Cash For Gold Near Me: Sell It For the Best Price Online

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If you found this article then probably you have old gold jewelry, coins, or some other items you’d like to get rid of. Doesn’t matter if you are cleaning your home and trying to sell stuff you don’t need, trying to get rid of jewelry after a breakup, or want to take advantage of the recent record high gold prices, the question is always the same – where can I get the most cash for gold near me?

Most likely there are several pawn shops or local jewelers close to you that are interested in buying your gold jewelry, but you’ll never get the fair market value. Why? Because they have to pay rent, utility bills, salaries, and make a profit for the owners as well. So what should you do?

Stop Searching for Gold Buyers Near Me — Sell Your Gold to a Legit Online Buyer

Instead of going physical cash-for-gold location in your town, consider online gold buyers. There are several legit and trustworthy online companies that are disrupting the cash-for-gold industry because they can offer really high prices for their clients since they don’t have expensive overhead costs and can operate super efficiently.

Plus, several people would prefer an online solution for that kind of service anyway, because they don’t want to be seen while they are visiting pawn shops and it’s more convenient also. You don’t even have to leave your home and you’ll get a 100% guaranteed highest price.

Before we jump into the details, I’m going to spill the beans and say it out – CashforGoldUSA.

Quick Takeaway: CashforGoldUSA is our recommended online gold buyer. It’s a legitimate and honest company and based on our research we can say it’s the best option out there.

A few facts about the company:

  • Fox Business News investigation found they pay 3x more than competitors
  • They pay within 24 hours
  • Transactions are insured up to $100,000 by Lloyds of London
  • The guaranteed highest price for gold jewelry, coins, diamonds, and dental scrap
  • They have paid out more than $52 million to sellers
  • USPS or FedEx mailer will pick up the gold from you
  • They pay a 10% bonus above estimate for items shipped within 7 days

Recently gold prices have been at 7-year highs, around $1750 per ounce ($56 per gram) so if you’re planning to sell your gold items, it could be a good time.

Go to: CashforGoldUSA’s website

Selling Gold 

While there might be many suspicious places claiming to buy your gold at a high price, reputable platforms abound that can match the value of the metal with cash sooner than you can imagine, and you won’t feel cheated in the process.

To top it off, you don’t have to waste valuable time or bother about schematics as your gold can be sold online for cash – innovation has penetrated the gold trade sector.

Have doubts about the total gold trade? Perhaps, my personal experience could help you to understand how things have changed.

Some months ago, pressing issues required I sell my treasured gold chain for cash. I tried some middleman on the street, and he wanted to rip me off. Then I went online to see if there was any platform that could help me.

After rummaging through different platforms, I stumbled upon CashforGoldUSA.com. Though skeptical, I used their gold calculator to confirm how much I could get for my gold chain.

While I couldn’t complain about the price, I wasn’t sure how the transaction was to be carried out. I was informed I had the option of picking between two mail service to handle the exchange.

I opted for FedEx as I still had unresolved issues with US Postal Service – that’s a story for another day.

The FedEx guy arrived. A funny guy. My gold jewelry was delivered without any cost to me.

To avoid the unpleasant stories that have saturated the online space, I took up an insurance premium on the chain.

It wasn’t up to 48 hours before CashforGoldUSA got in touch with me through an email. They offered me the estimated price they could pay.  I dillydallied a little because my treasured gold chain was about leaving my neck forever. Then I remembered my financial mess and I agreed to their price.

It didn’t take more than a few hours before I got a check for the amount agreed. They seem to have other means of getting paid, but I am a sucker for the ‘check.’ I still wasn’t sure about the reality of the trade. But I went to cash the check, and I got paid.

Frankly, my delay made me lose some cash as the CashforGoldUSA platform offered to add 10% above their proposed price for my gold if I had it shipped out in the shortest possible time, at least not more than a week.

During those turbulent times, when I was cash-strapped, I discovered a few things about CashforGoldUSA that motivated me to sell my gold to them:

They aren’t newbies in the business, and they had a lot of testimonials as proof of their authenticity. And they appeared to be the only one not offering ridiculous prices. It wasn’t surprising when I found out an investigation carried out by Fox News showed that they were offering triple the amount that their competitors provided sellers with – they indeed have the resources.

