Where to Sell Gold Online: Expert Recommendations for 2023

Choosing to invest in gold can offer a solid foundation during substantial stock market swings and serve as an effective guard against inflation. The availability of precious metals, such as gold, has increased portfolio diversification due to the presence of reliable online traders dealing with gold. These vendors provide the ease of acquiring superior quality tangible gold that can either be delivered directly to your doorstep or safeguarded securely within a vault.

Opting for physical gold requires a careful selection of trustworthy and well-established dealers over other alternatives like gold receipts and stocks from companies mining this precious metal. Our diligence has helped us pinpoint top-notch companies characterized by their illustrious histories, stellar reputations, clear and competitive pricing strategies alongside defined buyback policies beneficial to the investor. Our list will give you a perspective on where to sell gold online.

Added advantages include flexible payment methods, swift delivery services along with trustworthy storage options accompanied by reasonable commissions and charges, plus unparalleled customer assistance. Associating with these dependable dealers ensures investors' faith when making purchases related to their investment necessities in terms of quality solidified yellow metal (gold).

>> Best Cash for Gold: Cash for Gold USA >>

7 Best Companies to Sell Gold Online

Cash for Gold USA – Best Cash for Gold Company Overall
Express Gold Cash – Best for Quick Transactions
Liberty Gold and Silver – Best for Precious Metals
Luriya – Best for Convenience
SellYourGold.com – Best for Online Selling
APMEX – Best for Investment Gold
US Gold Bureau – Best for Gold Bullion

Cash for Gold USA – Best Cash for Gold Company Overall

Cash for Gold USA, a well-established and reputable gold buyer in the United States, is known for its size and extensive experience in the industry. With Cash for Gold USA, you don’t have to worry about where to sell gold online. They pride themselves on offering competitive prices and quick turnaround times for a wide range of gold items, including jewelry and coins.

The process is straightforward: simply request a complimentary kit from their website, which includes a prepaid shipping label along with detailed instructions on how to securely package and send your gold.

Once Cash for Gold USA has received your package, they guarantee you will receive an offer within 24 hours. If you decide to accept their offer, they provide payment via either check or PayPal.

One noteworthy aspect of Cash for Gold USA's service is its commitment to beat any competitor's offer. This encourages customers to explore other options before deciding to secure the best possible deal available on the market.

How to Sell

Where to sell gold online? Cash for Gold USA is the best place to sell gold. To sell gold items online, it’s necessary for you to fill out a form on their website. After a few days, you will receive an envelope either through USPS Mailer or FedEx. This envelope must be returned to them with your items enclosed. Your payment will be issued within 24 hours of receipt. The shipping is provided free of charge, and all packages are fully insured.

Pay

The value you can anticipate for your valuable golden possessions relies on the current state of the gold market and the specific characteristics of your item. Are you curious about where to sell gold online? Their website offers a handy calculator tool to determine the precise melt value for any given item. Should you find yourself dissatisfied with the amount they offer, you can return their payment and retrieve your gold in its original form.

>> Best Cash for Gold: Cash for Gold USA >>

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

With a remarkable track record spanning over 25 years, Express Gold Cash has established itself as a highly regarded player in the gold buying industry. They give you the opportunity to sell gold online. Their extensive array of services encompasses the purchase of various types of golden jewelry, including engagement rings, watches, coins, dental gold, and other valuable metals.

For individuals who are still contemplating whether to sell their items, Express Gold Cash offers multiple means of inquiry. Customers can reach out to them via phone or by filling out their online form. The company takes great pride in its unwavering commitment to honesty, transparency, and reliability when it comes to determining the value of purchased items.

Renowned for its exceptional performance and dedication to maintaining high standards and customer satisfaction is Express Gold Cash's A+ rating with the Better Business Bureau. This rating provides you with clarity on where to sell gold online. This rating serves as further affirmation of their integrity.

Moreover, boasting an impressive 4.9-star rating on Trustpilot based on over 4,500 reviews solidifies their position as a reputable choice within the gold buying industry—an undeniable testament to the outstanding experiences customers have had with them.

