1982 since the state liberalized the jewelry business, jewelry has been purchased and distributed by the state, and residents can only go to the People's Bank of China to redeem their old jewelry. In 2000, the state began to liberalize the management of realizing second-hand jewelry. At that time, the People's Bank of China identified nine gold shops in nine big cities across the country to carry out the experiment of collecting and redeeming waste jewelry gold. After the opening of the gold market in 2003, all jewelry distribution units can carry out the collection and exchange of waste jewelry gold. The collection and exchange of waste jewelry gold is a high-tech activity, which requires special facilities and equipment, training of corresponding operators and good foundation and conditions for the collection and exchange of waste jewelry gold.

When redeeming, the redeemer will only buy at the material price, which will remove certain costs. The price of materials is subject to the gold market price, and it will go with the market.

Of course, some gold shops also exchange old jewelry gold, but this channel is difficult to reassure consumers.

I didn't find it in Beijing, but I found the main exchange point of second-hand jewelry gold in Wuhan:

New World Jewelry Building, No.357 Zhongshan Avenue, Liuduqiao Tel: 85444898

New World Jewelry, No.378 Jiefang Road, Simenkou, Wuchang Store Tel: 88876684

Hongshan New World Jewelry Street Branch, No.20 Luo Yu Road Tel: 5 1854200

539 Zhongshan Avenue (Water Tower), New World Jewelry Dahankou Store Tel: 82789 130.

New World Jewelry Jianghan Road Store Jianghan Road Pedestrian Street 137 Tel: 82844442