Gold is still at record prices. The recent spot price was $1,199 per ounce. Since gold buyers use this commodity price as a basis for what they pay you for your unwanted gold, it's still a great time to unload those unwanted pieces and earn a little extra cash. However, you don't have to part with items you treasure. Most households have gold to sell in unexpected places, if you know where to look.
Where to find gold to sell for extra cash
1. Your jewelry box. Of course, your jewelry box is the first place to look for gold to sell. Are you still holding on to that single earring, hoping to find the mate, even after two, five or even ten years? It's time to get rid of it and stop berating yourself for losing the one earring. Also, sell those pieces that don't fit anymore, like your old class ring (or that class ring your high school boyfriend gave you and you still have.)
2. Your husband's/boyfriend's top drawer. Women aren't the only ones who have unwanted jewelry. What about those gold cuff links that he'll never wear? (Does he even own a shirt with French cuffs?) Guys can have broken jewelry too, like that tie tack with the missing back. Just be sure to ask before you cart off his "treasures."
3. That old coin collection. Did your father collect old coins...or perhaps your father-in-law? Those old gold coins could be worth more to a gold dealer than to a fellow coin collector.
4. Your silverware drawer. Gold flatware was popular during the 1970s and 1980s. While much of this flatware was gold-plated (and, thus, not interesting to gold buyers), some smaller pieces like demi-tasse spoons or small candlesticks were made of 14k gold. If you inherited such place settings from your mother, aunt or grandmother, be sure to look for the 14K marking on the base or side of the piece.
5. Other metals. Many gold buyers also buy metals like Sterling silver, platinum and rhodium. If you have any jewelry or tableware made of these metals, call ahead to see if they trade in such items.
Selling your unwanted gold can be a great way to find money for home improvements, a vacation or even just a night on the town without adding extra credit card debt. Before you say you don't have any gold, be sure to look in your jewelry box, your husband's top drawer and your silverware drawer. You never know what you might find. If you're unsure about the value of a gold item, contact a gold buyer like Certified Rarities.