Many people want to Sell Gold in Tarrytown, NY to make some extra cash. Though gold is in demand, you shouldn’t expect to get the full per-ounce market value; you will get a percentage of its scrap value instead. Gold comes in varying degrees of purity; 24 karat gold is the purest and most valuable. By visiting you can sell your gold as listed below.
Mail-In Gold Buyers
Slick advertising and the appeal of quick cash has drawn in countless sellers. It seems simple enough; you send your gold, and the company mails you a check. There are many companies offering mail-in gold selling services–they are easy to use, but you’ll pay a steep price for the convenience. According to Consumer Reports, you’re likely to get only about 30% of your gold’s meltdown value.
When selling your gold to a mail-in buyer, you’re making certain tradeoffs. True, the buyers you see on TV offer a service, but at a very high rate. These companies spend a significant amount on advertising, and that’s one of the reasons why your payout is lower than with other options.
Selling Your Gold to a Jeweler
It seems as if everyone is getting into the gold-buying act these days, and sellers usually don’t have a problem finding a shop to buy their gold. When you visit a shop to sell gold in Tarrytown, NY, you will get more for your money–in many cases, up to 70% of the value of the gold. If your jewelry is finely crafted, you may get a premium price, as opposed to a percentage of the scrap value of the gold.
Despite the many benefits of selling gold to a shop, there are some drawbacks to consider. Many shops are coming to realize that they can get away with offering lower prices, because most customers aren’t educated on the gold-selling process. If a dealer’s offer is good for that day only, walk away. After all, they’ll still want to buy your gold tomorrow! If you’re planning to visit multiple shops, try to do it all in one trip, because gold prices fluctuate from day to day.
