Sell My Gold Jewelry for Cash
Believe it or not, over 50 percent of the world’s gold is found in jewelry. Because of the stock market and the economy’s inherent instability, gold has long been considered a stable investment in the future. While gold prices may rise and fall on a day-to-day basis, the relative cost of gold has stayed high for thousands of years. Even the smallest amount of gold jewelry can be worth hundreds or even thousands of dollars if it has a high carat purity, weight, and premium brand name. For this reason, it’s never a bad time to consider utilizing cash for gold services.
At the Jewelers Coin & Loan Co. in Quincy, MA, we are proud to offer cash for gold jewelry at our store to a diverse clientele from all over the South Shore area. We are fully licensed and have years of experience in the gold-buying business. Our gold brokers and gold buyers are always here to assist you and answer any questions that you may have about your items, their valuation, and how the process works.
Areas We Serve
Are you in the greater Boston area and wondering, “where can I sell gold jewelry for cash?” You’re in the right place here at The Jewelers Coin & Loan Co.! We are proud to serve customers in and around the following parts of MA:
- Boston
- South Shore
- Quincy
- Dorchester
- Milton
- Braintree
- Hingham
- Cohasset
- Weymouth
- Randolph
- Holbrook
- Rockland
- Abington
- Hanover
- Marshfield
- Pembroke
- Hanson
- Whitman
- Mattapan
- Lower Mills
- Plymouth County


Get Cash for Gold Jewelry
For generations, Europe and India have been leaders in pawn loans and other “cash for valuables” services such as pawn silver and pawn diamonds. In these locations, borrowing against your assets is considered a financially prudent and socially acceptable way to access the cash flow necessary to support your endeavors. Unfortunately, many Americans associate pawn shops with negative connotations. At the Jewelers Coin & Loan Co., we hope to shift the American perception of pawn shops and expand their popularity to a wider audience.
Abroad, gold’s value is typically understood with its simple cash value, but in America, there can be a bit more nuance to the conversation. In America, gold is mostly discussed on the basis of its karat weight and karat purity. The most common form of gold is 14k (fourteen karats), which is roughly 58.5% pure gold with other concentrations of copper, zinc, palladium, and silver alloy mixed into the jewelry for durability.
Staying on Top of the Daily Spot Gold Price
The daily spot price of gold and other precious metals fluctuates every day during the work week. From Monday to Friday, the trading of gold futures and physical gold reserves helps determine the daily price of a troy ounce of gold. The market price sets the tone for all gold sales for that day. Jewelers, pawn shops, pawnbrokers, gold buyers, and gold sellers all benefit from checking the daily spot price and setting their expectations accordingly.
At Jewelers Coin & Loan Co., we mean it when we say we are your one-stop shop for your jewelry and pawn needs. In order to provide our customers with the utmost degree of confidence, we make it easier than ever to check the daily gold spot price on our website.
The gold price chart is always live, and it’s available at the top and to the left of all our website pages. It’s also easy to cross-check the daily silver spot price, platinum spot price, and palladium spot price if you are interested in getting cash for gold, cash for silver, or utilizing our other services. The combination of our easy-to-read daily spot prices and our jewelers’ unique expertise will make your sale as straightforward as possible.
Curious about what your gold might be worth? Our gold calculator is a great way to get an idea of what you might make when you sell gold for cash!


Thinking About the Appraisal Value of Your Gold
If you have gold jewelry that you are considering selling, it can be challenging to determine the exact value your gold will be appraised for. As a general rule, the heavier the gold and higher the karat purity, the more value the jewelry may hold. Higher karat numbers mean a higher percentage of gold that is pure. The most common gold is fourteen karats or 14KT. This simply means the gold is 14 parts pure gold, or 58.5% pure. This percentage is reached by dividing 14 by 24, which is the highest karat level possible in gold. The other ten parts of the total 24k are sometimes composed of copper, zinc, palladium, silver, and nickel.
At the Jewelers Coin & Loan Co., we can provide you with a free, no-obligation gold jewelry appraisal right here in-store. While this service is typically free, please note that a sorting and organizing fee may apply if you have a large amount of jewelry. However, we are happy to provide a price estimate whenever possible to help educate our customers.
