If you have old gold jewelry lying around at home, it's time to get rid of them, but not just get rid of, but get a good benefit in the form of cash. To sell gold, you can contact a specialized organization that deals with the purchase and sale of precious items.
Selling gold items must be taken seriously in order to make a really good deal.
First, you need to contact a reliable jewelry appraisal and certification services company. Some institutions offer to buy your wealth at the market price, but in reality, they are engaged in reselling for profit, and you will be paid only a small percentage. So that you do not get lost in the sea of information, study a few simple guidelines.
Selling options
1. Valuable, original gold jewelry is best sold to a jewelry thrift store. But, having ordinary primitive products, it is not profitable to carry them to a consignment shop - for them you will only be offered the price of scrap.
2. Search the Internet for online auctions for the sale of gold items and display your goods there at an adequate price. In the vast majority of cases, real buyers do not keep themselves waiting long.
3. You can go for a trick and pawn your treasures in a pawnshop, but do not redeem them, if only you are satisfied with the cost of the scrap.
Cashing gold through a bank
Some banks are buying gold bars from the population. But for such a deal to be successful, it is important to fulfill several requirements:
- the safety of the packaging;
- availability of a certificate;
- no scratches, damage, dirt on the surface of the ingot;
- additional expertise.
These rules also apply to the sale of gold investment coins by a credit institution. When at least one of the conditions is violated, the bank will refuse you to buy gold items, but can offer a scrap price for them. At the cost of scrap, banking organizations also accept gold jewelry.
You can find a bank that carries out pawnshop lending, that is, the issuance of cash secured by scrap gold, and then refuse to pay the loan. Everyone will remain at their own benefit: money for you, gold for the bank.
Another workaround for cashing gold bars and investment coins is to place them on a metal deposit with a bank. But, since your goal is not to make a profit in the form of interest and keep gold property, you can immediately or after a short period of time declare the closure of this account ahead of schedule and choose to pay in money, and leave the gold to the bank. Do not forget to just find out at the beginning whether such an opportunity is prescribed in the agreement between the credit institution and the client.
