What's the best way to sell gold?

It's so high right now I should cull through some things. However, I am dubious about all these cash for gold places. Anyone had luck with this?

and I asked her about it once but she said they wouldn't buy it. Hmm. Maybe others do.

If it is sent out to an assayer you will be responsible for the cost. You will also have to pay a % fee to the jeweler. Call around. :hi:

selling thru a jeweler is just a nice way of selling thru a pawnbroker, you will not get a fair price\

your friend the jeweler didn't want to rob a friend, which puts her head and shoulders above 90 percent of the jewelers out there

market price on the day the assayer confirmed the weight and purity, less 15% to the jeweler and 2% plus $30.00 to the assayer. Considering my end was about $5,000.00 for something that had cost me $1,000.00 at most I didn't begrudge those guys making a profit.

send it to me and i will send you the money later

is that you?

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up keeping the jewelery till I find a better way. If you take your gold to a pawn you can find out approximately what its worth as pawnshop's will lend up to 10% of its worth. Once they tell you what they are willing to lend, you simply decline. I did that then went to places that buy gold and they were offering less than half the worth. From what I've since then jewelers are the best place to sell gold but I suppose you have to find one that will buy it and I imagine jewelers will also only buy your gold for a fraction of what it is worth.

It's going to be the only way to buy things after the economy blows up and all the banks go out of business per the tea party's predictions.

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you can refine your own gold at home. Just need a few common chemicals and a very hot torch.

There are few things in this world more beautiful of themselves than molten gold. Mmmmm.

what is the value of a molten lump of gold? how can you explain why you have a molten lump of gold? it looks suspiciously like you stole it and melted it down to be unidentifiable

you have a problem that now you will have trouble selling the gold to any legit place and pawnbrokers/fences/shady guys give you pennies on the dollar, so you have drastically reduced the value of your gold

there is nothing wrong with melting the gold if you have a kiln and the desire to make your own jewelry but nobody's melting gold for the sake of melting gold unless they're a thief, do you want to be taken for a thief?

if you have coins or bullion, there's no doubt about it-- you will get the best price by going to a PNG affiliated coin store that prints its bid/ask price on the internet

for shits and giggles, i got some quotes on my coins at a "we buy gold" place before i went to the real PNG coin dealer...it would have cost me almost $1000 to sell at the "we buy gold" place as opposed to the real price i received at the honest place, "we buy gold" jump on the bandwagoners are quite simply thieves, they are just pawnbrokers with better signs

if you have bits of broken gold and silver jewelry, there are a few online places that are better than others and that will give you a decent percentage of melt, but i don't know if we're allowed to recommend specific places online, let's just say that if they are offering a good price, they will provide you a Fed Ex number to ship the gold for free AND they will post their prices/have a phone number you can call to get the price

if the price is not based on the spot price, such that it changes with the markets, it is a rip-off and is much much MUCH too low

do you have a scale? if you know the weight and the karat value of your gold, you can check the spot market price at coinflation.com or another site and figure out what your gold is worth, allowing for a reasonable small percent for the refinery/recovery fee...but if the gold dealer wants to give you pennies on the dollar, fuck him, i already had this happen to an older relative who had thousands of dollars worth of gold stolen for her for around $70...and it did happen in tennessee..i wish she had told me before she sold, because i could have bought the gold for that and sold it myself, and at least kept the stealing, looting, and pillaging in the family

please do NOT sell your gold without knowing weight/spot market value and if it's coin/bullion sell ONLY to a PNG dealer, true there aren't many PNG dealers that's because MOST people in this business are downright thieves


on edit-- ARGHHHH...for some reason i kept thinking professional numismatics assocation it's professional numismatics GUILD...so PNG

Thanks :-)

even tho you are not selling numismatics coin but coin for its metal value, it seems like PNG dealers are the only honest ones i have found

i think the thing to do is just get your yellow pages or google your local dealers to see who fits the screen, belongs the professional numismatics guild and publishes their buy/sell prices for junk silver, gold coins, etc.

in the greater new orleans area for example it's basically one business (that i know about) but even if it's a hassle to drive to that one business, the difference in price i'm offered is WELL worth it

I had a little stuff that was broken or of no artistic value. After much searching, I found a company not too far from me that paid market price less 15%. I found one that would deal directly with the public. I was able to eliminate the middleman. It was not much precious metal to scrap but better that 15% in my pocket than in some jewelers pocket.

In your calculations, don't forget that what you are selling, unless it is ingots, is not pure. You must adjust the price you would be paid based on the % of AG and AU in the object. The link following is a great help if you have a scale that will weigh in pennyweight and Oz Troy or you are great at math.

http://www.goldprice.org/scrap-gold-price-calculator.html

Are your drawers and tables cluttered with old out-of-style gold and diamond jewelry that just gathers dust?

Are you sick and tired of trying to unjam your vacuum cleaner after it chokes on old pieces of jewelry that it sucked up?

Are you worried you'll up end dead, like Jon Yoff -- who died in a tragic accident caused by excess jewelry?

You'd like to scoop all that stuff into a plastic grocery bag and head down to the local pawn shop to see if they'll take it. But then you'd have to deal with all the little children there and the yappy dogs and the meth heads and maybe even a lot of people who won't speak English

Wait! Did you know you can turn all that dirty dangerous old junk into pizza coupons?