Begin searching for possible buyers. A good place to start
is with a trade organization such as Jewelers of America. These groups often
require their members to abide to strict ethical and professional standards,
increasing your chances of finding a reputable buyer.
You will often find buyers at:
-Jewelry and antique shops: They may be able to resell or
modify the item you have to offer. If your gold jewelry or trinket is in good
condition, you might get the best profit by selling to an established shop.
-Auction site: Sites such as eBay are popular for selling
gold and various other products. The downside to auctions is that your profit
could end up being lower than anticipated, depending on who sees your item up
for bid.
- Newspaper or online ads: Place a blurb about your sale in
an ad or on a forum. Collectors regularly check print and online media in hopes
of finding good deals.
- Gold scrap buyers: Find them on Google. They’ll buy almost
anything from you that contain any amount of quality gold. This option is best
if your gold items are damaged or in no condition to sell.
Once you’ve researched some buyers, it’s time to hunt for a
deal.
Last step: profit!
Complete the transaction, and reap the rewards.
Selling gold is easy and, honestly, somewhat fun. It’s
profitable too. How else can you make hundreds of dollars simply by clearing
out trinkets from the back of the closet?