CJ Environmental, the enterprise which has CashforGoldUSA as its subsidiary, has an impeccable reputation confirmed by its A+ Better Business Bureau (BBB) rating.

Is Now a Good Time to Sell Gold?

There’s sufficient evidence to suggest that gold prices tend to soar or at least remain stable in the face of economic downturn or sharp fluctuations in the prices of stocks.

The year 2020 might have been a turbulent year for the global economy, but that has played to the advantage of gold as the metal is currently at its peak for the year while its fellow mineral resource, crude oil, has continued to tank.

If you are cash-strapped at the moment, and your expensive gold coins, gold jewelry of any kind is lying dormant, gathering dust, perhaps you can take the hard way out (it’s certainly not easy) and sell them off for cash. You can get those jewelry cheaper in the future.

If you’re not broke but want to make a killing from the ebbing stock market, you can let go of all that precious metal now for a high price and buy your preferred stock.

Need for information? Head over to CashforGoldUSA

How Much is Gold Worth?

Discerning what your gold is worth isn’t something you visit the pawnshop for – those guys will always want to shortchange you. The gold bullion price in the open market determines what any trustworthy buyer will agree to pay for your gold. And this frequently changes with each passing second. At the time of writing this piece, the price of gold had risen to around $1700/ounce and $55.00/gram.

It is worth noting that the price of gold has witnessed a 22% increase from this time last year. Frankly, this wouldn’t come as a surprise to many in the business as the price of gold always receives a boost whenever the economy is in tatters or stocks are crashing. And with the pandemic keeping the world spellbound, you should take advantage of the high price and sell gold.

A lot of people tend to imagine their gold jewelry is pure gold when there’s a substantial chance it’s not. Most gold jewelry is a combination of gold and another metal. Gold bullion, which is pure gold, isn’t that much in circulation.

To get the best price for your gold, it needs to have a substantial quantity of pure metal. In a nutshell, the worth of that supposedly gold jewelry is tied to the amount of the actual gold in the item.

Gold jewelry is sold and purchased in karats. That’s why you see jewelry stores selling those gold ornaments in karats. There are different delineations of the karat, but the 24-karat is at the apex of the purity table.

There’s a certain trepidation that comes with selling your precious belongings – gold jewelry inclusive. If you are not sure about the prospects of selling your valued ring or necklace, you are not alone. It’s hard selling your valuables, especially if they are attached to special events like an engagement or a birthday.

Regardless of your thoughts on disposing of items you don’t need, you shouldn’t hesitate to sell your gold item for cash, even more, if the memories attached to it bring you to tears. With the price of gold at its peak, you couldn’t ask for a better time to sell your gold item.

Find out the price of your precious gold items using the CashforGoldUSA gold calculator, which deploys the latest market data.

How Much Does the Gold Sell For?

In the last seven years, the price of gold has been breaking records, just like Usain Bolt in his prime. A recent high of around $1700/ounce and $55/gram suggest the alluring metal is on the increase. Being involved with investments, there’s no reason to doubt the surge in gold prices wouldn’t continue as the ill wind affecting the stock market always serves as a breath of fresh air for the valuable metal.

If you’re among the many that locked their gold items away in some shelf or deposit box, it’s not an awful idea, but you need to change. Yes, there’s always some history or background story surrounding such gold items, which could be due to the way and manner the ornament was received. But you have to sell such when the need arises.

Value of Gold Today – Check the Price of Gold

Gold Price Calculator

If you decide to go ahead and sell off that gold item in your possession, you’ll want more details on the gains of doing so. No one wants to let go of their treasured piece for cheap. Fortunately, getting accurate information on the price of your gold item is as easy as checking the CashforGoldUSA.com website for a near-accurate estimate. Their gold calculator can confirm the worth of your gold item based on the current market price.

While many gold buyers might attempt to cheat you out of your money by offering a meager price, others rely on the price data obtained from the real-time market value. CashforGoldUSA is one such platform as it deploys a gold price calculator that’s tied to the latest data. It’s also unsurprising to know that the platform’s gold calculator considers the karat and weight of your gold in arriving at a price for that precious item in your possession.

Confirm what your gold is worth through CashforGold’s secure website.

The price of gold is currently hovering at around $ 1,750 /oz.

