The Jewelers and Loan Co., Quincy MA | Estate Jewelry Appraisal

Estate Jewelry Appraisal

Cash for Gold Jewelry Store

 

The Jewelers & Loan Co. Quincy, Ma is a Cash for Gold Jewelry Store.  For thousands of years, gold has been one of the most valuable forms of precious metal in the world. While gold was used as a currency for centuries, today many people are wearing this valuable, yellow metal (and sometimes white metal), right around their neck as finished gold jewelry. Most people have received or purchased gold jewelry that is sitting in the bottom of an old drawer or collecting dust in a jewelry box or even a safety deposit box at your local bank. You may have broken bracelets, bangles, earrings, or other gold jewelry you might want to upgrade by turning them in for cash.

While gold may be more prevalent today as jewelry than it was in the past, it is still very valuable. A small amount of gold jewelry can be worth a hundred dollars or thousands of dollars, depending on its weight, karat purity, and possible brand name premium. About half of the gold produced in the world is used to make jewelry, but around 40% of that gold is actually used in investments, because while stocks rise and fall, expire and sell out—history has shown that gold lasts forever and has retained its value as asset year after year.  Gold prices can move up and down, and now is a good time to get some cash for your gold jewelry!

cash for gold jewelry store

Picture of a miner's ball - gold rush - cash for gold jewelry store

The history of gold as we know it today, actually started much like a gold pawn shop. In this setting, there was a  lender at a counter loaning money for gold, taking coins as collateral and issuing credits for farming, blacksmithing, for aristocrats and other occupations. At the Jewelers and Loan Co. Quincy, MA, we appreciate the history of gold and think there is a place for it in pawn shops, jewelry stores, and eventually even local banks which could utilize it in their banking services. We will talk more about gold and its future use in the pawn industry throughout the GoldPawnerShip vision.

Most Americans view jewelry pawn shops in a negative light. We have a different vision at The Jewelers and Loan Co. Quincy, MA, and so does Europe. Contrary to stereotypes of your local gold pawn shop, in France and India,  local banks act as local gold jewelry pawn shops where customers are able to go into a branch to borrow money for gold. Borrowing money on your gold is not viewed in a negative manner in these settings, but rather as a prudent, socially acceptable and culturally appropriate way to access the cash flow one needs. Overseas, gold jewelry is generally viewed as a gold investment purchased in local denominated currency. In America, the karat of gold most commonly found is fourteen karats (14k) or .585% pure gold, with copper, zinc, palladium, and silver alloy mixed into the jewelry for durability.

Many customers from Quincy, Boston, Milton, Dorchester, Weymouth, and the south shore of Massachusetts come to our Quincy, MA pawn shop to sell gold pieces of jewelry, or even dental gold, in virtually any condition, that they have and no longer have use for. It doesn’t matter what you bring your jewelry in, how dirty it is, or whether you bring it in an old Ziploc bag—we welcome every type of gold in our Quincy pawn shop.

Karat purities for Cash for Gold

Customers looking to have their gold jewelry organized by karat purity, weight, and using the current gold spot price to get an accurate cash selling price for their gold jewelry can come in during normal business hours, FedEx their items, or simply make a private appointment by calling us at 617-479-GOLD (4653).

We offer short term pawn loans for customers who want to use the value of gold (or many other What we Buy & What we Pawn Items) to get some temporary cash in their pocket for personal cash flow needs. Simply put—we buy and offer short-term loans.  Gold collateral pawn loans are safe, secure, confidential, and require no credit check. We believe in safe and confidential transactions and always make sure that you receive the most fair-market, second-hand, cash-price for your gold pawn or the many items we pawn and buy.

While pure gold itself is precious and often quite expensive, not all gold is created equally. The gold that most people have sitting around in their homes in the form of high school rings, college rings, masonic rings, or fraternity rings is likely 10k, .417, 417%. So, before you decide to sell, it is important that you are able to determine the value of the gold that you have, so you can make the most informed decision possible when you are interested in pawning or selling your gold.

