If you're wondering, "Where Can I Sell Gold", you're not alone. Many people are excited about the steady prices of the precious metal and with the economy at its worst, they're cashing in!
Of course that also means that there are also a lot of businesses out there that are willing to buy scrap gold, but that doesn't mean they're all giving out the best deals. And not every business is reputable.
So before you cash in on your valuables, you should check with the Better Business Bureau to make sure that the company you're interested in selling to will be worth your time and effort.
But, you should also keep in mind that not every good or bad business is listed with the Better Business Bureau. So you'll need to do your homework.
Once you think you have a good deal, keep this in mind. Pawnshops are generally the one of first places people think about when they're considering selling their valuables.
They should be the last place you visit unless you don't want a lot of money for your goods. It's very rare that pawnshops give consumers a break when it comes to precious metals.
The best place to sell your gold is often at a jewelry store. Of course if you have anything other than jewelry they may or may not be interested. But if jewelry is your offer then chances are you'll at least the going price for your gold.
A lot of people are turning to online businesses to sell their precious metals through the mail. If the business has a good reputation it should be safe, but if something happens in between the time you send the package and they receive it, it might not be a great deal after all.
Also, once they receive the package, there's often no changing your mind.
Instead of contacting the middleman, you could skip the stores and online businesses and head straight to the refiners, that is, if you can find one. Refiners are the guys everyone else goes to when they want to make a profit from consumer's valuables.
Typically you'll need a large quantity of gold to sell to a refiner directly.
If you're still asking, "Where can I sell my gold", you may have to think outside of the box if you're still looking for the best deal. Brokerages are a possibility that many consumers rarely consider.
Trade shows and jewelry shows are a few other options that you may want to look in to as well. Just remember, research, research, research! Happy hunting!