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Tips for Gold Sellers from a Gold Buyer

By   /   September 20, 2012  /   No Comments

Ed Bean, owner of Suffolk Jewelers and Pawnbrokers in Boston, has some words of wisdom for customers looking to sell their gold.  “The more knowledgeable you are about your gold and the current market, the more well-versed you will be during a transaction, and the happier you’ll be with the result,” he says.  Bean says before you go in you need to know your gold.  Any details about your gold, such as carat weight, whether it’s vintage or historical and any workmanship characteristics are important.  You should also know the market as your offer will reflect current market gold price.  Find out about the buyer and the reputation of the business and make sure you are dealing with a legitimate gold buyer.  Don’t forget to bring identification; the law requires brokers to ask for government-issued identification.  Finally, don’t forget you can always walk away.  If the deal is not right come back another day or try another broker.

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