Outlook Spotlight

Cash For Gold: 7 Best Places To Get Cash For Gold In 2023

Discover the top 7 places in 2023 to exchange your gold for cash. Get the best value at the most trusted locations. Turn gold into cash today!

Cash For Gold
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Are you in search of the ideal place to unleash the untapped value of your valued gold? Your quest ends here! Embark on a glittering adventure as we introduce top-tier, profitable companies eager to swap your precious gold for an impressive bounty of cash.

Immerse yourself in a realm featuring distinguished buyers, effortless dealing, and unmatched customer service. We bring you the very best from the 'cash for gold' industry. So if you're poised to transform your golden resources into shiny prospects, continue reading to uncover the shining luminaries of this sector!

7 Best Companies to Get Cash for Your Gold

Cash for Gold USA – Best Cash for Gold Company Overall

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Cash for Gold USA

Cash for Gold USA stands tall as one of the most respected and trusted gold purchasers across the globe. Offering a plethora of services, including the acquisition of gold ornaments, scrap gold, and golden coins from any corner worldwide, they have successfully established their reputation for providing highly competitive rates in this digital age's jewelry-buying industry. 

Their relentless pursuit of perfection is evident through the trust they’ve garnered over time from their clientele which can be attributed to their prompt service delivery coupled with highly favorable pricing.

A standout feature that sets them apart in this saturated market is an innovative program called "Gold Price Maximizer." This unique initiative guarantees that if there's an increase in the market price for gold within thirty days post transaction, they will compensate customers with the difference. A clear testament to their unwavering commitment to ensuring customers get top dollar for their precious items.

In addition to all these merits, Cash for Gold USA continuously strives to uphold its high standards - something which has been recognized by an A+ rating from Better Business Bureau (BBB) and a commendable 4.7 out of 5 stars on Trustpilot. These accolades further cement its position as a trustworthy player in this competitive sphere where integrity matters above everything else.

How to Sell

To offload your gold possessions, you must fill out a form on their site. In a short while, you'll find an envelope delivered by either USPS Mailer or FedEx at your doorstep. Your task? Place your golden treasures inside and send them back to them. Rest easy knowing that the postage is on them and everything is insured. Expect payment within 24 hours of receipt - just like magic! 

Pay

The anticipated value of your golden treasures hinges on the state of the gold market and the specifics of your item. Cash for Gold USA website offers a handy tool to calculate an item's real melt worth. If their offer doesn't meet your expectations, there's no need to worry - you can return the cash, and they'll return your precious gold.

Express Gold Cash – Best Cash for Gold Company for Quick Transactions

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Express Gold Cash

Express Gold Cash, a well-established name in the gold buying sector, proudly holds an impressive track record spanning more than two and half decades. Their extensive services encompass the acquisition of numerous golden jewelry pieces such as engagement rings, wristwatches, gold coins, dental gold, and other precious metals.

For individuals wavering about selling their possessions, Express Gold Cash extends multiple routes for communication. Potential sellers can reach out to them via telephone or through their online query form. They’re committed to upholding honesty, transparency, and dependability when determining the worth of items they purchase.

Notably recognized for its stellar performance in service delivery, Express Gold Cash has secured an A+ score with the Better Business Bureau. This accolade further underscores its devotion to preserving high-quality standards while ensuring customer satisfaction.

Additionally noteworthy is their exceptional 4.9-star rating on Trustpilot, backed by over 4,500 reviews! This remarkable achievement serves to corroborate the excellent encounters customers have had with this company, thereby reinforcing its position as a reliable and reputable entity within its industry sphere.

How to Sell

If your objective is to trade gold with Express Gold Cash, the initial step is to apply for an Appraisal Kit via their online form. Upon receipt of your package - instructions for which are made clear upon application - payment hits your account within 24 hours. Courtesy of FedEx Overnight, all deliveries are complementary and come with a safety net of up to $5,000 insurance.

Pay

Express Gold Cash has a reputation for paying up to 90% of the value of gold bullion and as much as 85% for processed jewelry. The final price is determined by the prevailing market rate, updated on their website daily. 

A wide range of items alongside their respective prices are also displayed on their site. With a competitive spirit, they offer a Best Price Guarantee that matches superior offers from competitors over $1000, sweetening the deal with an extra $100 bonus.

Liberty Gold and Silver – Best Cash for Gold Company for Precious Metals

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Liberty Gold and Silver

Founded in 2012, Liberty Gold and Silver is an expert enterprise dedicated to buying a myriad of gold jewelry and gold coins. While their web presence may be somewhat minimalistic, they compensate for it with top-notch customer service, available via a round-the-clock helpline. This provides customers with the convenience of receiving help related to their golden possessions, pricing queries, or shipping issues.

