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Cash For Gold

Cash For Gold

Most of the people who try to sell their jewelry or other gold items for cash are getting ripped off

. The majority of gold buyers out there are simply paying pay way to little for gold jewelry, scrap gold, gold watches and other items.

Many of the popular gold buyers are actually paying customers less than 60% of what their gold is worth. These so called gold buyers are getting away with paying next to nothing for gold because they know most people know little or nothing about gold. They are counting on the fact that the average person doesn't know how much cash for gold they should be getting.

How much you should be getting for your gold?

You won't get the prices listed in the newspaper because those prices are for pure gold bullion. Most of the gold you have in your home will be less pure and worth less.

The best way to get a really price for your precious metals is to locate a reputable buyer. Fortunately there are many reputable companies that specialize in the purchasing of jewelry and other objects made from these metals.

It should be fairly easy to locate such a buyer by going online. Something to remember is that a responsible buyer of such metals should be licensed and a member of a jeweler's association. This firm should also operate in a state like New York that has strict regulation and supervision of companies that buy such items from the public.

What a Buyer Should Do for You

A buying firm should also provide a Fedex or UPS package so the owner can send in his or her items free of charge. Nobody should ever have to pay to send in jewelry or watches to be evaluated for price.

Once the evaluation has been done the buying agency should pay the owner immediately. The person should have a choice of methods of payment that includes Paypal, wire transfer and check. Payment should be sent out as soon as the price of the items has been ascertained.

If the items are not purchased this firm should send them back as soon as possible at no charge to the owner. There should be no risk whatsoever to anybody who wants to sell their valuables.

by: Karen Simpson
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