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Thursday, 29 December 2011

Perfect Gold Pieces To Sell: Look For Auctions, Estate Sales and Garage Sales

By Ilechukwu Magnus


In order to generate more income you have decided to sell gold to online gold buyers. Except for one setback this may seem like the ideal solution.
There is no gold to sell.

Most of the time people will think negatively and say they should look for other options to make money but that is not true. By visiting estate sales, auctions, and even garage sales, you can get your hands on some valuable scrap gold to sell.

Gold Buyers- Gold Found & How to Sell It

When it comes to estate sales they are very productive. These occur when someone needs to sell items due to moving, downsizing, bankruptcy, death, or divorce. Gold and other items are going to present in such a scenario. Items are generally marked with a specific price, although some sales allow you to make a bid at a lower price.

Estate auctions are typically done for the same reasons, only everything is purchased via the bidding system. This type of process is a great option for buying gold to sell, because you can bid as low as you want for the gold.

You must keep in mind that you need to purchase the gold for as low a price as possible to buy gold to sell to gold buyers. That way you can get a bigger profit in selling. There are several ways you can do this.

Gold Buyers Online- Look for pieces of gold no one else would want, such as broken jewellery. If no one else is bidding, you can usually obtain it for a lower price.
If you plan correctly even unbroken pieces of jewellery can be purchased at low prices. For this you need to look for lumped together jewellery items or unattractive pieces of jewellery. If you failed to get a great look at it before the bidding began, pay close attention to the auctioneer's words. If they say "pretty" it will most likely go for a higher price.

Miscellaneous item boxes are literally gold mines. You never know what may be in them. If you are allowed to look through the boxes before an auction, keep an eye out for any signs of gold jewellery, gold coins, or any other type of scrap gold. If you are not allowed to touch items things can get difficult. In this case you will have to look for obvious clues in jewellery boxes and small safes.

Always make sure you stick to a price that you pick. You don't want to spend every bit of your hard earned cash buying scrap gold items. You also want to ensure you are paying less for the gold than you will be earning by selling it to online gold buyers.

Find out as much information as you can on the gold you are buying. Make sure items are real gold and not just gold plated ones.

You can make a bit of extra cash by purchasing gold for a low price at an estate state, garage sale, or estate auction even if you do not have an extensive collection of scrap gold in your jewellery box. Sell To Gold Buyers Online




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