I had my husband take a gold item in to see what a few local ‘gold’ shops would give for it.
I gave him strict instructions not to sell it unless they offered a fair price, which I gave him.
2 local shops offered 65.00. That’s about $10/gram for 14k. That’s a rip off.
I don’t MIND leaving $ for someone else to make, but gold is valued TODAY around 27.40/gram for 14k. That’s DOWN since last week when it was $29.00. Ebay scrap dealers will give you MUCH closer to the actual value.
There’s a reason these “Sell Your Gold” places are popping up left and right. They are robbing people who don’t even know any better.
I have consistently done better selling my gold on eBay, even with their cut. I’ll save tips for determining a fair price and for how to list gold on eBay safely for another post.
