BBB Tip: Selling your gold pieces

(KVOA) – The Better Business Bureau (BBB) said that many people think selling gold is a common way to bring in quick cash but figuring out the right time to sell gold can be both a personal and financial decision. Regardless of your motivation, there are several factors the BBB recommended people consider when looking to sell gold pieces. Choose items wisely. Don’t be in a rush to sell. After picking out your potential items, wait a few days to re-evaluate your decision. Selling items that are mismatched, have broken pieces, or outdated items are a great start. Also, consider items that have no/low emotional attachment.

Know your items. It is rare to have items made of 24-karat gold, the maximum karat reading, as it too soft for use in most jewelry. In the U.S., most jewelry is either 10-, 14- or 18-karat gold. Jewelry stamped with a “GP” […]

Click here to view original web page at kvoa.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.