Short on cash? We can help! Clean out your jewelry box and make some extra money. We buy gold, fine jewelry, luxury brand watches, and gemstones. We make the process easy and safe for you, and our prices are fair.
What Do We Buy?
We buy gold, fine jewelry, quality diamonds, and other precious gemstones, as well as luxury brand watches. Do you have bracelets or rings that no longer fit? What about items that are missing gemstones? Bring them to us! We even accept fine jewelry that is broken and earrings without mates.
What Are Your Items Worth?
The resale value of your jewelry is not related to what you originally paid.
Although it can come as a big surprise, the fact is that the resale value of your jewelry is not related to what you originally paid. Even an item’s appraised value for insurance purposes has very little influence on its resale value. Appraised values are for the costs associated with replacing an item – not its resale value.
Intrinsic value, also known as cash value or scrap value, is the recycle value of the materials (metal and gemstones) that make up a piece of jewelry.
In most cases, unwanted jewelry is neither current nor vintage, and is usually sold for the intrinsic value of its silver, gold, platinum. Some precious gemstones may have additional value.
The reality is that most jewelry is only worth the scrap value of its pure precious metal content and a percentage of the current wholesale market price of gemstones. The actual amount of pure gold in an item varies depending on its gold karat value – most often 10K, 14K or 18K. A karat is 1/24 part of pure gold by weight, so 24-karat gold is pure gold. Keep in mind that the amount you will be paid will be a percentage of current value of the pure metal.
Gold coins and bars usually are worth 90% to 95% of the current market value or pure gold.
As for gemstones, usually only precious gemstones (diamonds, rubies, emeralds, and sapphires) have any meaningful resale value, unless a non-precious gem is very large or rare.
There are exceptions when jewelry is worth more than its just its scrap metal value. The resale value of a piece of jewelry will depend on its condition, the current market demand for its style, the quality of workmanship, the cache of the brand, and the value of the materials it is made with. Classic designs and certain unique pieces that currently appeal to the public will have the best resale value.
Estate jewelry that is out of style is usually purchased for scrap. Antique jewelry, as opposed to just old items, can be highly collectible and valuable. For items you believe are truly antiques, you may want an appraisal.
Although these exceptions do happen, it is wise to be prepared for the resale value of your jewelry being limited to its intrinsic value.
Preparing Your Items to Sell
You do not have to do anything to prepare your items. You can just bring in your items as is.
Why Sell to Us?
For over 18 years, our family owned and operated business has enjoyed an outstanding reputation for our high ethical standards and honest business practices. Check out the stellar views by our customers on Facebook and Google. We are also members in good standing with Jewelers of America.
Under federal law, businesses that can provide essential financial resources to those in need can remain open during certain emergencies. Turley Jewelers qualifies for this status as a financial institution. We have a state license to buy gold and jewelry, and our weighing scales have been state-certified.
How We Keep You Safe During COVID-19
To proceed as safely as possible, we are allowing only one customer at a time to enter our store. For your convenience and safety, we encourage you to schedule an appointment, but we will do our best to accommodate people without appointments.
In addition to our vigorous disinfecting measures, we will also use masks and gloves to help protect our customers. We will be maintaining a physical distance of at least 3 feet. We have set up very careful procedures for accepting and processing jewelry purchases to make the transactions as safe as possible to avoid COVID-19 contamination.
We Are Open!
Currently our hours are Monday through Thursday & Saturday, from 11am-5pm. You can call or text us for more information (305) 252-1123. We are located at 11219 South Dixie Highway, Miami, FL 33156. We offer plenty of free parking and are wheelchair accessible.
In order to maintain COVID-19 safety precautions, we must limit the number of people in our store at any given time. So you do not have to wait, we suggest setting up an appointment.
We look forward to serving you!