San Diego Jewelry Expert Offers Guidance as Gold Prices Reach Near-Record Highs

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.

The boutique jewelry store, which holds an A rating with the Better Business Bureau, specializes in evaluating not only the melt value of gold but also the potential resale and collectible value of fine jewelry. Blackburn explained that antique or designer pieces aren't just gold—they represent history, artistry, and desirability, which is why his business regularly pays well above melt value for such items.

Recent clients have noted 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. For many families, the motivation to sell comes down to timing, with gold prices peaking at levels not seen before, allowing them to turn long-forgotten jewelry into cash for education expenses, travel, or reinvestment.

Blackburn encourages residents to educate themselves before selling their gold by checking the day's gold price through online resources, knowing the karat of their pieces, 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, ensuring clients leave with either a clear understanding of their items' value or immediate payment if they choose to proceed.