With fuel prices and grocery prices approaching record highs, many people find themselves looking for ways to make extra cash. Selling gold jewelry and scrap gold is an excellent way to make money from used jewelry and even dental scrap that may be collecting dust in your home!
If you are new to selling gold, or haven’t sold old gold in several years, you may be surprised to find how valuable your scrap gold is in today’s market. You may also find yourself surprised by how many different ways there are to get cash for gold, and how easy it can be to sell gold.
Before you get started, you will want to determine how much your old gold jewelry and scrap gold are worth. Check online auction sites like ebay to see what similar used jewelry and scrap gold are selling for, but be aware than unless your jewelry is rare or of extremely high value, you may be disappointed to see how much similar items are selling for.
If your old gold jewelry is of high initial value, you may wish to have it appraised. Try a local jewelry store, particularly one that specializes in used jewelry and old gold jewelry. This appraisal can help you determine how much your old gold jewelry and scrap gold is worth. However, be aware that unless the appraiser is interested in buying your gold, you will have to pay a fee for the appraisal.
After you have researched what your scrap gold and used jewelry are selling for, consider contacting ab online gold buyer like GoldPaq. We are here to give you cash for gold and can assist you by taking used jewelry, scrap gold, and other old gold items and recycling them. You can also ask trusted friends or acquaintances who have sold their old gold jewelry and scrap gold to recommend buyers who offer cash for gold jewelry and scrap gold.
You may also want to contact local pawnshops, who are often interested in selling gold, and therefore offer cash for gold jewelry, used jewelry, school rings, and scrap gold. Local pawn shops have many pitfalls. To be assured that you are dealing with a reputable buyer who will give you your money’s worth for your old gold, contact the Better Business Bureau to see if the business to whom are you interested in selling gold to is a member. Also bring a friend since pawn shops are often in dangerous neighborhoods. You may not want to risk bringing your gold to these dangerous neighborhoods.
Having trouble finding a local buyer who offers cash for gold? Unhappy with the experience of selling gold to local buyers? Want to sell gold in a confidential setting? Consider selling your scrap gold to an online buyer! Online buyers offer you the convenience of selling gold in a discreet manner that allows you to receive cash for your gold in the comfort of your own home. In addition, many online gold buyers, unlike jewelry stores and pawnshops, are interested only in buying old gold, rather than gemstones or other items, and are therefore more knowledgeable about the market. You may also find that they offer you considerably more cash for your gold.
How does working with an online buyer of scrap gold work? Online gold buyers will send you what’s commonly known as a “gold kit,” or insured envelope in which you place your old gold jewelry, used jewelry, school rings, dental gold scrap, and other gold scrap in in order to safely mail it. Once the online gold buyer receives your gold kit, he or she will then appraise your scrap gold and make an offer for your gold.
You may wonder how online gold buyers will process your payment for your scrap gold. Online gold buyers will offer you several options for turning your gold into cash. Many will allow you to receive cash for your scrap gold through secure payment methods such as Western Union or other online methods. If the amount of old gold jewelry and gold scrap you offer for sale is larger, the buyer may opt to pay you by bank wire transfer or company check.
Selling gold is a great way to turn used jewelry and gold scrap into cash. Give it a try!
Source : goldpaq
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