Sell Scrap Gold

You can find a reliable gold buyer through an online yellow pages directory or with a major search engine. Blogs, forums and review sites also help to see what type of experiences other customers have had with a particular business. These tools enable you to find a trustworthy business that will provide you with a quality quote.

When the price of gold hovers near record highs many people raid their jewelry boxes and dresser drawers for some easy money. The good news is that gold jewelry, even scrap and broken pieces, are worth a great deal more than they were a few years ago. The bad news is that the easy money has attracted its fair share of scam artists determined to give consumers only a fraction of what their gold jewelry is really worth.

I saw a story on Good Morning America the other week where two reporters took a bunch of their broken necklaces and ugly gold jewelry to the NY jewelry district and sold it as scrap gold. One reporter got close to $1000 and the other got about $500. At that moment, gold was close to $1000 an ounce. This truly intrigued me, as I have some old gold jewelry I don’t wear and never will wear ever again.

You can price and sell scrap gold jewelry effectively with a little bit of research. It is important to know how much gold is contained inside each piece of gold jewelry. It is also vital to know what gold is selling for at the time you want to sell it. Finally, you must find a reputable buyer for your scrap gold jewelry. If you fail to complete any of these steps, you could get ripped off.

You will also want to use a company that has a satisfaction guarantee. Businesses that use this are standing behind their word and provide quality service. They are willing to go the extra mile to have a satisfied customer.