Author Archives: Ashley Whitfield

Getting Your Gold To Work For You

Gold has traditionally been a very highly-valued metal. It has been revered for thousands of years. If you have been considering investing in gold, the following tips will get you off to the right start.

If you feel that gold is too expensive, you may be tempted to purchase gold-plated as an alternative. However, it’s still possible to buy gold jewelry and not need to spend a fortune at the jewelry store. You can get gold jewelry cheaper online or in pawn shops.

Never sell your gold to someone who does not have the appropriate state licensure. Though you still may be taken, licensed buyers tend to be more trustworthy. There are plenty of buyers for gold, so do not think that you must make a sale to the first buyer that you meet.

A magnet can be used as a cheap and fast way to determine if a piece is really made of gold. Precious metals, such as gold, are not magnetic. Often the clasp of a piece is real gold, while the rest of the piece is just plated. The magnet test is an excellent way to find out.

You should research the gold market long before you make an investment. There may be unscrupulous dealers claiming to be experts in order to get you to invest with them. However, you need to be very careful when it comes to promises about making you rich. Gold won’t get you rich overnight, so don’t expect as much.

You should appraise your jewelry before selling it for scrap gold. You may have pieces that are worth more than their weight in gold due to historic or artistic value. You may have to pay for the appraisal, but it might help you get more money. An appraiser may know someone that’s interested in your jewelry.

Many times the backs of earrings are solid gold, even if the earring itself is not solid. This is true of earring backings, necklace clasps and the bands of rings. Since these items are so small individually, it’s best to sell them together in a larger lot. A larger profit can be obtained this way as many pieces are being sold in one “lot”.

Gold investment covers a lot of different options besides acquiring and holding the metal itself. Buy shares in traded or mutual gold funds or invest in some gold mining stocks. If you opt to buy gold coins or bars, you should consider how you will store your gold.

You can sell your gold by mail. A lot of sellers enjoy doing this because it’s not hard. They send you a prepaid envelope, which you then turnaround and send your jewelry to them to get your check back later. Remember that these places usually do not pay as much as other places for gold. You can lose as much as a third of the value.

Divide any gold you plan to sell into groups that contain specific karat values. The value of the gold differs by the karat value of each and if all your gold is weighed together, you will not receive the best cash value. The higher the gold content, the better the price.

Make goals before you make investments in gold. Gold can be a good hedge against inflation and economic instability, but it is a volatile investment. When you have your risks minimized, you can reach your goals.

Do a little price verification before you set your heart on selling your gold via an online service. Frequently, you can find a better deal at a physical business of a local dealer. Just putting your pieces in the mail is easy, but you may not be getting the best price you can.

Since you just learned some valuable information about the worth of gold, you can see why so many people are interested in it. Gold is one of the best investments you can make. Take the information and tips from this article and start investing in your own collection of gold today.

How To Support Yourself By Investing In Gold

Gold is probably the safest investment you can make with your money. You may be someone who has considered investing in gold, but doesn’t have any idea where to start. This article should help you. The information in the text below will help you become a gold investor.

Stay with reputable firms when selling gold. Contact your local Better Business Bureau to see if there have been complaints filed against a gold dealer. Reputable buyers offer great customer service along with fair prices. Protect your invest and look into these companies.

Gold Jewelry

Sometimes the cost of gold causes buyers to go for cheaper imitation jewelry instead. Before settling for a gold plated piece, understand that there are great deals out there on solid gold jewelry. It is easy to get great deals on gold jewelry from online retailers or pawn shops.

Research the current market price of gold before you attempt to sell your old and unwanted jewelry. That is going to help you figure out whether you are being offered a good deal. Lots of dealers offer market value, though some try to take advantage of the sense of urgency felt by sellers needing fast money.

If you are looking to gold as a retirement vehicle, be certain you invest in the proper kinds of gold. Gold as an investment must be designated as approved by the Internal Revenue Service. Only 24K coins and bullion bars are eligible. Consider buying bars instead of coins, since they tend to be more valuable.

