Knowing full well that, in the next five minutes, this could change, currently, many stocks are out but gold is in! Truth be told, this has been the case for a while now. Not so long ago, in fact, one of the hottest trends to hit some neighborhoods was having a "gold party". People were able to get paid right then and there, when they brought with them their scrap jewelry for appraisal and, obviously, payout. Unfortunately, that wasn't the best way to get the most for their jewelry.
In order to get the full value of your gold, there are steps to follow, questions to ask, etc. One of the best ways to look at any gold exchange or refinery service is with the age old "Buyer Beware" frame of mind. Before going to a local jewelry store, gold party, or roadside stand with a "We Buy Gold" sign out front, do your homework.
Were gold parties a good way to make some quick cash, convenient, and fun? You bet! But the BBB (Better Business Bureau) advises consumers that the best deal won't be found at your neighbor's party or at that roadside stand.
Here are the best ways to know that you are getting paid the full value for your gold.
Know Your Reality
There's every chance that you might get as much is 80% or 70% of the retail value of your gold scrap items or gold jewelry. This won't be anywhere near the case if you attend one of those gold parties, by the way. That said, try not to have lofty expectations.
Do Your Shopping Wisely
Unless you are in a massive hurry for money, take your time to shop around. This goes for almost anything, really. Get some bids. Figure out if you're getting the best price. Before selling, get your piece appraised. Will the piece be weighed as a whole including pins and faux gems? Are there truly valuable gems included? Will any artistic value or workmanship be figured into the price?
Read the Fine Print
If you enter into a contract with a refinery service or gold exchange company, make sure that you read any fine print that’s included in it. If, to turn down their offer, do you have a bit of wiggle room/time? Keep any paperwork you receive from them.
Make Sure You're in the Know
Take a good look at your piece and possibly even take it to an appraisal service before you sell. Is it made by a well-known maker or designer? How many karats are there? Know your piece! Additionally, check the going rate for the precious metal involved in the piece you're selling.
As well as knowing the piece you're selling inside and out, you should know the person/company to whom you are selling it. Do some research on them before dealing with them. Ask around. Read reviews.
When You Want the Full Value of Your Gold – There's Just One Place to Go!
Look no further than AGR in your quest for the best place to sell your gold jewelry and other household pieces. We treat every client with honesty and with respect, and, even better, guarantee you the best prices for your gold items.
Contact us today with any questions you may have or to find out more about our service.