A private buyer vs. a jeweler will most likely have very different buying prices.
MARQUETTE TWP. -- When you're selling jewelry for cash, you want to be sure that you're getting the best deal.
Some people bring their gold and silver to a jeweler, and others go a different route....like sending your jewelry through the mail.
"I was nervous about {sending it through the mail}, but my husband said people are doing this all the time, we didn't send a huge amount. We started off with just a couple of things and it worked out fine," Suzanne Mills said.
Your gold or silver will first be valued, and then, the buyers will give you back the amount of money that your items are worth.
Some jewelers, like Jandron's Fine Jewelery in Marquette, will even report the gold or silver to the police to make sure it is isn't stolen.
Because there are so many avenues to sell your jewelry, a private buyer versus a jeweler will most likely have very different buying prices.
"I would recommend to everyone to be very careful when you sell. Make sure you know who you're selling to and trust that company," Jandron's President, Neil Jandron said.
This past year, Jandron's Fine Jewelry store bought over 1,500 items, and not all of them were jewels.
They accepted any form of gold or silver, whether it was coins or instruments.
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