Scrap Gold

If you don’t have much money to invest in gold, you could start by purchasing scrap jewelry pieces. Scrap gold can be purchased in very small quantities (like a little bit every time you get a paycheck) and stored until you have a large enough collection to sell off. Store your scrap gold in a secure location until you are ready to sell it.

If you are buying gold jewelry as a gift, make sure you have a money back guarantee. There are time where you may have to return the jewelry. If that happens, you want to be able to take the piece back for a refund.

If you’re unsure what your gold might be worth, then have an appraisal done. It costs a bit of money, but you’ll have a good idea of what your gold is worth. Use a licensed appraiser only. If you do want to sell the gold, understand you won’t be offered full value it was appraised for.

Compare different gold buyers if you want to sell some gold jewelry or gold scraps. Prices paid will vary from shop to shop. The overhead of the store involved may determine how much or little they are able to offer.

Jewelry Item

You might sell gold melted down or as a jewelry item. Usually, you will only get the melt value from both private sellers and pawn shops. If you want to sell your gold as a jewelry item, you should keep looking for a good buyer.

When considering mailing your gold away for sale, be certain you know how much return mail will cost should you change your mind. Most companies will give you free shipping to them but charge you an arm and a leg for return postage. Know what you’re up against before you mail anything away.

You should always contact the BBB prior to selling your gold. You can find out about certain businesses and experiences so that you can move forward from there. Take a close look at complaints, and look to see if resolution was achieved. Businesses that have many unresolved complaints should be avoided.

Gold investing is not limited to experienced players, and is actually something anyone interested in keeping their money safe can do. After reading the tips in this article, you can rest assured that you will make wise decisions. These concepts and ideas can be referred back to whenever necessary.

Stop And Read This Article If You Need Help With Gold

Gold is something that has been a tremendous value and worth. Since its discovery in ancient civilizations, it has been treasured by people. If you want to start trading in gold, the tips below will help you.

Gold prices change frequently, so you must stay apprised on the values of your items. When selling gold, be sure that items of differing karat values are weighed separately. Don’t sell jewelry with a designer name that has a higher worth than straight melt value.

Get a good education in precious metal pricing before you try to buy or sell gold. The value of gold tends to fluctuate, which is why it is important to understand the market trends. You should be ready to pay a higher percentage for fractional pieces like half ounces and quarter ounces over the melt prices.

If you’re thinking of mailing off some jewelry to someone, you need to be sure you do your research first. Your package needs to be insured, and you need to be aware of when you are going to receive payment. Be sure you capture photos of everything you put in the mail.

Scrap Gold

If you don’t have lots of money to buy gold, but still want to profit on the upside, think about buying scrap gold. You can accumulate scrap gold as you can afford it and have a pretty nifty next egg in a few years. Find a secure place for your stash until there is enough for you to cash it in.

Know what you have when it comes to gold. A lot of the time, gold isn’t really worth what it looks like it’s worth. Usually gold is mixed with other metals to give it strength. This will lower the price. This applies to gold plated items as well. If you don’t know exactly what you have, consider an appraisal.

Never sign a contract without thoroughly reading it first. If you’re looking at selling gold through a mail-in dealer, you will want to know all the finer details that entails the process. This lets you learn the amount of proceeds you need to pay for fees and commissions.

Prior to selling gold, make sure you separate it by karat weight. Keep an eye on the gold buyer because they may try and deceive you. A common trick is to weigh everything together and then give you the price for the karat that is the lowest weight. You will get significantly less money that way, and the dealer gets more. Instead you should go in with pre-separated piles to make the biggest return.

You can sell gold by mailing it to a buyer. A lot of sellers enjoy doing this because it’s not hard. You get a mailer that is prepaid, place jewelry inside and send it, and you get a check. However, you have to remember that you’re not going to get the most from your gold this way. Some of these outfits pay you a third of the money for the item than you might get elsewhere, so be cautious.