Despite being relatively fresh on the scene compared to some rivals in the business, Liberty Gold and Silver has progressively instilled confidence among its patrons. Their unwavering dedication towards dependability and customer gratification earned them an 'A' grade from the Better Business Bureau. This elevated their status further as a credible gold purchaser in this fiercely competitive market.

How to Sell

Begin by completing the form on their official website. Subsequently, a safe UPS packet will be dispatched to you, which can comfortably be dropped off at any UPS dispatch center without incurring a fee. The package is insured for up to $1,000. 

If your belongings cannot nestle into the envelope or if they’re valued beyond $1000, feel free to use US Postal Service with self-insurance. In these scenarios, Liberty Gold and Silver ensure reimbursement of both shipping and insurance expenditures.

Pay

Their online portal provides extensive details regarding their algorithm for determining the worth of your gold possessions. They provide an enticing 110% price match promise, implying that if a more lucrative deal is found elsewhere, they will not only meet but exceed it by 10%. Upon receipt of your valuables, a quote will be communicated via phone or email. 

For those fond of electronic transactions, bank transfers are provided as an option albeit with additional charges.

Luriya – Best Cash for Gold Company for Convenience

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Luriya

Luriya holds a prestigious standing in the famous "Diamond District" of Manhattan as a premier purchaser of gold. With more than two decades under their belt in this sector, they have earned the trust and recognition of those intending to part with their precious gold pieces. You need not worry if you can't make it to their New York outlet personally; Luriya facilitates an online service for selling your gold.

Famed for their utmost professionalism and superior customer assistance, Luriya's squad has been delivering first-rate customer service for many years. Even when shifting operations to digital platforms, they've managed not only to preserve but enhance the client experience by staying true to their commitment to perfection. Engaging with Luriya is synonymous with receiving unrivaled service quality and satisfaction throughout your journey of turning gold into cash.

How to Sell

Selling gold to Luriya is as easy as completing their mail-in kit form. You can select your preferred courier, whether it's FedEx, DHL, or UPS. Upon receiving your kit, just pop your treasures into the envelope and send them on their way back. Fear not about shipping costs – they've got you covered! And for those of you with a little more sparkle in your parcel - insurance up to $1 million can be arranged!

Pay

Luriya requires additional details regarding the pricing for gold on their website. One can request a mailing kit or complete free appraisal forms to get an evaluation. 

Following this, their proficient team will meticulously examine your golden artifact and propose a just and market-competitive compensation.

SellYourGold.com – Best Cash for Gold Company for Online Selling

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SellYourGold.com

SellYourGold carries a substantial heritage spanning over half a century in the business of gold procurement. Through their unique technology, they meticulously verify every piece of golden merchandise, ensuring that the customers receive only the best deals. Their broad spectrum of services includes buying an array of gold items such as trinkets, coins, and bullion.

The trustworthiness and dependability SellYourGold has cultivated over time is mirrored in the countless individuals who opt to trade their gold with them. Their considerable experience, coupled with their unwavering commitment to providing top prices, make them an obvious pick for many. 

The commitment to uphold high standards is further validated by their A+ grade from the Better Business Bureau. Their outstanding 4.8-star rating on Trustpilot, supported by over 6,600 reviews, firmly establishes them as a respected and esteemed player in the industry for purchasing gold goods.

How to Sell

To conduct business with SellYourGold, the process begins on their website. Complete an online form to secure your complimentary evaluation kit. Once safely packaged, send off your golden treasures via FedEx at zero cost, insured up to $1,000 for peace of mind. 

Should you require additional coverage, a pleasant chat over the phone can arrange it swiftly. They assure a prompt proposal upon receipt of your package and guarantee payout within one day's time frame - rather speedy indeed!

Pay

SellYourGold boasts of offering one of the market's topmost returns, having already disbursed over $27 million to its clientele. Naturally, the rate hinges on the prevailing gold price which is conveniently displayed on their website. If you stumble upon a superior offer elsewhere, SellYourGold pledges to match it. They throw in a 5% extra with your complimentary valuation kit as a cherry on top!

APMEX – Best Cash for Gold Company for Investment Gold

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APMEX

APMEX, an abbreviation for the American Precious Metals Exchange, stands as one of the globally recognized online vendors of precious metals. With its roots tracing back to 1999 and centered in Oklahoma City, APMEX has built a reputation of trustworthiness within the realm of precious metal trading, delighting both investors and collectors alike. 

