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Ways To Turn Your Gold Into Cash

It is now easier than ever to get cash for precious metals like silver

, platinum and gold. Several ways of turning these commodities into cash are available to the average person.

The fastest and easiest way to get extra fund from such materials is to use an online buyer. There are a number of different online services that will pay you for these items. The trick is finding the one that pays the best price.

What an Online Buyer Should Do For You

An online buyer should guarantee to pay you the highest prices. It should also be working with an established and accredited broker and jeweler in a location like New York. In New York such companies are licensed by the state and the equipment that they use is certified by the state agencies.


More importantly the buyer should pay you within 24 hours of receiving the items. They should offer you a check, a direct deposit of electronic funds into your account or payment via Paypal. Such a service should also agree to send the things back if you don't like the price.

The online service should also agree to pay for shipping of the items sent in via FedEx. This means that the items will be insured so the sender takes no risk.

Such a service can enable people who don't live near a large city or a buyer to get a good price for their precious metals. It also means that you don't have to take time off of work to get extra money from items.

Among the items that these services will purchase are jewelry, coins, ingots, chains, gemstones, watches, medallions, medals and other item that you think is made of a material like silver, gold or platinum. These companies should purchase any grade of these metals but they will give you less money for lower karat gold.

Gold Parties

Another good means of raising money for a family, an individual, a charity or organization like a school or a church is a gold party. This is a gathering of friends, family and others who bring their valuables.

The party is hosted by a buyer that will provide an appraiser. The appraiser will look over the things people bring and pay them cash. The organization or individual hosting the party will get a percentage of the proceeds of the event

Such an event is a great way to help neighbors and friends in a time of economic distress. It's also a good way to raise money for any sort of organization including schools, churches, synagogues, mosques, sports leagues and charities.

These parties will enable pay to sell any valuable that can be sold at a store. They are also a lot of fun and some the buyers that sponsor them will even provide the food and the drinks.

by: Karen Simpson
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