Scrap gold refiners are those companies that you see in the commercials offering to buy your unwanted gold jewelry and scrap for cash. You can find refineries all over the place if you know what to look for and if you want to trade cash for gold then these are the right places to look.

Try you yellow pages first and see if there are any local gold refiners in your area. You can also check online as there are many many sites that will send you an envelope in which you send them your gold and they give you an offer. Usually this isn’t the best course of action as their offer will almost always be at least 30% lower than what you could get in a brick and mortar refinery. There are reports of even lower offers than that. If you must go with one of the refiners that want you to send in your gold first before you get an offer, always reject their first offer by calling them up. If you did the research earlier in to how much your scrap gold should be worth you can make a good argument and they should give you a better offer. If not you can just request that they send it all back and you can try another refiner.

The important thing to remember is to only deal with reputable and established companies. This becomes even more obvious with those companies that you must deal with by mail. Many reputable companies will have a gold calculator on their websites so you will know in advance the amount that you are likely to receive and, more importantly, the best gold buying companies will offer a price guarantee. Following this advice can help you avoid falling for scam websites and companies.

This entry was posted on Tuesday, July 28th, 2009 at 10:51 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.