How To Sell Scrap Gold and Silver For top Dollar

One thing you always have to know is many dealers out there got into buying Gold once the recession hist and they began to scrounge for money after losing their jobs. Many of the Gold Buyers you see on TV,  Online, and News Papers used to have other jobs, when the economy went sour they picked up the next best thing. These people need to make a living and they are going to make it off you! Be careful who you sell to and be sure that gold buying is not their sole business.  Stores who only purchase need to make money as well and they will make it by paying you extremely low!

Look for a reputable company preferably one who is local and is out for the betterment of the community. A company who stands for honesty and integrity and will let you know how much your getting and what percentage you are receiving. If you walk into a used car lot the sales man can tell you there is a brand new engine under the hood but if you don’t know cars you will never know the difference.  You want to go to a Jeweler who will educate you and show you exactly how he tests the purity and comes up with the valuation of your merchandise.

Dead give away signs that you are about to be ripped off.

  • The individual evaluating your Jewelry is behind a glass or counter and there is no way of seeing the scale and your stuck believing it weighs what he tells you.
  • Make sure the scale that the Jeweler is using is in plain view.
  • Make sure he is licensed there should be a certificate by the local Police dpt. stating that this individual is approved to buy precious metals. If you sell to someone who is not licensed you can get in trouble as well as the purchaser.
  • Be certain that  the individual explains to you exactly how the acids work and how they show the  purity differences of the Gold.

At Garden State Jewelers our main objective is to educate you as to how we valuate your precious metals and stones. It’s very simple whether you sell to us or not the most important thing to us is that you are educated. When you walk out of out store you will never buy a fake piece of Jewelry again. If you have old costume jewelery in good condition we collect it and it is distributed to reputable organizations. It is given  to orphanages and hospitals for children who can’t afford jewelry of their own. We can be found online at www.easytosellgold.com if you have any questions or comments please don’t hesitate to contact us.

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