How to Sell

Are you curious about where to sell gold online? Express Gold Cash could be the best place to sell gold online. To sell your gold to Express Gold Cash, simply complete an online form to request your Appraisal Kit. After sending the package via FedEx Overnight, you can expect payment within 24 hours of its receipt. Rest assured that all shipments are free and insured for up to $5,000.

Pay

Express Gold Cash offers high payouts for gold, with the potential to receive up to 90% of the value of gold bullion and up to 85% for refined jewelry. The price of gold is determined by the current market rate, updated daily on their website.

Are you curious about where to sell gold online? On their website, you can also find a wide range of items and see how much they pay for each one. Express Gold Cash provides a Best Price Guarantee that matches any higher offer from competitors if it exceeds $1000, along with a $100 bonus.

>> Visit Express Gold Cash >>

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

Founded in 2012, Liberty Gold and Silver is a specialized company that focuses on the purchase of various gold jewelry and coins. While their website may not provide extensive information, they prioritize exceptional customer support with their round-the-clock phone line. This ensures that customers can reach out anytime for assistance regarding their gold items, pricing inquiries, or shipping concerns. They also offer the convenience of selling gold online.

Even though Liberty Gold and Silver is relatively new to the industry compared to its competitors, it has successfully established trust among its clientele. Their unwavering commitment to reliability and customer satisfaction has earned them an A rating from the Better Business Bureau. This recognition further solidifies their reputation as a reputable buyer of gold items.

How to Sell

Still considering where to sell gold online? To begin, it’s necessary to complete the form on their website. Following that, a secure UPS envelope will be sent to you, which can be dropped off at any UPS shipping center. The shipment is completely free of charge and includes insurance coverage for up to $1,000.

If the items cannot fit in the envelope or are valued above $1,000, they can be mailed through the US Postal Service and insured independently. In these instances, Liberty Gold and Silver will reimburse both shipping expenses and insurance fees.

Pay

On their website, you can find a wealth of information on how they determine the cost of your gold items. They guarantee that they will match any better offer you come across by 110% and even throw in an extra 10%.

After they receive your items, they'll contact you via phone or email with a quote. If you're satisfied with the quote, they'll send you a check. Alternatively, if you prefer a bank transfer, this option is also available for an extra charge.

>> Visit Liberty Gold and Silver >>

Luriya – Best Cash for Gold Company for Convenience

In the world-famous "Diamond District" of Manhattan, Luriya has earned a prominent reputation as a leading buyer of gold. With over two decades of industry experience, they have become a trusted name for individuals looking to sell their gold possessions. Even if you cannot visit their physical store in New York, Luriya offers the convenience of selling gold online.

Known for their professionalism and exceptional customer service, Luriya's team has provided top-notch assistance to clients for many years. By transitioning their services to the online platform, they have ensured that the quality of customer experience remains intact while upholding their commitment to excellence. When dealing with Luriya, you can expect nothing less than outstanding service and satisfaction throughout your journey of selling gold.

How to Sell

Still wondering where to sell gold online? Luriya offers a convenient way to sell your gold through their mail-in kit form. You can select your preferred delivery method from reputable services like FedEx, DHL, UPS, or US Postal Service. Once you receive the kit, simply place your items in the provided envelope and send it back to Luriya. The shipping is free and insured for up to $1,000. If you require additional insurance coverage, Luriya can arrange for up to $1 million.

Pay

Luriya is seeking additional details regarding the gold pricing information on their website. You have the option to request a mail-in kit or provide the necessary information for a complimentary appraisal of your valuables to receive an offer. Their knowledgeable professionals will carefully examine your golden item and present you with a reasonable and competitive payout.

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

Still considering where to sell gold online? SellYourGold is definitely a good option. It has established a remarkable reputation in the gold-buying sector, with a rich history spanning over five decades. They allow you to sell gold online. Not just this, SellYourGold provides you with the best place to sell gold online.

