The difficult economy will surely have you digging into your safe boxes for those old golden jewelry items that can be sold for some extra cash. It can be some worn and beaten pieces of jewelry you’ve been keeping for years. Or it can be old coins. Whatever your piece of gold item is, you will have to look for a gold buyer who will offer you the best deal for your treasured possessions.
There are plenty of buyers and gold refiners who are advertising their business both online and in traditional media, like newspapers. But not all of them will offer you the accurate worth of your gold. The challenge is how to choose which of these buyers to sell your gold to, someone who will not cheat on you. Consider the following pieces of golden advice, so to speak.
One of the first things you should do is read reviews customers have written about a particular gold buyer or refiner. These customers often write honest opinions of the product or services they just had. If they are not satisfied with the product, they will surely write about it. These reviews can often be read on chat forums and blogs. Learn from sellers who have disappointing experiences with buyers. Take note of the buyers who have negative reviews and try to avoid them. Conversely, list down the names of buyers who have positive reviews and get their contact info. They are your potential buyers.
Second, determine the value of your items. The price of your jewelry depends on several factors, such as the present market price. But you have to keep yourself updated because the prices of gold constantly change. You need to know what is the carat and weight mark. Some people will offer you a very low price. Choose a buyer who has a lot of sellers or someone who owns a gold refinery. These people can afford to offer you higher price because they don’t need to pay for refining fees.
Third, ask your friends and relatives if they have a gold buyer to recommend. Most of the time, the recommendations of your friends and relatives are reliable because they don’t have any reason to fool you. In fact, they will be willing to help you get a buyer who will offer you the best deal for your gold.