A pile of various gold jewelries - cash for gold jewelry store

Today’s current spot gold price Cash For Gold

The Gold Spot price chart is live right here to the left; along with Silver Spot Price, Platinum Spot Price, & Palladium Spot price.  If you are looking for a gold jewelry store or gold pawn shop near you that buys gold on today’s spot gold prices, we can assist. Selling gold isn’t always as straightforward as it seems. Before looking at selling your specific gold jewelry, gold bullion, gold wristwatch, gold bracelet, gold chain, gold pendant, or broken/ unwanted earrings, to determine its value—you need to know the value of the gold itself, by first knowing what the current up to date gold spot price is at the time you wish to sell.

The current market gold spot price fluctuates daily. The Monday through Friday trading of gold future contracts and physical gold helps establish the Daily Gold Spot Price.  The gold market spot price provides the foundation all over Massachusetts and the world for the cash and check prices paid out by jewelers, pawn shops, pawnbrokers and gold buyers every day. It is the current daily, spot-gold price that sets the pricing for the second-hand gold market.

Why do you need to check today’s spot gold prices for cashing in my jewelry?

You should always know the daily spot price for pure 24 karat gold or .9999 troy ounce (ozt). For reference, there are 20 pennyweights in 1 troy ounce which is also equivalent to  31.1 grams). Before you decide to sell or pawn an item—no matter which pawn shop or gold broker you decide to work with, it is important to be informed about the daily spot prices for gold and silver.

Just like gas prices and the stock market, the price of pure .999 gold is constantly changing and fluctuating with economic conditions. This is why we encourage anyone looking to get pawn loans or cash for gold to check the spot gold, silver, and platinum price before you sell, pawn, borrow, or get your items appraised.

The value of gold today may not be the value tomorrow, so it is important that you look up the current spot price of gold to help you obtain the best value for your gold jewelry. Checking spot gold prices can help you determine the best time to sell your pieces. Generally, you can use our convenient gold calculator for an estimate of the cash value on your gold jewelry or any type of gold you may have. In the 1970s, gold spot prices were under $200 per troy ounce and in the 1980’s prices ranged from a low of mid $280 to as high as $850 per troy ounce.

A pile of jewelry - cash for gold jewelry store

A person weighing a gold necklace on a scale - cash for gold jewelry store

Determining the Value of Your Gold for Cash

When you have gold jewelry you are considering selling for cash or payment by check, it can be extremely difficult to determine just how much cash you will be able to get for your gold at your local pawn shop, jeweler, or gold buyer. Fear not, for it is actually a quite simple process. You may be able to get in and out of the shop in a few minutes. 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.

Just because a gold piece of jewelry looks beautiful and is in great condition, it doesn’t necessarily indicate how valuable that piece is. Whether it’s gold scrap or gold jewelry, the appearance of the piece is less important than the quality of the gold or the karat purity, the weight in grams, pennyweights, or troy ounces and the current spot gold price of that day. Additionally, if the piece comes from a brand that is considered luxury or high end, or if there are genuine diamonds in the gold jewelry, that can bring additional value.

At the Jewelers and Loan Company of Quincy, Massachusetts we are always happy to provide you with a free, no obligation gold jewelry appraisal that is limited by the amount of jewelry that you have, right here in our Quincy, MA office.  Ideally we would provide a free estimate to purchase to every customer, however, if you have a large amount of jewelry, a sorting and organizing fee may apply. However, we are happy to provide a price estimate when we can in order to help educate our customers. pawner

How can I maximize the cash I receive for my gold or gold and diamond jewelry?

