One of the most jarring circumstances in the gold market has been the quick rise in the price per troy ounce. In the U.S. Authentic Jim Thome Jersey , the dollar s weakening has sent many people scurrying to invest in hard assets. This has created a unique opportunity for millions of other people. Many of them have old gold jewelry stuffed in dresser drawers or packed in storage boxes. Rings, bracelets, necklaces Authentic Manny Ramirez Jersey , and other pieces that were forgotten years ago suddenly have new value due to the current market. These items can be easily sold online for cash. But is doing so safe?

To be sure, there is no shortage of charlatans in the gold buying market (similar to any industry). They might promise to buy your old jewelry and scrap gold, but may disappear once you mail your items to them. Fortunately Authentic Eddie Robinson Jersey , with a little savvy, you can easily separate the swindlers from the trustworthy, reputable buyers who are happy to send you a check.

This article will detail the entire process. We ll describe how to sell your gold rings Authentic Bob Feller Jersey , chains, and even old fillings with the peace of mind that your items are safe. We ll also explain how to avoid the scams and do your due diligence to make sure the transaction is a pleasant one.

Overview Of The Process

It s simpler than you might imagine. First, try to work with a buyer who allows you to set up an account on their website. That gives you the ability to track the progress of the transaction at your leisure.

Second Authentic Larry Doby Jersey , mail your gold pieces to the buyer. There are a couple of ways to do this. You can mail the package yourself, and pay for shipping and insurance. Or, request a special shipping kit from the buyer. Many companies lack this second option. Those that offer it will send you a postage paid shipping box that includes insurance coverage.

Third Authentic Carlos Baerga Jersey , once the buyer has evaluated your collection of gold pieces, they will send you an email with their offer (usually within a single business day). At that point, reputable buyers will let you make the final decision. If you decline their offer Authentic Kenny Lofton Jersey , they ll pack everything up and mail your package back to you.

Doing Due Diligence To Avoid The Scams

One of the most common mistakes people make when selling their gold earrings, watches, brooches Authentic Corey Kluber Jersey , and other items is to fail to do their due diligence. This can be disastrous.

Take the time to visit the website of the company to which you re selling your items. Is there a phone number listed? Have they been in business for at least a decade? Do they list recent market prices on their site? Each of these items serve as an indicator regarding the trustworthiness and professionalism of the buyer. Lastly, is the buyer a dealer or a refiner?

Why You Should Work With A Reputable Refinery

There is a chasm of difference between dealers and refiners. Dealers are middlemen. They will purchase your gold pieces and then sell them immediately to the refiner. The spread between the amount they pay you and the amount they receive from the refiner represents their profit. Dealers serve a role and the manner in which they earn a profit is fine. But what if you could work directly with the refiner and leave out the middleman?

This is one of the secrets to securing the best price for your gold jewelry and scrap gold items. With no one standing in the middle of the transaction, you ll receive a higher offer.

There are plenty of scams that lay in wait for you to sell them your gold. There are also plenty of dealers who would like to earn a profit by serving as the middleman. There are far fewer refiners that have been in the gold buying (and refining) business for decades. Working with one of these established refiners is the best way to ensure the safety of your pieces.
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