Selling Precious Metals
Since gold has gone over $1300 per ounce and everybody has decided to start buying, I feel people should be better informed of what they are doing when they go to sell their precious metals. As a gold buyer prior to this rush, I am tired of hearing stories of people blindly selling their gold for next to nothing and buyers taking advantage of people’s lack of knowledge. This results in the seller loosing money when they could have had substantially more. As a result I decided its time to enlighten you, the seller. When you first decide you are going to sell your precious metals. Go through and divide up what you have by gold karat weight, sterling, or platinum. If you have things that you are not sure of the marks etc. put those in a separate bag for testing that can be done by a reputable dealer. If you have a scale weigh them out so you have an idea of what your gold weighs. Grant it that your scale may be off but a precious metal dealer will use scales that have been calibrated f