Sometimes selling your jewelry to a local pawn shop or jeweler is not the best way for you to get the most amount of money for your jewelry. We recommend occasionally selling the gold jewelry or ring privately to a buyer on online reputable platforms such as Ebay, Facebook, Etsy, PoshMark, and others that might pay more than a local jeweler would otherwise pay.  The most common jewelry that is best suited to be sold online includes smaller diamonds under a half carat, or finished jewelry with carat total weight of diamonds. (This may include jewelry that has, for example,  twenty diamonds that equal one carat).  Most customers buy a piece of jewelry for the attractiveness or style, and not for the resale value. Often, when a marriage or relationship doesn’t work out or jewelry is upgraded, that painful memory generally wants to be forgotten, and the natural reaction is to sell the jewelry.  When you purchase gold, you should aim  to buy based on purity and weight.  For example, if a lady were to buy a Cuban link for her gentleman, obtaining a used, second hand chain is a prudent purchase due to its smaller premium over what the metal is actually worth intrinsically. Most customers do not care about the intrinsic value or the resale value of the jewelry they purchase, but it is often just an afterthought. Quality jewelry, value jewelry, or discounted second hand jewelry are all options to a buyer of jewelry or a seller of jewelry.  It might cost you more money to purchase a quality piece, but the resale value is higher on percentage terms.  Gold plating, or pieces that hold “diamond carat total weight” as described above are generally items to steer clear of, as these do not hold much resale value

An angry woman with steam coming out of her ears- cash for gold jewelry store

Why did my gold and diamond ring at Kay Jewelers, Zales, Jared’s, or Piercing Pagoda, cost so much yet I cannot get anywhere near what I paid for it?

Oftentimes with big box jewelry retailers, their payrolls and other expenses such as rent in malls, marketing, and promotions are high, so they pass the cost along to the customers. These large retailers have become efficient at selling large volumes of jewelry out of their brick and mortar stores as well as their heavy online presence. Dealing with independent jewelers generally provides a better experience than the large big box retailers with employees who have little vested interest in their company and customer experience.  The diamond buying experience is personal and having a face to face conversation with a jeweler who cares about the customer is something that an online sale can not replicate.  Additionally, most purchasers of jewelry do not think about what the resale value of their jewelry will be in the future, and this may cause frustration when customers go to sell their pieces later

Gold Jewelry under a magnifying glass - cash for gold jewelry store

How do I know if my jewelry is real gold?

Unfortunately, not all that glitters like gold is genuine gold.  One should be careful when determining if an item is authentic. Just because there is a stamp, does not mean an item is a 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. While a piece of jewelry may look expensive or high end, it doesn’t necessarily mean that it is made of real gold. The first and easiest way to determine authenticity is to look for a small karat mark or a manufacturer’s trademark stamped on the inside of a clasp, inside of a gold ring, on the end cap of a gold Figaro bracelet, or even a tiny mark on a gold diamond earring post. You will likely see a number stamp or 18k, 14k or 10k on your item, numbers such as 750, 417, 585, 916, 999, 375, or the word “gold plum.” We often see customers come in with stamped genuine gold on jewelry, but we’ve also seen customers who have purchased gold chains and gold jewelry from a friend, thinking that the item was authentic and that it was a “good deal” only to find out the item wasn’t true gold.

Of course, we will be happy to take a look at your gold jewelry or gold coins and determine their quality and authenticity for you right here in our Quincy, Massachusetts gold jewelry pawn shop. 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?

Very simply, 10k means ten-parts pure gold or 41.7% pure. 10k/24k = 41.7%. 14k means fourteen-parts pure gold out of 24k. In other words, 14k/24k= 58.5% pure and so on. Most people will have a general idea of what type of gold they are dealing with when they are ready to sell their old ten karat class rings, corporate gold pin, or the 70’s gold rope style chain that Mr. T used to wear along with everyone in the ’50s through early 2000s (It is coming back in style!)

If you have something that is 24k, then it is pure gold, which is the best quality of gold. However, chances are, this won’t be in the form of a piece of jewelry, as it is too soft to use in jewelry pieces. This is often found in India, China, Russia, Europe, and South America where higher karats of gold in jewelry are more common. American gold jewelry is usually 10k, 14k, or 18k yellow or white gold.