Scrap Gold Price Calculator

Different forms of gold can be sold, and that includes scrap gold. If you have some scrap gold in your possession and you are not sure of its value, perhaps you could take advantage of the scrap gold calculator on the CashforGoldUSA platform. This one uses real-time data while determining the price for scrap gold using its weight and karat. Gold price scrap tends to fluctuate like most items that are market-driven.

Pricing Gold Today

The London Bullion Market Association agreed model forms the basis of the gold pricing as we know it. Currently, the group has deployed an electronic auction system that handles pricing, and many gold buyers all over the world are linked to it.

What Is a Gold Spot Price?

You must have seen the gold spot price among the several figures listed regarding gold and wondered what it was. Well, the gold spot price is the worth of the metal after some massive sales. But the gold spot price holds more information about gold futures than the actual metal.

What Is Gold Futures?

As its name suggests, gold futures are tied to futuristic events in the gold trade. Gold futures revolve around the need to transfer the ownership of gold between entities within a delineated timeline. Gold futures also prioritize the guesswork on the supply and demand of the metal as well as the overhead associated with moving the metal.

The Kitco’s Gold Pricing Model

One of the stakeholders in the industry is Kitco. They aren’t just limited to trades but making information regarding the industry available to everyone. Buyers and sellers use several parameters to settle on the price of gold in real-time, and the Kitco Gold Index is one such. Kitco belongs to a cluster of gold markets, which, regularly, put forward gold prices – different from the ‘feisty’ stock market.

Can You Make Money Selling Gold?

The financial reward obtainable from the gold trade is significant, and evidence from the history books suggests the metal has always been the most sustainable investment you can make.

With the pandemic hammering stock values and crude, there couldn’t be a better time to sell gold as the precious metal’s price is known to peak whenever the economy is on its knees, and the stock market appears to be a shadow of its former self.

When Should I Sell My Gold?

This is the right time to sell your gold items as the price could tank as soon as the stock market finds its footing. If you possess any gold item that’s lying fallow in your property, then you should take action immediately.

The proceeds from the sales of your gold belongings could change your financial situation as it could be invested into real estate or stock, clear your credit card debt and other amazing benefits that come with having money.

Regardless of the nature of your gold item, it could fetch you a nice sum for a nice steak at your favorite joint.

Should I Sell My Gold?

If you’re skeptical and need some form of reassurances that you’re doing the right thing, then here’s the confidence booster you seek: sell that item off right now!

Remember that we live in a world where cash rules. Gold isn’t cash, but it can be converted to such. Letting your gold item rot (not literarily) in your drawer or a deposit box while you are financially handicapped to carry out a lot of necessities should never be the case.

How Can I Get Cash For Gold?

Don’t know how you could get cash for gold? That’s in the past now as well-known platforms like CashforGoldUSA have risen to the challenge of buying gold from sellers virtually. That’s no more spending money on transportation just to sell your gold jewelry to a pawn shop in your neighborhood.

Where Can I Get Cash For Gold Near Me?

Due to the existing lockdown due to COVID-19 in many countries and states, jewelry stores that could purchase your gold items at unreasonable prices are not open for business. Fortunately, the Internet is still accessible for business as lockdown measures aren’t applicable virtually, so online gold buying platforms are still exchanging your precious metal for cash.

Gold Related FAQs

Here, we look at specific questions that have been asked by people on the status of the precious metal. Whether it’s the pricing, some background information on the valuable metal, and ways of getting the most cents in trade, everything is covered.

What Is The Reason For Gold’s Immense Worth?

The massive value of gold dates back to centuries ago when the metal was used as a legal tender and investment avenues. Much of the precious metal’s value is attached to its use in jewelry and art pieces.

The strength of gold is that it’s alluring and tangible – attributes lacking in stocks.

Gold is a metal, and there’s only a limited amount of it. Regardless of the claims in certain sectors about the metal being reproducible, evidence suggests gold can’t be produced, only mined. It’s this cap on available gold that reinforces the value of the precious metal.

Due to the value of gold, the metal is recycled over and over, which just points to the efficiency of gold’s recycling process, especially when compared to other existing ones in the world today.

Gold has continued to be shrouded in mystery though it has passed through different generations.

How to Tell If Gold Is Real?

While you might be interested in selling your gold, here are a few tips which should guide you on your journey:

Identifying genuine gold from the phonies

The Stamp Method

Not everyone has the discerning eyes to tell when gold is genuine or fake. But you can always learn. Start by looking for a stamp on the gold item. Authentic gold items, regardless of the quantity of the pure metal in them, usually have a mark that highlights how pure the gold is. You should see some numbers within the square.

