Gold is one of the most valuable substances on the planet. This soft, shiny metal drove the Conquistadors to explore the globe and helped to foster the expansion of the United States. Today, it is used for coins and jewelry, and many people buy gold due to its longstanding value. If you have a sizeable collection of gold jewelry and coins, you may be considering selling it. In addition to financial gain, gold sales can offer a number of other benefits.

Continue reading below to learn why you should sell gold.

1. A Practical Way to Get Rid of Your Old/ Broken Jewelry

There are many times in life where we hang on to a piece of old or broken jewelry because of its sentimental value. However, a necklace with a broken clasp or a ring that is missing a stone cannot be worn, and they won’t acquire more value by sitting in a drawer. Choosing to sell these pieces can add new value to them and help to clear out some of the clutter in your home.

2. Gold Prices Are Currently in Good Standing

If you choose to sell gold right now, you will most likely get a great price. Gold stocks have remained steady over the past decade, meaning you’ll be able to get close to the market value for many of your pieces.

3. The Money Can Be Used for Savings or an Emergency

Depending on how much gold you have, including gold coins and nuggets, deciding to sell could yield a huge revenue for you. This money could be used to solve any immediate emergencies that arise. It can also be saved for a rainy day or future venture.

If you would like to sell gold from your collection, contact Hawaiian Islands Stamp & Coin. This gold, coin, and stamp buyer has been serving the Honolulu, HI, area since 1973. To get an appraisal for your piece, stop into their store on Bishop Street or call (808) 531-6251. For testimonials from previous clients, visit their website.