Gold jewelry that is 18k is very high in gold purity. This means it is made with 75% pure gold and other metals such as copper, zinc, palladium, and a little silver to help strengthen the piece. A simple rule to follow is the higher the karat of gold, meaning 10k, 14k, 18k, 20k, 22k, and even 24k, and the heavier the jewelry, the more money you would receive.

Jewelry that is 10k gold is made up of more metals than gold and is actually only 41.7% pure. Ten karat gold is most common in gold class ring jewelry, gold chains, and gold earrings, and these items tend to be slightly darker than 14k and 18k jewelry.

My gold jewelry has a 585 stamp on it. What does that mean?

If your gold jewelry has a 585 stamp on it, then it is likely 14k gold. This stamp comes from the simple equation 14k/24k= 0.585, which is where the stamp came from.

My gold jewelry has a 417 stamp on it. What does that mean?

When a piece of gold jewelry has a 417 stamp on it, then it is likely a 10k piece of gold jewelry. This is because 10k gold is 41.7% pure.

My gold jewelry has a 750 stamp on it. What does that mean?

Gold jewelry that has a 750 stamp on it is likely 18k gold, or 75% pure gold. You will likely notice these pieces are brighter yellow in color thanks to a large amount of pure gold in them.

My gold jewelry has a 375 stamp on it. What does that mean?

These stamps are not very common as they are typically only used on European jewelry items such as Claddagh rings, Celtic Crosses, and even old pocket watches. Gold jewelry with a 375 stamp on it is likely 9K and tends to be very dark in color.

What is gold filled or gold overlay jewelry?

Many customers come to us looking to sell gold jewelry pieces that are “gold filled.” This is a very common way to make jewelry today and while it gives off the appearance of solid gold jewelry, it isn’t the same.

Gold-filled jewelry, also known as a gold overlay, is made by using heat and pressure to apply a layer of karat gold to a base metal. This creates an “overlay” of gold on top of the metal.

In order to qualify as a gold-filled piece, the karat of gold in each item must equal at least 1/20 of the total weight of that item. Gold filled pieces can also be 2/20 or 5/10. Gold filled items typically do have a cash value since a certain amount of gold needs to be used to create these pieces.

My gold jewelry has a 585 stamp on it. What does that mean?

Many customers come to us looking to sell gold jewelry pieces that are “gold filled.” This is a very common way to make jewelry today and while it gives off the appearance of solid gold jewelry, it isn’t the same.

Gold-filled jewelry, also known as a gold overlay, is made by using heat and pressure to apply a layer of karat gold to a base metal. This creates an “overlay” of gold on top of the metal.

In order to qualify as a gold-filled piece, the karat of gold in each item must equal at least 1/20 of the total weight of that item. Gold filled pieces can also be 2/20 or 5/10. Gold filed items typically do have a cash value since a certain amount of gold needs to be used to create these pieces.

What is gold plated jewelry?

Gold plated jewelry is another type of jewelry that may give off the appearance of solid gold but is actually made mostly of other metals.

If a piece of jewelry is gold plated, it means a very thin layer of gold color or real gold is deposited on top of a metal base. The color will look similar to 14kt gold. In most pieces, this plate is only about 1/1,000-1/1,00,000 of an inch.

Typically, you will see 14KGE or 18K GEP stamps on gold plated items. This type of gold has very little value.

So, what is the difference between gold plated and gold filled?

Gold filled jewelry has a significantly larger portion of gold in it, as opposed to gold plated. Typically, gold filled jewelry will hold a greater cash value, slightly more than silver jewelry.

Gold rings and money next to a wad of rolled cash - cash for gold jewelry store

Selling Your Gold in Our Quincy, MA Pawn Shop

If you want to sell gold jewelry and quickly get cash for your pieces, then you should stop by our Pawn shop in Quincy, MA to get a free gold jewelry appraisal on your pieces.

