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5 Tips to Sell Gold for Higher Returns by Cleo Gib





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5 Tips to Sell Gold for Higher Returns by
Article Posted: 03/01/2017
Article Views: 176
Articles Written: 86
Word Count: 406
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5 Tips to Sell Gold for Higher Returns


 
Fashion & Cosmetics

People who sell gold in Atlanta can get quick cash in hand for extra expenses or for extra fun money. If you’ve never sold gold before, here are some tips to help you get the most money for your precious metal.

Collect Your Gold Pieces

The first thing you want to do is collect all the gold jewelry or scraps that you have and put them in a pile. Once you have this pile, you’ll begin the sorting process. Gold is measured in terms of its purity. The purer the gold, the more it's worth. Gold comes in the following karats: 24, 22, 18, 14, and 10. Anything below 10 karats is not considered gold and of no value. This is usually what is referred to as costume jewelry.

Divide Up the Gold

Once your gold is separated, you’ll divide it into separate bags. Sorting your gold at home is beneficial because you’ll walk into a store knowing exactly what you have and it makes it easier for the buyer to see what you have.

Call Around to Several Shops

If you’ll be visiting a local gold buyer, call around to several places in different areas of your city. You may even consider calling buyers in cities within a 50-mile radius of your home. Why make so many different phone calls? The price of gold can vary from city to city based on municipal regulations and buyer policies. Going to a shop 20 miles away may be worth the extra gas money if you can get $100-$200 more for your gold scrap.

Shopping Online

Today, a lot of people sell their gold to online buyers. This is a convenient way to sell your gold if you’re not in a hurry for compensation. There will be a waiting period between the time you send your gold and when you receive your check or have the money direct deposited in the bank. However, the wait could be worth it if you’ll get more money for your scraps from an online buyer.

Do Your Research

Research the company you’re selling to. It’s especially important to do this if you opt to sell online by mail. Make sure you feel comfortable with the company’s policies and that you understand the return process if you decide not to accept the offer.

Following these tips will help you sell gold in Atlanta to buyers with confidence and for the greatest profit.

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