Know your goals before investing in gold. Gold may make a volatile investment; however, it can be good insurance against inflation. Give yourself the best chance for success by deciding how much risk you are willing to take and what you want to accomplish.

Make sure you understand the buyback policy of your seller. Every buyer has a different fee schedule and the prices may vary widely. Consider if sending the item by mail or going to a local place is more logical. To protect yourself, avoid buying gold and leaving it in the custody of a dealer.

After reading this article you should be better educated in the investment of gold. Gold is not only beautiful, it also is a sound financial investment. Use these tips and invest in gold right way.

Let Your Portfolio Shine With These Gold Tips

Getting into gold is a great way to make sure you’re taken care of in the future. You may be someone who has considered investing in gold, but doesn’t have any idea where to start. This article is for you! Here you will learn some great advice and information on how you can make the gold market work for you.

Make sure to research prospective buyers in advance in order to find a reputable one. Read online reviews, check with the BBB, and see how the dealers resolve complaints. Get the best offer for the gold you have to sell by approaching multiple buyers.

You should always ask for timely delivery when purchasing some gold from a reliable seller. Always get a timeline in writing of when your gold pieces will be delivered if immediately delivery is not provided by the seller. The expected delivery date should be noted somewhere. Do not complete the order unless you have this in writing.

Gold is high in price, and this deters some. You might choose gold-plated or gold-filled pieces instead of ones that are full gold. You can still buy gold jewelry without spending too much at the jewelry store. Check pawn shops and online websites for cheaper gold prices.

Research the market price before selling any of your gold jewelry. That way, you will know if you are being offered a fair price for the items you have. While dealers often give you market value, some are used to sellers wanting quick cash.

If you are looking to gold as a retirement vehicle, be certain you invest in the proper kinds of gold. The gold must be approved by the IRS. That means only 24 karat and only coins or bullion. Lean towards buying the bars over the coins as they hold more value than coins.

Use GoldMoney if you are interested in buying gold. It’s like opening a bank account which trades in gold. You put money into it like any other account, (e.g. a savings account) but it’s converted into gold bullion. The gold resides in a bank. From there, you can sell it or do a number of other things with it.

Know what you’ve really got. Everything that appears to be gold isn’t worth its own weight in it. Many times, other metals get mixed with gold for more durability. That can make it less valuable. Items can also be plated with gold. If you don’t know exactly what you have, consider an appraisal.

It is crucial that you understand the gold market before you try to sell any. You should see what other pieces like yours have sold for. This will provide you with a good starting point on pricing. In order to be able to negotiate, you ought to give a price above the amount you really want.

Before selling your gold, comparison shop. You never know what kind of offer you will receive! If you don’t shop around, you may not get what you are owed. Take your time so you can make the greatest return on your gold.

You don’t have to have gold in hand in order to invest it. You have the ability to invest in mining stocks or exchange traded funds that have an emphasis on gold. Buying gold bars or coins involves considerable storage. Remember you must keep these things in a safe place.

Gold investing is not limited to experienced players, and is actually something anyone interested in keeping their money safe can do. Since you read these excellent tips about buying gold, you can feel secure knowing you are making wise choices. Keep these great ideas in mind as you go.

Gold Information That You Absolutely Must Know

This article will help you understand what it takes to invest in gold. You should not feel afraid. Learn all you can and begin your gold investment adventure. Gold investing has many advantages, and you need to know what they are.

When you decide to sell gold, you should get a few sources to give you an estimated value. Gold buyers include all types of businesses ranging from jewelers to online companies. Nearly every one has different profit levels that they must maintain. Getting estimates from several establishments will help you make sure that you receive a fair price.

Sell Gold

Think about using the Internet to sell gold. You no longer need to buy and sell gold at a physical location. There are plenty of websites out there you can use to sell all your gold. The site will mail you a kit for mailing in your items. They will pay you once you send the gold in.