If you’re wondering what those numbers are, take a look at the breakdown below:

  • 375 = 9 karat which suggests that the item contains 37.5% gold
  • 585 = 14 karat item contains 58.5%
  • 750 = 18 karat item contains 75% gold
  • 916 = 22 karat item contains 91.6% gold
  • 990 = 24 karat item contains 99.9% gold

The Flame Method

Knowing whether your gold is genuine or fake can be done using a heater. You place the item on the flame, and you could easily tell what category your gold item belongs to. If the gold item remains unfazed in the fire, it’s genuine. Fake gold changes color when exposed to heat. The effect of heating on gold can explain this – it doesn’t destroy the metal but improves its aesthetic appeal.

Testing the genuineness of gold items using heat leaves your gold plated items exposed as the gold plating gives way under the effect of the high temperature.

Via The Use of a Magnet

You can also confirm if your supposedly gold item is genuine using a magnet. Though a precious metal, gold lacks magnetic properties. It will not be drawn to the magnet, regardless of what you do. With the scarcity of the precious metal, you might experience a situation where a part of your gold item is attracted to a magnet while other portions pass the magnetic test. This hints at the unreliable nature of this approach to testing for the genuineness of your gold item.

Does It Float or Sink?

If you’re still skeptical about the status (genuine or not) of your gold item, you can try checking if the material floats in water. Gold sinks in water, but it doesn’t corrode. Should your item act otherwise, then it’s probably another metal painted gold.

Action On The Skin

Many have observed that the donning of certain supposedly gold items tends to leave colorations on their skin. This isn’t an attribute of genuine gold items.

How Much Is Gold Bullion Worth?

Regardless of the state of gold bullion, the item would always have the value of a 24K gold, which is the purest form of the precious metal.

How Much Is a Gold Bullion Coin Worth?

The state of the gold bullion doesn’t matter. The value remains the same as 24K gold.

Not sure about the worth of 24K gold? Well, 1oz of pure gold is currently around $1700.

How Much Is Gold Worth per Ounce?

1oz of 24K gold is around $1700 at the moment.

If you’re not sure about the size of the gold, it’s akin to a thickened military dog tag. With dimensions 0.95″ x 1.65″ x 0.08″, an ounce of gold is quite small.

Want the real-time price of your gold item? You can use the gold calculator on the CashforGoldUSA platform.

How Much Is a Gramm of Gold Worth?

A gram of 24K gold currently hovers around $55. It’s likely to change with each passing day.

To understand just how small a gram of gold is, take a look at its dimensions: 0.32″ x 0.59″ x 0.02.”

How Much Money Is a Gold Dollar Coin Worth?

The value of a gold dollar coin is tied to several things. This isn’t only about the purity of the gold, but the state of the coin. Its weight also plays a pivotal role in its worth. The dollar value of the coin could range from as little as $200 to as high as thousands of dollars, depending on the availability of the coin and its state.

If you are not sure about the value of your gold coin, platforms like CashForGoldUSA could provide you with a reasonable price. With the firm’s involvement in the purchase of different gold items, including coins of different types and conditions, it’s a no brainer that you should seek their input.

If you have the American Eagle, you could get around $1,700 for the collectible that weighs 1oz.

How to Sell Your Gold for Cash?

There’s the need to study the market, be sincere about your expectations on pricing, and carry out some background check on the possible buyer.

The gold market is so vast that you’re certainly going to find a buyer, regardless of the gold item you want to sell.

Scared of being shortchanged? Here are some pointers to ensure you get your gold’s worth:

  • Get an insight into the worth of your gold item. No matter the nature of the item, a gold calculator, is bound to help with a price range. For instance, your boring engagement piece could pull as much as $200, while that small gold earring might fetch you some $50 to $100 on the gold market.
  • With an estimate in mind, proceed to some upright jewelry stores in your neighborhood. It could be a pawn shop or the local business down the street that’s looking to assist people that need some cash for their gold items. If you’re not sure about how reliable these outfits are, then look at what others are saying about them in the Yelp reviews left by patronizing customers and their ratings on platforms like Better Business Bureau.
  • If your local jewelry shop isn’t giving you a good price, you can always take advantage of online gold buyers.

