Michael's Jewelers

gold jewelery with hundred dollar bills
Uncategorized

Why Selling Your Gold Is a Great Option During Challenging Times

The COVID-19 pandemic has been ravaging our country in more ways than one. Everyone knows about the illness itself and what it can do, but we have also seen it take a massive toll on the American working people, and on our economy as a whole. Workers in myriad industries have struggled with layoffs, furloughs, and unexpected pay cuts, and as it has only been 3 months since closures and cancellations began, we have yet to see the full economic impact that the pandemic will have on our country. 

When facing a challenge like this, many people are unsure of what to do to keep their bills paid and their bellies full. When your stimulus check runs out and taking out a loan or picking up extra shifts aren’t an option, it can seem like there’s nowhere to turn. But many are sitting on a potential revenue stream that they may not be aware of: old or unused gold jewelry. At Michael’s Jewelers in Bucks County, we will give you the right amount of cash for all your different forms of gold jewelry — in fact, gold is at the highest it’s been in 6 years! If you’re in need of some extra money during these challenging times, there are several reasons why selling your gold may be the best option: 

inforgraphic describing benefits of selling jewelery for cash

It’s Quick 

If you’ve been financially impacted by the pandemic, you know firsthand how difficult it can be. Government aid can be helpful, but it can be complicated to get and often takes time. Your mortgage or rent may not be able to wait for your stimulus check to arrive or for your workplace to reopen, but at Michael’s Jewelers, we will pay you cash for your gold jewelry on the same day you walk in. With a quick option like cash for gold, you can take care of your needs sooner and be better prepared for potential emergencies.  

It’s Practical  

When it comes to getting quick cash, conventionally practical methods are few and far between. Most short-term money-making methods are either risky or take a long time to see through, but if you’ve been economically impacted by the COVID-19 pandemic, you likely don’t have the time or resources for a long term investment. Selling your gold jewelry is a way to get quick cash for items that may just be sitting around your home, taking up space or collecting dust. At Michael’s Jewelers, we will pay you cash for broken jewelry that you can’t even wear anymore. 

It Can Help You Avoid Debt 

Loans are a common way that people get through economic hardship, but a high interest loan can hurt your credit and actually cost you more money in the long run. Owing money can follow you around for life and sometimes you may feel as if you have no choice. However, if you have any unused gold jewelry in Bucks County, it could be a lucrative untapped revenue stream for you to take advantage of. Trading your gold jewelry for cash at Michael’s Jewelers can help you get the money you need quickly without taking on any additional debt.  

Gold is at a 6-year high — capitalize on it by contacting Michael’s Jewelers today to learn more about buying and selling gold jewelry in Bucks County.