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Gold Sellers Guide to Avoid Nightmares about Pawn Shop

Posted On : Oct-17-2013 | seen (1997) times | Article Word Count : 433 |

Here is a good and bad news for those hoping to get the best price for their jewelry from pawn shop. Good news is that gold prices are peaking near an all-time high whereas the bad news is that, when investors haste for the yellow metal, it means they’re hasting away from commodities and stocks.
Here is a good and bad news for those hoping to get the best price for their jewelry from pawn shop. Good news is that gold prices are peaking near an all-time high whereas the bad news is that, when investors haste for the yellow metal, it means they’re hasting away from commodities and stocks. High prices of gold may be a verbatim mine for populace sitting on unwanted jewelry when gold’s prices curse a dark future for the economy.

But you should be careful, consumer protection are far and few between, and complaints filled with BBB against pawn shops have increased over the past year. Sellers must do their homework to avoid nightmares about pawn shop and pawnbrokers.

Know the worth of your yellow metal: You must be aware of its worth because with gold prices are going through the roof, it’s also good time to get cheated. Most seller or consumer don’t know about the worth of their jewelry and sell gold without gaining the profit they desire. Shop around few stores and get few estimates. Compare those and find out which literally match or go for an independent appraisal.

Know about your share: While selling, you should get from 50-90% of its market value. Your share relies on what you have, where you sell, weight, karat etc… It also depends on the current price of gold.

Sell gold online: Selling online is a good idea, at the same time you should be careful. There are a lot of pawn shops out there claiming they are the best, pay top dollar and so forth. Never hook for the one that invest in advertising, remember reputed and accredited ones never do a lot of bragging. They just quote you a price, don’t have grumbles against them with BBB and do everything to get customer’s trust. Revered pawnbrokers also display the pricing details that they offer for 10k, 14k and 24k gold.

The most important factor to look while going online is the testimonials. Never dodge the reviews of other sellers, thoroughly go through them and get abreast info about the company’s service and loyalty, after all it’s your metal.

The glittering yellow metal is a mixed bag, when it comes to investment. So, make it worth even if it is an unwanted jewelry filling up your drawers. If you’re not sure about the value, seek the help of those who has done this job earlier and make sure the money you get is worth the treasure you’re sacrificing.

Article Source : http://www.articleseen.com/Article_Gold Sellers Guide to Avoid Nightmares about Pawn Shop_282230.aspx

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Category : Product Reviews : Product Reviews

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