Not all buyers are equal, and to maximize your offer, finding and working with a reputable, trustworthy, and experienced team can minimize common pitfalls and issues sellers might experience.
We can confidently say that Cash For Gold USA is the #1 place to get a fair market offer for gold and jewelry online. Here’s why:
- We guarantee we’ll beat any competitor’s price for jewelry, gold coins, silver coins, diamonds, and more.
- We process all payments within 24 hours.
- We provide free shipping materials and a complimentary FedEx pickup can be arranged right from your home.
- Your shipment can be insured for up to $150,000.
- We are rated the #1 gold buyer by independent tester Top Consumer Reviews.
- Items shipped back to us within 7 days receive a 10% bonus.
- Get a free, insured Appraisal Kit and start selling gold now.
Where to Sell Gold: Should I Sell Online or to Gold Buyers Near Me?
So, where do you sell gold? We’ve all seen signs for local cash-for-gold businesses, pawn shops, and jewelers who will buy unwanted jewelry and precious metals. When looking at “gold buyers near me,” they might be perfectly reputable, but being close by isn’t an indicator of quality or trustworthiness. You may be subject to working with a relatively small set of options based solely on location.
When you sell gold online, you have access to a wider variety of companies from the comfort of your home. In this case, you can choose the best buyer for you—not just the best one within 25 miles. Online buyers also don’t have the overhead costs of running a brick-and-mortar store, so they’re often able to offer higher prices. There’s also strong competition online, which can drive up the amount they pay. So, looking for “gold buyers near me” might not be the best choice for you.
Where to Sell Gold in NYC
New York City has plenty of places to sell gold. Walk through the Diamond District, and you'll find jewelers competing for your business. Head to Brooklyn or Queens, and local pawnshops and gold buyers offer their own kind of deals. But we all know navigating NYC traffic, hailing taxis, fighting commuters on the subway, and dealing with packed streets usually isn’t worth the hassle. Selling your gold online with Cash for Gold USA means skipping the crowds and getting a top-dollar offer from the comfort of your home.
Where to Sell Gold in Los Angeles
There are so many gold buyers in Los Angeles, from the high-end jewelers in Beverly Hills to the local pawnshops and “we buy gold” stores in every neighborhood. But do you really want to jump on the 405 or 101 to try and sell your gold, especially if it is broken jewelry? How do you really know the best place to sell gold in Los Angeles?
Do you know your gold jewelry, even if the gold rings, gold bracelets, and gold chains are broken, still has value for us? That means you can turn it into cash and don’t have to jump on the freeway. You can sell gold online with Cash for Gold USA, which offers an easy and efficient alternative. Get a competitive offer without getting off the couch. Just request a free Appraisal Kit.
Where to Sell Gold in Chicago
If you want to “sell gold near me” in Chicago, you have plenty of downtown jewelers and suburban gold buyers from which to choose. You can get on the Kennedy or Dan Ryan, but why? Just to get an offer that will likely be lower than one you will get from an online gold buyer like Cash for Gold USA?
If you do decide to battle traffic, deal with those downtown streets, and spend time finding a parking spot, you don’t have to settle for the offer. We have a Price “Beat” Guarantee that we will beat any legit offer, and you are under no obligation to accept it.
Where to Sell Gold in Boston
Similar to New York, Boston has a rich history of jewelers and gold buyers. The historic Jewelers Building was built in the late 19th century. However, getting to the downtown jewelers means fighting traffic, and forget it if the Red Sox are playing a day game. Who wants to fight Boston traffic, especially on Storrow Drive, and deal with all of those tiny side streets to avoid paying to park in a parking garage?
You can avoid the stress when you sell gold online instead of trying to “sell gold near me” in Boston. We have simplified the process to sell gold online, whether you are in a metro area like Boston or in rural New Hampshire (or Vermont or Maine).
Selling Gold in Dallas
Texas has seen a lot of population growth, and the Dallas/Fort Worth area has contributed to the Lone Star State’s rise. This has helped turn Dallas into a thriving market for gold. The good news is it is easy to find a “gold buyer near me” in Dallas. However, you might spend up to an hour or more in traffic: 30 minutes there and 30 minutes back, longer if it is during rush hour.
A joke about Houston seems to fit here: When you are in Dallas, you are still an hour from Dallas. Save yourself the aggravation and hassle, avoid I-35 and I-20, and rest easy knowing all you need to do is request a free Appraisal Kit from Cash for Gold USA to get a competitive offer that will spare you the congestion that is Dallas traffic.
Should You Sell Gold or Pawn Gold?
Although both selling your gold and pawning it can put much-needed cash in your hands, there is a significant difference between pawning vs selling.
Pawning occurs when you take your items to a pawn shop. The business will offer you a loan on your items, giving you a specified amount of time to return and pay the loan back.
The main advantages to pawning include:
- Access to immediate finances as short-term loans with the broker
- The ability to repay your loan and restore ownership of your items
As a solution for immediate funds with an opportunity to repurchase your gold, deciding to pawn vs sell your gold may be the right fit for you.
However, there is a catch.
Pawning Gold
As noted, pawning is, at its core, a form of loaning. When you pawn your gold, you’re getting a loan on your items that are used as collateral. However, if you fail to pay the loan back and the loan’s interest – as per their agreement with the creditor – you will forfeit your items to the pawnbroker.