Research the current market price of gold before you attempt to sell your old and unwanted jewelry. That way, you will know if you are being offered a fair price for the items you have. There are some unscrupulous dealers that will try to pull one over on you.

If you do not have a large amount of money to start off with, why not consider purchasing scrap gold. It is possible to accomplish this over the long haul, by purchasing some gold every pay day, and build up a valuable reserve within a year. However, ensure that you have secure storage for your collection.

Take your old gold that you want to sell to a number of different gold-buying companies before settling on one. Many stores do not pay the going rate for gold. Try to focus on stores that are not located in a mall, as their overhead may not be as high, which means they might have the ability to give you a better return on your gold.

GoldMoney is a popular resource to use in gold buying efforts. It is kind of like setting up a gold “bank account.” You establish your account and deposit your money, and they assign you a certain amount of gold equivalent to the value of your initial deposit. The gold is in a vault being protected, but you can sell it or even have a bullion bar shipped to you.

Antique stores may hold valuable gold. When you know what to search for, you can find great items in these places. A lot of people don’t know the value of what they have, and just give or sell cheaply to those places. You can reap the benefits of their loss if you do your homework first.

Know what you’ve really got. Pieces that appear to be gold may not be worth gold’s weight. Often, you will find other metals mixed into the gold in order to strengthen the item. This actually lowers the price of the gold. This is the case with gold plated items. When you don’t know what you’ve got, have it appraised ahead of selling it.

You have a solid foundation of information to help get you started right. Use these tips to help you become a master gold investor. You will start seeing the benefits from investing your money in gold.

Curious About Trading With Gold? Try This Expert Advice

What would you say if I told you an investment in gold could provide you with the answer to all of your prayers? But that’s only if you’ve got proper knowledge for making a large enough profit for retiring on. Keep reading for some great tips on getting started investing in gold.

Think about selling gold on the web. You don’t need to visit an actual store to do this. You can also choose to use an independent online site to that specializes in buying gold. You can get a kit to send your gold to these websites for money. If everything is together, you’ll get paid their going rate.

If you’re thinking of mailing off some jewelry to someone, you need to be sure you do your research first. Be certain you have a clear understanding of the timeline involved, and make certain your jewelry is insured. You can also protect yourself in case of any disputes by snapping some photos of your jewelry before sending it off.

Have a professional appraise your gold jewelry if you do not know how much it is worth. Paying a professional to appraise your item is a good investment. In order to have it valued most accurately, go with an appraiser who is accredited and independent. When you sell, you won’t get the whole appraisal value, though.

Compare different gold buyers if you want to sell some gold jewelry or gold scraps. Some stores won’t pay the market price of gold, and it’s up to you to realize this. Kiosks in malls and other high-traffic areas pay more in rent and operations, thus, reducing the amount of money they are able to offer for your gold.

Thrift shops, antique stores and estate sales can be fantastic sources for finding gold jewelry at a good price. You can find bargains in these places. Lots of folks are unaware of the value of the items they donate to these places. If you do some research, you can benefit greatly.

Use a magnet to quickly determine whether an item is really made of gold or another precious metal. Real precious metals do not stick to magnets. Sometimes you’ll find a clasp to be something solid, but everything else is plated. Using this technique will help ensure your pieces are solid gold.

Gold is usually a safe investment but this precious metal can also be volatile. If you cannot tolerate ups and downs, look elsewhere. If your stomach can handle the rough ride, you should still protect yourself from losing too much money. Only invest a small amount of your financial portfolio. Limiting gold to five percent or less of your total investment is a good idea.

Karat Values

Break up your gold into karat values when you intend to sell it. The gold values differ by karat values so if all the gold you have is weighed together, it won’t be the best value you can get. Higher karat value translates to higher value overall.

Have a game plan when you’re planning on putting your money into gold. Though gold stands up well against a bad economy and inflation, it can be risky. Knowing your goals and limiting your exposure beforehand can help improve your chances of earning money.

