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Get Extra Cash by Selling Gold

Selling Gold

selling goldWho doesn’t need some extra cash these days? You can get extra cash fast by selling gold. You can sell gold jewelry, gold scrap, gold dental and bridge work or any items you might have that contain gold.

Selling unwanted gold from an old marriage or relationship has become quite fashionable – you can even have a gold selling party, have fun with friends and family.

Gold selling parties have become a trend that’s quickly catching on in all areas of the country. Again, you can check online to see what’s involved in hosting a gold-selling party for your friends, family and neighbors.

You might also want to check with a local gold buyer to see what kind of deal he can offer. Hosting a gold selling party with a gold expert can ensure a fun time for all – and everyone walks away with some spendable cash.

With the price of gold roaring higher each day, many are selling unwanted gold contained in old or broken gold jewelry, coins and medals to get the cash they need or want. There are several methods by which you can easily sell scrap gold.

You can get lots of information online about companies who will buy your gold and will be happy to send you an information kit telling you all you need to know to sell your gold quickly and easily.

For some, selling gold that came from a defunct relationship and bad memories is a way to release all the bad “karma” that’s hanging on. For others, selling gold might be a necessity in order to pay a mortgage or car payment.

Whatever your reason to sell gold, you’ll find that the market is ripe and you can usually make a good deal.

In these tough economic times everyone is looking for a way to find extra cash and selling gold seems to be the way many people are finding it.

You can find dozens of methods on how to sell scrap gold on the Internet – and there are also dozens of buyers anxious to purchase it. Do your research and find the best method for you.

When you decide you want to sell your gold, the first thing you should do is check out the purity of each gold piece. Keep in mind that some jewelry will have a stamp indicating its gold content. 24 karat gold is pure, while 14 karat gold is 14 parts of gold to 10 parts of another metal.

After determining the content of the gold items, go online or read the newspaper to find out the current gold price. The price of gold changes on a day to day basis, but you can get a good idea of what your gold is worth.

You may be able to sell gold locally by calling scrap gold dealers, local pawn shops and other gold merchants to see what price you can get for your gold. Also, check out online dealers and make your decision based on the best price you can get for your unwanted metal items.

Jump on the bandwagon and join the gold rush that’s going on right now while gold prices are highest. Selling gold could be just the avenue you’re looking for to pay bills, take a vacation or sock away some extra cash.

Selling Your Gold For The Best Price

Selling Your Gold

selling your goldSelling your gold can be the best decision you’ve ever made right now, especially with the continued steady rise in the preciouprice of golds metal’s price. But before you cash in your gold, you should know that while there are a lot of businesses who are willing to buy your gold, not every buyer is willing to give you the best deal.

So to assure that you get the best deal, you need to check with the Better Business Bureau to make sure the buyer you want to sell your gold to isn’t going to rip you off, simply put. However, you also need to keep in mind that not every business good or bad will be listed with the Better Business Bureau, so you’ll want to research the company thoroughly.

Also, keep in mind that not every company is bad even if they’re not willing to give you the best deal. A very good example of this are pawnbrokers. These brokers are often the first place sought out by those who want to sell gold in a hurry.

They should however be the last place you should visit unless you’re willing to part with a lot of money for your valuables. Pawnshops often purchase a lot of goods as well as loan money for those goods, so making a profit from anything they purchase requires them to buy low and sell high.

One of the best places to profit when you want to sell gold may be a jewelry store or a coin shop. Be aware however that some gold jewelry buyers are only interested in jewelry and nothing else.

So if your valuables consist of other items, you’re better off going some place else. If you do have jewelry, that jeweler should offer at least 70% of the going rate in the precious metal, minus any fees they may have.

Online businesses that deal specifically in buying gold through the mail can be a great advantage when you’re trying to sell scrap gold. Just be sure to do your homework to find out if the business is really worth sending your gold items to, otherwise if something happens in between the time you send your goods and they receive them, you may quickly find out its not such a great deal after all.

And you need to remember that once you make a deal with them and the check is in your hand, you can’t change your mind.

If you have a lot of items to sell, you may be able to skip the middleman and go straight to the refiners. However, it’s very rare the find a refiner who’s willing to buy from you if you’re a private individual since small amounts of the precious metal isn’t worth their time or effort.

Other options you may want to check into are brokerage companies who may be willing to purchase gold coins, bars, nuggets and so forth, jewelry shows and trade shows if your goods are in decent shape and coin shops if you have plenty of coins to spare, (pun intended!)

Just remember, always do your research before you consider any business, otherwise you may end up with less money than you’d hoped for when selling your gold.