Posts Tagged ‘sell gold’

Where To Sell Your Gold Coins And Jewelry

Saturday, January 23rd, 2010
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Many people have gold jewelry that they haven’t worn in years (if ever). Others have coins that are collecting dust at the bottom of a dresser drawer, in a garage, or in storage. Some of the pieces may have accumulated as gifts. Others may have found their way into collections as minor inheritances. Still others may have been purchased long ago during a weak moment of shopping. These items can be quickly sold for cash. The question is, where can you sell them?

Depending on the types of gold pieces you own, there are several outlets that may potentially buy them. In this article, we’ll provide an overview of the most popular places. Keep in mind that not all “popular” places make the best buyers. You’ll discover the reason below.

Jewelers And Coin Dealers

Jewelers and coin dealers are always on the lookout for attractive and valuable pieces they can sell to their customers. If you own gold jewelry or coins that are in fantastic condition, you may be able to convince them to buy them from you. On the other hand, if your items are in poor condition, you’re unlikely to have much luck.

One side note about jewelers and coin dealers: They may offer to buy your items for a very low price. The reason is because they want to “flip” them as scrap gold. In effect, they’re brokering the transaction and taking a commission. You would do better to sell your items yourself.

Pawn Shops And Garage Sales

If your jewelry and coins are in poor condition, the style is unappealing, or you simply don’t want the hassle of finding a dealer, you can take them to a pawnshop. The price you’ll be offered for them will likely be lower than you consider fair. That’s because the pawnshop owner needs to make a profit by selling your pieces to his customers. His customers are not likely to pay a high price for them.

Garage sales are another option. If you have items in your home that you would like to sell, you can organize a garage sale and tempt visitors with your gold jewelry and coins. Or, visit other people who are having their own garage sales. They might find your gold items irresistible and believe they can sell them.

Selling Your Items Online

There are many online gold buyers who are willing to examine your pieces and make a fair quote. The entire transaction is conducted by mail. Keep in mind, some function entirely as brokers. Once you agree to sell them your items, they’ll take ownership and sell them to scrap buyers. The difference between the price they pay you and the price they receive represents their profit. If possible, try to work with online buyers who operate their own refineries. That’s a sign that they are not a broker, and will likely offer a higher price.

If you’re in need of money, look through your dresser drawers, garage, and attic. You may discover that you own a small collection of gold jewelry and coins that you can quickly convert to cash.

The best online resource to sell gold jewelry or sell coins can be found at refinity.com

Can A Gold Party Change The Gold Selling Process?

Thursday, December 31st, 2009
Scentsy | Flameless Candles | Wickless Candles

There are a lot people out there that are just hanging on to their old jewelry because they are either unwilling to part with it, or they don’t understand how easy it is to turn it into some cash. With the troubled economy, though, more people are starting to reevaluate their necessities and are changing their minds about their gold.

The gold party has emerged as a way for these people to part with their old items and get some much-needed cash in return. It’s also a great opportunity to host a fun social gathering that friends and family will enjoy every bit as much as the actually transaction.

A gold party isn’t a new concept. They’ve been around for a while because many people are reluctant to sell gold at a pawn shop or other questionable business. They worry about getting bad prices for their gold with no one around to support them. You don’t have to worry about that at a gold party.

The event involves someone hosting a gold party who invites friends or family to bring scrap gold, broken gold chains, or other gold items into their home for the evening. An appraiser is also present to value the gold and give cash to those willing to part with it.

You won’t just be sitting around at these parties waiting for the appraiser to look at your gold. A good host will have a lot of entertainment, fun games, and food prepared to make it a memorable event. These parties are meant to make everyone feel comfortable so they will make a good decision over whether or not they should sell off their gold.

For the gold party host, the event has its own rewards. It allows the person to bring together some of their closest friends for a special get-together that most people would not have experienced otherwise.

Also, the host can make a little extra money because there is usually a flat fee or commission on all the gold that is sold at the event. The host of the gold party could make a lot of money in a single evening, even if they didn’t actually sell anything.

Gold parties are a safe and comfortable alternative to the traditional methods for selling gold. If you are looking for a fun way to sell your old and unfashionable jewelry, gold parties are a great way to go.

Kyle Betran has extensive expertise in selling gold. Do you want to host a gold party?

Why You Should Sell Gold For Cash

Monday, November 23rd, 2009
Scentsy | Flameless Candles | Wickless Candles

Since the beginning of time, gold has been valuable, even when it was hard to come by. Back to the third millennium B.C, gold was used to signify wealth. It is still used in that capacity today. The Egyptians used gold as expensive jewelry decoration, with their leader on each necklace or medallion. Then there was the Great Gold Rush in California in the’00s. Nothing was more important to the people than finding gold. Some would sell gold, while others kept it as their most prized possession. Gold has always held an important place in our lives.

Today the price of pure gold is very high, going for over $1,000 per ounce. Some people have predicted that it might even get up to $2,000 per ounce in the near future. This is reason why many people are selling gold items they no longer use. If you have any used jewelry that is just collecting dust in your jewelry box, it may be time to turn it into cash. But what is the right price for your gold?

Gold buyers are just waiting to give cash for gold you may have. Examples of old gold jewelry you may consider selling are an earring set with one earring missing, a necklace or bracelet that is broken or rings you no longer wear. Any type of scrap gold like this can be put to good use by bringing you cash - cash you can use any way you like. The jewelry doesn’t have to be broken for you to sell it. Perhaps, you no longer wear the items or just don’t like them anymore. If you are not using the gold jewelry any price might be the right price for your gold jewelry.

If you are looking to part with your unused or broken old gold jewelry, you can contact a gold buyer with a good reputation verified by the BBB and they will offer you cash for gold jewelry or scrap gold items. After sending you a gold kit, you can decide which used jewelry pieces you want to sell. Gold is in more than just jewelry so do a search around your house for any old gold items you have hidden away. Your gold kit will have labels for you to use to send back your scrap jewelry or items to them. Upon receiving your jewelry, they’ll appraise it and either mail you the appraisal amount with an offer or they’ll just send you the money, which you can accept or reject. Of course, if you reject their offer, the reputable gold buyers will return your jewelry or scrap gold back to you.

There are a few factors that might change how much cash you receive for your gold. For instance pure gold, or 24 karat gold, is what the spot price of gold is based on. But gold jewelry is almost never 24 karats as that would make it far too soft and easily broken. The price you get from the gold refiners will depend on how many karats your gold is. Also you have to take into consideration that the price of gold changes daily so what you see today may not be the same price tomorrow. The price may change day to day or it might just stay the same. Many gold buyers will let you lock in the current price when you contact them, which may or may not be a good thing.

Hank writes articles on a website where he teaches people how to sell gold for cash and how to find the best gold buyers out there. If you want to learn more about how to sell gold for cash visit his site.