Your Gold Questions Answered: FAQ from East Village Buyers

If you’re looking to buy, sell, or simply learn about gold, you’ve come to the right place. At East Village Buyers, we’re committed to making the gold-buying and selling process easy, transparent, and rewarding. To help you better navigate the world of gold, we’ve answered some of the most frequently asked questions below.

1. What Types of Gold Do You Buy?

We buy all types of gold, including:

• Broken Jewelry: Chains, rings, or bracelets that may have lost their luster or are no longer wearable.
• Gold Coins: Bullion coins like the American Gold Eagle, Canadian Maple Leaf, or South African Krugerrand.
• Gold Bars/Bricks: Perfect for those with investment-grade gold to sell.
• Scrap Gold: Includes small gold fragments or industrial gold materials.
• Designer Gold Jewelry: Pieces from luxury brands like Cartier, Tiffany & Co., or Bvlgari.

No matter the condition, we evaluate your gold with care and offer competitive pricing.

2. How Do I Know If My Gold Is Real?

Testing your gold’s authenticity can be simple with these steps:

• Look for Hallmarks: Check for karat stamps like 24K, 18K, or 14K.
• Magnet Test: Gold isn’t magnetic, so it won’t stick to a magnet.
• Professional Testing: Bring your gold to East Village Buyers for a free professional evaluation using advanced tools like acid tests or electronic testing devices.

3. How Much Is Gold Worth Per Gram?

The value of gold per gram depends on:

• Current Market Prices: Gold prices fluctuate daily based on global markets.
• Purity: Higher purity (e.g., 24K) means a higher price per gram.
• Condition: While broken gold is still valuable, intact pieces or those from designer brands may fetch more.

We calculate your gold’s value using live market rates, ensuring you get the best deal when you sell.

4. Why Is Now a Good Time to Sell Gold?

Gold prices tend to rise during:

• Economic Uncertainty: Investors turn to gold as a safe haven.
• Inflation: Gold often outpaces inflation, preserving its value.
• Strong Market Demand: The jewelry, technology, and investment sectors drive consistent demand.

If you’re considering selling, visit us at East Village Buyers, where we offer fair pricing and instant payouts.

5. Do You Buy Designer Gold Jewelry?

Yes! Designer jewelry from brands like Gucci, Van Cleef & Arpels, or David Yurman often carries additional value due to:

• Brand Recognition: Pieces from well-known brands are highly sought after.
• Craftsmanship: Exceptional design and quality make these items more valuable.

We evaluate your jewelry for both its gold content and brand value to give you the highest offer.

6. What Documents Do I Need to Sell Gold?

Selling gold with us is simple. Bring the following:

• Valid ID: A government-issued ID is required to complete the transaction.
• Proof of Ownership (Optional): While not always necessary, bringing a receipt or certificate of authenticity can add to your item’s value.

7. Can I Sell Gold Coins Without Losing Their Collector Value?

Absolutely. When selling coins, we evaluate them based on:

• Gold Content: The weight and purity of the gold.
• Collectible Value: Coins with historical or rarity value may fetch a premium.

Whether you’re selling bullion or rare coins, we ensure you receive a fair and informed offer.

8. Why Should I Sell Gold to East Village Buyers Instead of Online?

Selling locally to East Village Buyers offers significant advantages over online platforms:

• Instant Payouts: No waiting for checks or bank transfers.
• Transparency: Watch the evaluation process in person.
• No Shipping Risks: Avoid the hassle and risk of mailing valuable gold.

9. What Happens to Gold After It’s Sold?

After purchasing your gold, buyers like us may:

• Refine It: Scrap gold is melted down and reused in manufacturing or jewelry-making.
• Resell It: Jewelry in good condition may be restored and resold to new buyers.

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10. How Do I Get Started?

Selling gold at East Village Buyers is simple:

1. Bring Your Gold: Walk in with coins, jewelry, or scrap gold.
2. Free Appraisal: We evaluate your items on the spot.

Visit East Village Buyers Today!

Whether you’re selling broken chains, rare coins, or high-end jewelry, East Village Buyers is your trusted destination in NYC. Conveniently located at 38 Avenue A, we’re here to make selling gold an easy and rewarding experience.

Stop by today to see why we’re the top choice for gold sellers in the East Village. We buy all types of gold—and we’re ready to give you the best offer!