Identifying A Reputable Gold Refinery

If you are looking to make extra cash by selling your valuables, you can sell your gold jewelry to a gold buyer. Not only that, you can also gather any unwanted equipment or components that contain gold to sell them to a gold refinery. Such components include old circuit boards, digital cameras, eyeglass frames, or cellphones. But you most likely do not know how much gold is inside the equipment. To prevent yourself from being ripped off, you need to find a trustworthy gold refinery. How do you identify a reputable gold refinery that is credible enough to offer you a fair price for your gold? Here are three ways that you can do so.

Research on the Reputation of the Gold Refinery

Some gold refineries offer free shipping aid, which means that you can mail your gold items to them for a free assessment. While this sounds like a convenient way to get your gold items quoted, you should only do so with a reputable gold refinery. Pay attention to all the fine print and terms to ensure that you will not be charged for hidden fees, shipping, and the assessment. You should also check on their reviews. Customer reviews on the gold refinery’s website may not be accurate because those are carefully selected by the company. Hence, you should refer to customer reviews on other websites. In addition, if you can contact some companies that the gold refinery serves, ask them about their experience with the gold refinery for a more accurate depiction of their reputation.

Send Just a Few Items to Test for Reliability

If you have multiple items to sell, avoid sending all of them to a gold refinery for their assessment. Send just one or a few of the items and wait for their evaluation. This lowers the risk of you losing your items if they do not send them back when you choose not to proceed with the deal. Furthermore, if you have multiple of the same item, you should send them to different gold refineries to see the differences in their quotes. Once you have determined that the gold refinery you have chosen is giving you the best price and is reliable in their dealings, you can send all your items to them.

Choose a Gold Refinery that Quotes Prices Based on Current Gold Prices

Current gold prices are just an internet search away and easily verifiable. Hence, you should always choose a gold refinery that values the gold items based on the current market price. Moreover, make sure the process of pricing your gold is transparent by asking for a breakdown of their assessment to see how they came to the price they are offering.

If you are looking to sell your gold to a reputable gold refinery, come to AGR. Having been in business for years, we will offer you a great price. Contact us today for a free quote or to ask us any questions.