mardi 8 septembre 2015

Finding A Reputable Gold Dealer In Toronto

By Daphne Bowen


If you have tried to sell a gold piece you probably are aware how hard it is to find an honest buyer. You will come across so man dealers out there that making your decision will be difficult. Most of those dealers are buying are not even certified to buy the metals. This means that there are so many fraudsters out there. This makes it even more important to find a reputable gold dealer in Toronto.

One of the things that you need to look for is the credentials of the buyer. Ask to see the license just to verify that they are license by the state. You should also ask how long they have been in business. Make sure that you choose the buyer with some few years of experience. If they are just starting out and they are not well established you might not be getting the best value.

Before you can even sell the gold, get an independent appraisal for the gold. Before you sell that antique chain you have you might get better value if you sell them to be smelted. On the other hand if the jewelry can be bought in its current state, then it might be worth more as it is rather than selling it to be smelted. This will ensure you get the most money for the pieces you have.

There are so many cases where pieces vanish during shipment. Apart from getting a rough estimate of the value of your piece, they will also assist in giving you proof of the cost of your piece in case it is lost during shipment to the buyers. To prevent such cases, make sure you look at the buyers policy of reimbursement in case something like that happens.

Comparison of prices should never be over looked. You need to get different quotes from different buyers in Brampton ON so that you choose from the top paying. The prices will be different from one buyer to another. The difference arises from the fact that the companies are not the same. There are those that are bigger than others and there are those that are small.

When going to make a sell it is important that you be as realistic as possible. Some people usually expect the fact that they are selling gold they will get rich. This is not the case since most of all the jewelry is not made entirely of gold. The gold present is usually a percentage and the rest is base metals. Because of this the buyers will conduct a test on your piece to determine the gold percentage.

Do not be fooled into choosing one of the companies that advertise the most. Advertising usually costs a lot and the companies make these payments by paying the sellers less money for their pieces. This means that will give you less amount for your valuable jewels. Advertisements usually eat into the profits of each company.

These big companies should be avoided at all costs. You can find a small dealer on the internet but you need to be cautious. You can also ask for referrals from family and friends.




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