Its primary operations revolve around purchasing and vending a range of precious metals like gold, silver, platinum and palladium. These are made available in diverse forms such as coins, bars or rounds; they also offer numismatic collectibles for those with a keen eye for rarity.

How to Sell

To engage in commerce through APMEX, set up your account on their platform and gather your valuable metals in excellent condition. Solicit a price estimation, keep an eye on the prevailing market rates, and if the offer meets your expectations, go ahead and accept it. Subsequently deliver the metals to APMEX following strict security measures for authentication purposes. Once confirmed, you receive remuneration as per the agreed deal.

APMEX's dependable services, coupled with crystal-clear procedures make it a reputable choice for those desiring to offload precious metals without any complications or worries. It's vital to highlight that all shipping arrangements offered by APMEX encompass insurance protection up to $50,000 - this additional safety net reinforces transactional security.

Pay

When it comes to buying valuable metals via APMEX, patrons are presented with a plethora of payment alternatives such as credit/debit cards, bank wires, checks or ACH transfers. The entire payment procedure is designed for simplicity and effectiveness, enabling patrons to opt for the most suitable transaction method. 

Supplementing this convenience is APMEX's unwavering dedication towards openness and customer gratification which heightens a seamless payment experience - thereby cementing its position as a credible platform for precious metal dealings.

US Gold Bureau – Best Cash for Gold Company for Gold Bullion

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US Gold Bureau

US Gold Bureau, a distinguished dealer of precious metals based in Austin, Texas, was established with the goal of giving individuals direct access to tangible valuable metals as a wealth preservation method. The bureau boasts an eclectic mix of gold, silver, platinum, and palladium products tailored for investors and collectors. 

Operating with total transparency and a customer-first approach has solidified its standing as a trusted provider in the industry. In addition to its product offering, it's known for providing educational materials and market insights that equip customers with the knowledge necessary for prudent investment decisions.

Whether one is seeking portfolio diversification against economic volatility or hunting down numismatic gems - US Gold Bureau stands as an esteemed avenue for procuring precious metal items.

How to Sell

To trade your precious metals via the US Gold Bureau, get the ball rolling by reaching out to them first. Furnish them with particulars about the treasures you're ready to part with, and they will assess both their authenticity and condition. 

After a thorough evaluation, they'll present a monetary proposal reflecting prevailing market trends. If this suits your fancy, adhere to their shipping guide detailing how best to securely dispatch your golden assets.

Upon safe arrival at their premises, their connoisseur team will undertake further verification of each item received. Once everything checks out as authentic, payment is then initiated through whichever method you prefer. 

US Gold Bureau takes pride in customer fulfillment and may seek your opinions regarding the transaction experience. Collaborating with such a credible entity offers an undeniably secure environment for offloading those precious metal possessions of yours.

Pay

To trade your precious metals with the esteemed US Gold Bureau, reach out to them. Furnish them with every necessary detail regarding the items you're keen on parting ways with, and they'll appraise these for authenticity and overall condition. 

Upon thorough evaluation, they'll present a proposal reflecting current market values. Should this offer to align with your expectations, adhere to their shipping guidelines carefully to transport your precious assets safely to their premises.

Once received, expert hands will double-check and validate each item meticulously. As soon as confirmation is established, payment will be dispensed through your preferred method without delay. 

US Gold Bureau places immense value on client contentment and might seek reviews about your experience during our transactional journey together. Associating yourself with an eminent dealer ensures a trustworthy platform for negotiating deals involving precious metals.

Our Ranking Methodology for the Best Companies to Get Cash for Gold

We comprehend the importance of this fiscal deal and have formulated a thorough strategy to evaluate multiple gold-purchasing corporations. Our tactic guarantees that the selected firms display keen competition in their rates while upholding superior professionalism, reliability, and customer contentment.

Research and Identification:

We initiate our process by conducting rigorous research to pinpoint multiple gold-purchasing corporations active in the marketplace. Our information is derived from reliable platforms such as Better Business Bureau ratings, Trustpilot reviews, client feedback, industry-related forums and other authoritative sources. 

Through data collation from a myriad of channels, we guarantee that our evaluation provides a broad-based perspective of each company's reputation and status within the market landscape.

Company Experience and Reputation:

We bestow preference on businesses that have a solid footing in the gold-buying sector. The length of their tenure stands as a testament to their consistency, dependability, and prowess in appraising gold articles. We scrutinize each organization's years of operation to guarantee an accurate gauge of its comprehensive industry experience.

