How to Sell Gold for the Best Deal

by Kevin Smith Author

The price of gold has risen steadily over the years, which means there are fewer places willing to offer a fair price for your gold pieces. Yes, you can sell gold in Atlanta to pawn shops or call those numbers on yard signs at intersections, but these places won’t get you a good deal.

You must work with reputable jewelers with ethical standards for doing business. You also want to work with professionals who will give you a fair price for your gold pieces. If you have gold to sell, check out these selling tips.

Ask What Kinds of Gold the Business Buys

Most businesses buy gold watches, bracelets, necklaces, rings, and other jewelry. If you have gold coins or broken gold, double check the store’s polices. Not all gold buyers purchase broken gold or coins.

Get the Jewelry Appraised

The only way to know if you’re getting a good deal is to know how much the jewelry is worth. Many shops have on-site appraisers willing to give you an appraisal. However, if you have an unique piece that you want to get top dollar for, it’s a good idea to have an independent appraisal done.

Make Sure Your Gold Is in Its Best Condition

You don’t want gold buyers to mistake your gold for low-quality. Polish it up and make it shine. You’ll get a higher price.

Visit Several Shops

Did you know gold prices fluctuate from shop to shop? A jewelry store in one neighborhood might offer one price, but another store 20 minutes away might give you a significantly higher price. Each store has their own set of rules when purchasing gold products. Shopping around for the best price is never a bad idea.

Take Out the Diamonds

Do you have an engagement ring or a pair of diamond earrings that you want to sell? Sometimes you can get a higher price when you sell the diamonds separately. Not all gold buyers purchase diamonds and other stones. Don’t make the mistake of selling a valuable piece of jewelry for far less than what it’s worth.

Selling old gold pieces is a great way to get extra cash and declutter your jewelry box. When you decide to sell gold in Atlanta, stick with reputable buyers who have a long history in the community and treat you fairly. You’ll have a much better experience and walk away with more cash in your pocket.