So there is some truth to saying that jewelry are nice investments. You can always sell jewelry if you are strapped for cash. Since jewelry are made of precious metals and some have precious stones, their value has never depreciated. Depending on how much it weighs, you can always opt to have cash for gold! You can get the best cash for gold jewelry if you know where to sell your pieces. Unfortunately, the value of dollar is going down, so people are leaning towards buying gold as safety net.
If you want to exchange cash for gold from a pawnshop, it will be preferable if your gold jewelry was in very good condition. However, this is not the case when you sell gold to an online buyer who buys broken gold jewelry as scrap. It is a good idea to sell old (broken) jewelry online. You might never wear that jewelry again but you will be able to get the best cash for gold jewelry if you sell it!