Where To Sell Scrap Gold
For The Highest Price
There are several options available to sell scrap gold for the individual, someone with only personal items, and the dealer who has large quantities they've purchased from multiple sources.
For The Individual Seller
For the individual who has unwanted jewelry, or any other type of gold scrap, receiving a fair price for their goods is the main goal.
Trying to sort through the hoopla can be a cumbersome task. Every last buyer tells you that they pay the highest price, when you know better.
Currently, one of the most popular ways to sell your gold items is by hosting or attending a gold party.
By hosting a party you not only receive good money for your gold, you also have the opportunity to receive a commission on what others sell.
This opportunity was created and is managed by Gold Refinery USA. Due to the fact that a refinery of gold is the ultimate buyer, the amount paid for the gold is a fair price.
Selling To Gold Buyers
There are several types of
to choose from.
The price they pay depends on what they plan to do with the gold they buy. Some buy for melt value and resell for a profit, while others buy for investment purposes.
Naturally, the buyer who has to make a resale profit would pay less than the investor who holds on to the gold..
Before you close the deal be sure to do your homework by asking them directly, "What do you do with the gold you buy?"
Finding a buyer in your area, who pays a fair price, can be done right here at Gold Beginners by viewing our
local buyer listings.
These buyers are listed by geographical location. Every buyer who is listed there will pay a fair price for your valuables.
For The Dealer
If you are a dealer you have several options to choose from when selling your scrap gold.
The first is through a middleman, a buyer in bulk. They generally pay very close to spot value because they work on a small profit margin. They can do this because of the volume they handle.
Most of your larger bullion dealers fall into this category.
Golden Eagle Coins in Laurel, Md is a good example.
This highly reputable company has been in business for nearly 40 years and has an excellent service record.
They will either pay you outright for your gold or allow you to trade for bullion.
Another option for the dealer is to sell scrap gold to a refinery. There are a number of refineries located throughout the world.
Some are more user friendly than others, meaning they are more legit.
If you choose this route be sure to get some references before transacting business with them.
If you are a dealer, with a large amount of scrap gold to sell, you can sell right here on
Gold Beginners advertising platform.
Even though it is not bullion, many investors will buy scrap and trade it to a dealer or refinery for bullion products.
Investors, who are looking for all forms of gold, view our gold for sale ads regularly.
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