Selling gold can be a stressful, challenging ordeal which can make you not want to bother – but that’s only IF you do it wrong. See, there’s a way to sell gold which will ultimately benefit you and make the process quick and easy, but you have to make sure that you find it, because otherwise you won’t get what you need from the experience. We’ll be taking a look at some of our top tips for selling gold and avoiding some of the common pitfalls which seem to plague so many people on a daily basis.
Stay off eBay
We’ve probably said this half a dozen times already, but we’ll say it again just for anyone who wasn’t listening. You need to make sure that you keep off sites like eBay if you’re going to sell your gold and make some proper money from it. These types of sites are rife with collectors trying to pick up gold from unsuspecting folk who don’t know the value of their bling. You’ll usually wind up selling it for less than it’s worth, and when you factor in eBay commission fees… it’s just not worth it. Stay away from eBay, sell to a proper company like ours.
No Jewels, No Worries
If you’ve just got some solid gold to sell, then you don’t have to think too much about the process. Just give us the gold, pocket the cash, and breathe a sigh of relief. However, if that gold has a precious gem stuck to it, that’s when you tend to run into some issues in the long term. You see, we don’t actually want the gems. They don’t mean anything to a gold-buying company – most of us will just remove the gem and throw it into the bin. These rocks can actually be worth quite a bit to a collector, so make sure to take gems off before you sell.
Pick Your Moment
There’s a moment to sell gold to make sure that you pocket the best possible take, and that’s when the market value for the metal is at its highest level. There’s actually a whole series of months where the value of gold has decreased over time, and that’s for a multitude of reasons – supply and demand, etc. That’s why it can be very important to make sure that you sell your gold at the right moment. You need to pick when it’s the best time to get it to a buyer – you’ll pocket more for picking your moment and biding your time.
Selling gold can be a hassle if you’re new to the process. It’s important to get the best possible experiences, and this can take time, but you need to make sure that you figure out when to sell, where to sell, and what to sell. If you keep all of those considerations in mind, then you’ll be able to get the best experiences without having to worry.