Customer Reviews and Ratings:

Our ranking methodology heavily relies on the voice of the customer. We scrutinize user testimonials and scores from Trustpilot, Google, and BBB with great detail. We accord special weight to fresh feedback to gauge a firm's present operational effectiveness and client contentment levels. Enterprises that consistently amass positive reviews and impressive ratings are rewarded with superior positions in our rankings.

Transparency and Professionalism:

Clarity holds the highest importance in handling precious metals. We scrutinize each firm's clarity regarding pricing, payment modalities, and the comprehensive sales process. Businesses that offer lucid and elaborate insights into their appraisal methods, price-setting policies and payment alternatives are granted a higher stance in our evaluations.

Price Competitiveness:

In our commitment to delivering maximum value to our readers, we thoroughly evaluate different companies' price propositions. We scrutinize their pricing structures, transactional charges, and any additional costs associated with the sale process. Firms that present competitive rates and provide a fair market assessment for gold pieces earn a higher ranking in this classification.

Payment Options and Convenience:

We evaluate the diversity of payment alternatives each firm presents. Companies that facilitate various transaction methods, encompassing bank transfers, PayPal, or checks ascend on our rating scale. We scrutinize the simplicity of the complete process of selling with considerations such as round-the-clock client assistance and hassle-free shipment coordination.

Best Companies to Get Cash for Gold – Buyer’s Guide

Other Ways to Sell Gold for Cash

Having thoroughly investigated the methods of trading gold, jewelry, and coins, we've uncovered some top local choices (stay tuned for more insights).

  • Pawn shops
  • Coin dealers
  • Local cash for gold businesses
  • Antique stores
  • Metal recyclers
  • Local gold buyers
  • Online marketplaces like eBay and Etsy
  • Jewelry stores

A trustworthy local pawnbroker can be a practical choice when you need immediate funds and value face-to-face transactions with familiar faces. Be proactive, gather recommendations, and obtain multiple quotes. Don't shy away from haggling. Indeed, the pawnbrokers offer you the privilege of reclaiming your gold within the stipulated loan period.

While numerous credible neighborhood enterprises can provide a fair resale valuation for your assortment of gold valuables such as jewelry, coins, nuggets watches, or even dental gold. It's generally more profitable to opt for an online sale with a reputable firm.

Utilizing the services of an online gold buyer comes with a set of advantages because:

  • Opting to sell gold online offers greater convenience and privacy compared to the hassle of driving around to local businesses in your vicinity.
  • You can explore the solid online presence of a reputable gold buyer by researching reviews and ratings on platforms like Trustpilot, BBB, Yelp, Facebook, and other similar sources.
  • Cash for Gold USA provides an online gold calculator, enabling you to assess their offer prior to sending in your item.
  • The ability of online gold buyers to provide higher prices is due to their reduced overhead costs (no need for expensive retail rent) and the competitive environment fostered by the internet.

Is It Better to Sell Gold at a Pawn Shop?

Pawnshops serve as excellent avenues for quick monetary gains. More often than not, their rates surpass those of other traditional outlets, with chain pawn shops being particularly noteworthy.

The primary edge that pawn shops hold over online buyers boils down to time efficiency. When you opt to trade your gold for cash at a pawn shop, the entire transaction can be wrapped up in approximately 10 minutes or slightly longer if you decide to peruse multiple establishments for the most favorable deal.

Choosing the digital route to sell your gold certainly provides comfort and saves commuting time. 

However, it comes with its own set of drawbacks; primarily the wait time required to receive an offer which often spans several days. If the proposal doesn't sit well with you, it means shipping off your item to another buyer - adding more waiting days into this digital process.

How to Check if Your Gold Is Real?

If your golden treasure lacks an identifying stamp, fear not! Several clever methods can help you determine whether it's genuine gold or a mere imposter. Although only a seasoned professional can accurately pinpoint the karat of your golden object, you can still play Sherlock and deduce its authenticity with one or several of these handy tricks:

  • Heat: Showcase the object to a constant fire. A mere lighter or a burner will do, no need for an extravagant blow torch. Counterfeit gold tends to shift its hue or darken under heat, while genuine gold revels in the warmth, becoming even more radiant.
  • Magnet: Employ a sturdy magnet to test the item's magnetic attraction, readily available at a hardware store. Gold, being non-magnetic, will not be drawn towards it. If the item exhibits magnetic properties, it regrettably indicates that it’s not composed of gold.
  • Skin: Should your skin take on a green or black hue from your jewelry, rest assured, it’s not gold. True golden adornments will never leave such unsightly marks.
  • Water: Dunk the precious golden artifact into a water-filled glass momentarily. Authentic gold descends to the bottom. Hence, it's faux if it bobs on the surface. Unlike certain other metals, gold will forever remain rust-free, irrespective of its duration beneath the water's surface.