If you are going to sell your gold online, check the going price of gold first. Frequently, a local dealer who has a physical presence will provide a better deal. Sure, doing it by mail is super convenient, but it could also be super costly.

If you want to invest in gold but do not have a lot of money upfront that is okay. Just start small. Begin by investing small until you can afford more. In time, you will build up to owning a significant amount of gold.

No matter the conditions of the market, gold is always a favorite. The good news is that it makes it possible to profit if the market is up or down. This is what makes gold the choice of so many investors.

Do not expect to earn a large profit right away, but gold is an excellent way to protect your savings from inflation. Smaller goals will easily be reached as time passes. The race is won by those slow yet steady. You can enjoy the full process when you don’t force it.

Get Involved In Gold With These Solid Ideas

While many people have invested in gold over the centuries, today’s market is available to anyone with dream and a dollar. If you are interested in making the most of the opportunities presented by gold, this article is for you. Read on for some priceless advice.

It is always a smart idea to have more than one appraisal when you are considering selling gold. Several gold-buying services and jewelry stores get different profits for the gold they buy. By seeking multiple estimates, you are able to determine whether an offer is truly fair.

Gold’s price is always changing, which makes it important to know your piece’s value before selling it. If you choose to sell any gold, keep in mind that pieces that have different karat values need to be valued and weighed separately. Stay away from selling high-end jewelry pieces because they have more value.

Do careful and thorough research on any gold seller you are considering doing business with. Check online reviews, BBB.org and their websites. If you get quotes from multiple buyers, you will get the most for your gold.

If you plan to sell jewelry through mail-in companies, make sure to do your research first. You should be clear about when you can expect to be paid. Insuring your gold shipment is a good idea, too. Take pictures of anything you send so that you can settle any disputes that may occur later.

If you plan to invest in gold for retirement, be sure you purchase the right kind. The gold must be approved by the IRS. Gold for this purpose must be bullion bars or gold coins of 24 karat weight. You should be more inclined to buy gold bars, which hold greater value than coins.

If you don’t have much money to invest in gold, you could start by purchasing scrap jewelry pieces. This can be done in tiny increments which allow you to build wealth slowly. Make sure you have a safe place to keep your gold (a safe deposit box is ideal) while you’re collecting it.

If you’re unsure what your gold might be worth, then have an appraisal done. Even though it is an extra expense, it can be well worth the investment. Find a reputable appraiser, however, to visit. Understand that you probably will not get the full appraisal price when you sell your gold.

Before you ship gold jewelry to a buying service, find out whether you will be charged for return shipping. If you are not satisfied with the offer, you will have to pay this amount. A lot of companies say they offer free shipping, but if you refuse their offer they charge a great deal. Be certain you know exactly what those fees will be.

When it comes to purchasing gold, GoldMoney is a site to consider using. You will own some actual gold, but it won’t be in your possession. You create an account and fund it; then your account is given some gold at the market price. The gold physically sits in a bank vault where you’re able to portion it, cash it, or in certain circumstances, redeem it for one kilo gold bullion bars.

Research a dealer before doing business with them. The Better Business Bureau can help you determine whether you are dealing with a credible, honest company. Contacting the BBB will tell you if any complaints have been filed about your gold dealer. Upon learning of numerous complaints, it’s best to look elsewhere for services.

Just about everyone recognizes the role gold has always played in solidifying and warehousing wealth. The recent economic challenges have made this even more true. Use the information from this article as a valuable resource to help your build your wealth.

Gold And Everything That Needs To Be Known About It

If you have wanted to make a gold investment before but have not done so, you are in the right place. If you’re new to it, there’s no reason to be overwhelmed. But, it is important to know more about it before you try to invest in it. There are many advantages to investing in gold.

It is always a smart idea to have more than one appraisal when you are considering selling gold. From pawn shops to jewelry stores, each location will charge a different premium on gold. If you’re able to work with a couple of different places, you can see if you’re getting the best deal.

