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Never let any Gold Dealer or Buyer Make You Feel Pressured or Obligated

Are you planning on selling your gold or gold jewelry? Here’s a golden nugget tip for you; Never let any gold buyer or gold dealer make you feel pressured or obligated. Do not tolerate a dealer that makes you an offer based upon you accepting it immediatley. Never allow a dealer make you feel guilty about shopping around.

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When selling your gold, a buyer should make you a fair offer based on the purity, weight, and “spot gold price” (which can be found at kitco.com). The price quoted should be good as long as the “spot gold price” does not go up or down drastically. Don’t be fooled – if gold drops $3, it should not affect the quoted price. However if gold goes up or down $10 then the quoted price will need to be adjusted. This is based on selling gold jewelry. Gold coins that are being purchased for bullion or numismatic premium – every dollar, up or down, matters. Regardless of the price, the gold buyer should not make an offer based on you accepting it immediately. A reputable gold buyer that is giving you a fair price should be willing to put their quote in writing. It is your right to shop around to ensure that you are getting a fair price on your gold jewelry. Never allow a gold buyer to make you feel guilty for getting multiple quotes.

If you live in Palm Beach County and would like to sell your gold or gold jewelry, be sure to put the Lake Worth Gold Mine on your “shopping” list. We always give the best quotes possible with a no pressure, friendly, comfortable enviorment.

Lake Worth Gold Mine
8100 Lake Worth Road
Lake Worth, FL  33467

lakeworthgoldmine.com

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Have you considered selling your gold jewelry but not sure who to sell gold to?

There are many options such as a pawn shop, retail jewelry shop, a gold buyer or 
refinery to name a few.  You want to make sure that you are selling your gold to 
a licensed gold buyer. There are County, State and Federal regulations that a 
licensed precious metal buyer have to follow. Many hotel buyers, flea market 
vendors and Craig's list buyers do not operate in a licensed manner.

Do your research and check for state and county licenses. Are they a member of 
the local community and Better Business Bureaus? Check their reputation by 
doing a google review search or check the social media networks such as Facebook to see 
what people are saying. 

Selling gold can be a rewarding experience if you are selling to the right gold 
buyer. Be leery if the business does not weigh your items in front of you - in 
calibrated and certified scales. All items should be tested in front if you to 
determine gold purity. Be sure to have your gold weighed by carat as opposed to 
one master weighing and then offered a lump sum for all.

Check back for other tips for selling gold.

If you live on the Palm Beach County area and would like to sell gold, be sure 
to put us on your shopping list for the most competitive bid.

Check us out at our website, www.LakeWorthGoldMine.com

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Lake Worth Gold Mine
8100 Lake Worth Road
Lake Worth, FL 33467
561-729-0094

Are you Selling Gold?

It is a great time to sell gold. Although gold is not at its all-time high, it is still high.  And that means a little bit of gold can be a lot of money.

When selling gold jewelry, the gold buyer will separate your items by karat, which tends to be 10k, 14k, 18k and 21k. Once the jewelry has been checked for purity, the gold buyer will weigh up the different karats and then give a price for each type. It is usually weighed in grams (g) or pennyweights (dwt).

When you see the price of gold on tv – that is quoting 24k (pure gold) for an ounce. You will not get paid this amount unless you have pure gold in coin or bullion form. Jewelry is not pure and must be refined. You will be paid on the purity and less smelting fees. Shop around to get the best quote as each gold buyer has their own pay-out formula.

If you live in Palm Beach County and plan to sell gold jewelry, be sure to put the Lake Worth Gold Mine on your shopping list for the most competitive bid.

Lake Worth Gold Mine

8100 Lake Worth Road

Lake Worth, FL  33467

Selling Gold Coins? What is your Gold Coin worth?

sell gold coinsWhether you are a gold investor or the recipient of a grandparents gift, when it comes to selling gold coins, there are several different factors, including grading, that  determine market value. Coin Dealers and Gold Buyers will buy all US gold coins, and some may buy foreign gold coins.

Coins vary in gold content from 1/20th ozt gold Chinese Panda to a 1.2 ozt $50 Mexican Peso. A coin may weigh more than the actual gold content as most gold coins are 900 purity (22k). Only the Chinese Panda, Australian Kangaroo, Canadian Maple Leaf and the  US Buffalo are pure gold (24k).

Each gold coin will have a date, and possibly a mint-mark. Just because a gold coin may be old does not mean it has more value than the gold content.  In the coin world it is all about how many were minted. For coins that are rare, they are also graded and valued based on condition.

Coins that have already been authenticated and graded by a professional grading company such as NGC and PCGS potentially have more value than coins that have not been authenticated. Be careful of coins that are NOT graded by NGC or PCGS. Other companies grading do not hold the same authority.

If you are selling gold coins, bring them into the Lake Worth Gold Mine for a free evaluation.

Lake Worth Gold MIne

8100 Lake Worth Road

Lake Worth, FL 33467

http://www.lakeworthgoldmine.com