Due to intense rivalry in the virtual space and the desire of every competitor to have a decent reputation, you’re likely to get better prices compared to what’s obtainable with your local jewelry store. Add the inclusion of insurance coverage for the delivery process – which is done promptly – and you have a lot to gain compared to the jewelry stores or pawn shops in your neighborhood.

While there are many gold buyers online, I can only speak of the one I have transacted with – CashforGoldUSA. Beyond their A+ Better Business Bureau rating and remarkable prices confirmed by third-party platforms like Fox Business, I can attest to their reliability, reasonable estimate, and convenience.

Visit CashforGoldUSA for their prices.

Where to Sell Gold For Cash?

It’s not that hard finding a buyer for your gold, irrespective of your location. But the reliability of these outfits is put under scrutiny as many are quite shady though there’s a handful of them that aren’t.

Below are possible places to sell your gold:

  • Jewelry stores
  • Pawnshops
  • Exchange platforms
  • Online gold buying sites

No knocks on the hustle of jewelry and pawn stores in your area, but they might not offer you the best price. They might be trustworthy, but you are less likely to get your gold’s worth when trying to get cash for gold. If that’s something you can deal with, then great, settle for them.

Transacting with an online gold buying outfit comes with a lot of perks that you won’t get if you deal with your offline pals. These include:

  1. You don’t have to leave your home for a second – which isn’t possible with your local jewelry store.
  2. Due to the broad coverage of these online buyers, they have more checks and balances to contend with as the spotlight is always cast on their activities with third-party platforms like Better Business Bureau putting them on the spot with their rigorous standing evaluation process.
  3. With gold buyers like CashforGoldUSA, you don’t have to send in your item before getting an estimate as their virtual calculator provides you with a rough price based on your gold item’s data you input.
  4. The price you’ll get for your gold item is tied to a lot of things like its karat level (holds the key to the purity of the gold) and the weight of the gold item – that highlights the quantity of the gold in the item. This arrangement applies across all items, whether it’s jewelry, gold bullion, or coin.

List of Online Gold Buyers

CashforGoldUSA

Age is often considered to be just a number, but that’s not the case in the gold buyers circle as it provides insight on the reputation and financial capacity of the merchant. CashforGoldUSA has that this in its favor as the gold buyer has been in the business for years, more than many of its competitors.

CashforGoldUSA offers the best pricing for gold, and I can confirm this. Their competitors don’t come close to them in pricing. The Fox News research that discovered how CashforGoldUSA’s pricing is thrice that obtainable with its competitor’s pricing is just putting it mildly. CashforGoldUSA is a subsidiary of CJ Environmental, which has an A+ standing with BBB.

Any gold item in your possession, whether it’s a gold necklace, pendant, or any other gold jewelry, CashforGoldUSA can give you cash for gold. Gold coins aren’t excluded as the platform pays a premium price for gold coins in good condition, while others do get their price worth as well.

To transact with the CashforGoldUSA platform, you’ll need to submit your name and address through the provided spaces on the website, then choose your preferred shipping option, which could be either the US postal service or FedEx. You should get a mailer from the gold buyer within 24 – 48 hours. CashforGoldUSA will provide insurance coverage for your item, not above the $5000 mark.

With the item shipped, you are kept in the loop of the location of your gold item through the dedicated item tracking page online. If shipping is done within a week, you will get 10% of the estimate added to the price as an act of goodwill. The gold buyer’s evaluation process doesn’t exceed 24 hours. Payment is through the three different means: PayPal, bank wire, and check.

There’s always that odd chance that the value of your gold item could go up within days of selling it. Still, CashforGoldUSA is willing to add whatever increase that happens after your item has been sold through its ‘Gold Price Maximizer’ offer. This is only applicable if this increase happens within 30 days.

Want an estimate for your gold item? Head over to CashforGoldUSA.com

Liberty Gold and Silver

This is another gold buyer that’s headquartered in Portland, Oregon. Having been in operation for close to a decade, Liberty Gold and Silver is undoubtedly not a greenhorn in the gold buying business. With the gold buyer A+ BBB standing, they are certainly no mugs.

Should you decide to sell your gold item to this gold buyer, you might have to ensure the item yourself if the worth is beyond the $1000 mark (reimbursement will happen later), and shipping is only possible with the US Postal Service. If your item is below that sum, you can have the item shipped to the buyer via UPS, and the company handles the insurance coverage.

