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Learn more about Park Avenue Gold Exchange

Jeweler working at a desk in the Park Avenue Gold Exchange office valuing gold items for a customer.

What is a gold exchange service?

   Park Avenue Gold Exchange is a precious metals broker that helps people to exchange old, unwanted, or broken gold jewelry for cash or for investment grade gold. Unlike a pawnshop, or even an upscale jewelry store, we don’t have the high overhead costs of a pawn or retail business so can offer exceptionally good prices for the types of gold transactions we specialize in
(often more then DOUBLE what a pawnshop pays and 20% more than local jewelers on average). We don’t make offers for your jewelry based on things like whether or not we think you know what your items are actually worth or how low of an offer we think you’ll accept, and you won’t have to haggle with us for a fair price. We assist you by valuing your items right in front of you during a private consultation, and if you choose to sell gold to us we will pay a set percentage of the London PM Fix price for gold at the time of your appointment. For more information on the prices we pay, visit the Our Prices page.

Why do people exchange gold jewelry?

   A piece of jewelry is, literally, not worth its weight in gold – as the old expression goes. People keep gold in the form of jewelry because they want to wear it or because the items of jewelry have sentimental value to them. If they ever go to sell their jewelry, however, it will always sell at a discount to the value of the gold contained within it. Or, to put it another way, there is always a cost to changing gold from one form to another, for instance from jewelry to cash or jewelry to pure investment gold, and vice versa. So, when items of jewelry are not being worn or have little sentimental value to their owners, obviously the goal should be to exchange that gold jewelry for either investment grade gold which is a wonderful investment and sells at market values without the discounts mentioned above, or for cash you can invest elsewhere. Furthermore, in order for this exchange to make sense, it must be done at the best possible price – and that is where Park Avenue
Gold Exchange comes in.

Safety & Convenience

   Price isn’t the only reason that Park Avenue Gold Exchange is an industry leader though. It’s hard to argue against the fact that sitting in a private consultation in our office and having your gold tested and valued so that you know exactly what it’s worth before selling it is a far more comfortable experience than standing in public at a jewelry or pawn counter haggling with someone determined to pay you as little as possible. Park Avenue Gold Exchange tests your items with an XRF Spectrometer, an x-ray device that tell you the exact metallic composition of the items tested – not just the purity of gold in the item – but also the exact amounts of all other metals in the item as well! This technology makes our testing far more accurate than the acid and conductivity tests used by most jewelers and pawn shops. Finally, Park Avenue Gold Exchange staff and management have over fifteen years of experience in the jewelry business and are licensed, insured, and bonded. Park Avenue Gold is a division of International Gold Brokers LLC, a Better Business Bureau Accredited Business. The choice is clear. Schedule an appointment today and let us help you get good value out of your old gold jewelry.