Through their exclusive technology, they meticulously assess all items made of gold to ensure that customers receive the most advantageous offers. Their comprehensive range of services includes purchasing various golden items such as jewelry, coins, and bullion.

The trust and confidence placed in SellYourGold by countless individuals is a testament to their expertise. With extensive experience and a commitment to offering competitive prices, it comes as no surprise that they’re the preferred choice for many.

Their dedication to upholding high standards is further demonstrated by their A+ rating from the Better Business Bureau. Additionally, their exceptional 4.8-star rating on Trustpilot, backed by over 6,600 reviews, solidifies their position as an esteemed and reputable player in the gold-buying industry.

How to Sell

To sell your valuable item to SellYourGold, you will need to visit their website and complete the online form to receive a complimentary appraisal kit. Once you have securely packaged your precious items, you can ship the package via FedEx. The shipping is both free and insured for up to $1,000.

If you require additional insurance coverage, it can be arranged by phone. Rest assured that SellYourGold guarantees an offer on the same day they receive your package and promises payment within 24 hours.

Pay

SellYourGold boasts of offering some of the most competitive payouts in the industry. They have already disbursed more than $27 million to their satisfied customers. However, the actual amount you receive is contingent upon the current market value of gold, which can conveniently be accessed on their website.

If you stumble upon a better offer from another buyer, SellYourGold is committed to matching it. They sweeten the deal by including a 5% bonus in your complimentary appraisal kit.

APMEX – Best Cash for Gold Company for Investment Gold

APMEX, also known as American Precious Metals Exchange, stands as a prominent online retailer of precious metals on a global scale. Since its establishment in 1999 with headquarters in Oklahoma City, Oklahoma, APMEX has garnered a reputation for being highly reliable within the precious metals industry and appeals to investors and collectors alike. You can definitely consider APMEX to sell gold online.

The company's main emphasis lies in buying and selling various forms of precious metals, including gold, silver, platinum, and palladium. These forms range from coins and bars to rounds while even extending toward numismatic collectibles.

How to Sell

Thinking about where to sell gold online? APMEX may be the best place to sell gold. To sell your precious metals through APMEX, you will need to create an account on their website. Make sure your metals are in good condition before proceeding. Once you have an account, you can request a quote from APMEX and check the current market prices. If you’re satisfied with the offer, go ahead and accept it.

Next, securely ship your metals to APMEX for verification. After they have completed the verification process, they will pay you based on the agreed proposal.

APMEX is known for its reliable services and transparent processes, making it a trusted choice for individuals who want to sell precious metals without any hassle or worries. It's important to note that all shipping plans provided by APMEX come with insurance coverage of up to $50,000. This provides an extra layer of security during the transaction.

Pay

Customers who decide to buy precious metals from APMEX have the flexibility of selecting their preferred payment method. These options include credit/debit cards, bank wire transfers, checks, and ACH transfer. Making a payment is simple and efficient, giving customers the freedom to choose whichever method suits them best.

APMEX's dedication to being transparent and ensuring customer satisfaction guarantees a seamless payment experience. This commitment further solidifies its reputation as a reliable platform for conducting precious metal transactions.

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

Based in Austin, Texas, the US Gold Bureau is a well-known dealer in precious metals. Its main goal is to offer individuals the opportunity to preserve their wealth by providing access to physical gold, silver, platinum, and palladium products. These offerings cater to both investors and collectors.

The company has established itself as reliable and secure by prioritizing transparency and customer satisfaction. In addition to its services, the US Gold Bureau provides educational resources and market insights so customers can make informed investment choices.

Whether someone wants to diversify their portfolio or protect themselves against economic uncertainties, they can turn to the US Gold Bureau for high-quality precious metal acquisitions that are backed up by a solid reputation.

How to Sell

Are you considering where to sell gold online? To initiate the selling process with the US Gold Bureau, the first step is to contact them. You will need to provide information about the precious metals you intend to sell, and they will assess their authenticity and condition.

Once they have evaluated your items, they will offer you a price quote based on current market rates. If you agree with their offer, follow the shipping instructions provided by the US Gold Bureau to securely send your precious metals to their facility.