On your approval of the price, Liberty Gold and Silver’s payment options are limited to only checks, but the gold buyer can carry out a bank transfer though there’s a fee attached.

Luriya

Based in Manhattan, Luriya is another gold buyer that has been in the business for a long time with a reputation for buying gold jewelry and coins, regardless of the nature of the gold item. Typical of most top merchants, Luriya has a Better Business Bureau standing of A+.

Those residing within the state of New York can enjoy the luxury of an appointment with a representative of the gold buyer. Regardless of your proximity to the merchant, a mailer is made available to handle the shipping of your gold item. With Luriya, you have the option of using any of the popular delivery agencies like UPS, FedEx, DHL, and of course, the US Postal Service.

Luriya offers premium coverage of your gold item to the tune of $1million, but that’s only if it’s necessary, but a basic coverage of $1000 is always available. It shouldn’t exceed 48 hours of the item being shipped before you receive an offer from the merchant.

Money Metals Exchange

If you have gold jewelry to sell, you might want to avoid this gold buyer; else, get ready to be turned back. Money Metals Exchange might not be buying gold jewelry, but you can bring your gold bullion and coin without hesitation and get cash in exchange.

If you’re planning to use Money Metals Exchange, you might want to prepare to have your shipping and insurance done yourself as this gold trader wouldn’t do anything than provide you with tips on packaging your gold item. Despite the inadequacies of this merchant, its reputation is an upright one, as confirmed by its Betty Business Bureau A+ standing.

SellYourGold.com

Unlike Money Metals Exchange, SellYourGold buys all sorts of gold items, including jewelry from designers, chains, bracelets, estate jewelry, and others. Headquartered in Boca Raton, Florida, this merchant began operations in 2014 and has been growing ever since.

If you decide to transact with SellYourGold, the merchant handles the mailing of your gold item with insurance coverage of up to $25000, though this is only on request as the primary coverage is $1000. Shipping is limited to FedEx, and you can keep track of your item.

With your item shipped, you could get an offer fromSellYourGold.com in a day – as long as the gold buyer receives the item on that same day. You could get paid within a day of accepting the offer put forward by the gold buyer, and they have the basic payment options –PayPal, bank transfer, and check.

Though SellYourGold.com is relatively new to the gold buying business compared to other merchants, its Trustpilot 4½-star grade is impressive. Add the A+ standing with Better Business Bureau, and you know you’re dealing with a reputable outfit.

US Gold Buyers

This gold trader started operations around 2013, so it’s relatively new to the scene. But its reputation is topnotch with a Better Business Bureau A+ standing. US Gold Buyers buys top-quality gold items, family heirloom, precious metals, and stones.

APMEX

This merchant started operations since 2003, so it’s new to the game. American Precious Metal Exchange (APMEX) operates a unique model. APMEX doesn’t only buy gold and precious metals; it sells them to those in need as well. You can switch the precious metals in your possession if you wish through the same company – no need to get a third-party involved. If you need a storage facility for your precious metal, the company can provide such for you, but this comes with a fee. With a Better Business Bureau A+ standing, APMEX is a reliable gold buyer.

Kitco

This merchant is among the most prominent enterprises in the sector. Based in Canada, this gold buyer has been in operation since 1977.

Kitco is buying and selling precious metals like gold, silver bullion, silver coin, sterling silver, and many others. Besides transacting the metals, the company also has a profound stake in gold price indexes. It also promotes the growth of the industry by creating contents of different formats revolving around the potential of precious metals.

While you can sell your gold bullion and valuable coins to the merchant, it won’t touch your jewelry or scrap gold or precious metal with a barge pole. However, this doesn’t stop the outfit from transacting such items with jewelry stores and other stakeholders in the business.

JM Bullion

This buyer only buys gold and silver coins, but they have to be worth at least $1000, so you might want to rethink your patronage if your gold coins aren’t that valuable. It’s worth noting that this JM Bullion is more involved in the business of selling precious metal coins and estate jewelry, though it handles Gold IRA brokering on the side. As far as reputation goes, its Better Business Bureau A+ standing is enough proof of the reliability of this gold trader.

