Making Ends Meet

Where To Find A Gold Buyer

13 August 2020

Judy Gomez

If you are interested in selling your gold scrap, jewelry, or even your gold bars, you're in luck. There is a very strong market for gold of all sorts in the United States, as the mineral has both intrinsic and aesthetic value. You can find gold buyers at online gold buying companies, second-hand jewelry stores, and peer-to-peer shops.

Big Gold Buyers

One of the best places to find gold buyers, no matter what quality of gold you have and how much you own, is with an online company that offers money for gold scrap. You find your gold scrap, send it to the company via the mail, and wait for them to send you an offer through the mail or through email. If you like their offer, you can cash the check they'll send, and if you don't, you can request your jewelry back. There are a lot of different online gold buying companies, and you should be careful to choose a business that is trustworthy.

Secondhand Jewelry Stores

If you think your gold is worth more than just it's per-karat value, then you may want to sell your gold to a secondhand jewelry store or pawn shop. You most likely have one of these in your local area, which means you don't have to hassle with the mail when trying to find a good price. These gold buyers are out to resell your jewelry for a higher price than what they can give you, so don't expect to get the same dollar amount that you see similar or identical jewelry selling for, even at the same location. You can also leave your jewelry as collateral for a loan at a pawn shop if you would like.

Peer-to-Peer Selling

Finally, if none of these options appeal to you, you can try to find an individual gold buyer through various online peer-to-peer shops. This can be more difficult than handing it off to a larger store, as you'll have to handle the sale yourself. Additionally, it can be hard to know if a buyer is trustworthy. Luckily, most peer-to-peer shops have ways to avoid these problems, by helping you with the shipping process and allowing you to review the profile of people that want to buy your products. If you find a buyer here, you may be able to find a better price than with other options, as they may be interested in both the intrinsic value of the gold and the aesthetic qualities without needing to make a profit from you.

If you need to find a gold buyer, you can do it with ease. You can sell your jewelry to online companies for it's per-karat value, find a local secondhand shop, or find individual gold buyers online.

For more information on gold buying, contact a local business such as Beaverton Coin & Currency.

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