JJ Teaparty on Bromfield St in Boston is a reputable buyer.
For items that are just gold, it's not hard to estimate what a fair price should be. 14k means 14/24th pure gold. You can find the current gold spot price online (goldprice.org). Right now it's $1096 per ounce, so 14k gold should sell for $639 per ounce. Weigh the 14k gold and you will get an estimated value. You can expect to get 90-95% of the spot price from an honest buyer.
Gems complicate the matter, because they make it hard to weigh the gold alone, and grading the value of gems is not as simple as just weighing them.
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Date: 2010-02-25 12:38 am (UTC)For items that are just gold, it's not hard to estimate what a fair price should be. 14k means 14/24th pure gold. You can find the current gold spot price online (goldprice.org). Right now it's $1096 per ounce, so 14k gold should sell for $639 per ounce. Weigh the 14k gold and you will get an estimated value. You can expect to get 90-95% of the spot price from an honest buyer.
Gems complicate the matter, because they make it hard to weigh the gold alone, and grading the value of gems is not as simple as just weighing them.