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Selling Gold- How to Sell Scrap Gold for Fast Cash!

By Edited May 24, 2015 0 4

If you need money fast, prices are excellent for selling scrap gold and pure gold items. Right now, prices are hovering around $1000 per ounce for your unused gold items.

Can you use a little, or a lot of extra money quick? You could be sitting on top of a veritable gold mine in your own home and not even know it. Gold prices fluctuate wildly and have risen steadily over the last two years with the flight to safety due to the current economic hardships the economy is facing both in the US and globally. What does this mean to you? If you have gold jewelry, dental scrap or broken gold items you may have a lot more money at your disposal than you think. Current prices and trends are to the upside with gold running around $1000 per ounce at this writing.

How to Get the Best Price on Your Scrap Gold

You can find the price of commodities, including gold and other precious metals, on any financial website dealing with commodities. When looking for a place to sell your scrap gold, companies make their money off the spread between what they pay you and the true market value of the gold they buy. Shop around and get the best price for your items.

Where to Sell Your Scrap Gold

One of the quickest and easiest ways to sell your gold items is on the internet. You can easily shop numerous companies dealing in buying scrap gold and gold items for the best price. Selling online is actually very simple and you will get your cash fast. When you decide which company to go with they will send you a gold selling kit in the mail. Gold selling kit includes an envelope with prepaid postage and your items will ship insured to the company. Be smart about sending your gold to them and make copies of all of your paper work and send the envelope either certified or return receipt for your own piece of mind. Once your gold arrives at the broker, they will value your items and mail you the monies for the total.

Selling gold scrap is a viable way to make some extra money quickly in the down economy since the prices are currently exceptionally high. If you are worried about not getting a fair price online, you should not be. Most companies are reputable, but if in doubt, do a search online to see other's experiences with the broker of your choice.



Dec 29, 2009 6:32pm
First of all your profit depends on the weight of the scrap gold and its purity. There are plenty of the web sites in internet, you’re right. And there are many of them who have negative reviews and I won’t name them. My mum was using scrap gold buyers online (http://www.scrap-gold-buyers.co.uk) and was quite satisfied with their service. You can try them and make a god profit. You will get your payment fast as well.
Feb 6, 2010 5:14pm
I just wonder if there is any difference between postal scrap gold buyers and high street retailers for retails price for gold. I’m not that professional in selling scrap gold. I saw few nice commercials on TV. Can I trust them?
Feb 6, 2010 5:18pm
Well, send 3 pieces of gold to 3 different companies CashMyGold, Postal Gold, Money4Gold and Cash4Gold. You get quite unusual results. CashMyGold offered £38.57 for the gold I bought for £729, Money4Gold gave me the notice that 9ct gold I just bought is not gold and it cost £10.95 to send it back! Money you get from scrap gold buyers who advertize on TV and in high-class magazines is lower and lower just because it is YOU who have to pay for their advertizing. The market is developing all the time. The price for gold changes and you have to keep a record about it. Check up that link above, btw. SGB have good reputation.
May 13, 2010 6:17am
Selling gold for the best price involves several things....its appraisal as much as the price of gold on the day you want to sell it. I have written an article on how to do it, so you can try to get the best pricing and be working with an 'honest' company.
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