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Where does one go to sell GOLD!

V

V00DOO

Diamond Member
I have a 24K gold necklace which I hardly wear. Since gold is almost $900 an ouce I would like to sell it for cash. I know local jewerly stores probably will buy it for a discount and online merchant like cash4gold.com will also buy it, but I like to maximumize my selling price. Where is a good place to sell gold?
 
Originally posted by: nakedfrog
Meet me behind the 7-11 off MLK at 2AM, I'll give you a fair price.
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I'll see you there! I wouldn't trust people from Craigslist. The worse case scenerio is to sell it to a local jewerler and take a discount.

 
With gold prices this high, I wonder if my wife would be adverse to us selling our wedding rings....
 
See if there is a precious metals broker in the area. You'll get a fair price minus their discount, which is usually a reasonable amount.

Remember, the price you're seeing is for pure gold. Your necklace is not pure gold. You may be disappointed.
 
Originally posted by: KLin
Originally posted by: nakedfrog
Meet me behind the 7-11 off MLK at 2AM, I'll give you a fair price.
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By fair price do you mean a switchblade in the spine?
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Certainly not!

...

I can't afford a switchblade, I was just going to bash him in the head with a brick 🙁
 
Originally posted by: cherrytwist
Originally posted by: CPA
With gold prices this high, I wonder if my wife would be adverse to us selling our wedding rings....
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Great idea.

Try it and post results here.

If you survive...
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We already don't wear them. They sit in china cabinet in front our wedding pic.
 
Originally posted by: boomerang
See if there is a precious metals broker in the area. You'll get a fair price minus their discount, which is usually a reasonable amount.

Remember, the price you're seeing is for pure gold. Your necklace is not pure gold. You may be disappointed.
Click to expand...

I thought 24Karat is pure gold.

 
Originally posted by: V00DOO
Originally posted by: boomerang
See if there is a precious metals broker in the area. You'll get a fair price minus their discount, which is usually a reasonable amount.

Remember, the price you're seeing is for pure gold. Your necklace is not pure gold. You may be disappointed.
Click to expand...

I thought 24Karat is pure gold.
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It's 24K gold plated would be my guess. As was said, 24K gold is too soft for jewelry.
 
My grandparents still are gold miners, and in the summer sometimes I will go help them work for a weekend (placer deposits mostly).

We have a local place that buys gold for pretty close to market value, thats where I take any gold that I get. They also buy gold jewelry too, as I would imagine most precious metal brokers would.
 
Originally posted by: V00DOO
I have a 24K gold necklace which I hardly wear. Since gold is almost $900 an ouce I would like to sell it for cash. I know local jewerly stores probably will buy it for a discount and online merchant like cash4gold.com will also buy it, but I like to maximumize my selling price. Where is a good place to sell gold?
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oh yeah.. i can see this thread going PLACES
 
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