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How do you sell gold the right way?

May 22, 2023 | Blog

How do you sell gold the right way?

If you have old jewelry or other gold items that you no longer use, selling them is a way to make extra money or simply make space. However, it is important to sell in the right way to get a fair price. Read on for useful tips on how to sell your gold without getting too little for it.

Verkoop gouden sieraden

Choose a reliable buyer

The most important thing when selling gold is to choose a reliable buyer. You can consider several options, such as a local gold dealer, an online seller, or an international gold market. When picking a buyer, it is important to check the reputation and make sure you choose a reliable party. For this, you have come to the right place at Value Trading. Value Trading BV is an experienced player in the precious metals industry. In addition, we are also a certified member of The Responsible Jewellery Council, emphasising our commitment to high standards of security, transparency and trust within the industry. Furthermore, we are also in contact with partners you can go to to sell your old jewellery or other gold items. You can find them via our handy store locator.

Obtain a good price

A crucial aspect of selling your gold is to make sure you get the right price. You can do this by first finding out the market price for gold of the same quality. To get the best price, it is then advisable to compare different buyers and negotiate the best deal.

Prepare well for the sale

Know what you are selling before you sell your gold to anyone. Know the characteristics of your gold, such as its carat, weight and value. If you don’t know these, you may get less than the effective value.

Good preparation is also essential. Get a document confirming the sale and make sure you have a valid ID with you when you go to a gold dealer. This is important to verify that the gold you are selling is yours.

Keeping these tips in mind will ensure that you sell gold the right way and get the best price for your gold.

Are you curious to know what your gold is worth and would like an estimate?