Buying gold has unfortunately become a massive scam from some companies within the last few years, all of which will not be named here, (they know who they are…) and I'm here to tell you how you can avoid getting your gold essentially stolen from any of these crooks.
A pretty popular option within the last couple of years has been to sell gold to companies and websites that offer “free appraisals” when the gold arrives to them, and then, here's the part I love, they DON'T tell you the value and ask if you'd still like to sell, they simply take the gold, give you what they think it's worth, and run. The worst part is, 90% of the time, the poor sucker selling the gold didn't know that he or she was actually selling the gold, they sometimes think they're sending it simply to get an appraisal, not sell it entirely. Be very wary of any program that asks you to send your gold off to somewhere without any sort of up-front offer. I have a close friend who used one of these programs and was literally paid 3 dollars and 14 cents for a necklace that originally had cost over one hundred dollars. She had unknowingly been bound to a contract by using their free shipping service, and therefore could not take any legal action.
Another option for selling gold is usually the pawn shop. While, at the very least, you're making the deal in person and have control over the gold being sold or not, and can even haggle on the price, this still isn't your best bet. Pawn shops are sometimes owned by very, very honest people, and sometimes they are not. Either way, the shop owner is typically looking for the method that wields the highest profit. While you can sell your gold to a shop such as this, you're probably better off with one of the following options:
If you really want to maximize your selling power, try selling it on the internet! While some are skeptical and afraid to buy jewelery on the internet, if you can provide lots of pictures as well as money-back guarantees, you will have no trouble selling your items at all. This way you'll know EXACTLY what you're getting and you can even set your own price. This is the absolute best option in my opinion. However, I know there are plenty of folks out there who want nothing to do with the internet, paypal, shipping items, or any of that kind of stuff. So, what is a solid choice for these folks? Sell your gold to your community's most trusted jewelery seller. You're best off looking for some “ma' and pa' ” stores to sell to, not commercial chains. Do your homework and you should have no trouble making good money off your gold with this method.
As the price of gold coins increases some people are considering selling their gold coins, but consider carefully before you do.
Sell coins! Get TRUE market value for your silver and gold coins. Selling gold coins is easy with Refinity.com. We offer a Double Cash Back Guarantee.
Sell Gold Coins to an experienced coin dealer buying all gold, silver, and bullion coins. Free appraisals. (In Massachusetts, serving USA)
Find out what to expect when selling gold coins and bars. A guide on how and where to sell your gold at the highest prices.
How to Buy Gold Coins and Bullion. Free Guide
Selling Gold, If you are interested in selling gold Blanchard and Company, Inc. can buy any actively traded gold bullion product in any quantity required. Selling Gold, Sell Gold …
We sell gold and buy gold: We provide price histories and photos of gold bullion coins and gold bars. We answer questions about how to buy gold or …
We buy gold coins of many Countries and denominations < Use links on left for more gold we buy
How to Buy Gold Coins and Bullion. Free Guide
Sell Gold for cash. GoldKit is a safe way to sell gold jewelry & sell gold coins online. We've been in business almost 20 years. BBB Member in Good Standing – Sell your scrap gold …