Many people who are new to investing in gold or looking to invest in gold usually have the same common questions. One of these questions is where to sell gold coins or bars. The answer to this question depends on if you are looking just to sell your gold or you are looking to try to get the highest price for your gold. If you’re looking just to sell your gold or just looking for a place to sell gold when the time comes; I would recommend selling it back to the business you bought the gold from in the first place. Most businesses that sell gold usually also buy gold, also since you bought it from them chances is that the gold you want to sell will be the kind they buy. This way you will not have to research if a business is interested in buying the kind of gold coins or bars you want to sell.
If you’re looking to get top price for your gold coins or bars you will have to do some research to see what places or sites are offering the highest price. If you do find a site it is important you understand and read the instructions about shipping gold to them. The last thing you want is some misunderstanding and end up inconvenience or worst losing your gold. It is recommended that if you do ship your gold to a company, that you only ship it through Certified Mail. With Certified Mail there will have proof of mailing and proof of delivery. Usually the person will have to sign in order to take possession of Certified Mail.
If you don’t think that any place or site is offering you enough for your gold coins or bars, another option is to sell your gold yourself using an auction site. If you do decide to sell your gold this way it is important that you put a reserve price on any gold you sell. With a reserve price if no one bids up to or higher than your reserve price, you are not obligated to sell your gold. Gold is one of the easiest assets to liquidate and with the right knowledge you will always have an answer to the question, where to sell gold coins or bars.
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1 comment:
Hi,
I like your Blog about selling gold.
If you are ever in the market to sell gold Phoenix, or sell gold in Phoenix Arizona, Southwest Jewelry Buyers can help.
Keep up the great work!
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