Weighing gold at home is the most important precaution to take in selling used gold safely.
It doesn’t matter if the scale is not accurate to the tenth, even the classic kitchen scale is sufficient. What matters is to have a clear idea of the weight of the metal that will be valued.
In recent years we have seen too many journalistic services showing unfair shopkeepers using rigged scales to show a much lower weight than the real one.
It, therefore, becomes of fundamental importance not to be found unprepared and to go to a shop with a clear idea of the weight of your metal.
Study The Reviews Of Gold Buyers
Those who sell used gold to find the right gold buyer must take advantage of a very powerful web tool: Google reviews.
The testimony of past customers is very useful for choosing the right place. If a shop that has been open for a long time has none (or very few), you should be suspicious.
My advice is to pick one with lots of positive reviews and read what people think about it.
The possible presence of some negative reviews does not necessarily have to be seen as a negative thing, indeed sometimes it is quite the opposite.
Often those who work honestly and are very popular attract the envy of some competitors who can do nothing but throw a bit of mud with obviously invented reviews.
Read the shopkeeper’s answer carefully, if he is not at fault, you can be sure that his answer will be much more convincing than the fake review.
Ask For A Telephone Evaluation.
Before leaving the house, call the chosen gold buyer and ask him for a telephone estimate of your metal.
Very often some shops refuse to do it, giving the most disparate excuses. They tell you:
“You have to see the carat weight of the metal to be able to estimate it…there may be stones that need to be scaled based on their weight…there is the problem of the gold price… “
Here usually the most common excuse is the latter.
As I wrote earlier, the value of gold is not fixed but in constant flux. It is therefore not possible to know what price the metal will have in a few hours, it could have increased, or the opposite.
Taking advantage of this aspect, many shopkeepers refuse to make a remote evaluation since the gold price will certainly be different from there in a few minutes.
The speech as you understand by yourself doesn’t hold up one bit!
First of all, when a remote evaluation is done, it is clear that it is an estimate. It only serves to indicate to the customer, an idea of the value he can obtain from his valuables.
It is therefore sufficient to estimate the metal as 18-karat gold which is the most common carat weight, without considering any stones, and to calculate the price based on the current stock exchange quotation.
It is obvious that when the customer shows up in the shop if the quotation has changed slightly in the meantime (and we are talking about a few cents at the most), the offer will also be affected by that small change.
The only reason why some buy gold don’t do telephone evaluations is that they offer a low price, but so low and inadequate as to be aware that if they told you, you would never go to them.
In other words, they are not competitive with the offers of the best gold buyers.
