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What happens when your jewelry gets damaged or is no longer functional enough to wear? Reselling broken jewelry can be tough, unless you go to a specialist. And often, repairs can be costly.
One great option is to sell broken jewelry to a gold and silver buyer, like Bellevue Rare Coins. This will get you some cash for your broken or damaged jewelry, and it only takes a few minutes. Here’s how.
Selling damaged jewelry doesn’t need to be a hassle.
If you live in the greater Seattle area, selling damaged jewelry is super simple. Just stop by one of Bellevue Rare Coins’ 4 convenient Seattle-area locations:
Selling to Bellevue Rare Coins is a quick and easy process. Just stop by during normal business hours, and ask to have your item(s) assessed. Our friendly team will examine your items and prepare a cash offer. If you accept the offer, you’ll walk out in just minutes with cash or check in hand!
For broken jewelry, we mostly quote based on the “intrinsic value” of the item. This refers to the value of the precious metal content (gold, silver, platinum) as well as the value of any gemstones.
We welcome walk-ins, but you can also make an appointment online if you’d prefer. And we buy all types of valuables from our Seattle-area community members, so if you have any coins, gold, or even collectibles, be sure to get a quote on those as well!
If you don’t live in the Northwest, where and how can you sell broken jewelry?
Most places that buy gold and silver will also buy broken jewelry, as long as it has some intrinsic value (like precious metal content). Of course, the amounts you’ll receive really depend on the business. It’s a good idea to read customer reviews to get an idea of the level of service that each business provides.
Some coin shops will also buy broken jewelry, as well as pawn shops and “we buy gold” businesses. Jewelers may also be an option; some will be able to repair your items for a free, or others might purchase them to sell them to refiners (most broken jewelry is melted down for its gold/silver content).
The value of a piece of broken jewelry depends primarily on its content of precious metals (gold, silver, platinum) and/or gemstones (diamonds, rubies, etc.)
The purity of the metal (measured in “carat” for gold) also makes a difference. When you sell broken jewelry, the buyer will examine the item, test the purity level, and then weigh the item to determine its fair market value.
It doesn’t usually matter much whether you’re selling a ring, a broken watch, or a scuffed necklace. The main driver of the value is the item’s metal content.
In most cases, broken jewelry is sold as “scrap”. This means that the item will be sold to a refiner, which will melt it down and turn it into bullion (like a gold bar or a silver coin).
Sometimes, broken jewelry might be repaired and resold. If the damage is only minor (a scuff or scratch, for instance), it’s more likely that the shop might repair it vs. melting it down.
In Seattle: Come to Bellevue Rare Coins. We’ve been trusted in the Seattle community for over 40 years, and we pay top dollar for all types of jewelry.
Outside of Seattle: Search the internet for gold buyers, then read through customer reviews to find a quality business to sell to.