I am hoping you can guide me. I have this wedding band that belonged to my sister. I have no use for it and am wondering what I should do with it. It’s marked 14KT with no other markings. If I had to guess, I’d say it was from the 1970s.
Can you help by telling me what would be the best way to find it a new home, maybe with a jeweler or a gold buyer?
Karen
Dear Karen,
I think the first thing you need to do is confirm it is gold. It’s tough to really tell these days when there are so many fake marks out there.
Step 2 is find someone you can trust to do business with. The markup on jewelry is so high, returning it for a wedding band to sell again might not give you the best value.
I would see what the secondary buyback value is and then what the gold value is, assuming it is gold. That’s why dealing with someone you can trust is important. I can give you a couple names of who I always dealt with for gold and silver if needed. They can determine gold, weight and best value.