How To Sell Gold - Some Pointers Part 1

Sell Gold

When you are looking for Gold and Silver Buyers to sell your gold and jewellery to,  you want to avoid those companies that are paying too little.Here are some pointers

1/ Avoid using gold and silver companies who do not publish their buying prices/ don't have a website calculator. Ask yourself, why are they NOt publishing their prices

2/ Avoid companies who publish "up to" or "guide"  prices on their gold calculators. you want to know what the actual price paid will be NOT what they might be

3/ Avoid companies that send out gold "packs" One way or another you will be paying for these packs from the sale of your gold and silver

4/ Avoid companies that use clebrity endorsements  or that advetise heavily. Again you will be paying for this from the proceeds of your precious metals sales.

5/  Look for reviews on the company concerned and give priority to Google reviews. These cannot be bought or faked by the company concerned and neither can negative reviews be hidden.

6/ Avoid local Jewellers and antique dealers. These often offer less than scrap . That way if they can't sell your items on they can still make money scrapping them in . its always worth getting a quote first from these as a starting point though.

7/ It pays to shop around, whether via a postal gold company or a visit in person

NB Want To sell your Gold and Silver? Estimate the value yourself first

1/ The first step is to get a price for your gold or silver. Use the hallmark chart below to identify the type of gold or silver you have...

 The Hallmark chart below will help you to determine the carat of your gold  and silver when you want to sell it, Nb you may not be able to see all hallmarks & some foreign hallmarks can be unreliable so keep these to one side to ask the gold buyer of your choice

. Remember also that UK hallmarks are scientifically tested and legally enforced. Gold and silver hallmarks from some other countries are not so strict so the purity can be less than the hallmarked stamp. this is particularly true for asian gold. Establishing the gold or silver hallmark is the first step to getting the right oprice for your gold and silver. The next steps will be to weigh your items in individual carat groups and then use the gold calculator of the company you have chosen. 

2/ Then weigh your items and use the on-site calculator for all gold and silver.