You’ll want to know just how much your gold will be worth when selling it. If you decide to sell your gold, pieces with different karat values should be weighed and valued separately. Try not to sell jewelry items that are valuable due to their maker.

Before you buy gold, be sure you know exactly when it will be delivered to you. If this is not possible, make sure you get a written contract outlining when the items will arrive. The expected delivery date should not be a mystery; it should be clearly stated. Only go through with your order if you obtain this document.

Save your money to buy higher quality gold and avoid gold-filled and gold-plated pieces. You don’t have to spend a fortune buying jewelry at a specialized shop. You can get gold jewelry cheaper online or in pawn shops.

Verify the market price before selling your gold jewelry. That way, you will know if you are being offered a fair price for the items you have. Dealers will charge you a premium on top of market value so they can make some money too.

If you want to send jewelry to a gold company via mail, check them and their conditions out carefully before going to your post office. The last thing that you want to do is lose money because of a flawed shipment. Take a photo of what you mail to battle against disputes down the road.

If you don’t have lots of money to buy gold, but still want to profit on the upside, think about buying scrap gold. You can buy a little at a time, building up a stockpile. This will not break the bank. Keep your collection safe until you have an sufficient amount to cash in.

Prior to coming to any decisions with regard to a gold buyer, shop around. You might be surprised by the price variants. If you do not get several offers, you may not get the best price. Instead, do your research and get the most for your gold.

Before you sell a piece of jewelry for scrap, have the piece appraised first. You may have pieces that are worth more than their weight in gold due to historic or artistic value. While you may get charged a small fee, it can earn you more cash later on. By taking your jewelry to an experienced appraiser, you may also find yourself with a good lead on a potential buyer.

Don’t get into a complicated situation if you’re just starting out as a gold investor. Avoid gold futures, even though it is a popular investment. Futures are not only complicated, but they tend to change. It is possible to lose a great deal of money fast if you are not experienced. Let more experienced investors make these kinds of complex investments.

Now you have the information you need to get moving. The ideas presented here can get you started in gold investment. Soon you will see how your investments pay off.

Need Ideas For Dealing With Gold? These Tips Rock!

Gold is the king of the finance world. There is much to learn to develop investment strategies concerning gold. There are many aspects of the gold market to consider. You might purchase gold or simply buy shares in a company. Continue reading to find out everything you need to know.

Hundred Ounces

When investing in gold, bullion bars are the best way to go. They are available in various weights. They start at a mere half-ounce, but also rise as high as four-hundred ounces. However, you may have a hard time locating bars that weigh four hundred ounces.

Research several gold buyers and compare them to obtain the best price for your gold. The BBB can be a great research, as can online customer reviews. Check for offers through different buyers to make sure you get the best price for your gold.

When you first check out gold jewelry, you may be in for a bit of sticker shock and decide to buy gold-plated jewelry, instead. You can still buy gold jewelry without spending a ton at a jewelry store. Find cheap gold in pawn shops or online.

If you buy gold for your retirement fund, be sure it’s the proper kind. Gold as an investment must be designated as approved by the Internal Revenue Service. It has to be in the form of 24-karat gold bullion or coins. Consider bars more than coins, since they have more value.

Spot Price

Always check the daily spot price before you buy gold. The spot price is readily found on the Internet. When going to buy the jewelry, you should not have to pay higher than 8% markup over the spot price. Some dealers will try to charge more, but they are overcharging and oftentimes, not ethical.

You need to only sell your gold to buyers that are licensed. While you can still get taken for a ride, licensed buyers tend to be more reliable. There are many stores and individual buyers looking to purchase gold, so always know you have multiple options, and never just the first deal that comes up.

Even though gold buying can be thrilling, try not to talk much about it. The fact is that some people just aren’t trustworthy. Keep your investment private and secured, preferably in a safe. Doing so means you are protecting your gold.

