If You Don’t Wear It, Sell It!

Americans love their jewelry. You can tell because the average American consumer spent $136.33 on jewelry in 2021, second only to China. And that’s not even considering that 42% of American inherited family heirlooms older than 50 years. As new and more fashionable designer jewelry becomes available, you may no longer have much use for your older, more expensive pieces. In this case, your best option is to sell it!

What’s the point of holding on to unused items? If you have a jumble of unused jewelry, gold, or silver pieces collecting dust in a box, selling them seems like the most practical option. You could use that money toward something that you actually use. Here is a look at why you need to sell unused items, tips to help you sell, and where you can sell jewelry.

Why sell it? All the gold, silver, or jewelry you don’t use can become profitable

Question is, why not? If you don’t wear it, sell it! That seems sound advice, as you won’t miss the pieces anyway. Moreover, you might use the proceeds to do something meaningful, such as supplementing your income or fund a special purchase.

Some options for selling jewelry include pawn shops, traditional jewelry stores, the virtual marketplace, and of course Doylestown Gold Exchange. You might make several hundred dollars or more based on the item’s make, model, and market value.

Statista reports that around 35% to 45% of Americans have valuable jewelry, merely sitting around doing nothing. What is the use in keeping that broken necklace, old bracelet, or other jewelry you never wear?

The value of these expensive items may diminish when you ignore them and leave them to gather dust. Get some money for your jewelry instead of letting it sit around unused. You can utilize the cash from selling your items to pay off debt, vacation, or buy new jewelry that catches your eye.

What unused items can you sell?

Tips for selling your unwanted items

1. Know the value

Don’t rush to sell until you have a clear idea of the value and authenticity of your item to avoid getting low offers. You can hire an independent third-party appraiser to help you determine the wholesale value of your item if you believe it to be valuable.

2. Set realistic values

It would help if you remembered that the buyer would also have to turn a profit after selling the jewelry or any other unwanted item. Demanding the full price for a piece is off-putting to potential  buyers, so you won’t find many takers, if any.

3. Where to sell

If you want a great bargain on jewelry or any other valuable item, an excellent place to start would be your neighborhood pawn shops. Since they have dealt with similar situations before, jewelers in your area can accurately assess your jewelry instantly and offer to buy it.

Sell your unwanted items with Doylestown Gold Exchange

We at Doylestown Gold Exchange live by this clarion call “if you don’t wear it, sell it!” Shed unnecessary items you don’t need and watch your bank account grow.

Further, we provide complimentary appraisals so you know what the item is worth before you offer it for sale. You are under no pressure to sell, and we promise to give you the most reasonable offer on your item.

We understand that the only way to succeed is to be fair to our customers, which explains why this family business has successfully dealt with precious metals for the past 20 years.

Contact us or book an appointment to appraise your jewelry and receive a fair offer on the pieces you no longer use.

Now is the Time to Invest in Gold and Silver – Here’s Why

For thousands of years, gold and silver have been valuable commodities. Historians believe that the allure of these precious metals began in ancient times when civilizations like the Egyptians and Incas established their symbolic value. In the modern era, investment experts point to its lustrous and metallic qualities, relative scarcity, and difficulty of extraction to explain why they’ve retained their perceived value. Investors often invest in gold and silver as a diversification strategy to preserve their wealth, thanks to the many advantages it offers, including:

Continue reading Now is the Time to Invest in Gold and Silver – Here’s Why

Doylestown Gold Exchange: A New Kind of Jewelry Store

Before opening Doylestown Gold Exchange in 2011, you started to see the landscape of what a traditional jeweler was begin to change as the economy hit a down ward turn and effected the buying habits of its’ customers. There were always local competitors, it was generally a family business serving a large, primarily wealthy multi-generational customer base that routinely purchased luxury jewelry. Then, the 2008 financial crisis hit, and a seismic shift in buying habits occurred. While some people continued purchasing new pieces, others were looking to liquidate their precious metal assets like gold, silver, diamonds, and coins. However, many jewelry stores didn’t buy these items and stuck to their traditional model, so their customers were forced to sell them elsewhere. That’s when we knew a new kind of jewelry store had to emerge.

