Wednesday, May 6, 2009

Where To Sell Gold Online

Many people are looking to sell gold now that the economy is a wreck and the are looking online for information. Well selling gold online is simple but you need to understand what it entails.

Most online gold buyers will have you send in your gold in an envelope to their shop where they will make you an offer and you can accept or not. Well don't take their first offer - it will be lower then what it's actually worth. In fact if you really want to get the most for your gold you should get it appraised first.

Sell Gold Coins

Many people have collections of gold coins and its actually a pretty good investment. Gold value is on the rise the price of these collections will rise too. If you need cash you might think about selling that collection.

Many places will buy your gold coins but you need to find the right place to sell gold coins to. Places like pawnshops and gold dealers will buy it but only for the gold content's value. If you have a rare or antique collection you will want to sell to another collector via eBay or newspaper ads.

Where Can You Sell Gold?

I had some people ask me this question recently and wanted to let everyone know the best places to go to sell your gold. When I sold my gold I did so at my local pawnshop but there are plenty of other places to sell to like:

Jewelry Stores - If you have an antique piece of jewelry or one that looks great still this is one of the better options to sell to. They can buy for more then gold content in the piece.

Scrap Gold Dealers - If you have broken or mismatched jewelry these guys will buy your gold. They sell to the gold refiners that smelt it down and its remade into other things.

Gold Refiners - These guys will buy any of your gold for the gold value of the gold content. If you can find one that will let you sell direct you should go with them.