There are three steps to selling gold in Houston. Gold and silver buyers have actively sold their pieces in recent years. This is because of the increased price of the commodities. Collectors who purchased gold during the 60′s, 70′s, 80′s and 90′s are profiting on current prices. This leaves a collector asking: How do I sell my gold. The answer to this question is complex. There are many companies that have evolved because of the increased value of gold. There are a few questions that every seller should ask before selling their valuable pieces. The following three steps will help sellers make the best decision when looking to sell gold.
Know the Value of Your Gold
Unfortunately, many sellers will learn that their gold pieces are not valuable. Through the years, many companies sold gold pieces that were not pure. Owners will find the following label on these pieces: .999 Gold. Often, these pieces were labeled as “fine” gold. Most pieces were plated with gold. Owners should understand that these are not pure and have no value for gold exchange. Houston residents may have gold coins or jewelry to sell. There are many stores that buy the pieces, but they are not all created equal. Knowing the type of product you have is important for selling gold. Coin exchanges are ideal for selling pure gold pieces.
Know How Gold and Silver Buyers Weigh Your Pieces
Professional collectors, exchange stores, gold stores and pawn brokers are all gold and silver buyers. Each location calculates differently the price they pay for gold. Generally, the price takes into account weight, condition and current gold rates. Sellers asking, “Where do I sell my gold” should consider a coin exchange store and professional collectors. Generally, they pay more money. Also, they tend to be more accurate when weighing pieces. Gold is weighed by troy ounce. A troy ounce is not the same as an ounce. Pieces can be undervalued when weighed by the ounce. An ounce is approximately 9% different in weight from a troy ounce. Sellers should pay attention to the unit of measurement being used to weigh their gold.
Where to Sell My Gold in Houston Fast
Coin exchange stores pay immediately. Sellers are able to enter the store, have their pieces evaluated, receive an offer and walk away with a full payment. Generally, stores such as pawn shops and gold stores have waiting periods to receive full payments.
9502 N Sam Houston Pkwy E
Suite # 105
Humble, TX 77396
Wilson Rd @ Beltway 8 behind Walgreens
Email: ProCoin@ att.net