How much is 14K gold worth at a pawn shop?

Of the different gold-buyer options, pawn shops may be the most convenient. However, pawn shops are notorious for paying very low offer amounts for gold. In fact, we conducted a study showing that most pawn shops pay, on average, 40% of gold’s melt value.

If pawn shops pay so little, why would someone sell to them? The truth is, they are a quick option for getting cash in hand. In some cities, there’s a pawn shop on every corner, so if someone needs to sell something quickly, it’s simple to walk in with gold and walk out with money. Selling gold to a pawn shop means someone is trading a higher payout for convenience.

Pawn shops also allow people to use their gold as collateral for a loan. This option is appealing for someone who wants to retrieve their item after repaying the loan.

How do I get the most money for my 14K gold jewelry?

For sellers who don’t mind waiting and have designer pieces:
For a designer piece, they should look into selling on peer-to-peer platforms such as The RealReal or Vestiaire Collective. These marketplaces deal exclusively in designer goods and can garner a higher payout for an item, above the melt value. Both companies offer white-glove concierge service to facilitate the sale, but also charge a high commission for the service. It can also take several months to sell items.

For those who have time to spare, can DIY, and want the most for their items:
For the more DIY seller, eBay or Poshmark are other options. Both of these platforms charge a lower selling fee when compared to the designer platforms mentioned previously and allow sellers to list their own items. The downside is that the seller handles the entire transaction from start to finish, including taking photos, listing, answering customer inquiries, and shipping, plus it can take a very long time to sell items.

While selling peer-to-peer can extract more value from a piece, it’s possible that it can take much longer to get paid. It is not uncommon for pieces to sit unsold on any of the platforms for months. There is no guarantee of sale using this method. Different methods offer varying benefits that may be more effective for one person than for another.

For the best balance of speed and payouts:
If you’re looking to maximize the value of your 14K gold without the wait, you’ve come to the right place. The Alloy Market is quickly becoming the preferred online gold buyer for sellers all across the U.S. Our reviews speak for themselves! We offer a straightforward process for selling your gold for the highest possible price, backed by our “Best Price Guarantee.”

Alloy has been featured in prominent news outlets, including CBS, U.S. News & World Report, and Nasdaq, among others. Our reputation is growing, and we are quickly becoming recognized as one of the premier online destinations for selling gold online.

To get started selling your gold to The Alloy Market, request a free Appraisal Kit. We will cover the costs of shipping, tracking, and insurance for your valuables, ensuring you are fully protected. Our team utilizes professional-grade testing equipment to assess the purity of each piece upon arrival. We’ll send you an offer, and if you accept by 5:00 PM, we’ll process your payment on the same day. Get started today!