Buying and Selling Scrap Gold and Silver for Maximum Cash
The garage and tag sale season is about too begin in this article I will tell you how you can make some serious cash buying and selling scrap gold and silver with the metals hitting record prices never has there been a better time to get in on this business. You can make a nice part time income by doing this I say part time because most sales occur on the weekend but some do start on Friday or mid week keep your eyes open for these they might have profitable finds, Or get the word out where you work that you are buying these metals.
Plan your day to hit as many sales as possible and remember the early bird gets the worm Go to sales in the higher rent district these people will have more of these items obviously then poor people. Personal tragedy happens and the need for instant cash happens too everybody.
These are the items you are looking for Class Rings, Cluster Rings, Tangled Gold Chains, Gold Watches, Bent/Broken Jewelry, Unmatched Gold Earrings, Items with missing stones, Gold Pins/ Broaches, coins bracelets and necklaces are things that you are looking for.
In the United States, anything that is not at least 10 karats (42 percent gold) cannot be legally sold as gold. Anything that you purchase that is real gold should have the karat amount stamped into the jewelry. On rings the stamp will be on the inside and on necklaces and bracelets the stamp will usually be somewhere on the clasp.
For sterling, the mark will be either the numbers 925 (meaning 92.5 % silver, which is sterling) or a "sterling" stamp with the words. Near the clasp should have the mark, it would be at the end of the chain if anything. Sometimes the mark is on a little flat looking ring at the end of the chain, so check around.
What to look for if you do not see something ask for it. Ask for broken old class rings dental gold unmatched earrings, broken jewelry, coins. Remember the old saying “ The squeaky wheel gets the oil.
Now comes the most important part of the business sealing the deal. Always be positive comment on what a nice piece of property they have if that is not appropriate what nice day or say something nice look the person your dealing with in the eyes and smile be upbeat. People love nice things being said about their children, pets or property. Going into the transaction with positive energy will lead to positive results got to remember they might be on the edge of deciding if they want to sell a particular item it might have sentimental value perhaps it’s a family heirloom, if they like you they might part with the item. Remember you are not there to make friends you are there to make money. Do not cheat the people you are dealing with I firmly believe in do on to others ass you would like others dealing with you. Get to the sales early as possible these are highly liquid items if you do not buy them somebody else will. Bring cash, that’s what ninety nine percent of the only accept.
Selling what you have go to several sources get prices from a few parties remember these items are in demand. Remember gold and silver go up in value over time metals you are not in a hurry to get rid of what you have. Coins and certain pieces of jewelry have an intrinsic value consult the web to find the value.
To check the current price of gold and silver go too these websites.
http://goldprice.org/live-gold-price.html
http://silverprice.org/
Go to local sources first then go online. If you find the best prices on line be sure and send it with insurance and go to http://bbb.org to check the company’s reputation you are dealing with. You can also auction it off on eBay, just make sure you check the buyer’s feedback rating and do not send anything overseas too Pay Pal buyers they might say they never got it and Pay pal will charge you.
So go out this weekend and make some money.
Peter Flack alias PE7E is the web master of PE7E.com has been in the electronics computer field for over twenty five years resides in Long Island NY. offers one on one training, repairs, upgrades and also sells on Ebay and Amazon.
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