Best Gold Buyer in Albuquerque to Sell Gold & Diamond Jewelry for Highest Cash Price: Helpful Tips

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Dozens of new businesses have sprouted up offering "cash for gold" in

the Albuquerque area. Jewelry stores, gold exchanges, pawn shops and

other traditional gold buyers have become more aggressive. Mail-in and

hotel gold buyers are advertising heavier than ever. Even places

unrelated to jewelry, such as payday loan and check-cashing centers, are

hopping on the bandwagon.

With gold prices sky high, many believe that it makes sense turning

unwanted jewelry into more useful cash. What was worth $500 just a few

years ago will now bring about $2,000. Moreover, after witnessing the

huge rise and fall of the housing and stock markets, some argue that

metal prices are no different--and may fall drastically as well.

So if the "sell now" decision has been made, here are some helpful tips

offered by National Jewelry Buyers, a prominent gold and diamond

buyer in Albuquerque:

SHOP AROUND. Always get more than one quote. "You'll be amazed

how far apart offers can be. We love our policy of 'no games & no

negotiating--just our best straightforward offer.' Customers really

appreciate it," says one employee.

COMPARE "TOTAL AMOUNT." Do not bother asking how much they pay

per gram or percentage of gold. Just get a total dollar amount they will

pay for your jewelry. By comparing just this bottom

line offer, you'll avoid falling prey to the misleading tactics

some dealers use to make their offers merely "sound" great.


"buying diamonds," most cash-for-gold businesses will actually pay

nothing for diamonds and are only interested in melting the gold.

National Jewelry Buyers is one of the few specialized gold and

diamond buyers in Albuquerque, where your diamonds will be graded and

appraised by an expert.

PLACES TO SELL YOUR JEWELRY? "When you think of buying

appliances, you think of Sears or Best Buy. When you want household

supplies, you go to Walmart or Target. Use the same logic," says Romie

Salem, owner of National Jewelry Buyers. "Sell your valuables to a

strong, specialized, reputable place." His opinion on places to avoid:

Pawn shops are useful for "pawning" something temporarily. They

will rarely pay highest to buy your gold jewelry outright.

Check-cashing, payday loans or other business that buy gold as a

"sideline" part of their business don't have the jewelry expertise

required to make the best offer.

Mail-In centers and fly-by-night hotel buyers that set up on

weekends will not be your best venue. If you live in a rural area where

a strong gold buyer is simply not available, it will usually be worth

driving to the nearest city where a reputable gold exchange is open.

For more information, including current market prices and other details

on getting the most for your jewelry, visit