The Importance of Appraisal When Selling Gold
When you are thinking about selling broken gold, it is very important that you get an appraisal of what you are planning to sell. Yes, it seems unnecessary to get an appraisal since you will be getting the appraisal from the buyer, but the fact is that broken gold buyers are biased and an appraisal from an independent appraiser will make sure that you get the right price for your gold.
Keep in mind that there are many types of gold that are valuable. Here is a good outline of the gold selling process for all types of gold - How To Sell Dental Gold
A Price Range
The appraiser will give you a price range of your broken gold item. This price range will serve as a guide when you will be choosing a buyer to sell your items and it will also help you in getting the maximum possible price. Some broken gold buyers will try to make off profit of you by quoting a very low price for your items; in such cases and appraisal will be of great help.
Lower than the price range
It goes without saying that any buyer who offers you a price less than the price range appraised by the appraiser is trying to make more profit off of you. You should not deal with a buyer who offers you less money.
Above the price range
While most people would think that getting a quote above the price range is good and a stroke of luck, it is not always the case. Broken gold buyers are not dumb enough to pay you more than the actual worth of you item. If a buyer offers you significantly higher than the price range then there is a good chance that he is a scam artist who is just looking swindle you. So what do you do? You just leave him and move on to the next.
Where to Get an Appraisal?
You can get your jewelry appraised from an independent appraiser or from a jewelry shop. However, you cannot go to broken gold buyers for appraisal of your jewelry.
The important thing to remember is that gold prices keep changing, so naturally the right price of your broken item will keep on changing as time passes. Therefore, it is a good idea to get the appraisal as well as the quote on the same day. You can keep track of gold price with the help of goldprice.org
Gold Calculators are also available online.
Keep in mind that there are many types of gold that are valuable. Here is a good outline of the gold selling process for all types of gold - How To Sell Dental Gold
A Price Range
The appraiser will give you a price range of your broken gold item. This price range will serve as a guide when you will be choosing a buyer to sell your items and it will also help you in getting the maximum possible price. Some broken gold buyers will try to make off profit of you by quoting a very low price for your items; in such cases and appraisal will be of great help.
Lower than the price range
It goes without saying that any buyer who offers you a price less than the price range appraised by the appraiser is trying to make more profit off of you. You should not deal with a buyer who offers you less money.
Above the price range
While most people would think that getting a quote above the price range is good and a stroke of luck, it is not always the case. Broken gold buyers are not dumb enough to pay you more than the actual worth of you item. If a buyer offers you significantly higher than the price range then there is a good chance that he is a scam artist who is just looking swindle you. So what do you do? You just leave him and move on to the next.
Where to Get an Appraisal?
You can get your jewelry appraised from an independent appraiser or from a jewelry shop. However, you cannot go to broken gold buyers for appraisal of your jewelry.
The important thing to remember is that gold prices keep changing, so naturally the right price of your broken item will keep on changing as time passes. Therefore, it is a good idea to get the appraisal as well as the quote on the same day. You can keep track of gold price with the help of goldprice.org
Gold Calculators are also available online.