5 Things You Need to Know About Selling Gold

Posted: 06/29/12 12:00 PM (Modified: 06/29/12 5:00 PM)

Since it is Summer, many of us are trying to find the extra money to go on vacation. Well, that means this is a GREAT time to sell gold for extra cash. Before you think, "I don't have any gold to sell!" check out this article 10 Things You Can Sell Right Now for Cash.

I've told you about my experiences in the past and if you've been on our site long enough, you have also heard about the great selling experiences from our readers too. Gold dealers are popping up all over the place so it is important that you are informed before you sell. Check out these tips below before you join in the gold rush:

{5 Things You Need to Know Before Selling Gold}

1. Who's Your Dealer? Check the Better Business Bureau before you cash in your gold. Find out the rating of the business you're dealing with and read what other customers have to say. Clearly, if the business you are thinking about selling to has a "F" rating then you need to take your gold somewhere else.

2. How Much Do They Pay? One of the best things about WeAreGoldBuyers.com is that they publish what they actually PAY. This means, they're not just telling you what the price of gold is, you can also go online and find out what you'll walk out with (provided you know what kind of gold you are selling). There's no secret. Before you sell, find out what they're actually paying, you might be shocked.

3. Do they work on commission? We all know commission can change everything. You don't want to be talked into selling when the price isn't right. Do your homework before you sell and try to find a business without a commission structure.

4. Find the Feedback: What are their customers saying? This is what is so amazing about social media, you can easily hop onto any business fan page or follow their tweets to find out what other people are saying. Obviously, every business will get a bad review every once in awhile but if you find a page full then you know to steer clear!

5. Check for Insurance: If you are mailing your gold in for an evaluation, make sure the kit is insured. Again, WeAreGoldBuyers.com insures their kits for up to $5,000 so you know your items are safe! Before you mail off your gold and silver, make sure to do the things above first. Putting your valuables in the mail risky and you must make sure the company has your best interest at heart.

Personally, I trust WeAreGoldBuyers.com (locally Tulsa Gold & Gems at 91st & Yale). I have used them multiple times and my family has as well. They pay the highest in the nation, they insure they're gold kits (via Fedexl) for $5,000 and if you do choose to go into the store locally, you'll find it's safe and secure.

Selling gold is a great way to make extra cash, it funded our family vacation last Summer! Visit WeAreGoldBuyers.com for more information. You can visit Tulsa Gold & Gems on Facebook and find out what their customers have to say!

Disclosure: This post is sponsored by Tulsa Gold & Gems however, my opinions of their awesomeness are my own. :)

Check out the video below for more rockin' tips from Tulsa Gold & Gems!

 

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