the items are yours. You shouldn’t trust a company that isn’t willing to tell you what they’re doing and let you watch.
Fast Payments
When you sell your gold or other valuables, you shouldn’t have to wait for payments. You should be able to walk in, get an offer, and walk out with an instant payment in your pocket. After all, isn’t that the reason you’re selling your gold?
You should never send your valuables through the mail to get them evaluated. Some companies will offer to send you a check if they can use your jewelry, but this can lead to problems.
What if you disagree with the price they offer? What if they say that you’re gold isn’t worth anything and you disagree?
There’s nothing you can do at that point. Most of the companies that have you mail your valuables in have fine print written into their contracts that they don’t send items back to you. In essence, if they decide to give you less than you think your gold is worth, there isn’t much you can do about it.
Your valuables could also get lost in the mail, leaving you high and dry. Also, some of those companies could make you wait for weeks before you ever hear anything back, much less get a check.
When you come to visit us, you know exactly what we’re willing to give you and you have options. We won’t pressure you to take the money; you can leave with your belongings. You can also walk out of our store with money in hand to do with what you please.
Can I Sell Something Other Than Gold?
Absolutely!
We’ll accept a wide range of things, including:
- Silver jewelry
- Platinum jewelry
- Coins
- Bars and Bullion
- Numismatic Coins
- Silverware
- Dental Gold
The process for selling these items is identical to the one for selling gold.
If you have a collection of coins, you can bring them in and we’ll evaluate them and tell you their value today! You can choose to leave with a payment in hand or hold on to them. Remember, we have a pressure-free environment.
We’ve already talked about gold, so let’s look at some other things you can sell at our gold exchange.
Silver Jewelry
Silver is one of the most popular jewelry items in the world. If you have silver jewelry laying around, bring it in and see what you can get for it! There are some important things that you need to know, however.
Sterling silver should have a hallmark stamp of either .925 or “sterling,” which means that the piece is 92.5% silver and 7.5% copper. If your jewelry has other stones attached to it, we’ll factor those into your offer. However, if you have broken or damaged jewelry, we’ll still pay you for the silver.
We’ll also pay more for items from Tiffany & Co., Effy, and other popular retailers as long as we can verify their origin. We also buy items from popular Navajo and Zuni tribe designers. If you aren’t sure whether you have alloy jewelry or real silver, bring it in and we’ll evaluate it for you free of charge.
Platinum Jewelry
Do you have broken, damaged, or antique platinum pieces? We’ll buy it! We’ll also accept platinum in other forms, such as industrial wire, coins, and others.
Your platinum jewelry will likely have a hallmark of .900 or .950 with PLAT or PT next to it. This designation means that your jewelry is either 90% or 95% platinum. If your jewelry doesn’t have this marking, or you’re unsure, bring it in and we’ll evaluate it for you.
Coins
Do you have a collection of coins and you aren’t sure what to do with them? Almost everyone has coins lying around the house. Some of those coins could be worth some serious cash!
Bring in your coins and see if they’re worth more than their face value. When you bring them in, don’t worry about cleaning them. If anything, cleaning them can damage the coin and lower its value. Many collectors like coins to be in their original condition.
There are a few things that have an impact on the value of your coins. First, we’ll consider the rarity of your coins. Coins that had a limited print or that are hard to find have more value.
The condition of the coin also plays a part in the value. Does the coin have damage to the outside ring? Is the coin well preserved or left out in the elements? Has the coin sustained damage from improper cleaning?
Coins receive a ranking between 1 and 70, with 70 being the highest ranking. Bring your coins in today and we’ll determine their value and make you an offer!
Silverware
Silver isn’t as valuable as gold, but silverware has an advantage because of its weight. Some silverware sets are worth a lot of money because of this. If you’ve inherited a set and you aren’t sure what to do with it or you have some lying around collecting dust, you can bring it to us and we’ll gauge its value.
We’ll take individual pieces or complete sets. Bring your silverware in for an evaluation and walk out with the payment you need today!
Dental Gold
There are two options for selling dental gold. First, if you own dental gold, we can buy it even if it’s still attached. Come in and see what your dental gold is worth! We’ll take crowns, bridges, and more.
If you’re a dental office, we can help you infuse cash into your practice. Bring any dental gold you have lying around to us and see what we can offer. Whether you need funds for new equipment or need some quick cash for emergency repairs, come see us today.
Bars And Bullion
Bullion is any type of metal sold in the form that it is and will have a stamp that shows the type of metal and purity. Bullion often comes in the shape of a bar or round, but it can also come in several special shapes as well. Bullion is for investment purposes only and is easy to buy and sell.
You can buy and sell gold, silver, rhodium, platinum, and palladium bullion. If you have any and would like to see what it’s worth, bring it into Crown Gold Exchange. We’ll evaluate it and give you the cash you need today.
No More Searching For “Gold Exchange Near Me”
Now that you know where you can sell your valuables to get cash today, you won’t have to waste any more time searching for “gold exchange near me.” Gather up your items, bring them down to Crown Gold Exchange, we pay instantly in-store.
We have several locations in the Inland Empire to serve you, and our experts can handle large amounts of valuables at one time. You can bring all your valuables and decide what to sell and what to keep, as our staff is friendly and will never pressure you into making a decision.
Come down and see us today with your gold, diamonds, and other valuables to get the cash you need. If you have any questions about what we accept, feel free to contact us and we’ll be in touch!