Do you need cash and have some gold lying around your home? Read on to find out how and where to sell gold near me.
The price of gold may fluctuate, but you should always know your gold and the market well.
In this article, we’ll provide an overview of how to find and select the best gold dealer buying gold, appraise your gold coin, gold bars, gold jewelry, or gold bullion, and get the best price.
13 Places Where Can I Sell Gold Near Me & Online
If you want to cash in on your gold jewelry, you might wonder where the best place to sell is. After all, there are many options, and you want to get the best possible price for anywhere between 14k to 24 karat of your gold valuables.
While there’s no one-size-fits-all answer to this question, you should consider a few factors before making a sale, such as the current gold price and the condition of your gold piece, including condition, weight in grams, fineness, carats, and market demand.
Have a look at 13 of the best places to sell gold.
1. Pawn Shops
Selling gold to pawn shops is one of the smartest things you can do when you’re in a bind and need money now. Pawn shops can give you more money for your gold than small jewelry stores, which are also much more convenient.
You can find a pawn shop by searching for “sell gold near me” online. Once you have found a few different options, take the time to read reviews and compare prices.
When you have found a pawn shop that you feel comfortable with, bring in your gold and get ready to haggle!
After an appraisal, pawn shops typically offer 30-50% of the value of the gold, so be prepared to negotiate. Remember, the goal is to get the most cash possible, so feel free to ask for a higher price. With some haggling, you should get a fair price for your gold.
If you have more items than just jewelry, like a gold tooth or rare gold American Eagle coins, that’s one of the items you didn’t know you could pawn. While you won’t get anything for the tooth, the gold in the tooth is worth something.
2. Local Jewelers
Local jewelers need gold to make new jewelry, so they’re always in the market for it. They’re also more likely to give you a fair price for your gold because they want to keep a good relationship with their clients.
On the other hand, chain jewelers are more interested in making a profit than anything else. They’re less likely to give you a fair price for your gold because they know you’re not likely to shop there again.
So, if you want the most money for your gold, sell it to a local jeweler. You’ll be glad you did!
3. Cash for Gold Shops
Many people don’t realize it, but those little gold items sitting in your jewelry box for years could be worth a lot of money.
There are various ways to get cash for your gold, from old rings to broken bracelets. One of the best places to do it is at a Cash for Gold Shop. At these shops, you’ll get paid based on the weight and purity of your gold.
So, if you have a lot of gold jewelry you don’t wear anymore, it’s time to turn it into cash.
Jewelers who will buy the gold melt and reuse it. And there’s no need to worry about haggling over prices or getting ripped off; the prices at Cash for Gold Shops are always fair.
4. Friends and Family
Like most people, you might have a few pieces of gold jewelry or earrings sitting in a drawer. And if you’re looking for a quick way to make some extra cash, you might be tempted to sell that gold to your friends or family.
But before you do, there are multiple things you should know.
First, gold has a volatile market, and prices can fluctuate rapidly. Unless you’re an expert, it’s hard to know whether you’re getting a good deal.
Secondly, selling gold can be emotionally charged. It may have been a gift from your grandmother or another important loved one.
And finally, there’s always the chance that someone will try to take advantage of you.
Before you sell your gold, be sure that you understand the risks. Otherwise, you may end up regret selling it later.
5. Gold Parties
If you’re looking for places that buy gold near me, then gold parties might be for you. Next time you have a get-together with your girlfriends, skip the wine and cheese party and have a gold party instead.
You can make some quick bucks by selling unwanted gold jewelry to a gold party company. Who knows, you might even have more fun than you would at a traditional party.
You can catch up with your friends and gossip at a gold party while watching the gold buyer test and weigh your jewelry. You’ll be amazed at how much your old gold is worth.
Think about having a gold party; it could be the most fun and profitable party you’ve ever had.
6. Craigslist
If you’re searching for a quick way to make extra cash, selling gold might be the answer. And what better place to sell your unwanted jewelry than Craigslist?
With millions of users worldwide, Craigslist is one of the most popular online marketplaces. Thanks to its user-friendly interface, listing and selling items is easy on the site.
Plus, there’s no commission fee to keep 100% of the profits. Whether you’re looking to unload a few old pieces of jewelry or earn some quick cash, Craigslist is a great option.
Be cautious when meeting buyers in person, and always meet in a public place. With some preparation, selling gold on Craigslist can be a safe and lucrative endeavor.
7. US Gold Buyers
US Gold Buyers is the best place to sell gold. You can sell multiple items, including watches, rare coins, class rings, necklaces, scrap gold, dental gold, and bars. A free express label is available from the business so that you can transport your goods for free! Additionally, FedEx offers free insurance and tracking.
8. Express Gold Cash
Another website where you might think about selling your gold is Express Gold Cash. It’s excellent that you can receive the payment in less than 24 hours. On Trustpilot, where the business has approximately 2,000 reviews, it gets 4.9 stars, which is an excellent rating!
