Whether you are selling some of your gold collection or precious pieces that you inherited, you want to get the best price possible. However, getting a fair price should not be your only concern. You also need to find a way that is safe and convenient, so you know where to bring it. We will look at some locations to help you get a better understanding of what you are getting into, once you decide to sell your gold.
Going to a local pawn shop for many people seems to be the easiest way to sell their gold. You do not need to ship pieces you want to sell; additionally, you are guaranteed with a face-to-face customer service which for many can be reassuring. However, keep in mind that pawn shops will offer the lowest price for your gold. You can try and negotiate, but generally, you will probably get far below the real value of your unwanted piece. In case you cannot avoid this route, make sure to get informed about the current spot price of gold beforehand which can greatly help you in negotiation.
Also, we recommend you to clean up the piece and take any documentation you got at the time of the original purchase. You will definitely be offered better prices for pieces that are authenticated and ready to be resold.
In case you want a safe, convenient and fair transaction, we recommend you to sell gold online. You will get far better pricing and the privacy you may be looking for. There is no need to go to a store, wait in line and eventually negotiate a price. The whole process can be done and controlled from the comfort of your home.
When selling gold jewelry, coins watches or scrap gold online, it is more likely that you will be provided with the highest payouts. Their operating costs are much lower than the ones of physical pawn stores which affects the prices they offer. Also, the current fashioned trends are not something that online gold companies are concerned about. That means that you are able to sell scrap gold online easily and not only items in good shape. Whether you have only one earing, broken watch or ring, online dealers will accept everything that can be melted and reused.
As online businesses depend on higher ratings and customer testimonials, online gold companies tend to provide fast and efficient service. They want to repeat the business with you, so the whole process, from analysis to the purchase, can take up to 36 hours. So, when selling your gold online, find a company that is highly rated and enjoy their prompt and convenient service while feeling you are in control during the whole process of selling.