While pawn shops offer instant cash, they are generalists dealing in everything from power tools to electronics. Jewelry stores specialize in precious metals and fine gems.

A small business highly praised for its "honest and fair" practices and wide selection. East Islip Jewelers ClosedEast Islip, NY

: Jewelers have the tools to accurately test purity (karats) and identify valuable designer hallmarks from brands like Tiffany & Co. or Cartier that might be worth more than just the "melt value".

Selling your gold doesn't have to be a mystery. By choosing a reputable local jeweler, you ensure your old treasures are valued with the expertise they deserve. Expand map

: Check for small stamps (10K, 14K, 18K). Pure 24K gold is rare in jewelry; 14K (58.3% pure) is the most common in the US.