Do You Have Buried Treasure in Your Home?

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Posted on: 10 October 2014 by William Freddy Hope

Here is an article I wrote from previous experience: My wife and I used to have a lot of old jewellery lying at the bottom of some draws, we used to wear a lot back when we were more adventurous with what we wore, as some may say! We actually traded a lot of it in and made a small fortune.

When you think of buried treasure, you probably think of old wooden chests full of gold, buried under six feet of sand or earth. This is of course, not the type of treasure we’re talking about. What we mean here is that old gold and silver jewellery that you have tucked away and haven’t used or perhaps even seen in years. Buried under piles of old knick knacks. Is it really worth leaving lying around, when you could sell it and have some additional money to supplement your pension, or perhaps something extra to add to your inheritance?

Clear Out Those Old Drawers and Cabinets

Gold always has a value, which means that just about any jewellery made with the metal will have a value to some extent. In many cases it will be melted down and used in something else, so there’s no need to worry if you don’t think the jewellery is in style, or even if it’s broken – many places will still accept it. Indeed, a great many people don’t realise that their broken old bracelets or brooches are actually worth anything, and in many cases they’ll be worth almost the same. Check through your drawers and cabinets – there may well be something there that you’d long forgotten about. Why not turn it into cash?

Make Sure You Get a Good Price

Now, it does seem like cash for gold adverts are all over the TV these days, and you can barely walk down a high street without seeing a stand. While this means that it’s really easy to take your old gold and get some money for it, it also means that there are a lot more places looking to take advantage and pay you hardly anything. The best thing to do is get a few different valuations before you make a decision. Don’t go with the first place that you talk to. Take a look here if you’re not sure whether or not there’s a suitable place in your town.

One final note is to never feel pressured. There’s no good reason to hang onto gold that you never use anymore, but if you’re not sure you want to part with it, always remember that the decision rests in your hands. If you’re not happy with the offer you get, then simply walk away; you don’t want to regret it later.

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William Freddy Hope

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