Thursday, December 22, 2011

Gold Buyers VS Jewelers? Maximize your possession's value!



The economy has seen some rough times in the past few years, leaving many jobless or just barely keeping their heads above the water.
In such dire times, many people turn to selling their valuables, from collectibles to antiques to everyday furniture. The most common and often most lucrative of these items are gold and jewelry.
The gold buyers are perhaps the best method of selling your gold and jewelry directly. Companies such as ours specifically buy gold, silver, diamonds, and antique jewelry from clients. The gold, silver, and other precious metals are usually melted down into scrap, which can then be reused into other pieces of jewelry, coins, or bullion. Diamonds are often just polished and sold or inserted into jewelry.

Secondly, gold buyers will generally give you an amount close to gold’s going price on the market. This is almost always more than you will receive selling your jewelry to retail.
Selling to gold buyers is much easier than other methods, requiring very little legwork from you. After finding the right company to sell your items to, the buyers will send you an envelope with detailed instructions on how to send your merchandise. Most companies reimburse your shipping fees. First time gold sellers should expect quite a bit of money and usually great service if they choose to sell to scrap gold buyers.

Many people will initially consider selling to a local jeweler. While this might be convenient for you, you can’t expect much money from this option. No jeweler will buy a piece of jewelry back for retail price. That’s just how businesses go. If a jeweler bought all the jewelry presented to him at retail price, he would easily go out of business.
Consider how most jewelers obtain their merchandise. They get their jewels, stones, and other items from suppliers, but the jeweler has no obligation to sell them. After so many days, if the jeweler hasn’t sold something, he can return that something to the supplier. The jeweler doesn’t have the same option when it comes to buying from you.However, know that, when it comes to diamond rings, the jewelers are more interested in the stone than the ring. The ring is usually sold for scrap, so if you want to sell any precious metals, it’s a better idea to just sell to gold buyers.

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