Places that buy gold

Learning how to sell gold jewelry and coins that you may own is essentially a two-step process. First, you need to learn about the process of selling gold — from calculating your gold’s value to knowing the selling process. Next, you have to choose which buyer you want to sell to by learning how to weed out buyers that are less than reputable.

Not sure where you should sell your gold? Just read the list below.

Here are the four best places that buy gold that you should sell your gold to:

1. Jewelry stores: Jewelry stores might be the best place to sell gold because their main source of profit doesn’t come from selling gold for melt purposes. Because of this, you can be confident that you’ll get a significantly higher payout for your old gold jewelry than if you sold it to any other gold buyer.

2. Antique traders: If you’re looking to sell gold coins rather than jewelry, an antique shop is your best bet. Because many gold coins have significant historical value, you can earn more selling them based on this rather than their melt value.

3. Better Business Bureau-approved gold buyers: The BBB’s website is probably the best resource you’ll have for choosing a place to sell your gold. There, people who have sold their gold can give reviews of gold buyers and complain about unreputable buyers. If you notice a buyer has a large percentage of negative reviews and complaints, sell your gold elsewhere.

4. Online gold buyers: Many people recommend that you sell your gold to an online buyer because they tend to offer more money in return for your gold. However, as said before, it’s extremely important to make sure you sell your gold to websites that have a positive rating on the BBB website, with few customer complaints. Otherwise, you run the risk of never seeing a check in return for your gold. Check out this site for more.