{"id":149,"date":"2009-05-08T12:02:24","date_gmt":"2009-05-08T17:02:24","guid":{"rendered":"http:\/\/www.howtoinvestingoldnow.com\/blog\/149\/selling-your-scrap-gold-for-instant-cash-2\/"},"modified":"2009-05-08T12:02:24","modified_gmt":"2009-05-08T17:02:24","slug":"selling-your-scrap-gold-for-instant-cash-2","status":"publish","type":"post","link":"https:\/\/www.howtoinvestingoldnow.com\/blog\/149\/selling-your-scrap-gold-for-instant-cash-2\/","title":{"rendered":"Selling Your Scrap Gold for Instant Cash"},"content":{"rendered":"
Tweet<\/a><\/div>\n
by Timothy Rains<\/div>\n

The new way to get cash for your old and unworn jewelry today is by selling your scrap gold. Chances are, you have seen multiple commercials advising you to sell your unwanted jewelry because it is just sitting there in your jewelry box. <\/p>\n

Since gold prices are at an all time high there are plenty of companies that want your outdated rings or broken watches. If you have a lot of necklaces with broken clasps and don’t want to get them fixed and you want to sell your scrap gold there are plenty of buyers, but seller beware.<\/p>\n

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. <\/p>\n

Some companies might have an insurance waiver but if you send it to them and you never receive a check it’s hard to remember what you sent them. Many people forget to make a photo copy of the invoice so they don’t have any proof. If you try and contact the company you may have a hard time with customer service representatives.<\/p>\n

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.<\/p>\n

Unless you know how much your unused gold is worth you are basing your confidence on experience by somebody you have never met. Its best to know the risks involved. Your jewelry can be lost; the payout can be far less that what you think it should be and you might be dissatisfied with the whole process.<\/p>\n

What these companies and commercials hide from you, is that your best bet cash for gold price is coming into a jewelry store. Jewelers will be able to tell you what your pieces are worth, and how much they will give you for that particular piece. Everything can be handled in the same day, and you will be fully aware and in control of the situation. No putting your trust in a mail-in company, but yet putting your trust in an established and honest company. <\/p>\n

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!<\/p>\n

When you sell your gold for cash the jeweler weighs your gold and according to the current price of gold that is how you are paid. There is no middle man and you will receive your money right there and with nobody assessing the gold and taking their cut you will get the highest payout. <\/p>\n

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.<\/p>\n

\n
About the Author:<\/div>\n
Timothy Rains is the proud owner of Timothy’s Fine Jewelry located in the Twin Cities, MN. Before you sell your unwanted jewelry for a cheap price, learn where to sell your gold<\/a> and receive the highest amount of cash for gold<\/a>.<\/div>\n<\/div>\n
Tweet<\/a><\/div>\n