Buying and selling gold has become a lucrative business especially now with the price of gold going up as it has. Gold buyers can be found everywhere. They all promise top dollar for your gold but most don’t live up to that promise. Once you go to a gold buyer with your gold jewellery in hand in the hope of getting a sizeable cash payout. It will quickly be clear to you that you don’t just hand in your gold and have someone hand you the money you think you are supposed to get. Gold buyers have to offer a price that is in line with the current market price, the quality and the weight of the gold. The first and most important thing you need to do is to find a good, reputable buyer with extensive experience.
Whether you are selling your gold to Brisbane gold brokers or anywhere, there are a number of things that you need to look out for in a buyer. Gold buyers seem to be everywhere. There definitely is no shortage of places where you can sell gold whether its old and broken or new and of high quality like bullion coins. Keep in that mind that gold brokers are businessmen, they are interested in the profit they can make from buying your gold.
Here are four tips that will help you get the most for your gold.
#1.Visit multiple Brisbane gold brokers before you sell your gold. Ask for details, history and experience. Find out what they are paying per gram. Reliable and reputable dealers do not just say they are reputable they are open about how they conduct business. A reliable dealer will be open and their motives. If you can’t find them there, the next best thing you can do is to ask around. There are plenty of online forums that gold bugs participate in. You are bound to find someone who has had dealings with that particular broker.
#2.A gold broker may pass the credibility check but they could rush you to make a transaction to make a fast sale. Sometimes they do this because they know that if you go to other buyers you may get a better price. Do take your time and don’t give in to the pressure.
#3. If you decide to sell your jewellery to an online broker then make sure you go through the directions and the fine print before you mail the item to the buyer. Even if you trust the online buyer you should make sure that you insure your package. Take photos and write in detail what it is you are selling so that if does get lost, you don’t lose out.
#4. Want to try sell it yourself on Ebay? Do not skip the appraisal even if you think the jewellery is not worth a great deal of money. However you need to be careful, you could invest time and money in an appraisal and nice photos and people only offer you less than what you could get for melting it.
The bottom line is that if you want to get the most from your gold jewellery you can try selling it yourself which takes time. However going to your local gold brokers, can get you that instant cash fast to sell.