Do you have unwanted gold? Now is a good time to sell, because gold is going for an all-time high. It’s not too late to sell your pieces for a nice profit.
Most of us don’t know how to go about selling our unwanted gold, however. You don’t want to just experiment or risk making a poor decision in sending off your items by mail to who knows where.
Below are some tips on how to sell your unwanted gold and have confidence that you did it the right way.
Sell your gold in person. No exceptions. You want to be there and be in control of the situation.
First, ask the prospective buyer for a quote per gram weight, not pennyweight. If you go by gram weight you will get a more accurate figure, plus because it is more standard you’ll be able to compare different offers to make the best choice.
Make sure the buyer makes an offer based on karats, not just weight. Not all gold items are the same; some are more pure and should command a higher price. Ideally you want the buyer to test the gold in front of you to make sure there are no shenanigans.
If a buyer tries to give you an offer that is good only for that visit, and says that they won’t be able to buy if you come back later, don’t fall for it. These aggressive tactics are meant to scare you into taking a lowball offer, and are designed to prevent you from comparing offers from other potential buyers.
If you are dealing with a reputable buyer, you’ll get a standing offer that won’t change or expire (but will be subject to change as gold prices change) for a few days. This gives you a chance to make a decision.
Don’t hurry, especially if you have valuable pieces to sell. You are better off to do some research and check your options before you choose who to sell to. It will be time well spent.
Besides jewelry, the writer also regularly writes on cat condos and Da Bird cat toy.
Tags: advice, business, coaching, fashion, finance, goal setting, Gold, Jewelry, marketing, personal finance, sales, self esteem, self-help, Success