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Why did my ring cost so much originally, and why hasn’t it held its value?
When you buy from a big box jewelry store, you are paying for the overhead costs associated with that big business. These costs include but are not limited to payroll for dozens of employees, the high cost of rent to maintain a storefront in a desirable location, marketing, and promotional expenses.
When you choose a local jewelry store, you can maintain your confidence that the cost you are paying for your piece is reflected in the eventual resale value of the piece. Independent jewelers are generally able to provide a more honest and authentic experience compared to big-box stores. The diamond buying experience is personal, and the genuine connection you get at a local jewelry store cannot be matched. If resale value is something you are concerned about, it’s essential that you consider the weight and karat purity of your desired item before you purchase it.
How do I know if my jewelry is real gold?
Unfortunately, fake gold and gold-plated jewelry are very common. For this reason, it’s important to check for a gold stamp on all your pieces if you are not sure about their authenticity. However, a gold stamp is not the end of the line when determining the authenticity of your gold. Just because there is a stamp does not mean an item is genuine gold. There are a lot of types of jewelry that merely appear to be true gold, such as gold-filled jewelry, gold-plated jewelry, gold mixed with copper, gold stamped, and inflated karat genuine gold.
The best way to determine the authenticity of a given piece is to look for a small karat mark or a manufacturer’s trademark. Each of these stamps can be found on the inside of a clasp, inside of a gold ring, on the end cap of a gold Figaro bracelet, or even as a tiny mark on a gold diamond earring post. Common stamps to look out for include:
- 18k
- 14k
- 10k
- 750
- 417
- 585
- 916
- 999
- 375
- “Gold plum”
Our expert jewelers are happy to confirm the authenticity of all your gold jewelry, coins, and broken gold pieces. You can send us a text message, email a picture, or call and stop by during business hours. A small amount of gold collecting dust in a jewelry box can add up fast!
What is the difference between 10k, 14k, 18k, and 24k Gold?
Simply put, 10k means that the gold piece is ten parts pure gold, or 41.7% pure. You can arrive at this calculation by dividing the karat weight (in this case, 10k) by 24k (the weight of 100% pure gold). Most people will have a general idea of what type of gold they are dealing with when they are considering selling their neglected class rings, corporate gold pin, or the 70’s gold rope style chain.
If you have reason to believe that you are holding onto a solid gold, 24k piece, then you are in a great position to sell your piece. Unfortunately, 24k gold is rarely used in jewelry because it is too soft for the durability required of jewelry. Solid gold is most commonly found in other regions of the world, including India, China, Russia, Europe, and South America. In America, gold jewelry is usually 10k, 14k, or 18k yellow or white gold.
Just because a piece isn’t pure gold doesn’t mean it doesn’t have a high value. As mentioned above, the most commonly neglected jewelry found in people’s homes is 10k. 10 karat gold is most common in gold class ring jewelry, gold chains, and gold earrings, and these items tend to be darker in appearance than solid gold jewelry due to the higher concentration of other metals.
Sell Gold in Our Pawn Shop in Quincy
If you’d like to sell gold jewelry and get cash for your pieces, then stop by our high-end pawn shop in Quincy, MA, to get a gold jewelry appraisal for free on your pieces. The process works like this:
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Step 1: Gather Your Gold Jewelry for Sale
Get together whatever gold jewelry that you believe may have value. We can give you cash for gold on many pieces. Just bring it in! You can also send us a picture or request a FedEx label.
Step 2: Evaluate and Separate Your Gold Jewelry
Next, we’ll go through and evaluate, appraise, and separate your gold jewelry by karat. We will determine whether you have a 10k, 14k, or 18k gold item to sell, pawn, or borrow.
Step 3: Determine the Value of Your Gold
After we evaluate your gold, we’ll look at the craftsmanship and brand of your pieces. Besides the precious metal value, we will also examine if your pieces are from luxury designers like Rolex or David Yurman, which may increase the value of your items, allowing you to receive the maximum cash for your gold jewelry.
Step 4: Weigh Your Gold
We use a certified sealed scale to weigh each karat of gold separately for the utmost accuracy so you know just how much gold you are selling (measured in pennyweights). After that, we’ll check the current spot price of gold for the most updated price of gold.
