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Where to Sell Gold Items

Sell Gold Items

The craze to sell gold items has remained steady over the past few years and as the price of gold increases, more and more people are becoming interested in selling gold as a way to stay afloat during these critical economic times.

And because gold is stable, people rely on it more than they do the United States dollar bill. And the more people want to purchase gold, the more it’s demanded and the higher the price of it rises. That’s why it’s such a great time to sell gold and make a nice profit from it.

But, before you consider the first buyer you see for your gold coins, jewelry and other valuables, you need to research how to sell gold and how that buyer does business before you make a deal to sell your gold to them.

Finding a reputable buyer is an absolute must if you want to get the most for your valuables. Just remember that the market price of gold changes by the minute, and the buyer will want his or her share of the profits as well.

There are many ways sell unwanted gold, including at auctions, pawnshops, online buyers, jewelry stores, coin shops and more.

Auctions are the perfect place to go when you’re interested in selling old gold. Historical pieces will generally fetch a lot more money at an auction than they would by selling it to a dealer for eventual melt down.

Paws hops should usually be used as a last resort or if you don’t want to sell gold, but are looking to get some fast cash by using it as collateral. If you are thinking about actually selling your gold pieces through a pawnbroker, you should know that you may not get the best price available for your gold items.

Online gold buyers are the companies who allow you to send in your gold and silver by mail and then send a check back to you for the amount they determine your pieces to be worth. This method to sell gold online, is the most convenient since you don’t have to visit the buyer or waste time driving around town. You can easily sell gold coins, broken gold jewelry, dental pieces, electronic pieces or just about anything that is made from the precious metal.

Jewelry stores are another place to sell gold jewelry. They usually tend to offer a fair price based on the market value depending on the piece. And even if your jewelry piece is in need of repair, some jewelers will still purchase your piece if it’s repairable.

Coin shops are another great option when you’re interested in selling gold coins. Most coin collectors know and recommend you take your coins to a Professional Numismatists Guild since they’re highly trusted when handling business deals. Just keep in mind that when you’re selling coins, the value is determined by the weight as well as the grade and whether it‘s rare or not.

Now that you know of a few ideas on where to sell gold, we hope that you will profit greatly when you do decide to take advantage of the many reputable buyers both on and offline when you’re finally ready to sell gold items.

Want to Sell Gold Online?

Sell Gold Online

Want to sell gold online? Before you do, there’s a few things you really need to know. Unlike selling gold face to face, the Internet is a potentially riskier place to sell it, and not every website that offers to buy and sell scrap gold is legit.

Still, not every business on the world wide web is a scam either. It’s just a matter of doing your research beforehand.

The first thing that is an definite given is to never sell gold to a website that even looks suspicious. And by suspicious we mean, if there’s no information about the company, then chances are they’re not going to be legit.

Yet, even with information you still may run into problems and that’s where the Better Business Bureau comes in. If the company is listed and it’s positive, then they’re probably a reputable company.

However, just because they’re not listed with the BBB, doesn’t mean they’re a bad company. It just means you’ll need to dig a little further by Googling them or asking around to find out what you can about their services.

Once you’ve done your research and you think you have the ideal company in mind, make sure you make copies of everything you send and photograph everything if possible.

And make sure you’ve insured the package. Taking the extra steps to copy gives you the added security that may just be needed should the company claim they never received your gold items.

One of the easiest ways to sell your gold on the web is through auction sites like Ebay and Amazon. With both you can post your gold jewelry, gold coins, gold bars, bullion, nuggets or whatever items you may have that contain gold.

You can set your own price and payment specifications and you can even include shipping and handling fees to keep your out of pocket expenses down as much as possible.

However, before you set a final bid price, you should always check the price for the precious metal beforehand. Then, take note that prices change on a daily basis, so selling your gold items at auction is fine, just remember that the price of gold does fluctuate.

And then once you’ve set your price for your gold items, by the end of the auction you may find that your profits were far more than you’d anticipated. Both Ebay and Amazon even allow you to check on your bidder’s history if there’s ever a concern.

Just keep in mind however that both auction sites do have seller fees, so you’ll need to keep that in mind when you set your price. Also, remember that not every auction is successful and you’ll still have to pay those seller fees even if you don’t make a sale.

Remember, when you sell gold online, to insure you’re not going to end up getting the shady end of the deal, always do your research, make copies and take any extra steps necessary before you seal the deal.

Sell Silver -  Sell Gold