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Know your options when selling gold jewelry,replica small van cleef necklace

"Obviously, if I had known in 1955 how much gold was going to be worth, I would have bought a half dozen class rings and stashed them away," said the 73 year old retiree, who plans to use the cash on a trip to Las Vegas next month.

Streett is among the many who have joined a modern day gold rush. As economic struggles continue, many consumers have scoured jewelry boxes and drawers for baubles that have gone unworn for years but could bring extra cash. Smyth's store in Baltimore County has bought jewelry from about 12,replica vintage alhambra necklace 10 motifs,000 customers this year,replica mini van cleef necklace, double the number from all of 2008, and 12 times the typical annual number.

Most jewelry being sold by consumers is melted down for its gold, which is then resold. (If you're selling an heirloom or collectible say,van cleef alhambra necklace replica, a gold Rolex watch you'll command a higher price if you sell it as is, instead of for its meltdown value.)

There are plenty of buyers for scrap gold. Besides the traditional avenues pawnbrokers, jewelry stores and coin dealers some online sites invite you to mail in your gold and within days receive a check.

If you want the best price for your gold, though, you must do a little homework. Prices vary widely among buyers.

A Consumer Reports survey found that traditional buyers paid three or four times as much as some Web sites. And an informal survey last week by the Baltimore Sun found a wide range among traditional buyers as well.

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