5 Common Mistakes to Avoid When Selling Gold
                     5 Common Mistakes to 
Avoid When Selling Gold 
Jewelry
Selling gold jewelry can be a rewarding way to unlock hidden value from pieces you no longer wear 
or need. Whether it’s an old necklace, a set of earrings, or even a broken bracelet, gold holds 
enduring worth but only if you sell it wisely. At Eagle Coins Gold and Silver Buying, we’ve seen 
countless customers come in after making costly mistakes with other buyers. Our goal is to help 
you avoid those pitfalls so you can make informed, confident decisions when selling your gold.
As trusted watch buyers in Cape Cod and vintage watch buyers in Cape Cod, we’ve spent over 40 
years helping customers understand the real worth of their items. Here are five common mistakes 
to steer clear of — and how Eagle Coins Gold and Silver Buying ensures you always get the best 
value for your gold and jewelry.
1. Not Knowing the Current Market Value of Gold
One of the most frequent mistakes sellers make is walking into a sale without knowing the 
current price of gold. Gold prices fluctuate daily based on market trends, inflation, and 
international events. Selling without researching the current spot price can lead to accepting 
less than what your gold is truly worth.
At Eagle Coins Gold and Silver Buying, we base our offers on real-time market data. We 
encourage customers to check live gold rates before visiting, so they understand how their 
items are valued. Transparency is the foundation of every appraisal we perform — you’ll see 
exactly how purity, weight, and market rates combine to determine your offer.
Pro Tip: Visit reputable gold price trackers online before you sell. When you come to Eagle 
Coins Gold and Silver Buying, bring that information — we’ll show you how your jewelry 
aligns with today’s pricing.
2. Selling to Unverified or Unlicensed Buyers
Another costly error is selling gold to unverified or inexperienced buyers who may offer 
unfair rates or use unreliable testing methods. These individuals often rely on vague 
estimates or outdated scales that undervalue your items.
At Eagle Coins Gold and Silver Buying, every transaction is handled by certified appraisers 
with decades of industry experience. As established watch buyers in Cape Cod, we 
understand the nuances of evaluating both precious metals and high-end timepieces. Our 
store follows all Massachusetts state regulations for buying gold, silver, and watches, so you 
can sell confidently knowing the process is legitimate and secure.
Pro Tip: Always check a buyer’s credentials, business address, and reputation. A trustworthy 
buyer will be transparent about their appraisal process — just like Eagle Coins Gold and 
Silver Buying.
3. Ignoring the Importance of Purity and Weight
Many sellers assume all gold jewelry is created equal, but that’s far from true. The karat 
rating (10K, 14K, 18K, 24K, etc.) directly affects your payout because it indicates how much 
pure gold is in your piece. Similarly, accurate weighing — down to the milligram — ensures 
you’re paid fairly.
At Eagle Coins Gold and Silver Buying, our appraisers use precision equipment that measures 
to three decimal points. We also perform non-destructive purity testing, so you’ll know 
exactly how much gold your item contains. Our ultrasonic cleaning process removes dirt and 
residue to guarantee precise readings without damaging your jewelry.
Pro Tip: Before visiting any buyer, separate your jewelry by karat if possible. This makes it 
easier for appraisers to assess your items and ensures clarity during evaluation.
4. Selling Sentimental or Collectible Items Too Quickly
Sometimes, sellers part with items that hold sentimental or collectible value without fully 
realizing their worth. For example, antique rings, limited-edition jewelry, or vintage watches 
may be worth far more than their metal weight alone.
As leading vintage watch buyers in Cape Cod, Eagle Coins Gold and Silver Buying understands 
that some pieces carry historical or brand value beyond their material composition. Our experts 
carefully evaluate such items, taking into account craftsmanship, rarity, and market demand for 
collectible watches or antique jewelry.
We never rush customers into selling. Instead, we provide honest advice — if your item might 
fetch a higher price in a collector’s market, we’ll tell you. That level of integrity has helped us 
build lasting relationships across Cape Cod.
Pro Tip: Always ask whether your piece has value as a collectible or brand item. A professional 
buyer like Eagle Coins Gold and Silver Buying will help you make an informed decision, not a 
pressured one.
5. Failing to Compare Offers and Understand Terms
Selling gold should never feel rushed or confusing. Yet many sellers make the mistake of accepting 
the first offer they receive without comparing prices or understanding terms and conditions. Some 
buyers may include hidden fees or unclear payout structures that reduce your earnings.
At Eagle Coins Gold and Silver Buying, our process is simple and transparent:
Free appraisals with no obligation to sell.
Instant cash payments once you accept our offer.
Clear explanations of how value is calculated, including weight, purity, and market rate.
We believe you deserve complete clarity before making a decision. That’s why so many locals 
trust us as their go-to watch buyers in Cape Cod and gold experts — our integrity ensures every 
transaction is fair and straightforward.
Pro Tip: Get at least two quotes from reputable buyers before selling. If another buyer’s offer 
seems unusually high or low, it’s wise to double-check their credentials.
The Eagle Coins Gold and Silver Buying Advantage
What truly sets Eagle Coins Gold and Silver Buying apart is our dedication to customer 
education and trust. We don’t just buy gold — we help clients understand its worth. Every 
transaction is handled with care, precision, and respect.
As established experts in both jewelry and watches, our team provides specialized 
evaluations for luxury timepieces, antique collections, and precious metals. Whether you’re 
selling an old wedding ring or a vintage Rolex, you’ll receive the same professional attention 
and honest feedback.
Located conveniently at 537 Main Street, Harwich Port, MA, Eagle Coins Gold and Silver 
Buying has become a trusted name across Cape Cod for anyone looking to sell gold, silver, or 
watches confidently.
Final Thoughts
Selling gold jewelry can be a smart financial move — but only if done right. Avoiding these 
five common mistakes will help you maximize your returns and protect your valuable assets. 
By choosing Eagle Coins Gold and Silver Buying, you ensure your items are evaluated fairly, 
transparently, and at true market value.
Whether you’re searching for reputable vintage watch buyers in Cape Cod or trustworthy 
watch buyers in Cape Cod, our family-owned business is here to make your selling 
experience simple and rewarding.
Visit Eagle Coins Gold and Silver Buying today or call (508) 252-8888 for a free consultation. 
Turn your treasures into value with confidence — because with Eagle Coins Gold and Silver 
Buying, honesty and expertise always come standard.