How to Sell Gold Jewelry Through the Mail
It’s likely you’ve seen ads on television and the Internet about companies who want to buy your gold jewelry through the mail. It sounds very easy to send them gold jewelry that you no longer want and receive a nice check for it. Before choosing a company to whom you will sell your gold jewelry through the mail, you should first visit their website to that ensure you are dealing with a reputable organization.
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Instructions
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Is the company a member in good standing of the Better Business Bureau? Membership in the BBB does not mean the company has never had a complaint. What it does mean, however, is that if any complaints have been filed, they have been satisfactorily handled. Most members will proudly display their BBB badge on their website, but to be certain of their standing, search for the business name at bbb.org.
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How much will you be paid? Of course you can't be given a price for your gold jewelry sight unseen, but you should be able to find a regularly updated schedule showing the current price they pay for gold.
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Who pays for shipping? Typically once you have filled out a short online form that asks for basic information such as name, address and age, a pre-paid mailer will be shipped to you. Some companies, however, may ask you to ship your jewelry at your own expense.
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What happens if your gold jewelry is lost in the mail? Is the pre-paid mailer insured and if so, for how much? You'll want to be certain that if your items are lost in the mail you will be adequately compensated.
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Once they have your gold jewelry, you should receive a check in a very short amount of time. Some companies say you can expect your money in as little as one day after they receive the shipment. But what if the check isn't as big as you were hoping? What if you want to get your jewelry back? A reputable company should allow you to return the check to them within a certain period of time and they will return your gold jewelry. Check the terms of service for their return details.
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Tips & Warnings
If you believe your gold jewelry is worth more than $100, you may be better off selling it in a more traditional way. Companies who buy your gold jewelry online consider it liquidation and may not pay top dollar.
As Seen on TV does not mean one company is any more legitimate than the next.
Weighing a piece of gold jewelry at home before mailing won't help you determine the price you'll be paid as other metals are used in the creation of gold jewelry to make it harder.
