Thursday, June 21, 2012

Anybody Can Sell Gold Legally

By Thelma Kent


Many people own jewelry and precious metals that they no longer use or like. Such items can be used to raise cash quickly and easily. For anybody that wants to sell gold Spring offers residents a variety of channels. Precious metals can be found in surprising places, even in old computer parts. Coins are also often valuable and it is even possible to sell old gold fillings.

It is important to realize that the cash raised from the sale of this precious metal will never equal the going market rate. In fact, most buyers will pay in the vicinity of thirty percent of the true value of the items. Truly valuable pieces should therefore rather be appraised by an expert before being sold.

By far the largest percentage of items offered for sale is in the form of jewelry. Many people have one earring from a set, for example. If the item is in good condition it may be possible to raise more cash by offering to sell it to a pawnbroker or even a jeweler. The bulk of the buyers, however, offer low prices for bits and pieces.

A lot of people are in possession of one or more coins that they inherited or that were given to them. If they are not serious collectors, these coins can also be used to obtain cash. Some coins are extremely valuable and sellers should seek the advice of a coin dealer or collector before selling to a trader.

There are many ways in which to sell precious metals. Some online traders even offer a free postal service. Great care should always be taken before entrusting valuable prior to receiving the cash. It may be wise to ask for references and to peruse consumer feedback websites before deciding on who to deal with.

While many dealers are reputable and honest, there are also those that are out to take advantage of gullible or desperate consumers. As long as the entire process is documented the seller enjoys some form of protection. To sell gold Spring residents are fortunate in the fact that there are several reputable dealers that can help them raised much needed cash.




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