Wednesday, 9 September 2015

How To Find A Reputable Gold Dealer In Toronto

By Daphne Bowen


If you have tried to sell a gold piece you probably are aware how hard it is to find an honest buyer. You will come across so man dealers out there that making your decision will be difficult. Most of those dealers are buying are not even certified to buy the metals. This means that there are so many fraudsters out there. This makes it even more important to find a reputable gold dealer in Toronto.

Since there are so many buyers out there that are not certified asking to see their credentials is very important. It helps to find the legitimate sellers from those that are not legitimate. The more the years they have been in business the more experience they have. This means that they have better value. Choosing these companies with more years of experience is better.

Choose those that have the most experience as they will give you the best value. It is very important that before you sell you should have an independent appraisal. This will assist you get the rough cost of your piece. Some pieces are more valuable if they are sold to be smelted. Others are more valuable if they are sold as they are a piece of art.

There are so many cases where pieces vanish during shipment. Apart from getting a rough estimate of the value of your piece, they will also assist in giving you proof of the cost of your piece in case it is lost during shipment to the buyers. To prevent such cases, make sure you look at the buyers policy of reimbursement in case something like that happens.

Comparison of prices should never be over looked. You need to get different quotes from different buyers in Brampton ON so that you choose from the top paying. The prices will be different from one buyer to another. The difference arises from the fact that the companies are not the same. There are those that are bigger than others and there are those that are small.

When going to make a sell it is important that you be as realistic as possible. Some people usually expect the fact that they are selling gold they will get rich. This is not the case since most of all the jewelry is not made entirely of gold. The gold present is usually a percentage and the rest is base metals. Because of this the buyers will conduct a test on your piece to determine the gold percentage.

Do not be fooled into choosing one of the companies that advertise the most. Advertising usually costs a lot and the companies make these payments by paying the sellers less money for their pieces. This means that will give you less amount for your valuable jewels. Advertisements usually eat into the profits of each company.

Selling to smaller companies in Brampton ON are preferred. This is because they sell at higher prices than the big companies. You can find these small companies from the internet or you can ask around for referrals.




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