How to Tell If a Cash for Gold Business is Legitimate

Do you have gold jewelry to sell? Are you curious as to whether a cash for gold business is legitimate? If I send my gold through the mail, will I ever see it again? Trying to figure out if a business is reputable and honest requires doing a little bit of homework. Here's how to tell the real companies from the scammers:

Instructions

1. Research cash for gold jewelry online. The internet should be your first source of information about selling gold for cash. Pay special attention to websites with testimonials. Do the customers sound real when talking about karats?

2. Write a letter to a cash for gold company. Explain that you are interested in selling your gold jewelry, but you want to get more information about their business and how it works. A legitimate business will write you back.

3. Check with friends and family who have sold gold jewelry. Oftentimes, your close relatives have already suffered the pain of being scammed by a cash for gold business. Why reinvent the wheel? Use a cash for gold business with a solid reputation.

4. Develop a knack for evaluating gold jewelry yourself. The easiest way to avoid being ripped off is to know your own merchandise. Study, study and study some more. Learn the different types of gold terminology.

5. Ask a professional jewelry appraiser to assess your gold jewelry. Explain the history of the gold rings, gold necklaces and gold bracelets. Provide a receipt if you can to make your argument stronger.

6. Make a list of all your gold jewelry and write notes next to each one. Write down a description, including the karats and weight. Make a copy of this list and keep it in a safe place.

7. Create a cash for gold journal to keep track of all the places you have visited. In order to compare quotes you need to have an organized system for retrieving information about the cash for gold quotes.

8. Join a group of people who go to cash for gold parties. You can learn a lot about your jewelry when you visit these parties.

9. Print all emails that you receive about your gold jewelry. Always have a hard copy of cash for gold estimates.

10. Evaluate your situation regularly. Do you know enough about cash for gold? Are you dealing with a company that you trust 100%? By doing a little research you can make selling you gold a positive experience.