Home | About Us

How to Sell Your Gold

How to Sell Your Gold

Gold coins, jewelry, and other merchandise have dual value. First, gold draws its value from the current market price per ounce on the market. Second, the rarity of a particular item drives the price up. Those wishing to sell gold can do so in a very easy manner by placing their wares on the open market either in a jewelry shop or on an online auction. Doing so is not even remotely difficult. Simply following three basic steps makes the whole process extremely easy and potentially very lucrative.

Find A Reputable Gold Buyer

There are many jewelry shops and gold buyers that would like to purchase your gold. You can start by doing a search online. By looking on review sites, like Yelp, you can find a buyer and read reviews of gold buyer shops. You want to make sure that is it appraised properly by a professional and reading reviews helps you get an idea on which service you should choose. In addition, certain auction sites allow you to register to view winning bids on items sold. This is a good way to get an estimated cost of the gold you possess so that you have an idea of its value when you visit the gold buyer.

Sell Online

The alternative to selling your gold at a gold buyer is offering it for sale online. In order to do this, you can provide it on many auction sites. When you offer it on a site you want to take nice crystal clear and visually appealing photos. Simply snapping a flat, standard picture of the merchandise is not going to capture the attention of buyers. Several photos capturing the gold from a number of different angles allows anyone perusing the photos to feel as if he or she is looking at the gold through a traditional glass case in a jewelry shop. Next you want to write a text description. This does not have to be lengthy. Rather, it just has to get the main selling points of the gold across. Points to be noted in the item listing include how pure the gold is, how rare the selection is, and, if possible, any unique history associated with the creation or ownership of the item.

Ready To Purchase Gold to Resell?

In order to sell gold to make a profit, you need to have gold first. So, when you are ready to make a bid, visit U.S. Auction Online. Or you can register to view winning bids to get an idea of the value of gold that you already possess.