Sell Gold Coins in Phoenix

October 13, 2020 By swj-eric

Back to Blog Sell Gold Coins in Phoenix

In the wake of a global pandemic, prioritizing financial security is more important than ever. Not only is the future of our economy largely unknown, but there’s no telling how long until our daily lives go back to “normal.”

What’s more, every industry has been affected by the pandemic. So, regardless of your current job status or position, you may want to focus on growing your nest egg.

To start, consider Selling Gold coins. Since gold will always be in demand, you can be sure that you’ll make a profit. And if you live in the Valley or surrounding areas? You’ll have several options for Selling Gold Coins in Phoenix.

First, Use Caution With Online Gold Buyers, Auction Sites, and Pawn Shops

Before finding a gold buyer in Phoenix, you might consider selling your gold online. But there’s a few things you should know before doing so.

In general, selling gold online is very risky. For example, when you work with an online gold buying company, you have to mail them your gold coins in order to be appraised. This involves placing a lot of faith in the shipping courier, along with paying high fees for insurance and signature confirmation. Plus, when the online gold buyer receives your coins and makes an offer, it’s difficult to know if your pieces were actually appraised by an experienced individual.

It gets even stickier if you turn down the offer. You’ll have to wait for the online gold buyer to (hopefully) return your pieces, which might require processing and shipping fees.

Auction sites, such as eBay, have similar downsides. It’s nearly impossible to confirm if a potential online buyer is knowledgeable in current gold prices. This is a major issue, as inexperienced buyers can’t provide accurate offers for your coins.

Another option is to sell to a pawn shop. If you’ve been decluttering while sheltering-in-place, you may be planning a trip anyway. Leave the gold coins behind, though, because pawn shops never pay what your gold is worth. Remember: They plan to resell your gold, which means they’ll pay a lower price in order to make a profit.

For The Highest Offer, Visit A Local Jewelry Buyer In Person

When it’s time to Sell Your Gold, in-person appraisals by an experienced buyer is the way to go. This allows you to witness the appraisal process, including weighing and testing. And if you decline the offer? You can leave with your coins, instead of hoping a company sends them back.

An in-person transaction also lets you gauge the credibility and trustworthiness of the buyer. In turn, you can have the confidence and peace of mind that you’re entering an honest transaction.

In Phoenix, Sell Gold Coins to Southwest Jewelry Buyers

If you’d like to sell gold coins in the Phoenix area, come see us at Southwest Jewelry Buyers in Scottsdale. With 20 years of experience, we are highly knowledgeable in the current market value of gold.

We’re also dedicated to providing an ethical, professional experience for every customer—so you can skip the risk of low-ball offers, fees, and headaches.

Southwest Jewelry Buyers is located in the Scottsdale Airpark. To schedule an appointment, complete our online form or Contact Us at (480) 773-8004. We look forward to meeting with you!