American Bullion

Though American Bullion started operations in 2009, this outfit isn’t a gold buyer as they are devoted to the transfer of personal assets to precious metals like gold, silver, and others. If you plan to buy some gold items in the future, you shouldn’t hesitate to use their services as they have a Better Business Bureau A+ standing.

Goldco Precious Metals

Similar to American Bullion, Goldco doesn’t buy gold items, specializing in the act of assisting those looking to increase their precious metal IRAs by utilizing their current assets. If you’re looking to sell your gold, Goldco is undoubtedly not everyone’s cup of tea, but most precious metal enthusiasts find their services worthwhile. And don’t forget they have a Better Business Bureau A+ standing, which suggests they’re as reputable as the best in the precious metal industry.

Where Is The Best Place to Sell Your Gold Online?

Within the virtual space, most of the platforms highlighted above stand out, but CashforGoldUSA stands taller than the rest, as confirmed by thorough scrutiny of these entities.

Where Is The Best Place to Sell Gold Bullion?

There are different places to sell your gold bullion, but CashforGoldUSA.com remains a viable option if you’re looking to get the best price for your item. With the gold calculator available on their site, you can quickly put a figure on the worth of your gold item. Also, all the information you need to sell your gold swiftly and get cash in return is displayed.

What Is The Best Way To Sell Gold Coins

Considering the increasing value of gold at the moment, your gold coin could fetch you a load of cash, depending on the nature and condition of the coin. You might want to stop by the local buyers of gold coins in your neighborhood like the pawnshop to get a figure. If you doubt how reliable the gold coin buyer is, the opinion of previous customers through review platforms like Yelp should help.

If the pawnshops offer unreasonable prices, you can surf online platforms like eBay for similar gold coins that have been put up for sale.

With the global demand for gold on the increase and the geometrical rise in price, bigtime gold merchants have been hit with a wave of scarcity, which should favor those looking to sell their gold items.

Where to Sell Gold Coins and Gold Bullion

Gold bullion is often the purest form of gold, as it’s a popular choice for those looking to invest their resources in precious metals like gold. Gold bullion exists in forms such as coin, bar, or ingot. Though among the purest form of gold, you can sell these items on platforms such as CashforGoldUSA, I’d recommend selling the bar to a gold mint.

Whenever I’ m cash-strapped, my jewelry collection is the item I fall back on to get me out of the hole. Often, I would opt to seek out my local dealer, but I always felt cheated whenever the deal is done. At some point, I decided to go digital; then, I stumbled upon CashforGoldUSA.

Mistrust did creep in, but the risk involved wasn’t so overwhelming when I saw their Better Business Bureau rating and the reviews by previous clients.

CashforGoldUSA Review

You can’t talk about precious metal buying without the name CashforGoldUSA coming up. Yes, they are that popular. To make things even more interesting, the outfit has a Better Business Bureau A+ standing, pointing to their status in the industry.

Pricing is always a touchy subject when people are looking to sell their gold or other precious metals. Fortunately, CashforGoldUSA.com is offering a pricing model that’s significantly higher than the competition, confirmed by an investigation done by the non-partisan Fox News.

If you have diamond items to sell, CashforDiamondsUSA might be worth looking at.

To sell my gold items on the platform, I confirmed the price was okay with me using their gold calculator. With that out of the way, I entered a few personal details – name and address –then I was asked to pick a mailer between the US Postal Service and FedEx.

It wasn’t up to a week before I got a mail confirming that CashforGoldUSA had placed my gold chain on a $5000 insurance premium, requesting I delivered the item according to the instructions provided, which I did.

Payment arrived sooner than I expected as I got a check (I always prefer checks) in less than 24 hours since I made the delivery. The entire process went smoothly, and I got about $560 for my gold chain.

FAQ about CashforGoldUSA

Is CashforGoldUSA legit?

CashforGold is undoubtedly a legit outfit. You shouldn’t hesitate to sell your gold to them. They are professional and credible, as confirmed by their Better Business Bureau A+ standing while offering the best price for your gold.

Does CashforGoldUSA Have Restrictions On The Items They Accept?

CashforGoldUSA is renowned for buying gold items of different grades. If you have other precious metal items like diamond rings, silver coins, silver bullion, sterling silver, sister sites like CashforDiamondsUSA should do just fine. The company is open to all gold jewelry, regardless of the condition of the item – as long as it has some amount of gold in it.