Here’s how the process works:

Step 1: Gather the Gold Jewelry You Want to Sell

Bring in any gold jewelry that you think may have value. We offer cash for gold on all types of pieces. If you aren’t sure—bring it in! Or send us a picture or request a FedEx Label.

Step 2: Evaluating and Separating Your Gold jewelry

Come visit The Jewelers and Loan Company of Quincy, right here in our Quincy, MA location. We will go through your pieces and evaluate, appraise, and separate your gold jewelry by karat—determining whether or not you have a 10k, 14k or 18k piece of gold to sell, pawn, or borrow.

Step 3: Determining the Value of Your Gold to Sell

Once we have evaluated your gold, we will look at the brand and craftsmanship of your pieces as well. In addition to the precious metal value, we also look to see if you have luxury custom pieces or designer jewelry like Rolex or David Yurman that may bring extra value to your items—so you can get the most cash for your gold possible.

Step 4: Weighing Your Gold

We weigh each karat of gold separately on a certified sealed scale to ensure the utmost accuracy—so you know just how much gold you are selling (measured in pennyweights). Then we will check the current spot price of gold for a to-the-minute update on the current price of gold.

Step 5: Getting a Cash for Gold Offer

Once we have multiplied the weight of your gold by the current market value, we will provide you with an instant, no obligation cash offer for your gold. You can take it or leave it—we never pressure our customers when we make them an offer! We offer high payouts to our customers for pawn loans and for outright cash sales.

We Buy All Karat Purities

One thing that sets our Quincy, MA pawn shop apart is that we are happy to accept all karat purities when we buy gold from our customers. 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 a lot of stores will not purchase.

What Gold Jewelry Do We Accept?

Here at our Quincy, MA pawn shop, we buy gold from customers who have all types of items to sell.

If you are not sure where you should sell your gold or are looking for an option to borrow cash short term (4-month borrow term*)—we are here to help. Here at The Jewelers and Loan Co. of Quincy, MA, we proudly offer free, no obligation gold jewelry appraisals for all of your gold pieces.

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 value, and how the process works.

What gold jewelry do we accept? Checkmark and X sign - cash for gold jewelry store

Selling Your Designer Gold Jewelry

Selling your designer gold jewelry is a very unique process and one that can help you earn even more cash for the gold that 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 look at 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.

How to Sell Your 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. With gold bracelets, we always start by looking at the karat purity and then weigh the piece to see how much gold there is. 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. A general rule, the heavier the gold the more cash you receive.

We Buy 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.

Selling Gold Rings for Cash

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.

With gold rings or any piece of gold jewelry you are looking to sell, we will look at the karat purity, weight of the piece and the current value of gold in the market, before we make you a cash offer.

Gold watches and rings - cash for gold jewelry store

Does your gold ring also have diamonds in it?

This can completely change your offer as we can present you with an appraisal that includes the diamond, or one that only accounts for the gold.

Getting Cash for Gold Pendants

Loose gold pendants sitting around your home? Gold heart pendants, gold circle diamond pendants can add up cash in your pocket. You can actually turn them into cash, 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.

Here at The Jewelers and Loan Co. of Quincy, we make the process as easy as possible, so you can get in, get out and get your cash quickly as possible in under a few minutes. We understand people have to work, sit in traffic, pick the kids up from school and live the daily life of living! We do it too!

Sell Your 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 find how much gold weight there is, even in seemingly smaller earrings. Gold hoop earrings, gold stud earring, gold, and diamond earrings, if it’s gold and it’s in an earring it has a cash value. From an old boyfriend, ex-husband, upgrading to a new style, or just sick of looking at it.

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.

How to Sell Gold Coins for Cash to the Nearest Pawn Shop

Many people have gold coins they have been sitting in the safety deposit box for a long time and have no clue what to do with them. Sometimes, sadly, upon death in a family and due to inheritance coins are sold to use for living expenses. If you want to sell gold coins for cash—then you have come to the right place. 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 so 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 on what all of these coins, including the rarest gold coins in the market are currently valued at by using the daily price sheet for coins.

