If you want to sell gold birmingham al because you need money and you have too much of it anyway, then one of the first things you should know is that it’s vital you will sell it to someone how offers you a high price for it. You can consider selling it to the Alabama Gold Refinery, as they are not only going to offer you a great price, but also they have a long lasting reputation in the business. Selling gold you will thus be able to pay some pending bills and increase your liquid wealth. So how to actually sell gold?
Check the credentials of a buyer
Rogue buyers will most of the times try to dupe beginner gold sellers by letting them in on a very high price for it. In this regard, it’s not unusual for them to set up shops and also create ads to lure in people. That is why individuals who want to sell gold will need to first of all check the buyer’s credentials. One way to do this is to go to the local business bureau and check if there are any complaints filed against the gold dealer.
Verifying the gold price
As when buying anything else out there, it’s recommended you will check the gold price at 3 or 4 stores. This way you will be able to compare them and go to the place that allows you to get the most money for your bullions or bars.
Minding the scale
When a dealer or jeweler will weigh the gold, you will need to make sure that you pay close attention to the scales. Yes, we all know that the Department of Weights and Measures monitors the weighing scales periodically, but taking a peek when it actually happens is best for your psychological comfort and wallet.
Being aware of the various measuring units
Mott of the times the gold prices will be depicted in grams, yet there are some buyers and jewelers out there who can use the traditional units for measuring the yellow metal. Jewelers will most of the times measure gold in Troys, where one Troy equals to thirty one point one grams. There are some dealers out there who even use the pennyweight, which is one point five hundred and fifty five grams. Because when selling gold there are a lot of calculations to consider, you will need to keep your calculator close to you.
Have jewelries separated according to karats
It’s recommended that before you will sell a few gold ornaments, to have the jewelries separated based on their karat value. There are some buyers who will sometimes measure everything together and they will determine the price according to the value of the item that has the lowest karats number.
Sometimes you will find that gold items come with a historical value and they will worth way more money than regular gold. If you have such gold pieces, make sure you will sell gold birmingham al in auction houses or auction sites!