How To Avoid A Scam When Selling Gold Jewelry

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With the struggling economy, many people find themselves in need of a bit of extra cash. Selling gold jewelry is one way to get that extra bit of help you may need. There are, however, a few tips to keep in mind to ensure you are selling your gold jewelry to a reputable company, and not to a scam artist.

The first tip to remember when selling gold jewelry is make sure the company you are selling it to is legitimate. There are a few ways to accomplish this task. One is to look carefully for a local street address, and a phone number. Call them, talk to a person. Ask questions. If it is nearby, go visit (if at all possible). At a minimum, drive by the address and make sure it really exists, if there is any way you can.

A second tip to remember when selling gold jewelry is how you are getting it there. Prepaid insured envelopes should be provided. You should not be required to pay for the shipping or insurance. Also, the packaging should include a re sealable pouch for your jewelry, as well as outer packaging that is tear proof, padded, and is not see through. You do not want the postal employees to see or feel exactly what is in the package. While postal theft is very rare, it does happen and there is no need to tempt them with gold jewelry.

A third thing to remember when selling gold jewelry is what will happen if you are not happy with their offer. Guaranteed return of your items within a set number of days if you are not satisfied with their offer should be standard. You need to be completely certain you understand the terms and the process if you want your jewelry returned. Perhaps you will need to call and then send the payment cheque back. If you fail to call first, you could wind up without the payment and without your jewelry.

Remove all precious stones you believe to be valuable before selling gold jewelry. They will not be returned to you, and you will not be paid for them. When selling gold jewelry, it will be purchased from you for the scrap gold price. The refineries do not process any precious stones, and will be unable to determine which one is yours after processing. Remove the valuable stones and sell them to a jeweller before selling gold jewelry.

Check out their website carefully before selling gold jewelry. Look for blogs and other sources that have worked with the company you are considering. Do they have a good reputation? When selling gold jewelry, remember, if you would be uncomfortable sending cash to this company in return for a service; be cautious about selling gold jewelry to them.

Selling gold jewelry can be a good way to find that bit of extra cash you may need. Following these five tips will help ensure you find the best deal when selling gold jewelry.

About the Author:
For more information on how to sell gold jewellery visit the Postal Gold website and turn your gold into cash.



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