How to Calculate the Price of Your Gold Item?

Numerous online platforms exist where you can compute the value of your precious gold piece. For a precise evaluation, it's essential to key in the weight and karat details accurately. To determine the weight of your object, an ordinary sensitive kitchen scale should suffice.

The karat specification is typically inscribed on the artifact itself. You ought to spot a stamp either at the back or inside of it indicating its karat value - say 18K, which translates to 18-karat gold.

In some instances, golden objects may bear a three-digit numerical code as their stamp. The interpretation of these numbers can be found below:

  • 375: 9 karat – 27.5% gold
  • 990: 22 karat – 99% gold
  • 750: 18 karat – 75% gold
  • 999: 24 karat – 99.9% gold
  • 916: 22 karat – 91.6% gold
  • 585: 14 karat – 58.5% gold

Best Companies to Get Cash for Gold – FAQs

What Is a Gold Spot Price?

The immediate selling price of gold as it stands in the market is referred to as the spot price. This rate informs gold purchasers how much they should be ready to pay you for your precious metal right now.

Spot prices of gold are a representation of its value, intended for instantaneous delivery post-purchase. This sum is computed by taking into account the average net worth of all presently traded next-month futures contracts for gold.

As per data from July 21, 2023, one ounce or just under 31 grams of this gleaming yellow metal was exchanging hands at $1,981.50 and $69.90 respectively on American soil.

How Much Does Gold Sell For?

In the end, gold is sold for whatever price a buyer is willing to offer, usually determined by the prevailing spot price of gold after subtracting any commission. Whether you're selling or pawning, and whether you're conducting business online or offline, negotiating your gold sale is always advisable.

As per records from July 21st, 2023; in America's marketplaces, an ounce of spot gold could fetch $1,981.50 or $69.90 per gram.

Is Now a Good Time to Sell Gold?

The market value of the golden metal serves as a signpost, signaling whether it's an opportune moment to trade in your gold. Since November 2022, we've seen a steady uptick in gold prices, with market pundits forecasting this ascending trend to persist and even escalate throughout 2023.

In the dawn of May, gold prices flirted dangerously close with record highs from yesteryear's 2020 but have since taken a tumble as Treasury Bond yields catapult past the 5% mark.

Possessing unused or unloved items of gold - be it jewelry, coins or scraps - can translate into an opportunity for you! Their sale could contribute towards debt repayment or perhaps fund that dream vacation. Maybe they can even serve as seed money for your house down payment or other worthy endeavors.

Once more, it's preferable to have immediate cash at hand for paying urgent bills such as rent, car payments, or utilities, rather than leaving gold coins, jewelry or bullion gathering dust in a drawer or safe deposit box. 

Trading your gold might be a sound strategy when considering other investment avenues. These could include equity funds in retirement accounts, property investments or funding education and new business ventures.

Even parting ways with an old golden chain that's been sitting unused for years can translate into a delightful dinner at a fancy restaurant. An obsolete class ring made of gold could cover the cost of your electricity bill.

Liquidating your golden assets to invest in stocks or index funds might be worth considering during times when the stock market is in a downturn.

Can You Make Money Selling Gold?

Gold has historically proven to be a robust long-term investment. Considering the dip in gold prices, you might want to retain your holdings. Alternatively, you have the choice of liquidating them before any further potential decline in value.

Bottom Line on Best Companies to Get Cash for Gold 

After comprehensive examination and scrutiny, the chosen enterprises have confirmed their dependability, honesty, and high customer contentment levels. Opting for top-tier firms such as Cash for Gold USA ensures you can sell your gold valuables with confidence and expect fair valuations while enjoying a smooth transaction process.

Liquidating gold assets is an enticing avenue to swiftly augment personal finances. With a plethora of valuation tools and prospective purchasers at your disposal, maximizing returns on your precious metal is no Herculean task. Garnering multiple evaluations coupled with keeping an eagle eye on the fluctuating gold market might enhance your financial gains.

In case you're in haste to convert your golden hoard into liquid cash, there's always a variety of offline alternatives at hand. Make it a point to visit many establishments as workable and never shy away from haggling. After all, every penny counts!

Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.

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