Business & Finance Personal Finance

THE BEST WAY TO SELL YOUR GOLD

If you want to sell your gold, you have probably been considering the many ways you can do this. You can sell your gold locally to a jeweler, a pawn shop, or an out of town buyer's mart at a popular hotel. You won't get a fair value, however, when you sell your gold in this manner.

Mail-in or online services tend to pay better rates, but you need to make sure you are dealing with a reputable firm when you sell your gold by mail. Check the company's record with consumer protection agencies, such as the Better Business Bureau and the Federal Trade Commission. If you have scrap gold, such as broken or mismatched jewelry or odd pieces of flatware, this is usually where to sell your gold for the most money. They will usually pay for shipping and insurance when you sell your gold to them, and some will even pay for returning your items should their offer not meet your expectations.

Before you decide where to sell your gold, compare rates at several sites. Check back over several days to see how the rates are changing. Look for postings that are continuously updated rather than ones that change infrequently, since you want to know the most current price before you commit to sell your gold to them.

No matter how you plan to sell your gold, you should weigh the items yourself and make notes about how many grams of 14k you have, how many grams of 18k, and so on. Chances are, your scales are not going to agree with those at whatever business you choose to sell your gold to, but if there are major differences, you need to question their weights. Sometimes there is a simple explanation, such as a gold chain that you thought was 22k that is actually gold filled and therefore not included in the buyer's list. A reputable dealer should return that item to you as proof that you received honest treatment. You can help avoid such issues by learning how to identify such pieces before you try to sell your gold.

To find an excellent combination of pricing, customer service, and special services, visit the Silver and Gold Exchange online. There you will find a live time price list that is updated continuously as long as the market is open, plus a wealth of educational information. They will pay for shipping to not only receive your items but to return them to you if you decide not to sell your gold to them. They let you know what their offer is before they issue a check, so you can decide if you want to sell your gold to them. This eliminates the problems created by other dealers who send you a check and then expect you to take action within a set time frame if you want your items returned. You can also find free scale rental, so you can weigh items and know just how much you will earn if you sell your gold to them. The company is Better Business Bureau Accredited, and has never had a complaint filed against them. All in all, Silver and Gold Exchange is a great place to sell your gold, and they would relish the opportunity to prove it to you.


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