Second Hand Gold Buyers San Francisco

Finding second hand gold buyers is easy, the hard part is finding one that will give you a decent amount of money for the items that you have.  It is important to remember that they will still be selling that gold again and are looking to make a profit, but with that said, you should still be able to get a decent percentage of what your gold is worth.

The first thing you should do is come to terms with the fact that you will not be getting the value of the item when you sell it.  The price that was originally paid is not what it is worth to the buyer.  Even when they sell it they will not be able to get its true value, so knowing this before you begin your search is essential or else you will feel that everyone that you come across is trying to rip you off.  The fact is that is just how the business works.

Many people going into this process feeling that their prized pieces of jewelry are worth a great deal because of what they or their family members had paid for it, but really, what was paid was actually the retail price of the item.  In that scenario there were multiple people before the retailer that also made a profit off of it, so what it is worth in the resale world is substantially less than what was paid.  If the piece has sentimental value or is something that you find to be extremely beautiful, it is probably best to keep it instead of looking for second hand gold buyers, who will only leaving you feeling insulted.

Once you are sure that you are really ready to part with the gold pieces for less than what was paid for them you can begin your search for the best buyers out there.  There are some that are completely scrupulous and will try to trick you into to selling it for far less than what you can get for it.  Due to this it is imperative that you take your time and do some research before you pick the company that you feel will give you the most money for your gold.

The first step is to compile a list of gold buyers that are local to you.  You can easily search for them online and get a wealth of results at the click of the button.  Beware, however as these searches will likely include companies that will ask you to send them your gold.  Stay far away from these businesses.  They will all claim to give you top dollar for your gold, but in reality they are looking to have your gold in their possession so that they can pay you as little as they want.  Only do business with companies that you can interact with face to face to ensure that they will stick by any promises that they make to you.

Once you have a comprehensive list of local companies you will want to take the time to see what other consumers have to say about them.  Reviews can be found on sites like yelp and other sites that specialize in giving consumers a forum to share their experience with a business.  Read through the reviews, don’t just look at their rating.  If there are hundreds of reviews a rating can mask some serious problems that may occur on a relatively frequent basis.  It is also a good idea to check with the BBB to see how the business stands with them.

Once you have read the reviews and have narrowed your list down to a few companies that seem fair and legitimate you should give them a call and ask what their process is like.  Most will tell you that they can not give you an estimate over the phone, which is true.  If they claim to be able to give you a number they are likely not a company you want to work with.  That is just a tactic to get you in the door and then talk down what they had previously told you.

You should ask what they pay per ounce for each type of gold.  Depending on how many carats the gold is, the value will vary.  What they pay per ounce will tell you which company is willing to give you the most for your gold.  The difference may only be pennies, but if you have a great deal of gold that can add up.  You should, however, consider what your travel costs would be, especially if you only have a small or moderate amount of gold to sell.

Once you have decided on a company you want to be sure that you know that weight of your various types of gold before hand.  Some companies can seem legitimate, only to try and rip you off by understating the weight.  If that happens you need to walk right out the door.  Also be sure to share your experience so others are not taken advantage of.  The same is true if they quoted a rate per ounce and change it when you try to do business with them.

As long as you follow the tips above you should be able to find the best second hand gold buyers in your area and pick the one that is best for you.  Be sure to do your homework so that you can have the most positive experience possible.