Tag Archives: gold trade-in

Trade-ins, They’re Not Just For Cars Anymore

I just found a great article over at the Pocono Record dealing a marked increase in customers who trade in their old and broken jewelry towards new pieces or even cash.  Remember that you can trade in your old jewelry here at Kranich’s where we would be glad to help you.  Special thanks to Melanie Vanderveer for this informative article.  I’ve included an excerpt below.

“Gold is at record or near-record price, so if you are desperate for money, sell your gold,” said Kathy Kristof, author of “Investing 101” and a syndicated financial columnist featured in the Pocono Record. “But I suggest that people think about trying to sell it for the jewelry value rather than the gold value, if possible. You only get a fraction of the value on the gold.”

Knowing what you have is important, and getting an appraisal can help you to decide if you really want to trade the gold for cold, hard cash. Sometimes selling the jewelry, rather than just the gold, is the way to go, according to some experts.

“You should get an unbiased appraisal by an expert that doesn’t want to buy it from you,” said Dr. Lori, a nationally syndicated columnist featured in the Pocono Record and certified fine art and antiques appraiser. “If you know what your piece is worth and you are getting a good deal, then go ahead and sell. But you really need to know what you have and how much it is worth, and then negotiate.”

Remember that if you would like to have your jewelry remounted or just have some old jewelry that you aren’t wearing or even broken jewelry, give us a call at Kranich’s Jewelers.  We would be glad to help you with all of your jewelry needs.

For questions about how to trade in your jewelry or for more on any specific piece from Kranich’s Jewelers, visit Kranichs.com or call 888.944.4575 and we will be happy to help you.