New England Diamond & Jewelry Buyers is dedicated to providing the highest quality service and fair prices for your gold items in any format or condition.
If you have any old, broken or unwanted gold jewelry, watches, coins, dental gold, or any other type of scrap gold, we are here to help. Our team of experts will carefully evaluate your gold items and offer you a fair and competitive price.
The process can be quick, most appraisals take 10 to 15 minutes. There is no pressure to sell and if you are ready we can cut you a check in minutes.
How we determine the value of your Gold items
Our team will consider several factors when offering you a price to buy your gold items.
Weight: The weight of the gold or jewelry is a crucial factor in determining its value. We will weigh the items in front of you and share the weight.
Purity: The purity of the gold or jewelry is also an important factor in determining its value. Gold purity is measured in karats, with 24 karat gold being the purest. We will inspect each piece looking for purity markings like 18k or 14k. If we can’t find a marking we might use a magnet since gold and silver are not magnetic. Then we will use a testing kit to determine the purity of the gold. All of this is done in front of you with each step explained.
Often, you can find a mark on your jewelry telling you the type of gold. 24k is the highest karat level and is 100% pure gold. 18k gold is 75% purity, 14k gold is 58.3% purity and 10k gold is 41.7% purity. So anything less than 24k means that the gold has been mixed with other metals such as copper (creating rose gold), nickel (creating white gold) and silver which is why it is not as valuable as 24k gold.
Market value: The current market value of gold is another factor that can influence the price offered. Gold prices p_bottom_left_rightcan fluctuate daily, so it’s important to be aware of the current market value.
How we determine the value of your gold jewelry and watches
In addition to looking at the value of the gold in your jewelry and watches we will consider several other factors.
Condition: The condition of your item can impact its value. We will walk you through what we see and explain any concerns we have if the item is scratched, broken or other factors that might decrease its value.
Brand or Designer: The brand or designer of the jewelry and watches will impact its value, as some brands or designers may be more desirable or in demand than others.
Gems: We will evaluate the value of your diamonds and gemstones separately. You can learn more about this process on our diamond page.
How we determine the value of your gold coins
When buying gold coins we need to consider …
We understand that selling your gold can be a daunting experience, but we strive to make the process as easy and transparent as possible. We will walk you through every step of the process, answer any questions you may have, and ensure that you feel comfortable and confident throughout.
We pride ourselves on our honesty, integrity, and professionalism. You can trust that you will receive the highest level of customer service and the best possible value for your scrap gold.
So if you are looking to turn your unwanted gold items into cash, look no further than our scrap gold buying business. Contact us today to get started!