How To Sell Raw Gold

how to sell raw goldOne of the more commons ways to sell your raw gold is by using a local cash for gold dealer or pawnshop. Even though this will be the fastest way to sell raw gold, it likely won’t earn you the return that you were looking for.  Many cash for gold stores and pawnshops need to make very low offer in order to make a profit. Because of this, most feel the better option for selling raw gold is to use an online gold buyer.  These online gold buyers enable you to easily mail in your raw gold and wait to hear back from the buyer with their offer. Those are two of the ways on how to sell raw gold, and you can find more about the process below.

Where To Sell Raw Gold – Finding A Buyer

Luckily, most gold buyers will purchase any types of gold as long as they feel that can make a profit from it. So it does not matter if you have raw gold, broken jewelry, or just some old scrap gold. I mentioned that you could use online gold buyers as an option, so you will need to decide on whether or not you want to sell locally. Keep in mind, local buyers will offer less money, but you will be able to get money in that same day. Narrow down your search by deciding on a type of gold buyer, and looking at reviews to find the best gold buyers.

Selling Raw Gold

Again, the process is no different because you are selling raw gold as opposed to gold jewelry. If you sell locally, be prepared to negotiate a price. By having a good understanding of how gold is valued, you will be able to better negotiate and know if you are receiving a fair price. With online diamond buyers, they take the approach of offering a non-negotiable valuation that is higher to speed up the process and satisfy more customers so that they return in the future. Be sure to try to estimate the price of your raw gold before selling.

Those are two things to consider when selling raw gold, and after that you will just need to collect your money. Be sure to remember that many of the gold buyers also purchase gemstones, and you can even sell diamonds online. Raw gold is one item that many people find themselves selling in order to make some extra cash. Just be sure to understand as much as you can about the process and your gold item to help you earn the most cash for gold.