Upon receiving your items, their experts will verify and authenticate them. After confirmation, payment will be issued through your chosen method. The US Gold Bureau places great value on customer satisfaction and may ask for feedback regarding your selling experience. By choosing this reputable dealer, you can trust that you’re using a reliable and secure platform for selling your precious metals.

Pay

Completing a transaction with the US Gold Bureau is safe and uncomplicated. Customers can select their desired items, such as precious metals or other products, and add them to their shopping cart before proceeding to checkout.

Where to sell gold online? The US Gold Bureau offers several payment methods for customers' convenience, including major credit and debit cards, bank wire transfers, personal checks, cashier's checks, and ACH transfers. Customers are free to choose whichever payment method suits them best.

For bank wire transfers, customers will be provided with the necessary bank details. Credit/debit card payments are securely processed using encryption technology. Checks and ACH transfers come with specific instructions that must be followed accordingly. Once the payment process is complete, customers will receive an order confirmation from the US Gold Bureau along with a guarantee of safe and timely delivery of their purchased items.

Our Ranking Methodology for the Best Places to Sell Gold Online for Cash

After conducting a thorough review of the top online gold dealers, we meticulously applied a set of essential criteria to assess their overall performance and reliability. Our evaluation encompassed factors such as online reputation, the length of their track record in the industry, price transparency, payment options, shipping speed, the absence of commissions and hidden fees, and the quality of their customer service.

Following this comprehensive analysis, we have categorized the dealers into six distinct categories, each excelling in different aspects. Read and find out the best place to sell gold online.

Best Reputation: Reputation hints to you on where to sell gold online. We have pinpointed the online gold dealer in this particular category that has gained an exceptional reputation from both customers and the wider investment community. Their reliability, trustworthiness, and history of providing outstanding service have remained consistent over time.

Longest Track Record: For those searching for a dealer with a well-established presence in the gold market, we chose the one with the most extensive track record. This particular dealer has proven their stability and capacity to navigate different market conditions over time, demonstrating their ability to withstand challenges.

Best Price Transparency: Investors seeking to make well-informed choices place great importance on price transparency. The dealer in this particular field distinguishes itself by offering transparent and uncomplicated pricing policies, guaranteeing that customers are fully aware of what they’re paying for without any concealed expenses.

Flexible Payment Options: It provides clarity on where to sell gold online. Acknowledging that investors possess diverse preferences when it comes to payment methods, we have discovered a dealer who provides an extensive selection of adaptable payment choices to cater to various requirements.

Fastest Shipping Speed: It also clarifies where to sell gold online. For certain investors, the importance of time sensitivity cannot be overstated. Therefore, we have successfully pinpointed the dealer that offers the most expedient shipping service. This particular category is particularly well-suited for individuals who are seeking to acquire physical gold in a prompt and efficient manner.

No Commissions and Hidden Fees: We have preferred a dealer in this category who doesn’t impose commissions or conceal any extra charges. This guarantees that investors can optimize the worth of their investment without encountering any unforeseen expenses.

Where to Sell Gold Online to Get Cash – Buyer’s Guide

More Ways to Sell Gold Online

Finding the best place to sell gold online? Read below to find out the best place to sell gold jewelry.

Pawn Shops

Configuring where to sell gold? Pawn shops often engage in buying gold jewelry, making it possible for you to sell your precious metal at a nearby pawn shop. Nevertheless, pawn shops may lack the proper equipment required to accurately measure the purity of gold and might not provide the most favorable offer.

Hence, you must understand the true value of your gold before finalizing any transaction with a pawn shop. If the offer presented to you falls short of your expectations, don’t hesitate to decline and seek alternative avenues for selling your gold.

Local Precious Metals Dealers

If you happen to reside near a dealer specializing in precious metals, it’s possible for you to sell your gold to them. These buyers of gold possess extensive knowledge in verifying the legitimacy of valuable metals and evaluating their actual value.

By choosing a trustworthy dealer, you greatly increase your likelihood of receiving a fair offer and enjoy the convenience of conducting the transaction face-to-face.

