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6 Best Tips for Selling Your Gold by Kevin Smith





6 Best Tips for Selling Your Gold by
Article Posted: 08/16/2017
Article Views: 269
Articles Written: 984
Word Count: 425
Article Votes: 0
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6 Best Tips for Selling Your Gold


 
Business
Need quick cash? How about selling your gold jewelry or coins? There are gold buyers in Atlanta who are ready to pay you top dollar for those pieces. It seems everywhere you look there are signs, billboards, TV ads and radio spots enticing you to sell your precious metal. With such high demand, where do you start? Who should you do business with? Those are legitimate questions and below are a few tips to lead you in the right direction.

Find out the Karat

Karat refers to the amount of gold in the jewelry or coin. In most cases, these pieces are mixed with other metals. Anything less than 24-karat means it has less gold content. The higher the karat, the more money it is worth.

Get the Gold Appraised

It is good to know how much your jewelry is worth before you sell. An appraiser will examine the metal and tell you the fair market value. You can have it appraised at a fine jewelry store or find an independent appraiser. In any case, make sure the individual is licensed. You can find a list of these professionals from organizations such as the American Society of Appraisers.

Be Cautious With Gold Coins

Some gold for cash shops may entice you sell by the gram. Money wise, it may not work in your favor. You will get a better price working with a coin collector.

Avoid Pawn Shops

Pawn shops are an obvious choice for selling your gold, but these stores are not always the best option. When it comes to gold buyers in Atlanta, you will do better going to an established jewelry store. In most cases, these dealers will pay you more money.

Do Your Research

There are companies that don’t have good reputations. So find out as much as you can about establishments that buy gold. The Better Business Bureau is a good resource. It has a database of customer complaints and reviews.

Comparison Shop

There are so many shops and dealers buying gold. With that said, the prices they pay sellers vary greatly. One reason for this is that the market value of this precious metal fluctuates. Don’t jump at the first offer. Shop your gold to at least three businesses. By doing this, you have a better chance of pocketing more money.

Why keep old gold jewelry lying around the house? If you need a little extra cash, you can sell those pieces. There are gold buyers in Atlanta who are eager to make you a fair deal.

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