Gold Logo

Gold Logo

How to sell gold online, choose the right buyer and get out alive, preferably with a nice pile of cash

You’ve just found a big box of grandma’s old jewelry and you are looking to sell it for some cash. You look around and find out that there are so many gold and jewelry dealers out there and you don’t really know who to turn to. But you shouldn’t give up! If you follow a few smart steps, we assure you that a safe and profitable transaction is waiting for you.

1. It’s your gold and you probably want to get the best deal possible. It’s sad, but there are a lot of scammers and illegitimate businesses out there, that’s the reason why it is important to do your home work before selling gold. A good starting point is to check if the business has any professional member affiliations such as these:

o BBB: The BBB is the better business Bureau that handles consumer complaints and provides an overall rating score to the business practices and willingness to correct consumer disputes.

o Trust-E: Internet “watchdogs” that protect consumer privacy.

o JVC: the Jewelers Vigilance Committee is the ethics guardian of the jewelry trade.

The companies’ logos should be prominently displayed on the website you are planning to buy from and should act as a link to the listing and not to the home page. For example a BBB logo will link you directly to that company’s profile on the BBB's website and not the BBB home page!

2. Google the company’s name with the word "reviews" and search for positive or negative customer reviews instead of relying on the testimonial page that’s on the company's website. Try to also google the company with words such as “fraud” or “scam” and see if any weird results come up.

3. Is the company a real, registered company? Is a corporation? Are they regulated by a governmental agency? Every reputable gold and jewelry buyer is required to be licensed!

4. Beware of “too good to be trues.” Companies promising high payouts of 85% or more are unreliable. After advertising, refining and other business cost, it is just not feasible to expect such a high payout. Ask yourself how does the company afford to cover all expenses and still make profit after they “promise” you 90%?

5. Can the dealer accommodate consumers both online and in person? Do they have a physical location? An office you can visit? Legitimate buyers require a physical address for processing.

6. Look for a company that displays current and daily updates of their buying prices.

7. After you send the gold, will the company just mail you a check or do you have a chance to decline their offer and get your gold back?

These are questions that can help you go through a smooth and safe transaction. A reputable dealer for online or in-person gold and jewelry transactions is Global Gold & Silver. At Global Gold & Silver we believe that transparency builds trust, so before you decide to transact business with any establishment, you are strongly advised to research their legitimacy, look online for customer reviews, ask your friends and family, or just head on to www.jewelryscrappers.com and sell your gold with confidence.

www.jewelryscrappers.com, Buying gold, silver, diamonds and jewelry in Manhattan (and online) for cash, at a safe & secure location.

Does the gold logo in a genuine chanel bag fade away in time?

The bag is a hand me down but the logo on the flap and the shoulder strap has lost it's gold color. Does that mean the bag is a fake?

It could mean that it's a fake, but maybe not. If it's more than two years old, its probably just wear and tear. Remember, everything is going to fade eventually even if it is Chanel.