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How to Get an Honest Valuation and Get the Best Price for Your Gold

Getting the Best Valuation for Your Gold

A lot of us often have gold jewellery or other pieces which we no longer wear or use, and you can use this to get some quick cash in your pocket if you need to. However, before you sell your gold, it is important to know how much it is worth, which means you will have to get a valuation first. Many companies are offering to value your gold, but it is always advised to shop around, to get the best deal.

Check Out the Market Price of GoldThe price of gold changes everyday; so before

you sell your gold, it is recommended to look at the market and see what is happening, whether the price is going up or down.

When you are selling gold jewellery, you will be offered the scrap value of the gold, which is usually considerably less than you paid for the item. Jewellers will often put up a high mark-up on items of jewellery before selling them to the public. Find out the scrap value of gold before looking to sell.

Scrap Value

To find a reputable buyer for your gold, you should take a look online at the local dealers in your area. Avoid the companies that advertise on TV offering cash for gold, as they will give you a very low price.

Research on the Internet

In this digital age that we live in, it is often easy to snoop around a company and find out information on them. With a bit of searching, you will be able to find both good and bad reviews on different companies that will assist you in making a decision. You often find that the most trusted dealers like Gold Buyers Melbourne will have excellent reviews all over the internet.

Look at Reputations

These types of platforms are also good ways to get information on a company, as unhappy customers are often likely to vent their frustration using social media. A lot of businesses will have problems now and then, no matter what industry they are in, but it is how they deal with the issue at hand that is important.

Forums and Social Media

When you have narrowed your search down to 3 or 4 companies, you will want to speak to each one in turn and see if you can just turn up, or if you need an appointment. If you need to, arrange an appointment and take the gold that you are selling to each company for valuation.

Arrange an Appointment

Never trust a business that is not willing to test and weigh your gold in front of you, there is often a reason that they wish to do this. Allow the company to check the gold in your presence, and then let them weigh it using digital scales.

Keep an Eye on It

When you have had your valuation from each company, you have two choices left open to you. Firstly, you can accept one of the offers and sell your gold to the company that offered you the best price. Secondly, you can haggle and hold the businesses that provide a price match promise, to their word.

Receiving Your Valuation

The best way to get the maximum amount of cash for your gold is to shop around. Never accept the first offer that you are given, and play companies against each other. Take your time and speak to as many companies as you can. Doing all of the legwork now will mean you know where to come straight away next time!

Shopping Around is Key

Visit our websitewww.goldbuyersmelbourne.com.au

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You can also call us on Free Call: 1800 224 653

Visit our store at Level 11, Suite 1102 / 227 Collins St,

Melbourne 3000