Tips For Selling Your Golden Treasures to Gold Buyers

Ready to sell your old treasures? You have unwanted jewelry and gold buyers have cash. They will offer you top dollar for your old jewelry. Sometimes these businesses will buy more than just your jewelry. If you have collectibles, you may be able to sell them at the same time. Here are some tips to keep in mind when selling your golden treasures.

Know what your items are worth. Check the current market price before you get an estimate so that you have an idea of what your golden treasures are worth. The price of metal fluctuates every day. Keep in mind that prices are the highest they've been in years, so now is a good time to sell.

Some companies offer a mail-in service for the jewelry and watches people want to sell. If you mail your unwanted jewelry, you risk losing it completely and you might not get a fair price. Local buyers offer higher prices than their mail-in program competitors. According to Consumer Reports, cash-for-gold companies paid between 11 and 29 percent of the market price for gold.

A gold party is similar to a Tupperware party in that a small group of people gathers at the host's house to sell their jewelry to a buyer. You can socialize with your friends and enjoy a few glasses of wine at the party, but don't expect top dollar. If you sell your golden treasures at a party, it will not be valued fairly. Additionally, the party's host will probably get a 10 percent commission.

Find a reputable purchaser in your area. Check out the company website. Is there a physical address? Ask to see their credentials. After you find a local dealer, bring your golden treasures in to get an offer. Watch the buyer weigh your jewelry and don't hesitate to ask questions.

Bring your driver's license or another federal or state-issued identification. All buyers are required by law to ask sellers for identification in case the police show up with questions about the sale of stolen property.

Take your collectibles, brooches, pins, coins, bars, bullion, jewelry, golden teeth, and crowns to a local buyer and ask them to estimate their value. Gold buyers are looking for anything that has gold in it. They are in business to give free estimates. Expect to get at least 50 percent of the value of your golden treasures. Of course, if your jewelry is extravagant and beautiful, they may be willing to offer more than the melt value.

Now it's time to trade your unwanted jewelry for some cold, hard cash. Visit reputable gold buyers for appraisals. Those golden treasures gathering dust in your jewelry box are worth a lot more money now than they were a few months ago.

Article Source: http://EzineArticles.com/8692176