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Going to your local jeweler to sell your gold Selling your gold jewelry can be a tricky thing to do because there are so many places to choose from. When you’re looking to sell your precious jewelry for cash, you’ll want to get the most cash back for your items. Thus, these tips can help you find the best place to sell your gold. Selling Your Gold Jewelry cheap tiffany and coFirst off, selling your gold jewelry to a pawn shop is not recommended since pawn shop owners will look for the maximum profit they can get so they will give you the lowest offer possible for your gold. The main business of pawn shops is to make short-team loans, using valuables as collateral. A general rule of thumb is that a pawnshop will often offer one third of the amount they can except an item to sell for. This mindset may also carry over into their offer for your scrap gold. Going to your local jeweler to sell your gold is also not recommended. If you have broken gold, local jewelers will give you less because they are looking to re-sell your pieces. They are mostly looking for nice high quality gold jewelry.

cheap tiffany and co jewelryWhy Online Buyers Are A Good Choice The most recommended option to selling your gold jewelry is to use an online gold buyer. Online gold buyers will mail you a box or a gold mailing kit in which you place your jewelry in and mail it back. Once they receive your gold, they’ll evaluate your pieces and immediately send you money.

tiffany ukFirst you’ll need to find a reputable online gold buyer as these sites can usually offer better prices for your items. Be sure to double check the sites reputation by checking online review sites as well as the Better Business Bureau to verify the companies honesty and satisfaction rates. A wealth of information about selling gold online can be found on online forums and blogs where unhappy customers are eager to share their unsatisfactory experiences as well as their positive ones. Online gold buyers are also recommended because often times they are gold refineries meaning that they can afford to pay you more for your gold. They are purchasing your gold directly from you so there is no middle man which means you don’t have to share your profit. So if you’re looking for a higher profit than from pawn shops or jewelry stores, online gold jewelers are the way to go. When selling your gold jewelry think about what you’re looking for in terms of profit and make your decision from there. tiffany uk shop