Local Jewelers

If you’re looking to sell precious metals, consider visiting a local jeweler who may be interested in buying them. In addition, if you have gold jewelry to sell, the jeweler can assess its value beyond just the metal content, ensuring that you receive a fair price for it.

Online Marketplaces Like eBay and Etsy

Finding out where to sell gold online? eBay serves as a digital platform where individuals can sell a wide range of items, including valuable possessions like gold coins and jewelry. However, when selling gold on eBay, extra precautions are necessary to ensure a fair price and avoid fraudulent activity. One advantage of this platform is that you can earn more money for your item since you’re selling directly to buyers rather than going through a reselling website.

Before embarking on the selling process, it’s crucial to familiarize yourself with the current market value of gold and determine the worth of your specific piece. Additionally, you must craft an attention-grabbing listing, handle potential buyers who may engage in negotiations or pose inquiries, ship your items promptly and securely, and patiently await payment clearance.

Tips for Selling Your Gold

See What’s Real Gold

First and foremost, it’s crucial to ensure that what you possess is of utmost value. Not all things that sparkle are genuine, after all. One method to determine authenticity is by examining hallmarks - small imprints on the gold that indicate its purity. Typically, these marks can be found discreetly placed, such as inside a ring or on the clasp of a necklace.

Another option available to you is conducting a simple test using a magnet. Genuine gold doesn’t possess magnetic properties, so if your jewelry sticks to the magnet, it’s safe to conclude that it isn’t made of real gold. If you want more certainty, professional testing can also be sought out.

Professionals utilize specific acids and electronic testers designed specifically for discerning real gold from counterfeit items. While there may be charges associated with this service, the assurance gained from knowing the truth about your gold makes it a worthwhile investment

Check Your Quality

Once you have determined whether your jewelry is made of gold, the next step is to assess its quality. The quality of gold is determined by its purity, which is measured in karats.

In the United States, the purity of gold is measured in karats. The higher the karat value of yellow gold, the purer it is. If your pieces have hallmarks, these markings will indicate their quality. For instance, a hallmark may display "10K", "14K", or "18K," indicating the percentage of gold in your item.

Pure gold has a karat value of 24. However, due to its softness, it often gets mixed with other precious metals to enhance its durability for regular use.

Research Gold Conversions

Don’t know where to sell gold online? To successfully sell gold online, it’s crucial to grasp the concept of gold conversions. While the United States typically uses troy ounces as a unit of measurement for gold, grams are widely used in other countries around the world. Understanding the relationship between these two measurements will provide you with a better understanding of your gold's weight and its corresponding value.

Can I Sell Gold Jewelry?

Certainly, it’s entirely possible to sell gold jewelry. The first decision you need to make when selling jewelry is whether you want to sell it as jewelry or simply as gold. This choice will have an impact on your options for finding a buyer.

Figuring out the best place to sell gold jewelry? If your intention is to sell your gold jewelry as a piece of adornment, then you should consider approaching jewelers, pawn shops, or explore avenues such as eBay or Craigslist for potential buyers interested in purchasing second-hand items. In the case that the jewelry holds antique value due to its age, you may also find success by targeting individuals or shops specializing in vintage goods.

Are you thinking about where to sell gold? Selling your jewelry primarily for its intrinsic worth tends to be more suitable when dealing with gold dealers and companies specializing in precious metals trading. With these buyers, the value of your jewelry will be closely tied to the amount of pure gold it contains. It's important to note that pieces made from higher-purity gold will have greater worth per weight than those made from lower-purity alloys.

Should I Sell My Gold or Save It?

Determining whether to sell or save gold is a personal choice that relies on your individual financial circumstances, objectives, and the best place to sell gold.

If you find yourself in a bind and require quick cash, selling your gold may be a viable option. It offers the ability to swiftly convert a tangible asset into immediately usable funds. If you prefer having money on hand rather than keeping physical possessions, obtaining them now for more essential purposes certainly doesn't hurt. However, if you're considering the long-term implications, it might be more prudent to retain your gold as an investment over time.