We can make you a cash offer on your gold coins so you can walk away with real currency in your pocket.

We Buy 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 of your coordinating charms, and comparing them to the current value of gold, 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 that you have.

Cash for Men’s Gold Jewelry

Here at The Jewelers and Loan Company in Quincy, MA we are a jewelry pawn shop in beautiful Quincy, Mass and we see a lot of men’s gold jewelry from gold rope chains, Figaro chains, Cuban link gold bracelets. From pocket watches and rings to tie bars and cuff links—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. It is really that easy to earn cash for the men’s gold jewelry you have.

Gold coins with pandas - cash for gold jewelry store

We Buy Gold Omega Jewelry

Gold omega jewelry pieces are always great gold items to sell. This is because they tend to be thicker, 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.

Selling Your Religious Gold Jewelry

Religious gold jewelry is many times made with some of the highest quality precious metals and it can carry a great deal of weight in gold. We understand that whatever your faith is this might be difficult to do and not feel right about it. Whether you have a cross, pendant or ring, we can take a look at your gold religious jewelry and make you an instant cash offer on your pieces.

After carefully determining the karat purity of your piece, we will weigh your item and check the current gold prices to create a personalized, no-pressure cash offer right on the spot. We do it all here at our Quincy pawn shop so you can quickly get in, get your cash and get on your way.

In my honest opinion, I would delete this entire section. Of course, I’m more than happy to spend time editing it, and will gladly do so if you’d like to keep it. But just by looking at the site overall, I think there’s too much information on it. It could be overwhelming for a customer, and a lot of the information is repetitive. You have already listed exactly which gold items you will buy on the main “what we buy” page and that list includes all these paragraphs I’ve highlighted here. I don’t think this section adds value.

How to Sell Scrap Gold Jewelry for Cash to a Local Pawn Shop in Quincy, Massachusetts?

Here at The Jewelers and Loan Company Quincy, 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 at all into cold, hard cash. We focus on custom jewelry design, buying, loaning, pawning on gold jewelry, diamond engagement rings, loose or broken diamonds, sterling silver flatware, sterling silver jewelry, silver and gold coins, luxury Rolex watches, old antique currency, paper currency, and even old-tired houses we can purchase!

We can look at your scrap gold and determine what percentage of pure gold is in the items. We also look at the weight of your gold and current market prices to give you an instant, no-obligation cash offer.

We Buy Foreign Gold Jewelry

If you have foreign gold, international gold jewelry or gold coins from different countries, we are able to make you a cash offer today.

Different countries actually have different standards on their gold karat purity levels. For example, in Europe, a piece of jewelry can be 9K (.375 stamp), wherein the United States the minimum is 10K. Here 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.

What is a Troy Ounce Compared to a Measurement on an Avoirdupois Scale?

This sounds confusing, but it’s not! Standard measurements in our world today use an Avoirdupois scale. Using this system, there are 16 ounces in a pound. It is the scale most people use when they weigh themselves.

A Troy Ounce, on the other hand, is completely different. The Troy System is used to measure gold, silver, platinum, and other precious metals.

A Troy Ounce is heavier than an avoirdupois ounce.

The Troy Ounce used to measure gold, silver and platinum are around 10% heavier than your standard ounce. So, if you have 10 ounces of gold, it would weigh more than 10 ounces of chicken.

However, a Troy pound actually weighs less than an Avoirdupois or standard pound. This is because a Troy Pound has a completely different definition altogether. This type of pound only has 12 ounces in it, instead of 16. In other words, if you have 12 ounces of gold, you have a pound of gold.

How Many Grams are in a Regular Ounce vs a Troy Ounce?

Food is different than metal when it comes to weights. A Troy Ounce, which is used to measure gold, has approximately 31.1 grams in each ounce. A standard ounce or Avoirdupois Ounce is made up of 28.35 grams.

Get Cash for Gold Now!

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