Additionally, Express Gold Cash is BBB-accredited. The business has also been around for more than 25 years. You can use free overnight FedEx delivery to deliver your goods to the business.
Express Gold Cash will ship your stuff back to you for free if you don’t like the offer you receive from them!
9. Luriya
Luriya is also among the best places that sell gold online, but you may visit the Luriya store in person if you reside in NYC.
Luriya will take your gold for sale online. Complete an online form, and you’ll receive an email with a prepaid FedEx label soon after.
Your sent items are insured. Within 24 to 48 hours, you will receive an offer when the company contacts you to confirm receipt of your goods. If you accept the reliable offer, you will be paid by the payment method of your choice.
Luriya will return your items for free if you don’t like the offer.
10. Money Metals Exchange
Consider selling gold online through Money Metals Exchange to make money. As the name suggests, they are not only accepting gold but other metals too.
You can use this gold exchange and get an equal amount of cash in your pocket.
11. APMEX
Looking to cash in on the current gold rush? Then you’ll want to head to APMEX, the leading website for buying and selling gold and silver bars. At APMEX, you’ll find the latest prices on precious metals and a wide selection of coins, bars, and ingots.
With a user-friendly interface and secure checkout process, buying and selling gold and junk silver has never been easier.
Whether you’re a seasoned investor or just getting started, make APMEX your go-to destination for all things gold and silver.
12. MoneyControl Market
Looking to cash in on your gold cache? There’s an app for that. MoneyControl Market is a new app that lets you sell your gold directly to buyers in the market.
With MoneyControl Market, there’s no need to go through a mediator or jeweler.
You can download the app, create an account, and list your gold for sale. Buyers can browse through listings and make an offer on the gold they want to purchase. Once a deal is finalized, the buyer pays directly into your account, and you can arrange for the gold to be delivered.
So, if you’re looking for the best price for your gold, check out MoneyControl Market. It’s the ultimate way to sell gold directly to buyers in the market.
13. One Gold
The OneGold Mobile app has streamlined investment in gold and silver. Any genuine investor in precious metals needs it since it offers live spot pricing, 24/7 trading, interactive portfolio tools, customizable market notifications, and daily market news.
The mobile portfolio tool helps you make the best choices, whether selling or increasing your metal assets in safe vaults worldwide.
Helpful Tips for Selling Gold at the Best Price
Looking to sell your gold? Here are some tips to help you get the best price:
- Research the current market value of gold. This way, you’ll know how much your gold is worth and can be more confident when negotiating with buyers.
- Choose the right buyer. Some can offer you a great price for gold, while others try to lowball you. Do your research and choose a reputable buyer known for fair prices.
- Be prepared to haggle. Just because you’ve researched the market value of gold doesn’t mean you have to accept the first offer you receive. Remember, buyers want to make a profit, so feel free to negotiate for the top-dollar.
- Know when to sell. The gold market can be volatile, so timing is everything when selling your gold. Pay attention to market trends and act accordingly – if the market is down, you might want to wait before selling, but if it’s on the upswing, it might be a good time to cash in on your investment.
- Check if the gold is real. Always make sure you have real and pure gold. Hold the object directly over a flame. When heated, real gold becomes brighter. When fake gold is heated, it darkens or undergoes a color shift. You can also use a magnet: real gold will not be drawn to the magnet since it is not magnetic.
Frequently Asked Questions (FAQ) – Places that Sell Gold Near Me
Where Can I Sell Gold Near Me?
Start by checking legitimate local business listings near you. Some options include local jewelry stores, pawn shops, or specialty gold buyers. Since gold is a valuable and popular item in the market, the prevalence of the usual scammers should be expected.
Make sure the establishment you will deal with is reputable and established.
How Much Will I Get if I Sell My Gold Now?
There is no specific answer to this, as gold prices go up and down daily.
However, you can visit Gold Price USA and evaluate the price based on your gold quantity, carat, and gram.
Where Is the Best Place To Sell My Gold?
Aside from gold jewelry stores, friends, and family, online gold marketplaces also abound.
Check out this online list and review published by Investopedia about the best online gold dealers led by Money Metal Exchange.
Is It Better To Sell Gold at a Pawn Shop?
The best option for selling gold at a pawn shop will depend on several factors. For example, consider whether the pawn shop has experience appraising precious metals and whether they offer competitive gold prices.
Additionally, it is essential to consider other factors, such as the location of the pawnshop, its reputation, and any fees or transaction costs that may be involved when selling your gold at a pawnshop.
Conclusion – Places that Sell Gold Near Me
If you need to get cash for your gold jewelry, we hope this post helped you understand the value of your item and your prospects for finding a good buyer who will offer a fair price. Make sure to shop around by getting several quotes before selling your gold.
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Marjolein is a financial consultant who has built over €4,000 monthly passive income and saves over 70% of her income. Read Radicals’ inspiring story, from stuck in the 9-to-5 to loving life. Feel free to send Radical a message at the bottom of this page