A common staple for television and film adventure stories is that gold and treasure is always equaled to fortune. There is no denying this fact, but something that many people seem to neglect is how to properly sell their gold. Not many realize how easy it is to lose profit. With these tips, you can be ensured that this will never happen to you. You can be ensured that you can sell gold easily and proficiently.
These refiners “assay” or test the metal for its purity or fineness. The gold bars are generally stamped .995 (99.5% pure gold) or higher purity, along with the individual bar’s weight. Gold bars can be purchased from selected commercial banks, brokerage houses, and precious metals dealers.
In many ways the production of gold has flattened out. There are issues of uncertainty and inflation within the investment market that has helped drive the price of gold to a current high. With rising opportunities for people to psmgold their gold jewelry, coins, and junk gold the ability to buy gold a staggering prices often presents itself.
Question 3: Ask them what associations they belong to because this will allow you to check them out and see if they are respected in their industry or have angry clients. Make sure you research the BBB and see if there are any claims or complaints against them. If you call them and you get a customer service rep, this does not make them a reputable company. This is just a ploy used to appear like a big company. You can hire a call center to do any number of things for you. Call center employees get scripts, not training in gold purchasing.
You could also consider selling gold jewelry on the internet. You can go to a site that buys and sells gold. Next, you can browse through their site and find the page where they will request your information and typically mail you a free mailing kit. You can send your unwanted gold by mail. These services may have different names, but they all have a common purpose – buying from people who are selling gold. These sites have low overheads, and they usually don’t advertise a lot. They may offer a good price if you are selling gold watches or other items of the precious metal because their overhead costs are low. Online shops definitely offer better payouts than local pawn shops and jewelry stores.
The short answer to that question is NO. I have been buying and selling stuff on eBay for many years and recently their fees have just gotten out of hand. Have you noticed why shipping costs are so high on their auction site? This can be the only way that sellers can actually recover their costs. Virtually no Thanks.
Know your terms- the last but not the least thing to do is to find out what the company’s policy is. Find out what terms and conditions they have for selling gold jewelry. You have to read through this carefully and note of any catch phrases. The terms and conditions are usually provided for in the dealer’s website.
WHERE TO SELL GOLD: You will always get a higher price from a wholesaler than a jewelry store. The wholesaler specializes in buying gold jewelry from customers and deals directly with the refineries. They can offer you a better and will allow you to mail your gold in for your convenience.