If you need to sell gold jewellery and you want fast and easy money, you should learn some tips that can help you select the best gold buyers on the market. Gold prices are higher nowadays than in the past that will give you more advantage in getting the cash you need. More often, it is more profitable to sell gold to gold merchants than pawnbrokers. This is because gold merchants are more interested with the gold content of your jewellery rather than re-selling the jewellery as it is.
Selling for Gold Content
The first thing that you should learn is that purchasing jewellery for its gold content is more valuable since it has a direct relation with the daily prices of gold in the gold market. Thus, you are sure to get a better price for your jewellery. Look around for a number of online gold merchants that you would want to deal with. Compare your selected companies. Determine if your choice is a reputable and established gold merchant that can assist you in making a very important decision. A reputable gold buying company should be willing to make a visit to your home in order evaluate the gold content of your jewellery and make the purchase. This is a very convenient way of selling your gold jewellery.
What to Sell to Jewellery Buyers
You may have a hundred and one reasons to sell gold, just like you have a thousand reasons for buying gold. Many people collect unique gold coins, vintage jewellery, precious stones, and many more that increase value as time goes by. Through the years, you may have collected gold that you do not want or need any more. A number of your gold jewellery might have chipped or broken. Gold jewellery that are broken still have value. You can still sell broken and unwanted gold jewellery similar with your rare gold coins.
However, to get the most out of your gold jewellery is to know what to sell, when to sell, and where to sell. Now that you know what to sell, you must know where to sell your gold.
Where to Sell you Gold Jewellery
Investing money on gold jewellery and other gold products is a very lucrative investment anywhere in the world. Gold is the only commodity that is stable. Compared with stocks, investing in gold is less risky. Here are some places where you can sell your gold.
-
Gold Collectors
There are numerous rich people who are collecting rare gold items worldwide. Some of these collectors can be found on the Internet. Their reasons for collecting vary. Gold collectors are willing to pay fair prices and are safe places for selling your gold jewellery.
-
Jewellery Stores
Well-known and reputable jewellery stores and pawnshops are the best places to go if you want to sell your gold safely. These stores can provide you fair price for your items. Most of these stores are reliable and trustworthy.
-
Auction Houses
Online or off-line auction houses are also one of the best places for your gold. People bidding on items sometime give higher prices for your items rather than selling them elsewhere.
-
Gold Dealers
Gold dealers are those who buy and sell gold for business purposes. These dealers have numerous customers and always in need of new gold products to sell. Selling your gold jewellery to these dealers is a great option for you. Similar with jewellery stores, they can also give you fair prices and pay you cash instantly.
-
Private Buyers
Sometimes there are individuals who want to purchase gold, but are not members of any auction or group of dealers. They will buy your gold if it is the one that they are looking for. If you post your items at some websites and they see it and like it, they will buy. Sometimes, price is not a question. However, since it is difficult to determine if these gold buyers are reliable or not, great precaution is essential. Try to get some information about them and make sure that you can collect before you release your gold item.
When to Sell
The best time to sell gold jewellery in Melbourne is when you need cash the most and when there are buyers willing to give your asking price. If you want to dispose of unwanted gold, is also the best time to sell.