Despite reports that gold prices are falling fast from their all-time high reached a few years ago, it appears that it is as lucrative as ever to sell your gold to a reputable gold buyer. In 2013, consumer demand for gold bars, jewelry and coins increased by approximately 26%. However, if you’ve never tried to sell gold coins or sell gold jewelry before, you need to be aware of the risks of the gold market.
Here are some tips to help you sell your gold better:
Look for the best place to sell gold: Ideally, you should sell your gold to a buyer that has licensing in your state and has been approved by the Better Business Bureau (BBB). The best place to sell your gold will be one that has been around for several years and has its own storefront location.
Seek an appraisal: You