Buying and Selling Gold

by Christy Lynch Teacher,Artist,Writer Seems like buying and selling Gold is extremely popular now and for the most it's fairly secure. However, through my epxierience I have found out somethings you want to be aware of so that's why I decided to write this article.

 It seems like everywhere you look you see this advertisement?s that says we buy gold. There are a ton of them where you can send in your items in and now they are popping up locally as well. I have heard so much about it that I got curious about it so I checked into it. I happen to have some jewelry of mine that have just been laying around I never wear it and at the time we needed some extra money really bad so I decided to take it in to one of the place here locally for one scrap of gold that was about 10k I got about 100 dollars from it. Well that sparked my interest further so I got online and checked sites like eBay and Amazon I had bought a couple of pieces since then for really cheap and once I got them I took them back into the place and the return I got went up each time. Some things you want to take into consideration though is one don?t buy more than what you can afford start out small and then each time you can increase it if you choose. Also an easy trick I figured out on eBay is that when you make a bid I go for the ones that are just a few cents and when you bid watch the time on it when it gets down to just a few minutes and there are now bids on it go ahead and place your bid. When you do the one for just a few cents all you have to pay is the shipping and handling charges. When you?re buying Gold jewelry on eBay or any other site that you are wanting to cash in you want to pay attention to the particulars such as how many karats it is and some terminology you want to be aware of such as Gold Plated is basically not any value some descriptions will have GP that is Gold plated. Also Gold filled is of some value but not as much. So you want to be aware of things like this when you?re buying online makes sure to read the description and the fine print throughouly. To find places to buy the Gold you get you can choose to search for places online where you can send your items in but you want to be aware that going with this option it will take a little longer. If you choose to do it locally go around to several different places because the prices may vary from place to place also be aware that if you choose a pawn shop they are going to give you a lesser amount than what you may normally get.

 

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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