Whilst there are a number of ways to sell gold for cash, two of the most frequent ways are to use an online gold buyer or visit a high street gold buying shop. Both of these have their particular benefits, so it can be tricky to make a decision about which one to use to sell your gold for cash. You should look at the pros and cons of each method and decide which is the most convenient and potentially lucrative for you. There are a few external aspects which you should also take into consideration when making your decision.
If you decide to sell gold for cash via the internet, you have to ask for a gold pack to be sent to you from your chosen online company. It can take from a few days to a few weeks to receive your package. Visiting a shop personally can mean that your transactions can be completed within a day. However, you should take into consideration that you could potentially use a lot of fuel or spend money on train or bus fares if you live a long distance from your chosen gold buyer. The online method is free, even if it does take a while longer to complete the process and receive your money.
Selling your gold in person can provide you with instant cash as the process can be completed while you are there. Using an online gold buyer will obviously take longer as they will assess your gold items and determine their offer on a queue system. The ultimate decision may depend on whether you have an urgent need for the money or are willing to wait a few weeks. Visiting a gold buying shop can be preferable to you as you are on site when the gold assessment is taking place, making you feel less likely to be swindled. Completing the selling gold for cash process online will obviously be at an unknown location with no interaction on your part.
When you have sent your gold to an online gold company, you will be contacted in due course with an offer for your gold items. You then have the option of either accepting or rejecting the offer. If you are not happy with their offer, they will return the gold to you. However, doing business with a high street gold buyer will require you to spend the money on transport to and from the premises, whether you accept or reject the offer you are made. The online method to sell gold for cash is free of charge. The package you are sent to put your gold in is postage paid, as is any return mailing costs. So, in terms of expenses incurred, the online method is cheaper but you may prefer the personal touch of a high street gold company. Whichever method you choose to sell gold for cash, you can still achieve a decent amount of money from your gold possessions.
