Something like this has probably happened to just about everyone. You accidentally leave your gold bracelet in the pocket of your jeans. After a routine encounter with the washing machine, the bracelet comes out clean, but has definitely seen better days. It has been in your dresser drawer since then, perhaps waiting for the day when you might attempt to have it repaired.
Although the term scrap may imply that there is little worth left, the fact that it is made of gold makes it valuable. So what is the opportunity cost? You could sell us the bracelet for cash, or let it continue to gather dust while anticipating a potential future restoration for which you will have to spend money.
Turn Your Scrap Belongings into Cash
Do you have an old, beat up ring you no longer wear? How about that set of fine earrings that are missing a gem? These items can be converted into money today. Conversely, you may be searching for a specific gem to restore those earrings to a wearable state, and with an Altoid box full of diamonds and gems like emeralds and rubies in our shop, we can get you fixed up in no time.
Electronics and mechanical items that no longer function are typically considered useless, lest some repair technician is looking for a project. However, jewelry is among the few things that retains a level of worth despite being broken, incomplete or otherwise flawed. Precious metals such as gold, platinum, silver, palladium, ruthenium, and rhodium command value regardless of their state, and many jewels also hold that line whether they are set in a ring, a pendant, a necklace, or are loose.
Although each piece would be looked at for its specific attributes, types of jewelry scrap generally include: