Learning how to sell gold really isn’t as difficult as one may think. But, in order to get the best possible price for your gold items without getting scammed, there are a few things you need to know.

For instance, you should always compare prices. Just because your local pawnshop is buying and selling gold, doesn’t mean they’re going to give you the best possible price for your items. In fact, pawnbrokers are often not the best place to sell your gold. So take your goods to several different gold buyers and get a quote before you settle on selling your valuables to the first place you go.

But, before you even think about comparing prices, you need to know the market price for the precious metal. You can do a search online for various tools that will show you what the current market value of gold is per gram. Then, keep in mind that you won’t get a 100% return of the market value on your items, but you should get at least 50 to 80%.

Also, the weight of your piece does make a huge difference when you want to sell gold for a nice profit. Most jewelry is a mixture of the valuable metal and an alloy, so that it makes the piece more solid. A reputable buyer will weigh your piece, then test it for purity before he or she gives you a quote for your item.

Keep in mind that not every item you have will only be valued at their weight when you‘re learning how to sell gold. Depending on the buyer, some pieces, especially jewelry can be worth much more for their historical value, handmade quality or unique design. So if you think you have a unique piece, you may want to have it appraised beforehand.