And although pawnbrokers may be willing to offer loans on your gold and jewelry, the cash you walk away with after this kind of arrangement is almost guaranteed to be less than you would receive selling your valuables outright. The reason for this is that a broker must consider the resale value of the collateral if the loan is never paid back. This business model allows pawn shops to hedge risk and make a profit off your gold.
Selling Gold
In contrast to the pawning process, selling gold is much simpler. Selling it will also get you the highest return for your precious gold and jewelry. Even if your jewelry is broken or damaged, gold can still be sold in this way for a reasonable price.
When you sell gold for cash, the physical gold is delivered to the purchaser, who then assesses its purity and total weight before giving you a purchase offer. If you choose to accept the offer, you are paid quickly for your valuables.
Getting cash for gold through this process involves measuring your ingots, coins, or jewelry to properly appraise it. Gold is usually priced by the troy ounce, and a single troy ounce is equal to 31.1 grams.2 Your gold’s purity is also assessed before its appraisal. Cash For Gold USA has experts on hand to complete these processes so that you can be paid for your gold more efficiently.
Why is selling gold online a preferred method for many sellers these days and considered the best place to sell gold? It’s because online companies offer benefits such as:
- Convenience: You don’t have to drive between locations or go back and forth between shops to compare and contrast offers.
- Greater competition and better choice: Online companies can buy gold from anywhere, giving you your choice of buyers nationwide. Competition will also increase the amount companies are willing to pay for gold.
- Better transparency and credibility: Online reviews, ratings, and information about certifications and verifications can give you a better overall look at the company’s reputation and history.
- More tools for your benefit: Our gold buying company offers a convenient online calculator that can help you determine the melt value of your items. If you decide not to pursue an official quote, you’ve saved yourself the hassle of mailing and returns.
How Do Online Gold Buyers Compare to Gold Buyers Near Me?
In decades past, traditional businesses with physical brick-and-mortar stores were the primary option for people looking to sell their unwanted gold coins, jewelry, and other precious metal items. As the internet and e-commerce have continued to grow, online gold buying businesses have not only become more prevalent, but they’ve also become quite reliable and respected in the industry.
There are many ways in which online gold companies and in-person stores like pawn shops differ. The following are examples of some of the most critical differences.
Location and Customer Research
When you sell your gold at a physical store location, you have to spend the time and gas money to drive to and from different stores, and driving home again. You also might need time to think things over at home before selling, which means you’ll have to go out at least once more to actually sell your items. If you have limited mobility or simply don’t want to go through the hassle, online gold selling would be a more convenient choice.
Not only is it faster and more comfortable to sell your gold from home online, it’s also something you can do without concern about business hours. Unlike a physical store you can only access during a certain period, online buyers can be contacted by customers any time of day.
Many online companies still have set hours of operation during which they process things and reply to customers, so you may have to wait for a response. However, you can still submit information and explore your options at whatever time is comfortable for you.
At Cash For Gold USA, customers can fill out the form on our website 24/7 or send us an email at any time of day. We’ll receive those messages during operating hours and respond appropriately in a practical amount of time. With us, you can do in minutes what could take much longer in person.
Pricing
One of the biggest differences between online and in-person gold buyers is the fact that online-only gold buying businesses don’t have an actual brick-and-mortar store location. This may sound like a drawback at first, but it’s actually a huge perk for you as a customer (and in many ways for them, too).
Pawnbrokers, jewelry shops, and physical gold exchanges have to worry about physically running a store and keeping it clean and functional. This includes any maintenance or repairs that need to be done over time. Unless they own the building themselves, they also have to pay a monthly lease to the property owner. If they have more than one location, those responsibilities and expenses can multiply.
Online gold buyers don’t have all of the overhead costs of renting, maintaining, and operating a physical storefront location. This opens up their budget and allows them to pass on the savings directly to their customers.
Availability of Consumer Information
While jewelers and other gold buying stores can offer some level of information on websites and social media pages, many often don’t. Online buyers rely entirely on the internet, which means that everything they have to share is available to you from any internet-connected device. At a store, you might see something online only to find out when you get there that it’s been changed. By nature, an online buyer always keeps things up to date and accurate.
You can easily check customer reviews and ratings for online gold companies via public sites like Trustpilot and Google. With all the information available online, it’s easier to verify any certifications or association memberships a company claims to have. Many online gold buying businesses also have ratings available from the Better Business Bureau.
When you sell to a buyer in person, you aren’t necessarily able to fact check their statements in the moment or compare competitors without driving back and forth between stores. When you sell to a gold buyer online, you’re able to instantly verify their claims, compare competitor information, and quickly reference customer comments and reviews.
We’ve all met sales people who can “sell ice to Eskimos,” as they say, and some customers find it especially hard to say no to their tactics. If you think you may be one of those people, selling your gold online can eliminate that pressure. It gives you the physical separation you need to think logically rather than impulsively.
Choice
As any statistician would tell you, the small sample of stores near you probably isn’t a good representation of gold buyers in general.
When you go online, you eliminate the restriction of distance and open yourself up to businesses from around the country. This gives you access to all available online gold buyers—the entire population—which your new statistician friend would call “the holy grail."
Yes, for many reasons. Selling your gold is a simple way to get funds to cover current living expenses. It’s also great motivation to finally clean out those old drawers. Stop hanging onto that broken necklace and that unsightly ring from your ex.
You could also use the money to buy new replacement jewelry and update your selection. Another idea is to put the money you get from selling unwanted gold into another type of investment, like stocks, real estate, education, or a retirement account.
