3 Questions to Ask When Trading Cash for Gold in Milwaukee

by | May 4, 2015 | Jewelry

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Do you have unused or broken gold jewelry sitting round? If so, you might want to consider getting some cash for your gold. You can trade locally and get Cash For Gold in Milwaukee. However, before taking your gold to the nearest retailer, there are some questions that you should ask.

What’s a Fair Price?

Before trading cash for gold in Milwaukee, it is important to research what the current prices of gold are. This is important because when you are shopping around for the best rate, you want to make sure you are getting a good deal for your gold. You also need to keep in mind that the price you are paid is a percentage of the melt value, and therefore gold coins and bars are going to be worth more than pieces of jewelry.

Is There History?

Before taking your fine jewelry in, you should do some research on it. Pieces with a unique history will be worth a lot more, and you may not want to take it in somewhere where it will be melted down, but will also buy and sell it as is. Also, if your jewelry has sentimental value and you do not wish to see it be melted down and turned into something else, you may want to consider hanging on to it as a family keepsake.

Is the Dealer Trustworthy

As with any trade, you want to make sure the person you are doing business with is trustworthy. One way to tell is if they are a licensed commodity broker. You do not want to take your gold into just anyone offering cash for it because you want to get the best deal possible. Harry C. Glinberg Jewelers who trades Cash For Gold in Milwaukee is known for their fairness in prices and getting their customers the best deal for their gold.

It is important to ask the right questions before trading your gold in for cash. Find out what the current prices are for gold so that you know you are getting a fair deal. Find out what is going to be done with the gold after you trade it, especially if you do not want those heirloom pieces melted down. Finally, make sure the broker you are trading with is licensed and trustworthy. You can also visit them on Facebook for more information.

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