Selling Gold Without Getting Ripped Off

Selling gold can be a confusing process to someone new to the whole idea. With so many buyers looking for scrap gold it is easy to get caught up in the process. As with any big market, some of these companies are not looking out for your best interests and many are looking outright to rip you off. So it is best to do research into each and every company and look for reviews both good and bad. Try to avoid those with with many bad reviews.

Someone over at today.com has a similar opinion to mine and I’ll let him explain selling gold without getting ripped off in more detail since he already has a lengthy post on the topic. If you want to know where I sell my gold to, toss me a comment or email and I’ll let you know. I’m always happy to help newbies to the gold selling scene.

Sell Gold For Top Dollar

Are you wondering how to sell your gold for top dollar today? The answer is simpler then you might think. Selling gold for cash is a fairly simple process.

First thing you should do is collect all the scrap gold you want to sell. Next, visit a local jeweler or pawnshop and get your gold appraised. This is a very important step if you don’t want to get ripped off.
Remember that the jeweler or pawnshop owner wants to keep 10-30% of the total price so he can make a profit. Compensate for that when you compare appraisals from different vendors.

The gold value fluctuates daily so it’s always good to check before you go out for appraisals. Goldprice.org is a good place to check for this. There is great opportunity right now because the price is so high. It is almost at record highs.

Once you have a ballpark figure for your gold, that’s when you take your research of your local dealers and compare it to those online. Remember if your gold is just laying around you are missing out on potential cash!

Quick Cash Ideas – Sell Gold Jewelry

How much old, out of style jewelry do you have laying around your home? You could be missing out on some extra cash. Gold refiners and scrap gold deals will buy your gold regardless of the condition. It can even be broken or tarnished.

Gold is popular now with the value of the dollar decreasing all the time. You can take advantage of that to sell gold jewelry now. The jewelry can be anything from gold bracelets, necklaces, and even gold fillings.

The stock market is a mess and individuals want a secure investment with little risk. That means the value of gold rises. It might not be this high for long so make sure you get the most for your gold while you can.

If you don’t sell gold jewelry now you will miss out on a great opportunity to make some extra cash. What else are you going to do with it?

Quick Cash Ideas – Sell Your Gold Coins

So your having cash flow problems and have a gold coin collection. Well consider selling it, you will make more then enough cash for it.

Coins come from everywhere, from Canada to Australia to the UK to South Africa. If you have some of these coins chances are you should try to sell your coins to other private collectors rather then having them smelted down for scrap value.

Gold coins come in all shapes and sizes and that is how they are valued. The price changes according to those 2 features.

If your collections consists of only a couple coins try selling to a gold refiner or scrap dealer. They pay according to weight and gold content. Now if you have a large collection, get it appraised! Remember to get a second opinion. You may be able to sell the collection as a whole but you might get even more if you sell the coins of by themselves.

You can try the internet to sell or look locally for buyers. Online auctions are also a good place to list your gold coin collection. It may take awhile for it to sell in an online auction so if you need cash right away you probably don’t want to go that route. If you go to an online gold buyer like cash4gold be aware of the value of your gold ahead of time. Those sites will never offer you full value and in most cases not even close to it. That’s why you always get your gold appraised before hand.

As long as you do your homework, you can make a lot of cash selling your gold. Many people already sell gold so watch other peoples selling strategies and you will sell your gold coins faster.

Down On Your Luck? Sell Gold

Whenever times are tough or when value of gold increases people get the idea to sell gold jewelry, ornaments, or scrap gold. If you sell when the gold value is high chances are that when the price lowers it will still be more valuable then before. That means you can purchase increased gold the next time. This is a smart investment and will increase their gold portfolio.Investing in gold allows you to make larger profits in the future when the same thing happens.

Multiple ways exist to sell gold but most people fail to realize that a jewelry store or pawn shop doesn’t have their best interest in mind. A lot of people let just one individual value their gold. Don’t do this unless you enjoy getting ripped off, not that every place would but you decrease your risk when you get your gold appraised from multiple places.

Everyone has seen the commercials for websites on the internet that advertise that all you need to do is send in your gold and they will cut you a quick check for the best value. Don’t fall for it. Always be careful with online companies and investigation their site. If they don’t have a phone number then just ignore them and move on. Doing your research will minimize your risk.

A gold refiner is another option to sell. Refiners have the experience you want and the knowledge to value your gold correctly. You should still remember to do your research. Find the refiners that are local and research the company and their history.Find one of the more popular refiners that is great proof they are offering great deals and are probably more trustworthy and better for you to do deal with.

If you do decide to sell gold remember to do your research and follow these tips and tricks and you will minimize your risk. Selling gold is a great way to get some quick cash for anyone.