Millions of people across the country have reaped the benefits of learning how to sell gold. And as the market price of gold continues to stay afloat at all-time highs, it just might be your turn to earn a sizable profit off your gold belongings like coins or jewelry.
However, you should never sell your gold to the first buyer you come across — choosing the best place to sell gold is an important part of the gold selling process. If you’ve never sold your gold before, don’t worry — these tips will help you choose the right gold buyer for you!
Here are the four most important qualities to look for when choosing the best place to sell gold:
1. A good rating: The Better Business Bureau is the go-to source of information about the business practices of places that buy gold. The best place to sell gold will have a good rating on the BBB’s website and will have positive customer reviews from people like you who have gone there to sell gold coins and sell gold jewelry.
2. Transparency: The best gold buyers conduct their transactions and gold appraisals out in the open where you can easily see everything that’s going on. If you can’t see the gold buyer as he or she weighs your gold, shady business practices may be taking place.
3. Free gold appraisals: One of the most important things you should do before selling your gold is taking it to a few different gold buyers for appraisals. The best place to sell gold will offer appraisals for free and with no commitment requirements — and will ultimately give you the best appraisal and highest payout for your gold.
4. Referrals: Oftentimes, the best way to choose a place to sell gold is to ask around. If any of your friends, family or coworkers have sold their gold, ask them about where they sold their valuables and whether or not they’d recommend the buyer to anyone else. Their answers may surprise you — or point you toward the best place to sell gold you’d never heard of before! Read more like this.
