In this hard economic time where layoffs are commonplace, many families have a lot of jewelry in their home that they are no longer using or may have received from deceased family members. Selling this jewelry can be a great way to make some extra money or at least provide a few dollars for paying bills. There are a few places in Jackson Heights where one can go to sell gold jewelry.
Gold jewelry plays a crucial role in a traditional South Asian wedding ceremony. For this reason, Jackson Heights’s “gold district” has become a magnet for extended families looking to buy 22-karat gold bridal jewellery. The shops are crowded on weekend afternoons when brides-to-be and their families methodically peruse the windows, hoping to find the perfect piece.
There is much to choose from: huge filigreed necklaces wide enough to cover a woman’s chest and shoulders, not to mention tiaras, anklets, armlets and bangles, along with rings for fingers, toes, ears and noses, all wrought in gleaming yellow 22-karat gold. But for some families, the selection isn’t quite enough. In the Bangladeshi culture of dowry, it is customary for the groom’s family to have a prospective bride’s jewellery weighed and assessed to ensure that it is of the proper quality.
Those who wish to avoid the pitfalls of the jewelry market should learn how to negotiate. It is important to remember that the jewelers are in business to make a profit, so it is in their best interest to get you the highest price possible. It also helps to bring your own trusted reputable jeweler or family member with you for a second opinion.
Lastly, be sure to have your gold jewelry tested before you sell it. Some jewelers will simply weigh the piece and give you a quote, but others will have to test it to see its purity. This will help you determine how much it’s worth and whether or not you are getting a fair deal. You can also check for any precious stones that the piece may have, as these often have a separate value from the gold itself.