1. Check the Current Spot Price
- Use reliable websites like goodreturns.in to know the real-time market value of gold and silver per gram or ounce.
2. Understand Your Items
- Know the karat (e.g., 18k, 22k, 24k) for gold and the purity for silver (e.g., sterling silver is 92.5% pure).
- Determine whether your items are solid metal or plated, as this affects their value.
3. Weigh Your Items
- Weigh your gold and silver on a scale to estimate their worth based on the spot price.
4. Research Reputable Buyers
- Look for established businesses with good reviews on Google, Yelp, or BBB.
- Verify their credentials and avoid shady dealers.
5. Get Multiple Quotes
- Visit several buyers (gold buyers,jewelry stores, pawn shops ) to compare offers.
6. Avoid Middlemen
- Whenever possible, sell directly to refineries or well-known buyers to avoid losing money to intermediaries.
7. Beware of Scams
- Be cautious of buyers who pressure you or make very low offers.
- Avoid mailing your items to unverified online buyers.
8. Negotiate
- Use better offers from other buyers as leverage to negotiate a higher price.
9. Understand Fees and Deductions
- Some buyers deduct refining or melting fees from the offer—ask upfront about these costs.
10. Document the Sale
- Get a written receipt that includes the weight, purity, and price paid for your items.
- This protects you in case of disputes.
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