Can I sell broken jewellery?

If you have some broken jewellery lying around in your drawers or jewellery box, you might be wondering if you can sell it and make some money. The answer is yes, you can sell broken jewellery, but you need to know how to do it right. In this article, we will explain the different options for selling broken jewellery, the pros and cons of each one, and how to get the best price for your precious metals.

Why sell broken jewellery?

Selling broken jewellery can be a great way to make some extra money and declutter your home. You might have some jewellery that is damaged, outdated or has no sentimental value, so rather than letting it collect dust at home, why not sell it instead?

How to sell broken jewellery

There are different ways to sell broken jewellery, but the most common ones are:

Sell your broken jewellery to a scrap metal dealer

A scrap metal dealer will buy your jewellery for its precious metal content and melt it down. You can find scrap metal dealers online or in your local area. They will usually pay you based on the weight and purity of your jewellery.

Repair and sell your broken jewellery

This is a good option if your jewellery has some minor damage or is of sentimental value. You can take your jewellery to a jeweller who will fix it and restore its former appearance. This can increase its value and attractiveness, making it easier to sell. However, you will also have to factor in costs for the repair service and find a buyer who is interested in your jewellery.

Sell your broken jewellery online

Selling your gold online is the most convenient way to sell broken jewellery. You can list your jewellery on online platforms or apps that connect you with buyers who are willing to purchase broken jewellery. You can reach a wider market and get more competitive prices this way, especially if you use a gold price comparison website which will be able to help find the best deals.

What to be aware of when selling broken jewellery?

Selling broken jewellery can be a great way to make some cash, but it’s also important to be aware of the potential risks and challenges. Here are some things to be aware of when selling broken jewellery:

• Know the value of your jewellery: Broken or damaged jewellery can still have value, so you should always check how much it’s worth before selling it. Check the current market prices of gold, silver and platinum, and consider weighing your jewellery to calculate its purity. This will help you avoid getting ripped off by buyers who offer low prices or charge high fees.
• Compare different options: Don’t settle for the first offer you get. Compare different options and see which one offers the best price and service. You can do this by calling or visiting local jewellers or pawn shops, reading reviews and testimonials from other sellers or by using gold buyer comparison sites.
• Be careful with online transactions: If you decide to sell your jewellery online, make sure you use a reputable gold buyer site with positive reviews. When comparing sites, you may also want to consider factors such as:

1. How long will it take to get a valuation?
2. When and how will I get a pay out?
3. Where is the gold buyer based?
4. Will I have to pay to have my items returned?

Final thoughts

Selling broken jewellery can be a smart and easy way to make some cash and clear some space in your home. You can also help the environment by recycling the precious metals that are in your jewellery. However, it’s always worth familiarising yourself with how to sell your jewellery the right way and avoid some common pitfalls which could lead to you getting ripped off by unscrupulous buyers.

If you’re looking to sell your broken jewellery, why not check out the Gold Selling Process section of our website? As an impartial, independent postal gold buyer comparison site, we are committed to helping you find the right buyer, ensuring you get the best value for your broken jewellery.