How To Invest In Gold Now – Buying And Selling Gold, Coins, Bars, Shares, Mining, ETFs

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Finding somewhere to sell your broken necklaces, or outdated rings will not be a problem today in time.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.

In order to get the best cash for gold price you should visit your local jewelry store. Many of those cash for gold commercials won’t tell you to do that. Take your unwanted gold to a jeweler first; they will be able to tell you what its worth and how much you will receive. It’s all done the same day and you have more trust in an established company than a fly by night one.

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!

You might be wondering how your payout is assesed. When you bring in a precious metal the jeweler will weigh your piece out in front of you, and according to the current price of that metal determines your payout. Going to a jeweler cuts out the middle man, and gives you the highest payout possible.

The value of gold is rising higher and higher; don’t trust your transaction with a company you dont know about. Visit your local jeweler and let them buy your gold. They have the professionalism that you want and when you feel safe it makes for a better selling experience.