How To Sell Your Scrap Gold
Posted on June 25, 2015
With so many options to sell your gold or get ‘cash for gold’ today, it’s good to know a few simple things before you embark on finding somewhere to sell it and someone to sell your gold to.
First, you will want to do the research to choose a reputable gold buyer. Whether a jewelry, pawn shop or other gold buying business, you want to check on a few simple things about the company you’re going to work with. How long have they been in your community? What type of reputation do they have? What type of services do they offer besides buying gold?
Next you’ll want to consider what it is you’re going to sell. Does it have value beyond the gold it contains? Is it something worth selling? Or something you truly want to sell?
You’ll also want to familiarize yourself with the gold market to understand what it is you have, and what a fair price would be for it. You will want to do research on how the value of gold is calculated. The purity or karat of the item, the weight (calculated in troy ounces or sometimes grams or pennyweights) and the current daily spot price of gold on the stock market. Understanding these things will assist you in dealing with a gold buyer.
Lastly, once you do find a buyer to work with, you’ll want to ask a lot of questions, and make sure you’re getting a fair deal.
In Orange County, there are several places to sell your gold. Few have the reputation and experience of Jewelry-N-Loan in Costa Mesa, CA. Jewelry-N-Loan has been in the business of buying, selling and making loans on gold, diamonds, jewelry and watches for several decades. They have been a fixture of the community in Orange County and have helped countless satisfied customers sell gold and get the cash they’re looking for. Their reputation is spotless and their expertise is unmatched. If you have gold to sell, Jewelry-N-Loan could be the solution for you.