Try to get 90 to 95% of the spot price when you sell gold ingots or coins and 70 to 80% of the fusion value for jewelry and other items. The carat is a unit of measurement for the fineness of gold. For example, your 12-carat gold strap is 50% gold. An 18-carat gold band would have 75% gold.
Investing in a 401k Gold IRA is a great way to diversify your retirement portfolio and take advantage of the stability of gold. In the case of gold watches and other branded gold jewelry, you will get the best price if they are sold privately or through a company specializing in this type of product. While it is true that there are reputable local jewelers who can offer you an honest resale price of gold for your jewelry, coins, ingots, or other items, selling your gold online with a reputable online gold buying company is convenient and should bring you the most money. If you have gold bars, a type of gold coin or ingots that are mainly sold as an investment, it's not a good idea to sell them to a buyer who specializes in gold jewelry, since you'll usually receive less than you would if you sold them to a dealer specializing in gold bars. According to Gary Smith, former international president of the American Society of Appraisers (ASA), more and more consumers are looking to sell gold items, even if gold prices are not particularly high right now.
If you don't wear your gold jewelry or have gold coins lying around, this may be a good time to sell, regardless of price. But if you have gold or other gold jewelry or coins that you would rather take advantage of, there are ways to sell it safely and at the best price. Since gold is now low, you may want to keep it or you may choose to sell your gold before prices drop. While there are many reputable local companies that can offer you an honest resale price of gold for your gold jewelry, gold coins, gold nuggets, watches, gold ingots, or dental gold, selling your gold online with a reputable company is often the best way to sell gold.
For gold jewelry that doesn't have any brand names, such as most engagement rings, earrings, bracelets and other gold items, you'll get the best prices if you sell it to an online gold buyer, such as Abe Mor. If you have antique gold jewelry or gold bars, selling them can be a great way to get cash right away and take advantage of today's high gold prices. If you want to sell this type of gold (for example, a gold wedding ring), the price you will get in return will be based on the pure gold content that can be extracted from the item once it has been melted and refined. There are three main places to sell gold: reputable online gold buyers, ingot pawn shops, and local jewelers.
If you have gold jewelry, coins, ingots, or any other type of gold that you want to sell as soon as possible for cash, selling it online will almost always allow you to get the best price.
