Selling gold jewelry in today’s market can be a lucrative way to make some extra money. Gold is currently at the highest price it has been in recent years and it may be a time to sell some old jewelry that is no longer needed. Old style pawn shops may not be a great idea for selling old jewelry. You will probably get on a portion of what the jewelry is actually worth when selling gold jewelry to the pawn shops. When selling gold jewelry one must keep in mind either the value of the jewelry as is or the value of the metal in the jewelry. One other thing to keep in mind is the knowledge of how much higher the price of gold can go. It may not get much higher due to the recession before it starts falling again as the economy bounces back. Selling gold jewelry can be lucrative if you find old pieces and sell them off for the metal if they are not worth much to start with. MyGoldEnvelope.com will take any precious metal and diamonds as part of the business. Which means they will take any jewelry regardless of what it is made of as long as it is a precious metal, which unfortunately means none of that old costume jewelry you have lying around. Selling gold jewelry means just that selling gold to companies. Most companies melt down what is sent to them and sell of the metal for a profit. Sometimes it is not much of a profit but it might be more than selling gold jewelry themselves. While selling gold jewelry be sure that you, as the customer, are getting the best experience possible. A pawn shop might not be willing to give you top dollar for your items, online gold buyers have nothing to lose by giving you the amount you really deserve. Online gold buyers have buyers for either the jewelry or the melted down metal in bulk form. A pawn shop might not make money off of selling the jewelry you sold them, but an online buyer will always be able to find another buyer for the metal or the jewelry. Selling gold jewelry should be a decision for the better, not a decision for the worst. So just think about the pieces you send away and be sure not to get rid of any heirlooms. Seller beware though, there are many scam sights out there that a consumer needs to be aware of. It is always a good idea to check the status of the buyer. However, MyGoldEnvelope.com is owned by a public company called Money For Gold Holds, Inc., which means that they are a trustworthy buyer and will honestly and truly pay you the real amount for your gold jewelry.