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Why Sell Your Gold Online?

Tuesday, January 26th

Why Sell Your Gold Online?

Gold is a precious metal that is hard to find and this rare commodity is not only used to make beautiful jewelry, coins, watches and dental fillings but is also used as an investment during times of a wavering stock market. The usefulness of gold has driven the prices up in recent times and that's why many news reports talk of the popularity of selling gold.

Like any commodity, the value of gold fluctuates based on market conditions and demand. In recent years the gold market has seen double digit changes in value. The price of gold is expected to stay high, but with no guarantee in the market. If you have unwanted gold it's best to sell now while the prices are high.

Searching through your home for broken or unwanted jewelry, coins or anything else that is at least 10 karat gold or higher can pay off. Keep in mind that the objective is to melt down gold so the look of your items plays no factor in whether you can sell that item and how much you'll get for it. The karat value and the weight of the gold are the determining value on how they will calculate your cut, not how fashion forward that item is. Also, if you have gold jewelry with precious stones you can ask that they also sell or remove and return to you as desired.

Some debate on whether they should keep old broken or out dated jewelry for sentimental reasons but if you aren't using the item it's really just collecting dust and taking up space. Consider using your cash proceeds to buy something you really love, going on a vacation or paying off debt. Perhaps you even decide to keep one of grandma's rings and make better use of the rest.

The most convenient method of selling gold might just be through an online company. Using an online company eliminates the drive time to find the best price from a reputable local company. It's also a little awkward to walk into a store with your handful of unattractive, broken gold jewelry and ask to sell it. Online companies have the lowest overhead costs and therefore drive business through their high cash payouts. Most online companies offer a period of time that allows you to determine if you want to take their offer or return and try another company for a better quote. Before choosing the company to go with consider their customer satisfaction history, how easy their gold buying process is and if they insure the packages to and from to protect your valuables.

Whether you're wanting some extra cash for various reasons or cleaning out unwanted items, selling any unwanted gold items is smart. Gold is in demand and the prices to buy your gold are at an all time high.

The Best Sites to Sell Gold Compare Sites to Sell Gold Compare Sites to Sell Gold Reviews What are the best Sites to Sell Gold Best Sites to Sell Gold Reviews

Sites to Sell Gold FAQ

It's just as the name suggests: you send in your gold items and get money in return! If you've got broken jewelry lying around, hand-me-down watches that no one knows who they used to belong to, or even gold teeth (!) that were removed, you can exchange them for cash.
It's surprisingly simple. Once you've selected a cash-for-gold service that you like, you'll provide your information and either get a shipping kit or print off a label. Package up your gold items, send them in, and wait for an offer from the company. If you accept their offer, you get paid; some services use PayPal while others send a check in the mail. Otherwise, you can request that they return your items and try your luck with another service.
That depends on several factors, the biggest being the going market rate for gold. Don't expect to get rich off of a few pieces of Great-Grandma's broken jewelry you found in a box somewhere. But, it can be a way to get a nice bit of pocket change, especially if they're items no one is wearing anyway.
Yes! Many cash-for-gold services will also make you an offer on silver, platinum, diamonds and more.
First and foremost, look for a company with a solid reputation. Reading customer reviews and finding out the service's rating from the Better Business Bureau are two smart steps to take to ensure you choose a trustworthy service. You'll also want to make sure that your items will be tracked and insured when you use the provided shipping method, and the same on the return if you choose not to accept your cash offer.
A jeweler or pawn shop doesn't specialize strictly in cash-for-gold, so you might not get an offer that's as competitive as what you'd get with an online service. Plus, you have to factor in the time to visit the brick-and-mortar location during business hours, return to collect your items or your payment, and so forth. Using an online service is much more convenient!
Most of the time, yes. The best cash-for-gold companies give you a 100% satisfaction guarantee with their services. But really, what matters most is that you get a competitive offer, and that you can get your items back if you decide not to accept it. You should have no trouble getting that from any reputable provider.
This is another question with a "most of the time" answer. Getting cash for gold is absolutely legitimate, and there are numerous services that have been around for a long time and have a loyal customer base. However, it's not unheard of for scam artists to try and get your gold items - and never give you a dollar. Again, be sure to choose a service with an established history of excellent customer service over numerous transactions, so that you don't get any unpleasant (and costly) surprises.
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