Where to Sell Gold Jewelry? The Best and Worst Places to Sell Gold Jewelry

By the time your finished reading this article you will know exactly where to sell gold jewelry. Once you decide where to sell gold jewelry the rest of the process is really very easy.

If you’ve been looking to sell gold jewelry that’s the most important question you’ve been trying to get answered. There are literally dozens of places to sell gold jewelry but when it comes to time to actually do it be careful of where you decide to go.

Seller Beware

Just because you see a company advertising that they will pay you the most cash for gold does not mean that they will give you the most cash. It is very important that you choose a company that gives the highest payouts possible.

The last place you ever want to sell gold jewelry is a pawn shop. They are used to dealing with people that are desperate for cash and are usually willing to take whatever they are offered. People who use pawn shops either want to remain unknown or need the money that very minute. Hopefully you don’t fall into this category.

Where To Sell Gold Jewelry

A jewelry store can be a good option and will give you more money than the pawn shop. However jewelers are used to paying wholesale prices for gold so you won’t get the most cash possible.

It is a good idea to get an appraisal from a jewelry store that way you have an idea what your gold is actually worth. You won’t get retail price for your gold but you also don’t want to get caught up in a cash for gold scam.

Why Online Companies Are The Best Choice

Your best choice is to use an online gold buyer. Online gold buyers have to ability to pay more for a few simple reasons.

The first reason is competition. The online companies have to fight with each other to secure a share of the market. They try to win customers by offering the most cash for gold. The good news you come out the winner.

The second reason that online companies can give you more is because of their operating costs. It costs mush less to operate and advertise an online business compared to the costs of a brick and mortar store. Add on the fact that the online stores do much more business than a local store. With more profits they can pass some of that on to you.

It’s important to read cash for gold reviews and examine independent studies. Figuring out where to sell gold jewelry can be an easy task once you have the right information.

You may also like...