You've probably seen commercials or advertisements for companies that offer cash for your old gold, silver, and jewelry. It seems like a great deal, but how can you make sure it isn't a scam? Read on to learn how to avoid a scam and sell your gold, silver, and jewelry online.
Whether you are looking to sell 24k gold jewelry or want to sell scrap gold, most gold buyers are willing to take it off your hands and give you cash in return. But you want to make sure you get the best price when you sell jewelry, gold, or silver.
If you're wondering how much your gold is worth and a competitor doesn't publish their price, beware! Many gold buyers and jewelry buyers will not publish their prices or provide a straightforward answer because they don't want you to know how little they pay for your gold!
Protect yourself from unscrupulous businesses. Before you decide to transact business with any establishment you are strongly advised to research their legitimacy. Check with the Better Business Bureau for any complaints against the company, and if you can, go visit their brick and mortar store in person.
If you can go see them in person, their gold buyers should take the time to evaluate and assess each of your items in front of you. (The most popular method of evaluating gold is hand-testing, which is a non-destructive test that allows us to establish the purity of your items for proper payout.)
For most gold jewelry the value is in the precious metal content of the item - generally the weight of the piece multiplied by current gold prices. However, some pieces may have a higher value if it is a signature piece (i.e. a "signed" piece by Cartier or Tiffany & Co.), contains diamonds, or is a collector's item.
If you are selling your gold online, be sure to clearly read their terms of services before sending them any of your gold, silver, or jewelry. Also ensure that they send you a package to ship your gold (you shouldn't be sending your items on your dime), and that the shipping is insured. When you receive your offer of cash for gold, you should never feel pressured to sell. Gold buyers often do this, but if they do, take your items and find someone else to sell to.
Selling your gold, silver, and jewelry can be a great way to receive extra cash. Just make sure you take your business to legitimate, honest gold buyers, and you can avoid scams and receive the most cash for your gold.
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