Many people are unsure about how to sell unwanted gold. By keeping some basic tips in mind, you will find that it is quite easy to make money from your unused and unwanted gold.
How To Sell Unwanted Gold
Step 1 - Find Out What You Have
Once you have collected the unwanted gold items together, you will need to find out how many karats your gold actually has. There are a few common types of karat denominations that can be found in gold, such as 10k, 14k, 18k and 24 k. Pieces of gold that are 24 karat will bring in the most money.
By knowing what you have, you will be able to better understand and evaluate the quote you may receive from a gold buyer. If you have a jewelry scale, it is best to weigh your items before you get a quote. The heavier your items, the more money you will make.
Step 2 - Locate a Reliable Gold Buyer
One of the most important steps in how to sell unwanted gold, is locating a trustworthy gold buyer. When you deal with an honest and reliable buyer, you will be treated fairly which means that you will stand to make more money.
If you choose an unreliable buyer, you will be offered little money for your gold items and you are more likely to be taken advantage of. In order to avoid this, you should select an online gold buyer. These types of buyers can provide you with the highest quotes and the fastest service. They supply you with a free mailing kit so that the gold selling process is streamlined.
Step 3 - Gold Buyer Background Search
You can use the Better Business Bureau website to perform a free background search on the gold buyer of your choice. This agency has records of millions of companies, which allows you to find out about their past and their complaints. This is an important step in figuring out how to sell unwanted gold.
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