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Other Considerations When Selling Your Gold

1.  Shop around for the best deal.  If you are looking to sell jewelry that is not broken, compare offers from jewelry stores, pawn shops and other gold buyers.  You could also consider selling it privately at a potentially much higher price, but don’t invite anyone to your home.  Meet at your bank or other secure location. 



2.  Mail away your gold?   How will you know how much they are going to pay you in total?  Are their scales accurate?  Are they a reputable company?  Would you mail your laptop or flat screen TV away to someone so they don’t have to break into your home and take it? 


3.  Is your gold considered scrap (broken jewelry or gold fillings)?  If your gold is scrap, the company or person you are selling it to will have to spend money to have the gold melted down.  That higher cost might increase the fees you should expect to pay when you sell your gold.

return to "5 Steps to Calculate What Your Gold is Really Worth"

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