With Gold Reaching an 'All-Time' Record High of $1,350 per oz., When Is the Right Time to Sell My Unwanted Gold Jewelry?

Oct 13, 2010, 09:00 ET from USGoldBuyers.com

NEW YORK, Oct. 13 /PRNewswire/ --This is a relevant question that many people ask themselves before deciding to part ways with their unwanted gold jewelry. Many have accumulated jewelry from a divorce or past relationship while others pass these precious metals down as estate pieces. Consumers may feel guilty selling jewelry that has sentimental value and are therefore difficult to let go. Subconsciously, keeping these unwanted items can be painful; having a ceaseless reminder of the individual who broke your heart or passed away. Should you sell estate jewelry or a coin collection that you've inherited? Some may cherish certain items and have them passed down from generation to generation but the rest may be sold and the cash can be converted to something useful. "With gold prices breaking 'all-time' record highs, 31 grams of 14 KT gold at around the $1,350 mark fetches you approximately $710 per oz. It is a great way to pay your bills, take a much needed vacation, or generate some extra income," states Jose Caba, Account Representative from www.USGoldBuyers.com.

Other consumers have discovered old, unwanted or broken jewelry collecting dust in dresser drawers. Wedding rings, earrings, necklaces, bracelets, and even gemstones that have been broken for years may be too high-priced to repair but too valuable to throw away. "Many of our clients have a hard time giving up old jewelry, especially if it has sentimental value, but here at www.USGoldBuyers.com we offer the highest prices for your gold which makes it a little easier to part ways." - Kevin Morris, Public Relations Director.

Sometimes a piece of jewelry is out-dated or out-of-style. Whether or not you no longer like yellow gold and prefer white gold, silver, or platinum, you may recycle your unwanted jewelry by selling to a reputable buyer and upgrade to more stylish treasures. "Not only are consumers selling their unwanted jewelry at a record pace, the economic recession has pushed many to seek new opportunities by learning to buy & sell gold and other precious metals from our sister company called www.USGoldBuyersAcademy.com." – Alan Silverman, Project Manager.

Although critics and investors warn gold is the latest frenzy and its bubble will eventually burst, the average consumer is taking advantage of record breaking prices and cashing in on the highest payouts in years. Before deciding to sell gold, it is in the consumer's best interest to research a company before conducting business with them. Reading testimonials and confirming they are accredited by the Better Business Bureau and licensed by the Dept. of Consumer Affairs are great ways in determining the credibility and reputation of a precious metals company. Rather than finding the right time to sell, the real key to getting the most out of your unwanted jewelry is finding the right buyer.

CONTACT:  Kevin Morris, +1-212-764-7586, USGBNYC@gmail.com

SOURCE USGoldBuyers.com