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It's no secret Gold has grown in value year after year, but there's no telling when it could drop. Because of this, people have started to sell their Gold while the price is so high. As of right now, Gold is worth over $1600/ounce, with these amazing prices you will see a lot of people beginning to sort through old boxes and attics searching for anything gold so they can get in on this while it lasts. The down side to all of this are the number of shady companies and gold dealers that have surfaced waiting to scam the people who don't know a lot about selling gold but have some to sell. There are a few things to look out for when attempting to sell gold.
It is important to find the actual value of you jewelry, coins etc. Stay away from "Gold Parties" or places where your gold is being thrown in to a group with other people's gold as it is all added together, you may not collect what your share is worth. Find certified gold dealers to get your gold pieces appraised to get firm ground to stand on when you decide to start selling. Separate items by Karat weight and test to make sure the gold is actually gold! Many items may look real but contain very little gold or none at all. Also don't forget about gold scraps and pieces that are broken or missing pieces as they can add up and can pay off.
Keep an eye out who you are selling to. Ask for the buyers credentials; make sure they are a state licensed gold buyer. On the other side you may be asked to provide your own credentials; e.g. state license, passport etc. This is to help protect against fraudulent buyers and/or sellers. You may go to multiple buyers before you find someone that will give you the best deal, but don't feel pressured to sell especially from buyers who may only be in town for a few days and promising you top prices for your items then gone the next day, leaving you and other sellers underpaid and maybe not paid at all. You'll be more than happy at the new hobby and with the amount of cash you can easily make doing this. Selling gold jewelry has come a long way over the past few years and is something that will always be needed as the people will always want rings, bracelets, necklaces, and other jewelry items.
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Visit http://www.buyalljewelry.com/ today to learn how to sell your old, unwanted jewelry.
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