Gold $2,302.80   $-31.60  Silver $26.99   $-0.27  Platinum $913.50   $-13.80  Palladium $1,010.50   $-10.10

Collecting gold bullion can give you an appreciable liquid asset that’s great to maintain for long periods. However, selling your bullion can also be profitable. Whether you need fast cash in an economic pinch or wish to part ways with your San Diego gold and bullion for other reasons, there are a number of steps you can take to ensure you get the biggest bang for your buck.

Get an Appraisal

First, gather all your gold bullion, including the bullion you wish to sell, and take thorough inventory, making sure you have all the items you want to sell on hand. The second step is to appraise their value, which can be done by a professional appraiser or even by yourself if the proper resources are available to compare and evaluate. Last but not least is the selling process. The process of selling your gold bullion at the best price possible should be taken just as seriously as the process of purchasing it. Numerous online and local dealers exist who can buy your bullion. Regardless of the mode of exchange, a few things remain common.

Use a Reputable Dealer

For one, always look for dealers with good reputations and proven track records to help you, and secondly, don’t take steps that don’t involve verifiable transactions. For example, taking money in person from a stranger or receiving it online from a shady dealer who asks for too much sensitive information up front without being accountable to other entities can land you in hot water quickly. Here, a little bit of common sense can go a long way toward saving your livelihood and maybe even your life.

Many online dealers are professionals who work with trusted systems that lock prices and allow you to safely commit quantities with some wiggle room to back out if you change your mind. The worst penalty for doing so is likely to be administrative and cancellation fees, a relatively small price to pay for dealing with professional entities. Some professional dealers have intelligent systems like accounts receivable collections to accept payments from their customers. Their own livelihoods and professional reputations are on stake to provide excellent service to consumers, so you’ll likely have a positive experience with them provided you also follow regulations and conduct transactions in a professional manner. During all stages of the selling process, from contacting the company to tracking the delivery of your items and money, get concrete assurances of their legitimacy via packing slips and invoices.

If you’re looking for the best place to sell gold in San Diego, make sure to work with trustworthy precious metal dealers who offer high-quality service and have years of experience. Call on the industry-leading professionals at First National Bullion when you’re ready to buy or sell precious metals, including gold, silver, platinum, and palladium. Give us a call today at 858-666-6570.

The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.

By |2023-08-04T05:27:42-07:00June 11th, 2020|Miscellaneous|0 Comments