Cashing in on your unwanted gold items is a good way to get a little extra cash to carry you through a difficult time. Even if you are not in a financial bind, it’s a good way to get some cash for extras. Gold prices are higher than they have been in years. It seems like a good time to sell, right? Before selling your unwanted gold, here are five simple things you should keep in mind.
First of all, if you are mailing your gold in to a dealer, make sure it’s insured. Sometimes the kits that gold dealers mail to you are insured by the dealer themselves. If not, do not risk losing out by not placing insurance on it yourself.
Before dealing with any gold dealer, check and see if the dealer has any feedback or reviews by previous or current customers. This will tell you a great deal about how the dealer handles the exchange of gold for cash.
Find out how much the dealer pays before turning over your gold to them. It’s a good idea to compare a few dealers around your area or online. The price may vary by dealer. Make your deal with the one that offers the highest price for your gold.
Another great way to check on the reputation of the dealer is to check with the Better Business Bureau. They have ratings available on companies and you need to check that rating before you make the deal, not after.
The most valuable piece of advice comes from Gold buyers Villa Park. Know what type of gold you have. Know something about it, it’s worth and check the current price of gold on the market. This will help give you and idea if you are being treated fairly. Don’t expect to get market price, but a reputable dealer will make you an offer that is worthwhile.
While considering the tips given, always make sure you are realistic in your expectations when you sell gold to Gold buyers Villa Park. Be as realistic as you would expect your dealer to be with you. There is nothing wrong with checking a gold dealers credentials. Selling gold is a serious business and you want to make sure you get your money’s worth.