If I Am Not Pleased With The Amount Offered, Can I Get My Gold Item Back?

Of course, you can. But you must reach out to CashforGoldUSA quickly – at most ten days from the time payment was made, and the gold buyer will send back your item at no cost, shipping inclusive.

Can I Sell My Dental Scrap On The CashforGoldUSA?

The sister site of CashforGoldUSA, which is CasforDentalScrap.com, is dedicated to such ventures. But the merchant is known for buying precious metal crowns, caps, and other similar items. Despite the nature of these items, you shouldn’t have a problem shipping them from your location.

How Much Does CashforGoldUSA Pay?

It’s easy to know the amount of money you’ll get from the gold buyer for your item as CashforGoldUSA has a calculator which, by entering the details of your gold item, provides you with a price estimate. And you get 10% of the estimated price added if the item is delivered in less than a week. If you’re not comfortable with the price, getting back your item is an easy process with no fees attached.

CashforGoldUSA Complaints

CashforGoldUSA has seen the occasional complaints arise, but nothing related to failing to pay for items delivered. A few complaints about the site’s parent company CJ Environmental on the third-party platform, Better Business Bureau, were mostly from below-par customer service, but the company responded appropriately.

It’s worth reiterating that CashforGoldUSA and Cash4Gold are two different entities. The latter is a legal and reliable gold buying company. Cash4Gold is the merchant that’s at the center of scam allegations and several ongoing litigations.

Besides CashforGoldUSA, Can I Sell My Gold To Another Legit Gold Buyer?

Sure! There’s also Worthy that might be ‘worthy’ of your attention and precious stones items with prices quite significant, depending on the brand name attached to the item.

Worthy isn’t a paperweight in the industry as the company has made appearances in Forbes, New York Times, and others. Its Better Business Bureau A+ standing is an indication of its capability and efficiency in meeting the demands of those looking to sell their gold items.

Worth has an incredible reputation for buying jewelry of different types like classic jewelry, estate, and others. To fast track the exploration of the potential of gemology, Worthy sponsors the activities of the relevant non-profit organizations like the International Gemology Institute and its American counterpart.

Visit the Worthy’s website, and you should get estimates for your valuables sooner than you can imagine.

FAQ on Gold Jewelry

What Is Gold Filled?

A gold-filled item has a layered arrangement with a central non-gold metal and the adjoining gold alloy connected to it by welding. Current legislation demands that 5% of the gold-filled jewelry’s weight must be constituted by gold.

What Is Gold Vermeil?

Gold vermeil is gold-plated silver. Though the purity of gold used is usually of the highest grade.

What is Gold Plated?

This is based on the principle of electroplating, where metals like silver are plated with gold.

What is White Gold?

White gold isn’t just the regular gold but a combination of a few metals, including gold, which explains the white metal appearance of the gold.

What is Gold Used For?

Gold has a lot of benefits. The precious metal for more than its alluring appearance. Its resistance to corrosion and the ease of conduction makes the metal a highly sort raw material in different industries:

Healthcare. Gold plays a massive role in the treatment of the symptoms of arthritis, as well as the easing of stress and anxiety.

Computer technology. Metal is used in the manufacturer of electronics.

Aerospace. Gold-coated films are used in space vehicles.

Interesting fact. Did you know that the great depression saw an astronomical increase in the price of gold?

Final Verdict: Cash For Gold Near Me

Being in a financial quagmire isn’t a bad thing. We have all been there. If you’re lucky to have gold items that are currently gathering dust in your home, then you are one step away from getting out of your predicament. Selling your gold for urgent cash can help you get back on your feet, and with the current high price of gold, you have no excuse.

See more: CashforGoldUSA

This article has been financially reviewed by Ben Heir, CFA Last Updated on May 18, 2020 by Philip Horton.

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Author

Philip Horton

Philip Horton

Philip is the Head of Content for OnlineMoneyPage. He is responsible for researching and writing articles. He is also one of the co-founders of OnlineMoneyPage.

He is an experienced finance professional with a proven track record in the field of financial advisory. He has a proven history of success in clients’ personal finance planning. His core competencies include: Financial Planning & Analysis, Budgeting & Forecasting, Financial Modeling, Income Streams Improvement, and more.

Philip holds a MA degree in financial management and is a CFA and CFP charterholder.

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