Gold is often regarded as a "safe haven" asset due to its tendency to appreciate in value over time. Gold futures serve as protection against inflation and economic uncertainty. Furthermore, possessing gold bars, jewelry, or other precious metals can diversify your investment portfolio. Holding various types of investments can minimize your financial risk.

Therefore, preserving your gold could contribute to long-term financial stability if immediate cash isn't necessary for you at present. Ultimately, deciding whether to sell or save your gold and other precious metals should hinge on your specific goals and requirements.

Alternatives to Selling Gold

There are numerous reasons why you may want to sell your gold. Perhaps you have realized that you possess unnecessary gold and would like to convert it into cash for substantial purchases or other investments.

Alternatively, you might have inherited the gold and prefer not to deal with the task of storing it. If your intention is to sell your gold due to financial difficulties, there could be alternative options available that can offer assistance in meeting your needs.

It’s important to note that many gold buyers may not offer you the full value of your gold if they perceive desperation on your part. Being aware of other alternatives, it allows for sufficient time for you to obtain the best possible amount for your precious metals. This knowledge can help prevent any inadvertent sales of sentimental jewelry or other valuable items made from gold.

In case you face a financial emergency or an unexpected bill, obtaining a personal loan might prove advantageous as an avenue through which one can acquire the necessary funds. To explore further options regarding personal loans, look at this comprehensive list featuring some of the top companies in this field.

Repayment of the loan is necessary, along with the interest payment on the borrowed funds. However, the option allows you to avoid selling your unwanted gold and allows you to maximize its value. While borrowing money should not be your initial choice, sometimes it makes sense, especially when selling at a significantly lower price is the alternative. This approach ensures that you can preserve the full worth of your gold while buying yourself some additional time. Read the above list to find out where to sell gold online.

Best Companies to Sell Gold Online – FAQs

What Is a Troy Ounce?

The precious metal industry utilizes a specific unit of weight known as a troy ounce. This implies that gold is commonly measured, purchased, and sold in troy ounces.

The origins of the Troy weight system can be traced back to 15th-century England. Under this system, 24 grains that make up a pennyweight, and 20 pennyweights are equivalent to one ounce. A troy pound consists of twelve troy ounces.

Approximately speaking, one troy ounce is equal to around 31.1 grams or 1.097 regular ounces. When making rough estimations, it’s safe to assume that a troy ounce is approximately 10% heavier than a standard ounce. Therefore, if you possess one standard ounce of gold, you would have approximately .91 troy ounces. Figuring out where to sell gold online? Visit the list mentioned above to find out.

Is Buying Gold Online Safe?

When it comes to purchasing gold online, safety is paramount. As long as you’re dealing with a trustworthy company, the transaction is just as secure as any other online purchase. To protect yourself from scammers, thorough research of online retailers is essential. Reputable dealers prioritize security by implementing SSL encryption and maintaining PCI compliance.

They provide insurance for all shipments to cover their full value. With these precautions, buying gold online can be a worry-free experience.

If you have made up your mind to buy gold and have spotted the best place to buy gold online, and now you’re worried about where to sell gold online after holding it for profit. No worries, you can sell gold online to the same reputable company from which you have purchased your gold.

Do Gold Dealers Report to the IRS?

Indeed, gold dealers are required to disclose information to the IRS. These businesses are obligated to report any instance where a customer provides a cash payment of $10,000 or higher, as well as when they sell a significant quantity of bulk gold or silver items. Gold dealers have two options for reporting: they can use either IRS form 1099-B or Form 8300. Read the full article to find out where to sell gold online.

Bottom Line on Where to Sell Gold Online

The reputable, reliable, transparent, and fair online gold dealers mentioned above have distinct qualities that appeal to investors for various reasons. Many gold investors choose to diversify their purchases by buying from multiple sources.

Where to sell gold online? Well, there exist some reputable sites. If you're seeking the widest range of products across all categories, Cash for Gold USA should be your initial destination, as it’s the best place to sell gold online.

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.