Selling your old gold is an excellent way to make money, if you know what you are getting into. If you’re like most people, however, you’ve likely unsure of exactly how the process of selling your old gold works. Have no fear – below is are the top tips that you need to know about selling you old and unwanted gold using gold and jewelry refiners that pay you per weight.
1. The price of gold is at the highest in history. Never before has it been more lucrative to sell your unwanted and old gold to refiners, and it will probably never be again. This is the absolutely best time to turn over your unwanted gold for a handsome price.
2. The market does fluctuate daily. It would behoove you as a seller to study the market for a week or so before actually selling – but bear in mind that sitting around for too long can result in the loss of potentially high revenue.
3. Don’t use time constraints as an excuse. Most gold refiners have a simple, quick, and secure method of accepting your unwanted gold. All you need to do is request a kit, drop your gold on the package, and send it back to the refiner. For less than a minute’s worth of work, you can make your monthly pay – or more. Don’t keep telling yourself you’ll do it when you have more time; it doesn’t take any time at all.
4. Not every refiner will utilize the same price. Do your research ahead of time to find out the going rate per weight that the particular gold refiner you have chosen is offering. This way, there are no surprises when the offer comes in.
5. Be sure of the quality and carats of your gold. You might think you have pure gold and it is only plated. You don’t wasn’t to be disappointed when you receive your offer.
6. Be sure that there are no other metals in your sale lot. Gold is a very dense metal, but other metals will inflate your weight, and some refiners may even pay you less per weight if they need to separate other metals. This is known as clean metal, as keeping it separate will enable you to receive the best possible price, and save time for both you and the gold refiner.