Continue reading Doylestown Gold Exchange: A New Kind of Jewelry Store

Where is the Best Place to Sell Coins – Online, In-Store, eBay, Coin Shows or Private Sales? Your best return is DTG

The American Eagle Coin Program was launched in 1986. It had silver, gold and platinum coins for investors and was an easy way to add small amounts of these precious metals to investment portfolios. Today, these are semi-predictable assets that help make money. They offer benefits like inflation- barrier and high liquidity.

The global coin-collecting market size was more than $11.5 billion in 2020 and will grow at a CAGR of 10.2% between 2021 and 2027. But along with collection, you must also learn how to sell them in times of need or when the market is trending upwards. This article gives you a detailed idea of how to extract the estimated value of the coin. Continue reading Where is the Best Place to Sell Coins – Online, In-Store, eBay, Coin Shows or Private Sales? Your best return is DTG

Fall Jewelry: Colors and styles you will want to wear

The ready-to-wear trend cycle is a tricky beast, but jewelry is entirely different. Beauty accessories are more personal, intimate, and less likely to oscillate from one fashion trend to the next. So, it’s a delicate balance for jewelry brands to parse out future accessorization without losing sight of the current trends. When it comes to seasonal jewelry trends, many designers operate from within to choose what’s next.

We are likely to see chunkier jewelry formats evolving beyond the chain-link necklace this fall season. For example, the statement earring à la Schiaparelli is quickly gaining popularity, signaling a future filled with flora and fauna. After all, who doesn’t adore the joy animals and flowers bring? Overall, here are the top jewelry trends to keep tabs on this fall: Continue reading Fall Jewelry: Colors and styles you will want to wear

Gold Coins: Should You Be Collecting or Investing?

Investing in gold coins and collecting coins are both valuable ventures. However, collectors tend to purchase valuable coins as a hobby due to their rarity, while investors invest in gold coins as a hedge against a dwindling economy. Either way, both collectors and investors have one thing in common: a strong appreciation for gold coins.

If anyone could pick a day for the explosive beginning of coin collecting in America, then May 25, 1857, would be a likely candidate. According to David Thomason Alexander, the author of “10 Great Moments That Shaped American Coin Collecting,” copper was used in the Flying Eagle cent as the base material for the penny. It was unpopular, but news that the large cent would soon be no more caused people to want to find and save the coin. Continue reading Gold Coins: Should You Be Collecting or Investing?

What to Do With Your Vintage Watch: Sell or Repair?

From time to time, many people are torn between selling and repairing their vintage watches. Vintage watches are an easy sale, but to do it profitably, you need to have the right information. For instance, you might want to learn about the watch company history, buying market prices for different brands of vintage watches, and the watch karats and silver markings.

Deciding whether or not to repair or sell a vintage watch is often a tough decision to make. Unfortunately, the internet is flooded with tales of priceless vintage watches butchered by incompetent independent watchmakers or even the brand itself. Whether you want to refinish the case, replace the crustal, change the hands, replace damaged or broken components, or simply sell your vintage watch, it’s best to work with a trusted watchmaker in your city. Continue reading What to Do With Your Vintage Watch: Sell or Repair?

Old Coins: Five with the Highest Returns

Coin collecting is a more than $100 billion a year industry worldwide and $10 billion in the United States alone. It’s patriotic, a way to store wealth and help grandparents connect with their grandchildren.

If you are into numismatics, here are five old coins that will bring in the most returns for your time and money: Continue reading Old Coins: Five with the Highest Returns

The Colors of Summer: Best jewelry for the season

The summer season comes with a lot of pressure, as we try to match the brightness of the days and the warmness of the nights with our own sparkle and heat. One of the best ways to show off our summer sensibilities is through our outfits. There’s no better way to put yourself ahead of the competition than to have some stunning jewelry pieces to accompany your summer season outlays.

That’s where Doylestown Gold Exchange comes in. We’ve got the widest selection of top-quality gemstones and jewelry designs you could ever wish for, and you won’t find better prices anywhere. Just to give you an idea of your options, here’s a quick rundown of the most eye-catching summer gemstone selections available.

Let’s get right into it. Continue reading The Colors of Summer: Best jewelry for the season

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Gold is one of the most preferred investment options. It has a low correlation, favorable liquidity, and a proven track record for returns. Although not all investors consider gold a good investment, it is what everybody turns to as a safe haven when the economy is in turmoil. If you’re considering getting gold as an addition to your investment portfolio or preserving your net worth and value, there are several ways you can go about it.  Continue reading Get Gold: An intro to buying gold