Selling your scrap gold for cash has become the new way to get cash for your old and unworn jewelry. Perhaps you have seen several commercials from different companies prompting you to sell your unwanted jewelry because it’s just sitting there in your jewelry box.
Finding somewhere to sell your broken necklaces, or outdated rings will not be a problem today in time. The problem you will have will be finding an honest and fair company to purchase your jewelry. With gold prices being at an all-time high, gold buying companies are popping up everywhere! Sellers need to be aware of scams and dishonest companies, and find a company that will give you a fair and honest amount of money.
Mailing your gold or jewelry pieces to a company may seem like a simple and easy process. All you do is request a sheet and prepay envelope, send in your jewelry, and wait for you cash. Ahh yes that is simple and easy…but is it smart? You never know how much money you will recieve for your jewelry, when you will receive the cash, or if your item will get lost in the mail.
Companies are able to bypass “lost jewelry” in the mail because most people do not pay to have their package insured. If there is no insurance, well then the companies do not have to pay you for your jewelry. Ironically, these companies will even lie about expensive jewelry they like, say your package was lost, and not pay a dime for it! Even if you do file insurance on your package, without a photo copy of the invoice you do not have any proof. And of course you can bet trying to call customer service will be a headache, not giving you any help.
If you want to sell scrap gold you shouldn’t be relying on a company that is out of town or even out of the country. Cash for gold is a great way to get money for unwanted gold jewelry but the payout is often less than people are led to believe. The company you send it to takes a cut and then gives you the rest.
Most people are not aware of how much their unused or jewelry is truly worth, so sending in your pieces to somebody you have never met, or will never meet, is not the wisest choice. You should be aware of the risks you take, and what other customers have said. Jewelry being lost, receiving unfair and low payouts, and unhelpful customer service, are all real things.
The highest payout rate for any company or business is by far a jewelry store. They will pay you more than mail-in companies, and even more than a pawn shop. Take your unwanted jewelry to a jeweler first; they are able to tell you what your pieces are worth, and how much you will receive for each individual piece. The whole process will be handled in a few short minutes, and you are fully in control of the situation. Instead of putting your trust in a mail-in company, put your trust in an established and honest company.
The problem why most people do not sell their scrap gold is because they are not sure exactly what they have, or what it is. Scrap gold is any product made of gold such as rings, necklaces, bracelets, chains, coins, dental, earrings, bands, class rings, and more. The condition is not of much concern either, because the gold is generally melted down for new pieces. If you are curious whether any piece of jewelry you own is worth cash, bring it into a jewelry shop!
How is your payout assesed? When you bring in a piece of jewelry, the jeweler will weigh your item in front of you, and based on the current price of metal, the jeweler will determine your payout. What is nice is that going to a jeweler cuts out the middle man, leaving you with the most cash in your pocket.
What could be better than cutting out the middle man? Well the value of gold could be! Today the price of gold is at its all time high, meaning more cash for you. Anyone who is need of instant cash for gold should visit their local jeweler. The honesty, customer service, and the high payout rate are everything you deserve, and you will not feel cheated.

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