Expert Tips To Sell Scrap Gold

If you are looking to sell scrap gold, you can do it by either selling it directly to the scrap gold dealer or by using the online means.  Both these methods are good and will yield you the best rates. However, you need to be aware of the current rates of scrap gold. Before you sell the scrap gold, you will have to research for the current rate as the rates flucte on a daily basis. So you need to be very alert when you are selling your scrap gold.
Finding The Best Scrap Gold Dealer
To know the current rates of scrap gold, you can check out some good websites that have the latest information on gold and its rates. Alternatively, you can also check for the rates of gold in the local newspapers. You will have to do some simple calculations to find the exact price of the gold that you wish to sell. If you are not aware ofit, you will have to either get someone reliable to do the calculations for you or you can do it on your own after doing some research work. There are several gold consultants who can help you with the calculations of gold rates. These gold consultants can also run few tests to identify the purity of your scrap gold.
Scrap gold defers in quality depending upon the location from where it is obtained. Scrap gold can be obtained from a variety of day to day items like:

• Old computers
• Wires
• Circuit boards
• Cell phones

There are several other sources of scrap gold and if you want a comprehensive list of the sources, you can research on the Internet or read a good book that gives you the details on how to sell scrap gold. Before selling it you need to understand the importance of separating the scrap gold from other metals or substances. It will yield a higher price when you sell scrap gold that does not have any metal or other substances attached to itin which case you can look out for methods that will separate the scrap gold from such unwanted metals.
There are plenty of buyers of scrap gold in the market today. You need to identify the best buyer who will give you the best price. The scrap gold buyers use different methods to determine purity. The most important part here is that the scrap gold dealer would seldom tell you the method he or she is using to identify the purity of the scrap gold.
Modern Ways Of Selling Scrap Gold
There are gold dealer companies that have special gold kits. All you need to do is to pack your scrap gold into these special gold kits and fill up a very simple form and mail it to the gold dealer company. The gold dealer company then evaluates your scrap gold and then offers you a certain price, which you can either accept or deny. There are three ways in which the gold dealer informs you about the price of your scrap gold. The gold dealer may directly pick up his phone and make a call to tell you the rates being offered or send you an e-mail clearly specifying the rates. In the third method, the gold dealer may send you a letter giving all the details of the scrap gold that you have sent along with the rates being offered.
Depending on the type of gold dealer and the purity of the scrap gold, you will get the price for your scrap gold. For all transactions, make a note of all the gold items that you are sending. If you have a digital camera, take the photographs of the scrap gold items that you are sending. Ensure that you save the images at a secure location so that they can be retrieved whenever you desire. Before you sell scrap gold, make sure to understand the process and procedures of the scrap gold dealer. Also make sure to save all the copies of communication between yourself and the gold dealer.

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