Gold Bullion
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Where To Sell Gold Bullion
If you have bought gold as an investment, you may need to know where to sell gold bullion. More caution is required if you plan to sell gold bullion by mail than if, for example, you were sending in a gold chain. The amount of money is usually far greater for those who sell gold bullion, so one of the first things you need to look at is how much your shipment will be insured for. Many companies limit this to $100 (Silver and Gold Exchange insures your shipment for up to $5,000) which is seldom enough for anyone who is seeking to sell gold bullion.
You also need to make sure you are dealing with a reputable dealer. Unfortunately, there are many rip-off artists out there, so you need to check their record of complaints with the Better Business Bureau and the Federal Trade Commission. Many of these companies have literally hundreds of complaints. (Silver and Gold Exchange has never had one single complaint lodged against it, and is a Better Business Bureau Accredited Business.)
Next, evaluate the price each dealer is offering. Some post out-dated prices on their website, so it is best, especially if you are going to sell gold bullion, to check the price over a period of several days. If it never changes, you can be confident that this is not the price you will receive if you sell gold bullion to them. (Silver and Gold Exchange uses a “live” price board, which is continuously updated as long as the market is open.) You will find a wide range of prices, and if you are selling items you purchased for investment purposes, you naturally want to find the best price before you sell gold bullion to anyone. Even a cursory check with local sources will tell you that you can seldom obtain the best price locally when it is time to sell gold bullion.
See what the terms are if you offer to sell gold bullion to a company and do not like the price offered. Some companies just receive your order and mail you a check. Then, if you do not like the offer, you have a limited amount of time to respond and retrieve your items, usually at your own expense. Silver and Gold Exchange does not operate in this manner. When you offer to sell gold bullion to them, they email you an offer. If you don’t want to accept, they pay the cost to return your order to you.
Some companies may not let you include other items when you sell gold bullion, or may not even accept things like broken jewelry or Gold Coins. This means that you have to find one dealer to sell gold bullion to and another for your jewelry. Silver and Gold Exchange has a long list of everything they buy on their website, but it encompasses virtually all gold, except items that are gold plated or gold filled, so you can sell gold bullion to them and also include all of your other gold or silver items in the same shipment.
Silver and Gold Exchange is an excellent place to sell gold bullion and any other precious metals you might have. One visit to their website and a quick review of their credentials can convince you that they are the best place to sell gold bullion.
About the Author
Lilian Potchouli has been a gold investor for over 20 years. When it came time to sell some items, she did extensive research in the gold buying companies to find out who was legitimate, reputable, and not scammer of buying gold. After much investigating she found the Silver And Gold Exchange. She can highly recommend them. http://SilverAndGoldExchange.com
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