Avoid speculating or guessing the value of gold on the market because this will only lead to problems. If you notice that the prices are high, then sell! So, after you have decided to sell, you will have to find the right place where to sell your watches, platinum or gold jewelry.
Among the most popular choices are the national mail-in businesses. They advertise a lot so they are the most visible. But this does not mean that they represent a great choice, since they can pose a couple of problems for sellers.
Take into account the following issues:
Your jewelry gets lost in the mail and you have no warranty to recover anything.
You cannot see who is in charge of testing your jewelry or observe the way in which this process happens.
The companies that handle this thing pay lots of money for different things like marketing or overhead so that they can juggle the gold buying industry in their interest. And they are free to do this since your jewelry is in their possession.
In this rhythm, it might take you a couple of weeks or even months to get the money that you deserve for your gold. Taking this into account, you might want to stay away from this solution.
This is another option that can work for you when you want to sell your gold. However, remember that, often enough, a pawn shop is not the greatest solution to sell your gold because they don’t offer fair prices. Those who come here to sell their gold are extremely desperate to get some money.
Next on the line is a jeweler. This is a specialist in this domain so he knows how to deal with this situation. Even so, a jeweler might be specialized on rings and pendants rather than coins or gold bars. So once again, you will have to deal with their appraisal and take the offer made if you want to get a good price. Either way they will try to get a good price for their business.
And then there is the online option. Cash 4 Gold services are plenty, but the big downside to this is that you will not have the certainty that this site is real. Online sites present their own risks!
This is your finest choice. The local dealers are specialized in buying gold jewelry and often enough they use electronic testers. This will give you the certainty that the gold is clean and unscratched. A great buyer will be very cooperatively, show up for meetings and will have a very flexible schedule. He will test the gold right in front of you and make sure that your meeting remains private. During the consultation, you will be able to ask any questions you’d like and receive satisfactory responses. You will also receive immediate payment and everything will be cleared out on the spot.