Top 8 Places to Sell Gold for Good Profit
Gold is one of the world’s most precious metals assets. Several establishments/platforms deal with the purchase of gold. I will be covering 8 of these secured platforms where you can sell gold and be sure of good profit.
Top 8 Places to Sell Gold for Good Profit
1. Cash for Gold USA
This is one of the oldest websites for purchasing gold in the United States. Cash for Gold USA has a simple, user-friendly interface that has a calculator to help you estimate the selling amount of your gold.
Payments are received via check, bank transfer, or PayPal within 24 hours after the gold gets to them.
2. APMEX
APMEX not only sells gold but buys them as well. They accept a minimum purchase of $1000 worth of gold and other precious stones. They guaranteed 100% customer satisfaction and have a 4.9 rating on Shoppers Approved.
3. Liberty Gold and Silver
Based in Portland, Liberty Gold, and Silver deal not only with gold and silver but also with platinum, palladium, and more. They offer a $1,000 shipping insurance that is open to all clients.
Payments are made by check or bank transfer. This is also one of the easiest places to sell gold.
4. Express Gold Cash
To ship your gold, The Express Gold Cash Company will send you a prepaid FedEx shipping box that’s insured up to a maximum of $5,000.
Once your gold arrives, they will send you an offer, which you can accept or decline. If you accept, payments will be made within 24 hours of your acceptance.
5. Luriya
Based in Manhattan, New York, Luriya accepts sales through males or in person at its stores. They offer shipping insurance of about $1,000 for those who want to sell large qualities of gold.
6. SellYourGold.com
The sixth on our list of places to sell gold is SellYourGold.com. They also send a free FedEx ticket that you can use in shipping your gold to them. Payments are also received within 24 hours of the gold’s arrival.
7. Pawn Shops
Last not forget about Pawn Shops; they have been long-lasting locations to sell gold or other precious artifacts. However, they are not equipped to accurately measure the purity of gold so you might get less for your gold that’s worth more.
8. Local Precious Metals Dealers
Last on our list of places to sell gold are local dealers. They are similar to pawn shops; however, most dealers don’t have shops but are well experience in testing the true worth of gold. With a reputable dealer, you have a good chance of making a good profit from your sale.
Frequently Asked Questions
Who pays the most online for gold?
Cash for Gold USA is able to pay much more than 99% of online gold buyers
Is it better to sell gold to a jeweler or pawn shop?
On average, our customers say pawn shops offer to pay anywhere from 20%-70% of the value of your items. Jewelers offer to pay anywhere from 40%-75%. And precious metal buyers (like us), pay anywhere from 55%-95%. You can see those percentages overlap a bit, but the spread for pawn shops is concerning.
What is the easiest gold to sell?
Gold bullion is the easiest type of gold to sell as it is already in the form that can then be sold on; it doesn’t need to be melted down. Because it is in an easy-to-use format, it also means that you will get the highest value possible for the gold.
Which company is best to sell gold?
Muthoot Gold Point is the best company to sell gold.
Conclusion
These are some of the best places to sell gold. Asides from pawn shops, you are sure to get a good profit from selling your gold on other platforms.
