How To Buy Gold Jewelry Online? (5 Step Guide)

Step 3: Look For Certification And Hallmarks

The hallmark is proof of the claimed purity of the precious metal. Always insist on this mark and make sure it matches the item’s description. Generally, the hallmark is either the karatage or the percentage of gold purity engraved on inconspicuous parts of the gold jewelry.

Apart from the standard hallmark, you can also find other marks engraved in the piece: the year of marking, the jeweler’s mark, the purity code, and the testing center’s mark.

Step 4: Understand The Language Of Gold Jewelry

So, you have chosen your online retailer, and know a few things about gold purity. But you still find it hard to juggle through the jargon in item descriptions. Well, before making any further decisions, you should take the time to understand what these terms mean.

For instance, gold plated jewelry is different from a gold-filled one. Gold plated jewelry has a thin crust of gold, plated on top of another base metal. Gold plated items are cheaper but will tarnish with time, showing the base metal. However, other forms of gold plating have specific base metals; vermeil, for instance, has sterling silver as the base metal. They are best used for those allergic to nickel.

Gold-filled jewelry, on the other hand, is filled with gold and a small percentage of metal alloys to make it last longer.

Step 5: Check For Warranty And Return Policies

If you’re making a high-risk investment such as buying gold jewelry online, it is important that the online company backs their products with a warranty. This may be added to the cost of your product, but it is definitely worth it. More often, companies tend to enhance the color of what they’re selling online and sometimes you may not get exactly what you saw on the website.

This is where the return policy comes about. Most online jewelers offer a few days for returns and money-back guarantees. But not all online sellers will have this option, so it's important to confirm what the company says about returns.

Again, both James Allen and Blue Nile have generous return policies.

Best Way To Save Money Buying Gold Jewelry Online?

Avoid Chain Stores

You may live a few meters from your favorite jewelry store, but I’m not sure if you’ll buy from them if you knew most of them set very high markups of up to 700%! That’s just ludicrous, considering online retailers and small vendors selling the same gold piece at competitive prices.

Again, James Allen and Blue Nile are your friends here. They don't have the same overheads and don’t include salespeople, premises, and other expenses, thus that gold necklace set you had your eye on is probably cheaper at one of their shops. You should also be vigilant enough, not to stoop too low. Even online retailers may not keep their word.

Look Out For Deals 

The best thing about online stores is regular discounts and flash sales. Basically, any online jeweler has a number of deals during the year. Apart from public holidays and Black Fridays, you can land yourself great discounts when buying gold jewelry online.

But not all discounts are right for you. Sometimes they’ll apply to select products or the “discount” might be very low. Compare these deals with different online vendors and identify the finer details so that you don’t become an easy target.

Be Wary Of Extra Costs (Like Sales Tax)

The cost of purchasing gold jewelry goes far beyond the purity of gold and varies from seller to seller. If you’re looking to cut costs, you should get familiar with a few services that hike prices:

- The gold bullion rate. This is the market price of gold, which changes every day. A good online jeweler has a section on the homepage displaying the daily bullion rates of 24kt pure gold. Non-pure gold is typically measured in grams.

- Designer stores: You may wonder why gold sellers affiliated with Bulgari, Cartier, or other top-tier brands sell gold pieces at exaggerated rates. Well, designer pieces fetch price tags up to ten times higher than normal gold jewelry. This is because the other costs cover the product’s quality, designer’s attribute, and the brand name.

- Custom pieces: Unless stated, most online sellers have extra charges for custom pieces since you’ll not just be paying for the jewelry, but the design too.

- Sales Tax: Jewelry is expensive, and most states levy a sales tax. We offer guides on how to avoid sales tax on Blue Nile and how to save sales tax on James Allen jewelry. Check those out to save a bit of money.

What Are The Best Places To Buy Gold Jewelry Online?

I referred to these shops numerous times throughout this piece. It's not because I'm trying to promote them, I genuinely think these guys are doing a great job at providing customers with a superior experience buying gold jewelry online. The industry is changing, and these guys are here to help you get better pricing on the same gold rings and gold bracelets your parents were buying years ago.

James Allen

James Allen is you one stop-jewelry shop and you’ll find a nice collection of gold jewelry. Although the online seller is not specialized in gold only, they have a wide inventory and offer 360-degree videos for each item. It is quite useful, especially from such an investment, to have a virtual view of how your preferred jewelry looks like.

However, navigating through JA’s inventory can be daunting. Currently, there’s no section dedicated to gold jewelry and you would have to search manually or filter based on the gold metal only. Beware of stone-studded jewelry as they fetch pricier tags.

All in all, the website is great and James Allen has been in business for more than a decade, so it shouldn’t be a risky affair shopping at JA.

Blue Nile

Blue Nile has a reputation for very competitive prices and offers gold jewelry too. Most of BN’s products have 360-degree imaging and certifications. The jeweler may sell all kinds of stones, but finding gold jewelry is somewhat easier as there is a “precious metals” section under each type of jewelry.

Since the inventory is not as wide, in terms of gold jewelry, you’re able to reserve an order for up to 48 hours. This way you’ll have more time to decide if you made the right decision. BN is one of the most reputable online jewelers and purchasing here does not have to be tricky. Just remember to verify the fine prints before making an order.

Whiteflash

Whiteflash has magnified its brand from retailing top-tier diamonds. However, it has limited varieties of gold-only jewelry and sometimes you may have to place an order and wait for Whiteflash to contact you. Honestly, I’ll recommend other sites if you’re looking for pure gold jewelry and not just stone-studded pieces.

Whiteflash may have a reputation for selling high-quality diamonds, but they lack in variety of gold jewelry. In fact, if compared to Blue Nile, Whiteflash has very few selections of gold jewelry.

What Are Red Flags When Buying Gold Jewelry Online?

It is worth pointing out some red flags as you begin your online search for new fine jewelry.

- Avoid buying gold jewelry without hallmarks. Some online vendors will try to sell you gold without engraved marks on the piece. Unless you are an expert, avoid buying such golds as you might have trouble in case you decide to resell.

- 24k gold jewelry may not be the best option. 24 karat might be the purest form of gold, but it is also one of the rarest. Furthermore, pieces made of 24k gold are ductile and might break if exposed to rough conditions.

- Avoid gold jewelry with a few images (or with stock images)- Now even though you may not focus much in the 4C’s in buying gold jewelry, it is important that you see what you’re buying beforehand. The images must also be real, high-quality images that represent the real dimensions of the item. This way you’ll avoid getting ripped off of items that do not match its descriptions.

-  Watch out for fake gold. Bring a magnet with you to check if you're unsure. Real gold jewelry is not magnetic, while fake gold jewelry is!