Whether you need some extra money for Christmas shopping or just looking to part with some old gold that is no longer useful, there are many benefits of selling gold in today’s market. Gold prices are increasing, and selling it is a great way to make some extra money around the holidays.
However, there are some things you should know to make sure you get the most out of your transaction. Unfortunately, there are dealers and organizations that make thousands or even millions by cheating customers and buying their gold at unfair prices. If you are looking to sell gold in Scottsdale, Arizona, here are a few things you should know:
To properly sell your gold and get the most out of it, you first need to know what you are selling. This doesn’t mean you must know the entire history of every piece of gold, but it is important to have a good idea of what you’re selling. If possible, separate it by type—jewelry, coins, scrap gold, fillings, watches, and karat.
While this step is generally used solely for insurance purposes, an appraisal does go a long way in helping you know what you have. It may not be necessary in every case, but it is important if you believe your gold is very valuable. This can cost some sellers more upfront, but the best dealers will offer a free, no obligation appraisal before purchasing. Just remember, appraisals will not determine the resale value of your piece.
The law requires sellers to present a valid ID to sell gold in Arizona. This is to prevent the unlawful buying or selling of stolen goods.
This may sound difficult if you are not familiar with the gold and jewelry market in your area, but you can find all the information you need online. Check reviews and websites to make sure the dealer is reputable. Checking with the Better Business Bureau is also important.
If you use these easy steps, you are ready to sell gold! At Southwest Jewelry Buyers, we provide the highest, top-dollar amount in Scottsdale and across the valley. We purchase gold of any type and quantity through a simple, straightforward process. We also offer an on-the-spot appraisal with a no obligation quote. We have an A+ rating with the Better Business Bureau because of the honest and ethical way we deal with our customers, and we will ensure you get the most out of your gold and your experience in selling it.