Where do u sell your gold with out getting ripped off ?

[H-2 CHARLIE]

Just would like to hear where you guys dump the goods off at and how they add it up .

 

[kdbrich]

Those tv commercials that tell you to send it in?

 

[Reed Lukens]

ebay

 

[DaleGM]

95% payback, give it a gander..........Precious metals buyers, smelters, refiners of gold, platinum, silver scrap metals, dental gold scrap, platinum thermocouple wire, crucibles, silver scrap. Gold refiners, platinum scrap buyers, recyclers karat gold jewelry. Sell gold, platinum and sil

 

[jerseyben]

"Ripped off" is a relative term that could mean anything.

 

[tlowery04]

i take mine to an assayer, he melts it all down into a glob and scores its K content. then lops off a chunk for his fee. Then I take that to the jeweler, who gives me the equivalent in 24K gold shot in exchange for another small percentage. When it comes time to sell, a lot of jewlers will buy the shot from you at or just under spot because its cheaper than buying through a jewelery supply wholesaler. OR you can sell the 24K gold shot on ebay or whatever you want at spot because its 24K not some cruddy mix. Next time though I think I'm just going to keep the lump of mixed gold, it looked WAY cooler than the shot in a pill bottle.

 

[jerseyben]

i take mine to an assayer, he melts it all down into a glob and scores its K content. then lops off a chunk for his fee. Then I take that to the jeweler, who gives me the equivalent in 24K gold shot in exchange for another small percentage. When it comes time to sell, a lot of jewlers will buy the shot from you at or just under spot because its cheaper than buying through a jewelery supply wholesaler. OR you can sell the 24K gold shot on ebay or whatever you want at spot because its 24K not some cruddy mix. Next time though I think I'm just going to keep the lump of mixed gold, it looked WAY cooler than the shot in a pill bottle.

Maybe I am missing something but sounds to me like you have 1 person too many with their hands in the pot on this transaction. No?

 

[tlowery04]

you can look at it that way, but i prefer having 24k in my collection, i'm sure you could go to a number of jewlers and try to just sell the items for metal content. Actually, I know of one jewler that buys jewlery at spot for cash, so it pays to shop around i guess. last time we cashed in our gold it was close to 5 ounces in 24k shot. It was also 450$ an ounce at the time.