Record Gold Prices Drive San Diegans to Sell Jewelry, Highlighting Value of Expert Appraisals

Gold prices have climbed to near record highs in 2025, sparking renewed interest among San Diegans looking to sell unwanted gold jewelry, coins, and heirlooms. Today's gold price hovers around $3,555 per ounce—up from about $2,692 this time last year and roughly $2,129 two years ago. This dramatic rise has made even modest pieces of gold jewelry significantly more valuable than they were just a year or two ago.

According to Carl Blackburn, owner of C. Blackburn Jewelers in La Jolla, the difference between selling to a pawn shop, mailing it to an online buyer, or working with an experienced estate jeweler can amount to hundreds or even thousands of dollars. Many buyers in San Diego focus strictly on gold weight, paying as little as 55% of the daily market value. In contrast, Blackburn often pays significantly more—typically 80–85% of gold's value—and offers premiums for estate jewelry, vintage designs, and pieces from luxury brands.

Blackburn noted that antique or designer pieces aren't just gold but represent history, artistry, and desirability, which is why his shop regularly pays well above melt value. Recent clients say that Blackburn's careful evaluation process sets him apart, with one local customer recalling how he explained each piece's quality and craftsmanship before making an offer and appreciated the sentimental value.

With gold prices peaking at levels not seen before, many families are choosing to turn long-forgotten jewelry into cash that can be used for education expenses, travel, or reinvestment. Blackburn encourages residents to educate themselves before selling their gold by checking the day's gold price using online resources, knowing their karat values, considering gemstones and brand value, and choosing a reputable gold buyer with established reputations and transparent practices.

At C. Blackburn Jewelers, evaluations are free and come with no obligation to sell. Clients can walk in with scrap gold or an entire estate jewelry collection and leave with either a clear understanding of their items' value or immediate payment if they choose to sell. The boutique jewelry store holds an A rating with the Better Business Bureau and specializes in evaluating both melt value and potential resale and collectible value of fine jewelry.