Listen, we get it. Selling gold, whether online or at your local gold buyer shop can be crazy intimidating, largely worrisome, and regardless of how great of a deal you received, you always feel like you got ripped off.
Fortunately for you, it doesn’t have to be that way. Welcome to Trusted Gold. We took it into our own hands to review, chat with, visit, and ultimately recommend some of the best gold buyers in your local market. Whether you’re living in downtown Toronto, or in the suburbs of Halifax, we’ll be able to find you the best solution and company so that you can get the most money for your gold.
I built this website after selling my grandmother’s wedding ring and getting completely ripped off. I was young, broke, and naive when it came to the value of gold. I hate telling the story so I won’t go into too much detail, but lets just say I parted with a very expensive family heirloom for pennies on the dollar. It was painful enough having to sell the ring, but it stung even more when I realized how bad I got ripped off.
We don’t have all the answers here, but I promise that we can find them, or will certainly try our best to help you with any questions or problems you have when it comes to getting cash for gold and selling your gold jewellery.
Where to sell gold
That’s the ultimate question isn’t it? Where should I sell my gold? We’re in the process of reviewing companies in as many cities as we possibly can. We understand the need for connecting with a reputable gold buyer and we strive to solve that headache for you.
Click here to find out where to sell gold. We are looking forward to helping you out.
What about selling to these online cash for gold companies?
I get asked this question a lot, and to be honest, there are some great online cash for gold websites out there. Personally, I like seeing my gold being weighed in person. When I was ripped off selling my grandmother’s ring, they either never weighed it or I didn’t see them do it (I know I know, big mistake). Not that it would have made a huge difference because I was uneducated and I didn’t even know the value of gold at the time, but their way of negotiating was just awful.
Long story short, I blame not seeing them weigh the gold as the main reason I got ripped off. So yes, there are some great websites out there where you can mail in your gold, and have them mail you back cash, but at the end of the day, who knows what the final weight was.
Dedicated Gold Buyer vs. loan or money shop
This industry is full of all kinds of different companies. From high end jewellers to pay day loans, and just about everyone in between wants a piece of the “cash for gold” pie. Just because a gold buyer advertises that it buys gold, doesn’t necessarily mean they’ll pay top dollar for it.
Tips for getting the best price on your gold
These are fairly straight forward.
1. Always weigh your gold before you go in to a store.
I don’t care if you have to pay a few dollars to buy a little food scale at your grocery store ahead of time, you always need to know how much gold you have and what karat it is. You need to educate yourself on this before you ever step foot into a gold buyer’s shop.
2. Call ahead of time.
Don’t waste your time going gold buyer to gold buyer without knowing their advertised rates. Call ahead of time and ask them how much they are paying for a gram or ounce of gold. If you know how much your gold weighs and what you can expect to get, you’ll have a good idea of how much money you should be walking away with.
3. Expect some level of negotiation.
Negotiating is a dying skill. I’m not saying the gold buyer is going to try to rip you off, I just always feel you should try to get a little more when it comes to this industry. Most shops will leave a little wiggle room on offers so that in case you do push back, they have somewhere to go.
It’s important to note that some shops stick to their advertised prices and that’s that – and to be honest sometimes those shops are some of the best to sell your gold to. I’m just saying it never hurts to try.