5 Things to Note Down before Looking for Cash for Gold

Get Invoice

Any authentic jewelry buyer going to ask you about invoice of the item before they can buy your jewelry. Moreover, it benefits a customer more than a retailer especially in a case when you visit same shop. The invoice makes it sure that you have bought it from same place and there will be no requirement of checking purity of the jewelry.

Shop Around

No matter where you end up selling, you first preference is to look for local gold buyers. Get quotes from multiple shops and then evaluate which one is offering a greater deal. After a handful of quotes, you will have an idea of what will be a suitable price for the gold in your hand

Check the purity of gold

One of the factors that decides the value is purity. A hallmark sign is necessary if you want to get a fair deal. Generally, there are certain numbers attached with hallmark sign. For example, if it is 916 hallmarked, then it says that gold has 91.6 per cent gold and rest are other metals.

Read the Policy

It is advisable for all buyers and sellers to review and compare terms and conditions carefully before making any deal. It is same even when a consumer deal with a recognizable company. For example, some sites ship gold for free while some charge a very high shipping charges that can’t be argue later if you haven’t asked them before.

Check Credentials

It is a customer’s right to ask for buyers’ credentials. It is very important in cases where the gold buyer company is new. Every gold buyer should be licensed by the state to buy gold. Similarly, a buyer can also ask you to produce a driver's license, passport, or some other form of national identification number.

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