Step 5: Get a Cash Offer for Your Gold Jewelry
After multiplying the weight of your gold by the current market value, we’ll provide you with an instant, no-obligation offer for your gold. We will never pressure our customers to accept an offer! We give high payouts to our customers for both pawn loans and cash sales.


Types of Gold Jewelry We Accept for Cash or Pawn
How much jewelry do you have sitting in an old drawer or collecting dust in a jewelry box? How much of your jewelry is broken and awaiting repair, but you still haven’t gotten around to it? With our gold jewelry buying services, you can turn your forgotten jewelry into cash you can use for anything in a pinch.
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We Buy All Karat Purities
One thing that makes our high-end pawn shop one of the best places to sell gold for cash is that we are happy to accept all karat purities. Once you come into our store, one of our gold brokers will walk you through our gold-buying process and help you determine what type of karat purity your pieces are. We even buy 10k and sterling silver, which many stores will not purchase.
Designer Gold Jewelry
Selling your designer gold jewelry is a unique process that can help you earn even more cash for the gold you have. When you bring in a name-brand piece, such as Tiffany, Rolex, or David Yurman, we will not only look at the quality and weight of the gold, but we will take other factors into account as well. We resell many designer pieces right here in our Quincy, MA, showroom, and we know that sometimes these designer pieces are literally worth more than their weight in gold. We will assess the condition of your piece, the designer, and the style of your item, so you can get even more cash for gold right on the spot.
Gold Bracelets
Do you have old gold bracelets floating around the bottom of your jewelry drawer? If you do, one of our gold buyers can offer you a free estimate right on the spot. When examining gold bracelets, we first assess the karat purity and then weigh the piece to determine the amount of gold it contains. Then, of course, we multiply that by the current gold rate in the market.
The great thing about bracelets is depending on the style and thickness of the piece, your gold bracelets may actually weigh more than you think — meaning more cash in your hand. As a general rule, the heavier the gold, the more cash you receive.
Gold Chains and Necklaces
Gold chains and gold necklaces are some of the most common pieces we see in our pawn shop. When our gold buyers look at gold chains and necklaces, they are, of course, looking first at the overall karat purity of the piece to determine how much real gold is actually in that item.
The chain and the pendant on the necklace may actually differ when it comes to karat purity, so our expert gold brokers will examine both items and then weigh them to determine the final amount of gold in the piece. After we check the daily spot gold rate, we will provide you with a cash offer right on the spot for your pieces.
Gold Rings
Gold rings may be some of the smallest pieces that customers want to trade in for cash, but they are also sometimes the heaviest as well. There can be a lot of gold content in rings, which is why they are such a popular item to both sell and pawn-loan. When you come in to sell gold rings for cash, we will look at the karat purity, weight of the piece, and the current value of gold in the market before we make you an offer.
Gold Rings With Diamonds
Does your gold ring have diamonds in it? This can completely change your offer as we can present you with an appraisal that includes the diamonds, or one that only accounts for the gold.
Gold Pendants
Loose gold pendants sitting around your home? Gold heart pendants and gold circle diamond pendants can add up to cash in your pocket. You can actually get cash for these gold items, even if they are missing their chain or pin. We will take a look at your gold pendants to determine their karat quality and the piece’s weight. From there, we will use up-to-date market prices to make you a competitive cash offer right on the spot. We make the process as easy as possible, so you can get in, get out, and get your cash in under a few minutes. We understand that people have to work, sit in traffic, pick the kids up from school, and live their daily lives. We do it too!
Gold Earrings
Gold earrings are often a great way to earn some extra cash for gold that you aren’t even using. Many of our customers are surprised to discover the substantial gold weight in even the smallest earrings. Gold hoop earrings, gold stud earrings, gold and diamond earrings — if it’s gold, it has a cash value.
Once we weigh the item and determine whether you have a 10k, 14k, or 18k gold earring, we will make you a cash offer. You don’t even need the matching pair — meaning you can make cash off that one mismatched gold earring you are still hanging on to.
