Gold charm bracelets are wonderful keepsakes that often commemorate important events in one’s life, hobbies, trips, or just things someone loves. They are mostly given to women, and it’s a great gift because additional charms can be gifted in the future to build on the initial bracelet. Over time, there may be quite a few gold charms adorning the bracelet.
Lots of charm bracelets come through the store. Due to the personal nature of these gifts, it’s often cherished during someone’s lifetime but becomes less meaningful with that person’s passing, or if a relationship ends that was the source of many of the charms. The value of gold charm bracelets vary widely as sizes, weights, and purity often differ. Charm bracelets made of gold, or contains other precious metals or gemstones, can be very valuable.
Of all the different types of jewelry that come through our shop, people are probably most frequently surprised about how much their charm bracelets are worth. All those little investments over time, along with a rise in gold prices over the years, often adds up to hundreds or even thousands of dollars worth of gold.
Gold charm bracelets may have a base of gold, but then the charms may be heavily-adorned pieces of jewelry with several ounces of gold, gemstones, and other metals. Since gold is valuable and these bracelets are frequently composed of at least 14k gold, they can be very valuable. We buy gold charm bracelets based on their gold content, since the personal nature of gold charm bracelets doesn’t easily lend itself to resale. Typically, gold charm bracelets are sold and melted down when they get old, worn, or unimportant, then recast into new jewelry. That’s where we come in!
There are all kinds of reasons you might want to sell your gold charm bracelets or other jewelry:
Whatever the reason, our online cash for gold service can get you the most money for your unwanted gold. If your chain has other precious metals or gemstones in it, such as silver or diamonds, our team of professionals will estimate the price of each section and pay you appropriately for each one. We’ll clearly explain how your chain is priced and give you a no-obligation offer on purchasing your jewelry.
The accurate value of your charm bracelets can only be determined after it has been expected by a professional to verify its quality, weight, and purity. Individual charms may even have different gold compositions, so we’ll analyze each piece individually in order to give you the best price. If you’d like a free appraisal and offer for your gold charms and other jewelry, fill out our request form to print your free label or request a free cash for gold mailer pack.
The actual value of your gold chain is determined by three primary factors: purity of the gold, karat weight of the piece, and the current spot price of gold. You can read in more detail how gold pricing works, or use our gold value calculator to determine the approximate value of simple items.
Purity is the percentage of gold in any piece of metal. 24k gold is pure gold, while 12k gold would actually be 50% gold. The purity has a direct proportional impact on pricing, so a 24k gold chain would be worth double a 12k gold chain, all else equal. Learn more about gold purity measurements here!
The amount of gold is also important in determining the value of your chain. The heavier the chain, the more gold contained in it (assuming a consistent distribution of gold). There is a direct proportional impact on pricing, so a chain weighing 0.6 ounces would be worth twice as much as one weighing 0.3 ounces.
Lastly, the current value of gold is a major factor in the price of gold. Once it’s determined how much pure gold your chain contains (using purity and weight), that number needs to be multiplied by the current spot price of gold. We have the current price of gold on our site here.
There are significant costs in the gold refining process, so no cash for gold service is going to pay you the full intrinsic value of gold. From refining to processing fees, turning old jewelry into pure gold isn’t easy. At Cash for Gold Mailer, we operate as efficiently as possible and work with some of the lowest margins in the industry. That’s why we guarantee the best offer for your gold and valuables.
Ready to get started? Request a free pack today!