- 1). Put a classified ad in the local newspaper. The Bay City Times classified ads has an area for Bay City residents to list items for sell. This is a great way to let the local public know that you have gold jewelry available. One should obviously exercise caution when dealing with strangers, but this can be a quick and easy method of selling your gold jewelry as long as you use a little common sense.
- 2). Sell your gold jewelry to one of Bay City’s fine jewelers. Bay City is full of jewelry stores who will buy your gold jewelry, clean it and place it for sale in their store. Others will at least offer to put your jewelry in their store on consignment, and collect a commission when it sells. Some of the jewelry stores in Bay City that you might show your gold jewelry to are Herman Hiss (989-892-2567), Showcase Jewelry (989-684-0490), Simmons Jewelers (989-893-4653), Andrews Fine Jewelers (989-686-3982) and JB Robinson Jewelers (989-686-8588).
- 3). Sell your gold jewelry as scrap. Some companies will pay you the wholesale value based on the weight of your gold, simply so that the gold can be melted down and made into something new. This is particularly useful if you have broken or damaged jewelry that no one else wants. While there are no precious metals dealers in Bay City, there are a couple in near by Flint, Michigan. If you don’t mind making a short road trip, you can sell your gold jewelry to Direct Gold & Diamond Company (810-230-0179) or to National Gold and Diamonds (810-235-2035).
- 4). Auction your gold jewelry at an online auction site, such as eBay. If you aren’t happy with the offers you are receiving locally, then you may want to consider selling your gold jewelry in an online auction. Many times you'll get a better price from someone in another area, who may consider your particular item a highly sought-after treasure. Just be careful not to accept bids from anyone outside the US, and to pay close attention to the person’s feedback rating.
- 5). Use a digital scale to weigh your gold jewelry, then check the current market rates online (see Resources). This will allow you to know if the offers you receive are fair market value, or if someone is trying to steal your gold.
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