Yes. We value your jewelry based on the precious metal content, not the value as a piece of fine jewelry. We evaluate the price considering the melt value and the current market conditions. Our reputation is founded on paying fair prices to our customers.
Most times when you buy a piece of jewelry you are not only paying for the gold, you are also paying for the craftsmanship and beauty of the piece. Our payments are based strictly on the precious metal content.
We do not charge any fees to process typical shipments.
However, there are a few circumstances where we charge small fees which are deducted from your payment.
InstantPay: We charge 2.99 fee to process your InstantPay direct deposit. This is actually a bank fee that we split with you.
Overnight Shipping: Typical shipping takes 2 Days. If you need to get paid right away, no problem! Ship your jewelry FedEx Priority Overnight and we will receive it by 10:30 AM the next day. We pay the first $12 of the shipping fee, and you will be responsible for the rest. (usually about $15 to $20). We simply deduct the difference from your payment.
Insurance: We offer $100 worth of insurance for U.S. Postal shipments and $500 worth of insurance for FedEx shipments. If you feel that you need more insurance, we ask that you pay the difference. Give us a call to make the arrangements.
Return Postage: We charge an $8.00 shipping fee to return non-precious metals or we can dispose of them for free.
The Jewelry Return Pack is free of charge. Remember, the Jewelry Return Pack is mailed to you and may take up to 3 days. You can print all of your shipping labels on-line and skip the hassle of waiting for the mail.
Within hours of receiving your request, we ship out your Jewelry Return Pack first class mail via the U.S. Postal Service. Depending on mail delivery times, you can expect to receive your pack within 1 to 4 days (excluding Sunday).
We suggest using one of our Self Mail options to avoid delay.
Almost all real gold jewelry is marked with the gold content, such as 14k or 10k. Sometimes it is a little hard to read the markings, especially on the post of an earring. As a general rule, if it isn’t marked, it’s not gold.
However, there are some exceptions to the rule.
Sometimes gold has been incorrectly marked by the manufacturer.
Some very old pieces and foreign jewelry is not marked.
If a ring has been sized sometimes the markings are removed.
Take a look at the What we Buy page to learn more about Indentifying Stamps.
MTL Group, LLC, doing business as NowGold.com is registered with Florida Department of State, Division of Corporations. We are licensed with the Florida Department of Revenue as a Precious Metal Mail-In Dealer.
Spot Price is the price at which one troy ounce of gold sells for in the commodities markets. Jewelers typically sell jewelry at two or three times spot value. Metal recyclers always pay under spot value.
Almost all real gold jewelry is marked to identify the gold purity. Sometimes the markings are hard to find, especially on the posts of gold earrings. As a general rule, if you can't find a marking telling you the gold purity, it's probably not really gold.
Sometimes, especially on antique jewelry and Italian jewelry, gold manufacturers leave of the stamp, even though it is real gold. Other times manufacturers put on a false stamp to take advantage of their buyers.
Really, the only way to tell for sure is using technical testing procedures. Chemical test and spectrometry are often used by jewelers to test the gold.
U.S. Coins (Quarters, Dimes, Halves and Dollars) minted in or before 1964 are 90% silver.
Half Dollars and Dollars minted from 1965 to 1970 are 40% clad silver.
War Nickels: Some 1942 Nickels, and all 1943 to 1945 Nickels are 35% silver.