Do not discount the value of searching through antique stores or thrift shops for your gold. These places can be treasure troves for gold hunters. Lots of folks donate items or sell them in such venues simply because they lack knowledge of their true value. Your knowledge will help you get the better end of the deal.

Exercise great care when you’re getting into gold trading. All markets have their flaws, and the gold one is no exception. There are those out there that will intentionally offer you a much lower price than the gold is worth if you are selling, and increase the price if you are buying. Always err on the side of caution, and fully research every option before taking it.

Know what you have when it comes to gold. Just because it looks like gold doesn’t mean it’s valuable. Quite often, other metals are mixed with gold to give some strength to the metal. The less gold, the less value. So, too, can items that are simply gold plated. Having an appraisal done to your gold can help you get the best idea of its actual worth.

Very often earring backs are made from gold even when the earring itself is not. In addition, necklace clasps or ring bands may be gold, too. Because these pieces do not weigh a lot, try selling them as a “lot.” This is a bunch of different gold pieces in quantity and can help you to get more money for them.

You should always contact the BBB prior to selling your gold. The BBB’s website will share any negative reports made against a company through the BBB’s service. Look closely at complaints to find out whether or not they were satisfactorily resolved. If you see many complaints, then you need to find another business.

There is a lot to learn when buying and selling gold. You are better able to make a decision about fitting gold into your portfolio. Use these tips to inform all of your future gold investments.

Gold Information You Will Not Find Elsewhere

Many people have an affinity for gold but aren’t truly familiar with it. This means that many people don’t know about the financial advantages of gold investing. If you happen to be someone that isn’t knowledgeable about gold, then the tips presented below will be of tremendous value to you.

You may think that solid gold jewelry is too expensive and choose to purchase gold plated or filled jewelry. You don’t have to spend a fortune buying jewelry at a specialized shop. Pawn shops and online sites have hundreds of gold pieces for sale.

Current Market

Before going to sell your jewelry, investigate what the current market price of gold is. This allows you to evaluate a dealer’s offer against the current market rate. While dealers often give you market value, some are used to sellers wanting quick cash.

Look into buying scrap gold if you can’t afford to get into the bigger market. Invest small amounts of money in scrap gold. After a few months, you will have accrued a significant store of gold. Find a secure place for your stash until there is enough for you to cash it in.

When considering mailing your gold away for sale, be certain you know how much return mail will cost should you change your mind. Companies often provide free shipping, but it can be costly to get them back to you in the mail. Be sure you figure out what things will cost before you start mailing off your jewelry.

Do not discount the value of searching through antique stores or thrift shops for your gold. You can find bargains in these places. People frequently give these things away without understanding their value. If you conduct research, their loss can turn into your gain.

Be aware of the true value of your items. Appearance alone is not an accurate gauge of the value of your gold. In many cases, additional metals have been mixed with the gold to strengthen it. This actually lowers the price of the gold. Gold-plated items apply the same principle. If you are not certain about what you have, an appraisal before selling is wise.

Comparison shop when you are choosing a buyer. You may be surprised at the differences in the offers that you’ll get! If you sell hastily, you may wind up with a poor return. Be cautious and go slow in order to get the best deal for you.

Earring backs are often solid gold when the earring isn’t. Necklace clasps and ring bands are frequently real gold too. You can sell these small pieces together. Selling lightweight gold in a lot will increase your chances of selling them.

The price of gold has increased 400 percent over the past 10 years, and that is great for gold owners. No one knows whether it is smart to invest in gold right now or not, though. In general, when the dollar is weaker, gold prices tend to rise.

Be sure to find out about a buyer who may purchase your gold in order to be protected. This is critical if you are looking into a mail-away type service with a buyer in another state or community. Any company you want to do business with should be BBB listed so you can check into them.

As was mentioned earlier, no matter how much they love it, most people don’t know much about gold. Since you’ve read the article above, you should be better educated. Use the information above to assist you in making wise decisions.