Knowing where to buy gold, especially at a fair price, is something that is on every investors mind. Buying from bullion dealers is the most popular method of acquiring gold because it’s the first place that comes to mind. But, there are places to find gold that most buyers never even thought of.
Next to bullion dealers, buying gold from private individuals is where many investors acquire their gold. In fact, those who buy in this manner end up getting it at a much lower price.
You’d be surprised at the volume of people who have no idea where they can sell their gold items. Every day there are millions of estate and privately owned items such as bullion, jewelry, dental and scrap gold that are on the market for sale.
Most of them wind up selling to pawn shops, coin dealers or cash for gold buyers, all who pay far below value. As an investor you can buy these items at a fair price of 20% to 30% below spot value and close a very high percentage of your offers.
It’s a win-win situation for the buyer, who is looking to acquire gold below spot price, and the seller, who is trying to get a fair price.
So, how do you find these sellers?
It’s rather simple. You could print some business cards that include your name, phone number and state that you are a buyer of gold or any other precious metals that interest you. Then hand them out to everyone you come in contact with.
Other places to promote are the weekly penny saver or merchandiser papers that are delivered by U.S. mail. Simply place a small classified ad stating you are a buyer of gold and other precious metals. Be sure to add that you are an investor who pays top dollar and you offer friendly service.
One of the newest way to find sellers is to register as a local buyer, in your geographical area, on one of several websites that offer this type of platform. Since the Internet is becoming the go-to place to buy or sell anything these days, this method of finding gold is rapidly becoming the best.
If you are an investor who is only interested in gold bullion or coins there is a solution to this as well. Any refinery will buy your scrap and pay you in bullion instead of cash.
In summary, when determining where to buy gold, private sellers is the best way of acquiring it, especially if you are looking for the lowest price.
Source by Jeff Sneeringer
Where To Buy Gold
It’s refreshing to read a good quality article for a change. You’ve made many interesting points and I agree. This has made me think and for that I thank you.
ReplyDeletewe buy gold