How to Sell Scrap Gold For Cash Without Getting Ripped Off

With gold prices still on the rise, people are looking tobusiness. If they are a local company, go check them
make a little extra cash by selling off their old goldout before you decide anything.
jewelry, coins, bullion, and even fillings. Selling gold toIf they have a phone number call them up and see
refiners is a great way to get some cash to pay thewhat their customer service is like. Don't let them hard
bills or just save up for a rainy day. In the followingsell you here until you have finished the research
article I will explain how you can sell gold for cash withprocess. It is also a great time to see how much they
out getting ripped off by all the scam artists that havewill offer you.
popped up recently.Find out the current price of gold before you send in
The first thing you need to know if you want to sellanything or accept any offers. You can find it on many
gold without getting ripped is that you must thoroughlyfinancial sites like or Goldprice.org. The spot price of
check out any companies you want to deal with. Findgold changes daily so check right before you call a
out how long they have been buying gold. If it's not atcompany up, it only takes a few seconds. This way
least 5 years or more that should be a warning sign.you have a number to work with when you get an
Not all new gold refiners are scam artists but it isoffer from a refiner.
generally a safe bet that a company that has been inDon't deal with the middlemen gold dealers. They have
business for more than five years probably doesn'tto offer you less than what your gold is worth to a
make a habit of disappointing their customers. And ifgold refiner in order to turn a profit. Go directly to a
they do, a quick Google search of the company or agold refiner that will offer you more than 80% of the
visit to complaints board or a similar site will tell you ifspot gold price. If you can get an offer of over 85%
any of their customers were dissatisfied.you should probably take it.
You should also understand their buying and selling goldFinally you need to realize that even once you send
policies before doing any business with them. Unlessyour gold into a refiner you don't have to take their
they offer you 80% or more of the spot value foroffer until you cash the check. Be aware that some
gold, look somewhere else. Check and make sure thatcompanies offer a direct deposit offer but it's generally
they will insure your gold both ways if you send themnot recommended because you won't know the
any for a estimate. You don't want to be out hundredsamount until it gets deposited into your account. Some
of dollars if there is a shipping error.companies do have a time limit though and if you don't
Always check out the company's address beforereject the offer in time they will smelt your scrap gold
sending anything to them. Make sure that it is an actualdown before you have the chance to tell them that
physical address at a brick and mortar site. A postyou don't accept.
office box is more than likely a sign of a illegitimate