How to sell our gold items in total safety

Posted by Cash for Your Gold
6
Aug 16, 2020
565 Views

Those who sell used gold are well aware that one of the major obstacles to the operation is the distrust of those who decide to sell their valuables.

 

This is due to a lack of information about the possibility of selling gold in total safety , without any risk of fraud, deception or improbable quotation, simply by adopting some universal rules of conduct.

 

Selling used gold: the basics

 

The sale of used gold , first of all, is a commercial exercise between private individuals and merchants regulated by law, which therefore obliges each point of sale to follow certain rules such as registering with a specific register , exhibiting prices to the public, providing traceability documentation, etc.

 

Bumping into merchants who fail to observe these basic rules is already in itself a protection in favor of different choices regarding the Cashforyourgold to which we will decide to rely.


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Selling gold is also not like selling any other second-hand object: the precious yellow metal has a very precise price established internationally twice a day. When we intend to sell our jewels it will therefore be advisable to inform us first on the reference portals (or directly at the points of sale), to know how much the used gold we intend to sell is worth at that precise moment.

 

It should be borne in mind that the value in euro of the gold used refers to two types of gold: the pure one at 24 Kt and the one at 18 Kt . The latter, in principle, is the commercial one, that is used for any jewel we own at home.

 

How to move in a gold shop

 

Very often we ask ourselves how a gold purchase works , that is, what are the buying and selling phases to face when we decide to sell our precious.

 

The operation is actually quite simple:

 

once we choose the jewelry store where to sell the gold we own, we will first have to verify the display of the aforementioned updated precious metals market values.

 

Secondly, by exhibiting our jewels , the latter will be verified by the operator using the methods he deems appropriate (magnifying glass, chemical reaction, etc.).

 

Once the entity of the material has been ascertained, we will proceed with the weighing . As we know, in fact, sell gold is quoted by the gram , and its weight multiplied by the quotation of the day.

 

The weighing phase is fundamental: the point of sale can adopt two types of scales, the analogue and the digital one .

 

It is suggested to always prefer a digital scale , for some specific characteristics: the display that clearly shows the weight also to the consumer on the other side of the counter, the impossibility of altering the scales of the scale and greater accuracy of the measurement in general.

 

Keep in mind that a Cashforyourgoldscale must ALWAYS bear a green stamp with a valid expiry date, which serves as an identification of the product checked and verified in its integrity and functionality by the competent authorities.

 

Be wary of those who do not show this sticker.

 

Once the weighing has been clarified, an economic proposal will be formulated that will take into account a small decrease compared to the original price (this is normal, especially since the operator will have to calculate the costs of processing and reconditioning the gold to put it back on sale ).

 

Sometimes you may come across unnaturally convenient and higher prices . Generally this happens in case of exchange of the object in exchange for the purchase of a new jewel in the store.

 

The higher prices are not necessarily a scam, but should be evaluated only if you are ready to consider, instead of a sale, a used gold exchange with a new jewel.


Read also:  HOW TO SELL AND BUY GOLD AT THE BEST PRICE

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