Selling your scrap gold and getting the highest price

Once you know the type of gold you own and its weight, you have a starting point to negotiate a price.
Another golden rule for selling your gold is that the potential buyer should test and weigh your gold in front of you.
Refining costs to make pure gold, the risk of a falling market and profit margin add up to smaller payout for your gold.

Jane Morris of Oxford, accompanied her sister as they shopped for the best deal on her scrap gold jewelry.
“Previously, we had gone to a jeweler,” Morris said. They did not weigh it in front of us. When we left there, we did not take their offer.”
after a few days, that decision paid off for them.
When Morris and her sister took the same gold jewelry to a hotel, where a licensed precious metals dealer had set up shop, they got an offer of twice as much for the same gold.
“They did explain everything perfectly to us,” she said. “So we were very pleased.”
The Third Golden Rule for selling gold is: do your homework on the company with whom you are dealing.

More Resources for selling scrap gold:
Guide to selling gold jewelry
Sell Scrap gold and gold coins for the best price

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