best prices for scrap gold

selling gold, hand picking up gold pieces

Selling Gold: A Guide

America is one of the largest gold consumers in the world. If you are thinking of selling gold or silver bullion, it’s safe to assume your wish is to get the best price. It’s also quite possible that you have been investing money in gold. Therefore, making now the time to benefit from your long-term investment. Or maybe you’ve inherited precious gold jewelry like a necklace, bracelet, rings, or earrings from a family member and you’re wanting to offload it for a good deal.

Whatever the case may be, our gold cash buyers have put together tips on selling gold to help assure your transaction is as smooth as possible. Keep in mind, price, safety, and ease of sale are the three primary factors to consider when selling your gold. 

Fair Price of My Gold

  • Some precious designs or products are more prized or are in greater demand at a given time in the market. Products like gold coins hold their value through a sale. The sovereign coins are universally acknowledged legal tender, you can sell them without any delay. They are the highest in liquidity.
  • If you have gold bullion bars, you can get a good resale value. This is especially the case if the bars have been kept in a vault or safe. The bullion bars which have been manufactured in reputable mints and refineries have the highest resale value.
  • If you want to sell your gold jewelry, you won’t get the same resale value. Most of the jewelry today has alloy and other decorative additions, leading to a lower value. The refiner will have to melt it and make it in the form of a bar, round, coin, or jewelry.

Selling Gold: Where Can I Sell?

In general, most of the people go to a bullion dealer or pawnshop. It is not the recommended way to sell most gold. This is because a dealer will always give you the lowest return on investment. They may not even give the true value of the jewelry, keeping

room for negotiation. Even you try your best-negotiating skills, you will receive an offer far below what you can get from a reputable bullion dealer. Nevertheless, if you have decided to sell your gold pieces in a pawn shop, try some of our tips to get the best price.

  • First. You must keep track of the current spot price of gold and compare the buyback prices from the dealers in your area.
  • Second. Clean up your gold with hot, soapy water at home.
  • Third. Bring forward any documentation that shows your original purchase such as a receipt. Dealers are more comfortable buying when they see the jewelry is authenticated.

Selling Gold Online

A quick way to offload your gold is to sell online. Online bullion dealers typically offer a better price than local pawn shops. This is because they have less operating expenses. Another option is selling gold on Amazon or eBay. The price will be lower than authorized dealers. This is due to the uncertainty in the market as there is a risk of fraudulent products and buying fake or damaged gold.  This is a common concern on both Amazon and eBay.

Learn more about our business and why we are the best place to sell gold online.

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Scrap Gold for Cash Today

Hollywood movies may play a role in what you imagine selling gold is like. For example, gold bars, coins, and gold bands that house a large diamond on top. However, selling gold comes in many forms. Scrap gold, such as broken, dated, and unwanted pieces that are laying around your house or are in boxes from past family valuables, can be worth a significant amount of cash. And, almost every household has some type of precious metal they have no need for. 

What Is Scrap Gold 

The term scrap gold refers to gold that’s no longer in its original form. Scrap gold is melted down and converted into new pieces that are sellable. Because this type of gold goes through an extensive process, or multiple processes, of recycling, scrap gold is typically bought at a much cheaper price by buyers. The objective of selling scrap gold is solely for buyers to remove as much pure gold as possible from products and metals, and create new gold valuables. 

Common Types of Scrap Gold

  • Broken jewelry and watches
  • Broken antique pieces 
  • Old electronics 
  • Dental work and gold crowns
  • Gold coins 

Why Sell Gold

People sell gold for a variety of reasons. The main reason being is the need for cash. For example, you may be getting ready for a big purchase, putting yourself through schooling, or just need extra money. Secondly, some people hold onto family valuables or coins until it’s simply the right time to sell when the market is high. Lastly, jewelry and other antique sales can be because of a failed relationship, or it’s lost its appeal and is dated, or it was simply a hand-me-down that will never be worn. Selling scrap gold makes it possible for broken and no longer useable pieces to be sold, in any of these circumstances. 

