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Galina Fine Jewelers – A Jewelry experience like no other. Shop jewelry, watches, bullion.

Galina Fine Jewelers

Cash For Gold

What We Offer - Cash For Gold

For the convenience of our clients we offer cash for gold.

 Selling jewelry can be emotional and confusing. We do our best to make our client’s feel comfortable and educate them in this area. At Galina Fine Jewelers we offer a full explanation and a break down of what our client’s jewelry value is. The question we’re asked the most is: “How much is my jewelry worth?” The answer is never too simple because there are different ways the jewelry can be evaluated.

Appraised value for insurance purposes is always slightly exaggerated in case the jewelry piece needs to be custom-made (custom work is always more expensive due to extra labor), and in case the client decides to replace the missing or broken piece in the most expensive jewelry store (different jewelry stores have different overheads – hence the price of the same kind of jewelry may be higher or lower). New jewelry VS used jewelry: Most of the time used jewelry, just like anything else, looses retail value due to wear and tear.

Cash For Gold
Retail VS wholesale: Remember, that the only time you can get retail value by selling your jewelry if you sell it privately to another retail customer like you. Jewelry in retail stores is sold for retail value. Therefor premiums and profits were already added to the original wholesale price the store has originally paid for the item. Mark-ups depend on a few factors: the store’s overhead, the quality, rareness and uniqueness of the item, services provided with the purchase (warranties, insurance, etc), commissions, gold and diamond market values that constantly changes and more. Also, the stores typically purchase new merchandise from the manufactures with guarantees against defects. When you sell a used piece if jewelry – the dealer will value your item for less than wholesale because: a) The item is used and needs refurbishing (hence extra time, money and energy needs to be put into the item before it goes back on the floor). b) Your used jewelry does not come with a guarantee like it does from manufacturers.
Buy and sell Gold

Retail. Wholesale. Scrap.

Jewelry, just like anything else, is in fashion or not. If your jewelry is out of style or beyond repair, it usually gets melted, and the dealers call it “scrap”. Scrap value is based on ever-changing precious metals market value. Diamonds also have a wholesale prices chart that all jewelers refer to. For durability most jewelry is made from gold that is not pure (from 37.5% (9k) to 58.5% (14k) to 75% (18K), etc.), therefore you are only getting paid for the content of actual gold in your jewelry. Also, since it’s a service, dealers take a small percentage of the total value of your gold melt as a commission).

At Galina's the trained professionals will test your jewelry for gold, silver or platinum content, weigh it right in front of you and will give you a full assessment of your jewelry’s worth. We will also be happy to give a few suggestions if we believe you can get paid more than we can offer. You may also choose instant payout or a trade-in.
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Current gold, silver, platinum & palladium prices