4 Options to Consider

Are you wondering where to sell your old jewelry, coins, or scrap gold in Austin? With gold prices at an all-time high, it’s a great time to cash in, but with so many options, how do you know where to go?

By the end of this article, you’ll have a clear understanding of the best places to sell your gold and which option suits you best.

1. Pawn Shops – Fast Cash, But at a Cost

Austin has plenty of pawn shops—from big chain stores to small family-run businesses and even high-end loan offices that accept gold as collateral. But are you looking for a loan or an actual sale?

Things to Consider with Pawn Shops:

• Loans come with interest—if you don’t pay it back, you lose your jewelry.
• Naturally, the loan amount offered will be lower than what you would get from a direct cash sale
• They may not be jewelry experts—they often price gold based on weight, not craftsmanship.

💡 Verdict: If you just need a quick loan and have plain gold, a pawn shop could work. But if you want the best cash offer, you may want to look elsewhere.

2. Jewelry Stores – Limited Interest in Buying Gold

You might think that a jewelry store is the best place to sell your gold, but most stores aren’t actively looking to buy from the public. Their focus is selling new jewelry, not purchasing second-hand items.

Why Jewelry Stores May Not Be the Best Option:

• Brand image concerns—high-end stores avoid second-hand purchases.
• Selective buying—some stores only buy specific brands or high-end pieces.
• Pricing can be lower—they need to resell for a profit, so their offers may not be the highest.
• Consignment model—many jewelry stores don’t own their inventory outright, so they aren’t always eager to pay for jewelry.

That said, some jewelry stores may be interested if your piece is from a well-known brand (like Cartier, Tiffany & Co., or David Yurman) or has significant resale value.

💡 Verdict: If you have designer jewelry, check with a few high-end stores. But if you’re selling gold for its weight, a gold buyer will likely offer a better deal.

3. Coin Shops – Best for Coins, Not Jewelry

If you’re selling gold or silver coins, a coin dealer is a great option. But if you have gold jewelry, chains, or scrap gold, you might get a lower offer than elsewhere.

Good for:

✔ Selling gold & silver coins like American Eagles or Krugerrands.
❌ Not great for jewelry, broken gold, or estate pieces.

💡 Verdict: If you’re selling coins, go to a coin shop. If it’s jewelry or scrap gold, keep reading.

4. Gold & Silver Buyers – The Best Cash Offers

If you want to get the highest cash payout for your gold, a professional gold and silver buyer is often your best choice.

Why Gold Buyers Offer the Best Deals:

✔ They specialize in gold, silver, and diamond jewelry.
✔ Cash payouts are higher than pawn shops or coin dealers.
✔ They evaluate craftsmanship, not just weight.
✔ Free appraisals and transparent pricing.

How to Find a Trustworthy Gold Buyer in Austin:

• Google reviews & ratings – Check real customer experiences.
• Reputation & experience – Look for well-established buyers.
• Multiple quotes – Compare offers before making a decision.

Where to Get the Best Offer for Gold in Austin?

At ATX Jewelry Exchange, we specialize in buying gold, silver, and diamond jewelry.

✔ Free, no-obligation appraisals
✔ Instant cash payments
✔ Honest, transparent pricing

📍 Visit ATX Jewelry Exchange in Austin or Call us today!

Final Thoughts

Each option has its pros and cons, but if you’re looking for the best cash offer, a trusted gold and silver buyer is the way to go.

Looking for the best place to sell gold in Austin? ATX Jewelry Exchange offers the highest cash payouts for gold, diamonds, jewelry, coins, and silver items.

Get a free, no-obligation appraisal today!