Jewelry for the Holidays

Are you preparing to sell some scrap gold to a buyer for cash? Here are a few things you should do before making a deal.

Ask for a Complete List of Acceptable Items

One of the first things you should do before selling your scrap gold for cash is to ask the gold buyer that you're working with for a complete list of items that they accept and will pay for. You may only have one or two pieces of gold in mind to sell. But after checking the list of acceptable items you receive from the scrap gold buyer you're working with you might realize that you have other items of interest that can be sold for extra cash.

For example, many scrap gold buyers accept things like gold dental crowns and teeth and other items that you might not even think about making money from. Other things your buyer might accept include gold nuggets, watches, Hawaiian tokens, designer bags adorned in gold, and even vintage fold flutes. You may find that you can double or even triple your profits by finding other things to sell after inspecting the list you get from your buyer.

Prepare for the Initial Appraisal

You likely will not receive a cash offer for any of your scrap gold until your buyer has an opportunity to appraise each item you want to sell. Therefore, expect the buyer to want to see your items in person so that they can accurately place a value on each item and make you a cash offer. To prepare for the appraisal, spend a little time cleaning your scrap gold up so that it isn't riddled with dirt.

If you plan to sell gold jewelry it is a good idea to remove any gems, leather pieces, and other embellishments that a gold buyer doesn't have an interest in. You can sell the embellishments to other types of buyers or a pawn shop. Doing these things will make it easier for the scrap gold buyer you're working with to properly appraise your items.

Request an Accurate Turnaround Time

Before taking your items in mailing them to your gold buyer, it is important to find out what the turnaround time is for getting paid. Many buyers will pay you with cash as soon as you agree to the sale terms that are offered to you. Others will ask you to wait for a check in the mail or a deposit to your bank account. So, how long can you expect to wait to get paid? Finding out beforehand can help you avoid stress and disappointment. If you aren't happy with a buyer's turnaround time, you can find another buyer that will meet your needs and expectations.

For more information, contact scrap gold buyers near you.