How and Where to Sell Gold in New England

How and Where to Sell Gold in New England

Whether you're looking to profit from your unused jewelry or simply are streamlining your collection, selling gold can be a wise decision, especially with gold prices currently sitting at all-time highs.

However, there's a caveat: selling gold can be a wise decision when done right. Understanding how and where to sell your retired gold can help maximize your profit and ensure a seamless, transparent process. 

With over 127 years as a prominent New England jeweler, Lux Bond & Green's professional purchasing services are personalized to help you sell your gold, diamonds, and luxury watches with confidence. 

How to sell gold: 5 steps to a smart, stress-free sale

If you're new to the gold-selling process and unsure how to begin, the idea of finding a reputable jeweler, and ensuring your pieces are appraised appropriately, can be daunting.

Before you embark on your mission, we recommend considering the following five steps:

1. Check your inventory.

Gather the gold you're ready to sell. This could include not only fine jewelry, but gold coins and even broken, scrap pieces. 

Assess your gold for a stamp indicating the karat weight (e.g., 10K, 14K, 18K, or 24K).

2. Research gold prices.

The price of gold isn't set in stone. In fact, it fluctuates daily. 

Check the current market rate to understand the potential price ranges for your pieces. By staying informed, you can avoid any unfair offers and understand the factors that may influence your payout.

3. Find the best buyer.

When looking for places that buy gold near you, prioritize jewelers with established reputations and honest practices. For example, Lux Bond & Green has a storied history serving New England communities, appraising pieces with care to provide accurate, competitive offers without the pressure tactics employed by other jewelers.

4. Get multiple offers (if needed).

Many people looking to sell gold have their pieces appraised by multiple jewelers. 

A reputable gold buyer will never fault you for doing your due diligence. When you choose Lux Bond & Green, you can trust that our quotes will capture the full value of your pieces.

5. Pick a payment method.

After you've accepted your offer, you will receive payment immediately in the form of a check or store credit.

Lux Bond & Green ensures this process is discreet and straightforward so you can sell your gold with peace of mind.

To learn more about preparing to sell your pieces, visit our related article, “What You Should Know About Selling Gold.”

Where can I sell gold in New England?

If you're wondering where to sell gold in New England, Lux Bond & Green is here to provide a trustworthy, personalized experience. With Connecticut storefronts in West Hartford, Westport, Glastonbury, and Mohegan Sun, as well as our Massachusetts location in Wellesley, our expert staff provides in-person appraisals for your retired treasures. 

At Lux Bond & Green, we buy gold every day at our stores. We also have special occasion Gold Buying Events throughout the year which are a great way to get organized and take advantage of a dedicated opportunity to meet with our experts for an on-site offer.

Beyond gold: selling watches and diamonds

Although gold is a timeless commodity, selling other luxury pieces can also be rewarding. 

At Lux Bond & Green, we don’t just appraise and purchase gold—we also buy diamonds, watches from esteemed brands like TUDOR, Patek, and Cartier, and signed jewelry from renowned designers such as Cartier, Van Cleef & Arpels, Bvlgari, and Tiffany & Co. We assess the value of these items with the same diligence and expertise we apply to our gold evaluations. If you're curious whether your pieces qualify for buying services, our seasoned associates are available for guidance. You can also learn more about our full range of offerings by exploring our Gold Buying Services page.

Selling gold: FAQ

Where is the best place to sell my gold?

The best place to sell your pieces is with a premier jeweler known for providing accurate appraisals, transparent pricing, and prompt payment.

To safeguard yourself against exploitative sales, do the footwork: know your carats, stay up to date on market prices, and read reviews before selecting a jeweler.

What is the best way to sell my gold?

To sell your gold, work with an in-the-know professional with a thorough understanding of quality standards and market trends. We recommend avoiding pawn shops, mail-in services, or any other avenues that may undervalue your items.

Is it better to pawn or sell my gold?

Whereas selling your gold gives you immediate, full payment, pawning it involves borrowing against the item's value and paying interest. This means that selling your gold to a jeweler will yield a higher payout than pawining it.

Selling your gold at Lux Bond & Green

From Hartford County to the suburbs of Boston, Lux Bond & Green offers New Englanders convenient, reputable storefronts where you can sell your gold with confidence.

Our non-commissioned, knowledgeable staff are committed to integrity, precision, and personalized service. Whether you're parting with an heirloom piece or selling a modern design, we'll help you assess your item's worth with discretion and transparency from start to finish.

Visit Lux Bond & Green in Connecticut or Massachusetts today to learn more about our gold-buying services or schedule a private appointment.