I GOT GOLD... now what?

[SpartanKen]

As I sit here waiting for my Ace 250 to arrive on Monday. I keep watching youtube videos of different finds and styles of detecting. Then it dawned on me, great you found a 10k gold whatchamacallit call it... Now what? Where do you take your finds?

Do you take rare coins to the ebay market or to coin dealer? Gold necklaces and rings to ebay, coin dealer or refineries?

Relics?

I doubt I will keep much and most likely will flip all I can to upgrade/purchase more detecting equipment. At least to start.

Ken

 

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[pong12211]

Go throught a scrap dealer or try to sell it on ebay. Unless you find something especially good say a platinum ring with a nice diamond then I would recomend going to a jewler. Just my opinion.

 

[bigfoot1]

I posted this last week..you may like it



how I sell my finds..part deux

 

[ARC]

As I sit here waiting for my Ace 250 to arrive on Monday. I keep watching youtube videos of different finds and styles of detecting. Then it dawned on me, great you found a 10k gold whatchamacallit call it... Now what? Where do you take your finds?

Do you take rare coins to the ebay market or to coin dealer? Gold necklaces and rings to ebay, coin dealer or refineries?

Relics?

I doubt I will keep much and most likely will flip all I can to upgrade/purchase more detecting equipment. At least to start.

Ken

Ken... Just like you are starting out in metal detecting... you are actually starting out in several other things as well...
As you learn this hobby/sport/lifestyle (which ever you prefer to call it)
You will become a collector of many things if you are smart about this...
One of the things you should begin collecting is...
information and knowledge.
Ask around in your area... A great place to start is your local flea market(s).
Try walking the markets for a few times paying attention to the dealers who deal with metals/rings jewelry coins etc. and have similar stuff as you have found etc.
Ask some friendly talkative ones who the best to "scrap with" is in the market... but a preferred local place's name will come up over and over.
This is where you will want to hunt out to take your stuff that is precious metal usually.
Also...
One technique is to call around all the adds in the phone book and OR on t.v. in your area of jewelers/coin dealers/etc who advertise "we buy gold" etc.
Call each one up and ask this... How much are you paying on one troy ounce of 14k (write it down for each place).
Do this for each ad.
At the end you will see who is offering more on it....EVEN if you do not have a troy ounce and maybe only one ring or whatever does not matter.
The point was to see which dealer is offering the most OVERALL.
This will be your first buyer until you find a better one.
With time you will learn where your best buyers are for all different types of items.

 

[CincinnatiKid]

What bigfoot1 said x2.
Checkout his thread.
Peace ✌

 

[MUD(S.W.A.T)]

Hey,

I've been doing this for 10 years granted that's not a lot for some of these guys but.... I discovered you can sell your junk for more than your gold and silver... So keep your gold and silver and sell the junk relics and things that don't appeal to you. Either way your going to need an online auction site to sell on. If its here or somewhere else, don't matter you need to do that. You need to get a price guide and try not to ever sell to a dealer. Unless you find an honest one, that can take time to get to know someone. Make sure you find out what things are worth, you'll think a rusty piece of trash is worthless but you end up selling it for $100's

Keep @ It and HH!!

 

[Higgy]

My gold and silver (including coins) are added to the horde. Good-condition coins are added to my personal collection if significant, otherwise they become fair trade.