There are a plethora of options when it comes to selling gold and jewelry. It can be pretty daunting because you want to get the best value for your possessions, and sorting out the best options available can be an arduous process.
This article will examine the best options to sell your gold and what to look for in a gold buyer.
Our favorite method for selling gold is through an online gold buyer. It offers the most convenience as they will mail the appraisal kit to your home, and the lack of a physical storefront allows them to keep their overhead low and offer you the best value for your gold. Make sure to do your research when selecting a gold buyer below. We have listed some factors to consider when scouting an online gold buyer.
An underrated method for selling your gold is to post it on social media and sites like Facebook marketplace. Using this method will skip the middleman and connect you directly with a consumer who might be so attracted to your gold jewelry they would be willing to purchase it for more than its appraisal price.
The downside is you could be waiting a long time for the right buyer to show up. Also, some people feel uncomfortable advertising their possessions online as it might make them prone to theft.
Local pawn shops are the fastest way to sell your gold. All it takes is one visit, and they will appraise it and buy it on the spot. However, with that speed, you often sacrifice the amount of cash you will receive. Make sure to research the pawnshop by reading customer reviews to get the best value for your gold.
To avoid being scammed by an untrustworthy online gold buyer, it is crucial to check the Better Business Bureau’s rating on the company. The BBB is an independent governing body that researches companies to see if they are fraudulent. An online Cash for Gold company with an A-plus rating is one you can trust.
Customer reviews left on review sites such as TrustPilot are a great way to gauge the user experience of a company’s service. A trustworthy online Cash for Gold company should have hundreds of five-star reviews.
Insured shipping is a must for any Cash for Gold company worth your time. When you are shipping valuable gold and jewelry, you need to feel secure that if anything goes wrong in the many steps involved in the shipping process, you will be refunded the value of your gold.
The internet has made selling your gold and jewelry more accessible than ever. However, deciding where to sell gold can be a struggle with the number of options available. Hopefully, after this article, you have a better understanding of what to look for in a gold buyer.