Gold has always been a metal that is highly prized. Since it was discovered, people have been interested in gold. Beyond gold's natural beauty, it has also acted as a way to store and accumulate wealth. If you want to buy or sell gold, read these tips.
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quality finance website Stick with a reputable buyer when selling your gold. Get with the Better Business Bureau or check out reviews online if you'd like to learn about someone's business. A buyer with a good reputation will give you good service and an equitable price for the gold you are selling. Do this to protect yourself and your gold investment.
Prior to purchasing a gold item from a seller, you must be certain you have a firm delivery agreement. When the seller doesn't ship immediately, you must get their promise to ship in writing. The date on which you can expect to receive the items should be provided. Don't buy without such a contract.
If you are buying gold as a form of a retirement fund, make sure to buy the right kind. For this to be the case, you must ensure that the IRS approves of that type of gold. That means only 24 karat and only coins or bullion. Try to buy gold bars more than coins, because they are much more valuable.
When you buy some gold jewelry for another person, make sure they have a refund policy. People's tastes are different and you don't know the whether the person will like what you buy. In those cases, you should return the jewelry for a refund.
If you plan to mail your jewelry, be sure that you find out how much the return postage will cost if the price offered you is too low. They may not charge you to send it to them, but they could gouge you to send it back. Be sure you figure out what things will cost before you start mailing off your jewelry.
Anything that contains gold can be sold. Decorations, flatware, broken jewelry, anything you have with real gold content is potentially valuable. An item need not be made purely of gold. It could be gold plated or a bit of gold and still be sold. You'll end up with some money in your pocket.
Before selling you gold through the mail, be sure you know what the procedure is for getting your items back and any costs involved in doing so. Many companies offer free shipping; however, they may charge shipping for returns. Know what this cost is before you mail your items.
Be sure to check the credentials of all gold buyers, jewelry stores and dealers with the Better Business Bureau. You can usually find out about complaints and customer reviews. The key thing to look for is how complaints against the business were resolved. If a business has a lot of customer complaints or unresolved complaints, avoid using them.
Those costume earrings you're holding in your hand may have real gold backs or hoops. Necklace clasps and ring bands are usually real as well. Attempt to sell pieces such as these as a "lot" since those pieces are fairly lightweight. The more you have, the more they will weigh.
You know more about gold after reading this article, and can appreciate its world wide popularity. Gold is not only attractive to wear, but it also makes a solid investment. Print out this article in order to refer back to it when necessary, and get started on the path of gold buying and a good future.
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