How To Sell Gold

Gold is an investment that’s both tangible and liquid. You can hold it in your hands and buy or sell gold with great ease. People often think that gold shares are shares of gold itself, but if you buy and sell shares, you’re actually buying and selling shares in a gold mining company as opposed to selling gold.

If you’re planning to sell jewelry to take advantage of the high price of gold, you might be better off selling unwanted pieces as jewelry, rather than for the melting pot.

If you sell gold jewelry for its scrap value, you’ll lose much of its retail value, perhaps 75% or more. The scrap price is based on the value of the metal alone and doesn’t reflect the craftsmanship or any aesthetic or antique value, let alone emotional attachment you or family members may have to the piece.