Selling Gold Online

Times are always progressing and changing and the gold buying and selling industry is no different. There is a lot of unnecessary steps and wasted time when selling gold in-person to pawn shops or various other buyers. Selling online makes for the safest, easiest, and most convenient transaction for both a buyer and a seller. That’s why our gold cash buyers are such a popular option for selling gold. You are also be guaranteed a higher cash value for your exchange when selling online versus to a brick and mortar shop. This is due to less overhead costs to keep the business running. 

Our Promise to You

Gold Cash Buyers offers a fair-market appraisal, top-dollar offer, and satisfaction guarantee. If you aren’t happy with our cash offer, your items will be priority shipped back at no cost to you. Every FedEx pre-paid label we give to you is insured, making the process 100% risk-free to our sellers. When buying and selling with us, you will be given your own account, accessible online, to make the process as seamless as possible. In addition, we promise a cash offer to you within 24 hours! To talk to our professional team about your scrap gold, give us a call at our toll-free number 1-877-857-6227.

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gold and silver exchange, gold and silver bars

Gold and Silver Exchange Online

There’s no better time than now to trade in your unwanted, outdated, or even broken gold and silver pieces for cash. With our expert team and knowledge and the current historic high-level pricing on gold, you could be making top dollar for your exchange with us. Gold Cash Buyer’s wants to ensure no seller’s remorse. It is important to us that you feel comfortable and confident selling your gold and silver with us.

Gold and silver exchange has never been easier than it is now. Online buying and selling has become a progressive area of the gold and silver market, and our gold cash buyers’ process assures you with a fast, easy, and convenient sale. 

Selling Gold

When selling gold, determining its worth is the first place to start. The price of gold can change at any moment, as anything can in this economic market. When you sell gold coins and bullion to an online buyer, you should expect to get roughly 95% of its current value. Although, when selling gold and silver jewelry you will likely take a larger hit and get roughly 80% of its melt value.

Selling Silver

Selling silver is based on the same market projections as selling gold and they are both at an all-time high, currently. Although, selling silver varies from selling gold on its worth, how it is weighed and appraised, and how much it’s worth in comparison. Silver is less valuable and heavier than gold, making your payout less during the exchange for cash. Silver is also a great diversified investment for some to hold onto for a time of need. 

Types of Gold and Silver to Sell

  • Jewelry 
  • Coins and currency 
  • Scrap gold and silver 
  • Sterling flatware 
  • Antiques and rare collectibles 
  • Bullion 

Comfortability During a Sale

Here at Gold Cash Buyers, we know the importance of being comfortable with any big decision in your life. Selling your precious gold and silver is no different. We make sure our sellers are comfortable and full of knowledge before making their sales final. Important things to know before coming to us:

  • Be Ready. It’s important to know if you are completely ready to part with your items.
  • Knowledge is power. Know the current price of gold and silver in the market so you have the right expectations. 
  • Outside appraisals. We fully encourage those who are questioning exchanging their pieces for cash to have their gold and silver appraised before sending it to us. Again, this will help you have a good grasp on expectations from your sale. Thus reducing seller regret.
  • Be realistic. We know that selling meaningful items can be difficult, but know that sentimental value is not included in an appraisal process. We want you to leave feeling comfortable and confident that you got the top dollar price for your gold or silver.

Gold and Silver Exchange With Gold Cash Buyers

Gold Cash Buyers puts customers first. With online buying and selling, we are able to offer the most competitive and top dollar pricing for you. You can be assured that your pieces will be appraised by professionals and insured during travel through the mail. Also, if you don’t like the prices we’re offering you, we will gladly send your pieces back to you in priority shipping at no cost to you. Sell your precious gold and silver pieces with us, from the comfort of your own home. Contact us today at our toll-free number 1-877-857-6227 for any questions about gold and silver exchange.

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