How to Sell Gold Bullion in San Francisco

Gold bars

San Francisco is the Bay City for bullion. With the price of gold hitting new highs these days, a market the size of this vast metropolitan area is thirsty for more of the precious metal. It would be profitable to tap that market but it's a big city and it can be confusing as to where to start. Let's examine the available options and outlets for selling your gold in good old San Francisco.

Things You'll Need

• Phone
• Internet access

Instructions

Be bold in order to sell your gold.

1. 

   Contact bullion and coin Shops. Oxbridge Capital, Trader Sam's, Alexander, Don's Village Coins, Federal Precious Metals and Pacific Foreign Exchange are just a few shops where Bullion is bought and sold in San Francisco. Selling to dealers will not get as high of a price as dealing directly with the public, but you won't have to worry as much about how you get paid. Selling to precious metal dealers is a fairly painless ordeal and with many, you can do the business via mail and the internet.

2. Place local online Ads. Place an Ad to sell your bullion on sites such as Craigslist in the San Francisco listings. It is recommended to post photos of your Bullion in detail and include exact weights. To protect yourself, you'll need to stipulate that the buyer's payment has to clear your bank before you ship to them. Also, the bullion shipment should be insured to protect both parties.

3. 

   Place local paper Ads. Try the Sun Reporter, San Francisco Times, Bay Area Reporter or the Economist to name just a few. Obviously this is the old fashioned way, but it gets more exposure for your gold bullion. Provide an email address in your Ad and you'll bring the process in to the modern world.

Tips & Warnings

• Weed out potentially flaky buyers to cut some of the risk out of selling to the general public.

• Never give out information as to where you gold bullion is stored.