Common Mistakes You Should Avoid When You Want To Sell Gold Jewellery

Selling gold jewellery is not a problem

Selling gold jewellery is not a problem. The only reason many people don't get to sell their jewellery for a good price or get good buyers is because they make some mistakes. If those mistakes are attended to, then there should not be any problems with selling the gold jewellery. If you have not been able to sell your gold jewellery in spite of repeated attempts, you are making a few mistakes.

Not Taking Proper Care of the Gold:

The first of these mistakes is not taking proper care of your gold. Whether you like it or not, no one wants to get the feeling that the gold they are about to buy could be probably infected as a result of skin infections. So, you ought to take good care of that gold. If you have to wipe it with a disinfectant before selling, please do.

Unless your gold is the fairly huge type, like those worn by rap artistes, you should make an effort to take good care of it by consistently cleaning it with a jewellery - cleansing solution meant for your kind of jewellery. Avoid using just about any cleaning solution for your jewellery. This will help it stay clean and look new.

Not Carrying Out an Appraisal:

Some people are fond of doing this; and then they wonder why they are not able to sell. The truth is a good appraisal will always give you an idea of how much you should sell the gold for. Most people make the mistake of thinking that if they bought the gold at a certain price, they should sell it for just 10 percent or 20 percent less. This is the wrong way to price your gold and you are not likely to get any buyers. Instead send the gold in for an appraisal, ask the appraiser how much you can expect to sell it for and do so accordingly.

Not Getting Different Opinions:

In line with the second mistake, if you do not get quotes from different sellers and buyers you are not likely to get a good deal for the gold. You may end up selling too low or pricing too high and therefore not get any buyers. What you should do to get varied opinions is contact gold dealers and ask them how much they would buy your gold for. Also, contact pawn shop owners and see what they say. Compare all the opinions you get with what the appraiser said and you will have a good indication of what you should be selling it for.

Hurrying to Sell:

There are lots of companies advertising that they can buy your gold for a top dollar, only to send you pennies after they get the gold. Do not hurry to sell the gold no matter what. Take your time to carry out your inquiries. After all, the gold is still going to get sold; it may just take longer.

Avoid all of these mistakes and you will do fine when you want to sell your gold jewellery

by: Lawrence White

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