Selling your old jewelry is an excellent way to make some money to cover unexpected expenses or have the money that you need to pay for birthday or Christmas gifts. There are two lesser-known ways to sell your jewelry, each with their own advantages and disadvantages.

1. Mail-Away Your Jewelry

One of the options that you can utilize is a mail-away business. A mail-away business essentially requires you to fill out a form, print out the form, and then put it into a box with your old jewelry. You then just have to mail the box to the company where they will grade your metal and send you a check.

The primary advantage of this method is that it is ludicrously convenient. It allows you to simply mail your jewelry and wait for your money to arrive. Some companies will even send you an envelope that has postage that has already been paid for so that you don't even have to worry about shipping costs. The disadvantage of this method is that you end up paying some money for this convenience because you will receive less money from the companies for their services. You will also have to wait for the check to arrive.

2. Sell Your Gold at Hotels

Many businesses will have bands of buyers that travel around to different hotels in the area in order to make their gold-buying services more convenient for the people who live in the neighborhood. They will also show up in any building that has a large hall that is available for rent.

The advantages of this method is that they will be willing to purchase many other items that they deem valuable or that they deem could be resold, such as collectibles or even costume jewelry that is of a high quality. You will also receive payment for your valuables on the spot. If you need money quickly, this is the way to go. 

The disadvantage of this method is that they have to pay for travel and renting the hall, so that they might not be able to offer as much money. You can deal with these disadvantages by simply knowing how much your jewelry is worth and negotiating with them. They need to buy enough gold to make a profit and will often be more than willing to negotiate with you if they can actually get the gold. 

For more information about selling your jewelry, contact a jewelry buyer directly. They will be able to provide you with advice.