Gold Coins
Many people have gold coins that have been sitting in safety deposit boxes for a long time and have no clue what to do with them. If you want to sell gold coins for cash, you’ve come to the right place. We can make you a cash offer on your gold coins, allowing you to walk away with real currency in your pocket. We purchase United States gold coins, Russian Gold Coins, African Gold Coins, Canadian Gold Coins, Chinese Gold Coins, South American Gold Coins, Mexican Gold Coins, Indian Gold Coins, and more!
There are many rare, unique, and valuable gold coins out there right now, ranging from American Buffalo Coins and PCGC, NGS, Graded Investment Grade Coins to $20 Liberty Gold Coins and even “Double Eagles.” We have an extensive, up-to-date list of the current values of all these coins.
Gold Charms and Charm Bracelets
Gold charm bracelets can be great pieces to sell when you want cash for gold or even a short-term loan for your gold products. When you have gold charms and charm bracelets to sell, we will start by separating your bracelet from the charms. Many times, your gold bracelet may be even higher quality than the charms you collect — meaning more money for your gold.
After weighing your gold charm bracelet and all your coordinating charms, we will make you an instant, no-obligation offer for your piece, so you can see just how much cash you can get for the gold you have.
Men’s Gold Jewelry
While women’s gold jewelry is a more commonly produced item, it doesn’t mean men’s gold jewelry isn’t just as valuable. In fact, we see a lot of men’s gold jewelry, such as gold rope chains, Figaro chains, and Cuban link gold bracelets. From pocket watches and rings to tie bars and cufflinks, men’s jewelry can be a great way to earn cash for the gold that you have.
One of the great things about men’s jewelry is that many times, it is made to be bigger, heavier, and stronger than other pieces. This means you often have a much heavier piece of jewelry on your hands, and more gold to sell. Bring in your men’s gold jewelry, and we will determine its karat purity, weigh it, and use today’s gold prices to make you a cash offer on the spot.
Gold Omega Jewelry
Gold omega jewelry pieces are always great gold items to sell. This is because they tend to be thicker and heavier and have gold all the way around the piece. If you have one of these gold items in your jewelry box, bring it in and let us offer you a free assessment. We will weigh your omega gold necklace or omega bracelet and determine how much gold you have and what purity it is. Then, using up-to-date information on gold prices, we will make you a cash offer for your gold right on the spot. No obligation. No pressure. Just a cash offer you can take or leave at your convenience.
Scrap Gold
Our pawn shop is always happy to take gold jewelry in any condition for cash on the spot. We offer high cash payouts for your old, broken, or unwanted gold jewelry. However, we don’t just deal in gold jewelry. If you have scrap gold sitting around that is broken or that you think is unusable, we may be able to make you a cash offer for your scrap gold. It is a great way to turn something you weren’t using into cold, hard cash.
Foreign Gold Jewelry
Want to get cash for gold near me on your foreign gold? If you have foreign gold, international gold jewelry, or gold coins from different countries, we are able to make you a cash offer today.
Did you know that different countries actually have different standards for their gold karat purity levels? For example, in Europe, a piece of jewelry can be 9K (.375 stamp), whereas in the United States, the minimum is 10K. At our Quincy pawn shop, we are happy to make you an offer on your gold and gold jewelry, no matter what country it was made in.
This includes:
- French
- Portuguese Gold or Brazilian Gold
- Russian Gold
- Saudi Arabia Gold
- India Gold
- European Gold
- Italian Gold
- Chinese Gold
- Malaysian Gold
- Vietnamese Gold
- Mexican Gold
Our gold buyers have a great deal of experience in foreign gold and can weigh your items, consult market rates, and help you get the best cash offer for your gold, no matter where the items came from.
Trusted Gold Jewelry Buyers Near Boston
If you’re near Boston, South Shore, Quincy, Dorchester, Milton, Braintree, Hingham, Cohasset, Weymouth, Randolph, Holbrook, Rockland, Abington, Hanover, Norwell, Marshfield, Pembroke, Hanson, Whitman, Mattapan, Lower Mills, or elsewhere in Plymouth County, stop by our store to sell your gold jewelry for cash! Our respected gold jewelry buyers are ready to assist you with buying or pawning gold. Contact us today to learn more!