Cash for Gold Reviews

You've seen dozens of ads on television, in newspapers and online from companies offering to buy your scrap gold. The good news is that gold is at an all-time high, and you can get big money from old jewelry that's doing nothing but collecting dust.

Yet, all of these companies say the same thing. They all claim to have the highest payout rate, quickest service, and the best guarantees. And although getting cash for gold by mail is a lot safer than it sounds at first, there are differences between buyers. Here are a few valuable tips for cash for gold:

Look for a cash for gold operator that has been in business for a while.
Remove stones or other extraneous material, most gold into cash buyers are only interested in the gold and may not give you much extra for valuable gemstones.
If you want to sell gold for cash, look for buyers that offer a prepaid "kit" that includes insurance.
Sell your gold to a buyer that offers a guarantee, and gives you an opportunity to turn down an offer should you decide to keep the gold instead.
Make a copy of any forms you fill out as part of the kit.

Keep in mind that when you are selling your scrap gold for cash, you are getting a price for the gold alone--you won't be getting the intrinsic value of the jewelry. If you have a gold ring that is an unusual antique made by a well known dealer, you may be better off selling it to a reputable antique dealer. However, for most ordinary pieces, the scrap price will be quite impressive--and in many cases will even exceed what you could sell it for as a piece of jewelry. Broken jewelry, plain gold bands, old class rings, tangled chains or mismatched earrings are all great candidates for a cash to gold place.

There is also an advantage to dealing with a reputable mail-order cash for gold dealer as opposed to a local pawn shop. The cash for gold companies are specialists, and deal almost exclusively in scrap gold--and that gives them a key advantage. They know exactly what your piece is worth. When you go to a pawn shop, more often than not, the dealer there will give you a lowball price just after "eyeballing" the piece and sizing you up.

You may also wish to avoid the local "this weekend only" cash for gold operators that set up shop at a local conference center or hotel. These gold buying events may be hosted by unknown operators who go from town to town--and if the check bounces, by the time your bank returns it to you, they're long gone. Instead, look for a web-based gold buying specialist who includes contact information on the web site, so you know who they are and how to get in touch with them.

Look through the reviews here on bestcashforgoldreviews.com to find the best buyers!