How to make money selling scrap gold

Edit this Article. Selling gold for scrap doesn’t always make sense, and the only way to tell if it is a prudent decision is to figure out the market value of the crafted piece. That number goes into the mailing package with your gold. I have a collection of Bradford and other exchange purchased commemorative gold, silver and platinum coins that a relative left me when she died. Keep a close eye on online auction sites. Learn why people trust wikiHow.

Tools of the Trade

Do you want to start sfrap scrap gold business from home? If YES, here is a detailed guide on how to make money recovering scrap gold from electronics. If you just stumbled on this article, you would be glad you did because only a few people have their eyes opened to the fact that making money from just recovering scrap gold from condemned computers or electronics is indeed in existence. That is right! As a matter of fact, a ton of computer circuit board and micro chips contains as much as times more gold than what is obtainable in one ton of gold. The good thing about this process is that it would only cost you about 20 US Dollars to recover 1oz. You can start right from where you are.

Tools of the Trade

You can make good of money when you start a scrap gold-buying business, but it carries some risks. Your business can be as large or small as you want, and you can still make money with one gold-buying event per month. You may want to stick with a fast turnaround unless you want to keep the gold and risk your investment on this bumpy ride. Gold buying is a cash business, and it takes plenty of it to get started. Carrying this much cash also necessitates security and staying with customers you know and trust. Unless you plan your gold-buying business for quick turnover, you can ride the volatile gold prices and make even more money or lose much of your investment.

Make Money in Precious Metals Cut Out Middle Man

Getting Started

When preparing to buy gold or sell it for a profit, remember to deal only with established, reputable companies. Gold is a fascinating commodity — one of the oldest forms of investment, wealth, as well as deeply sentimental when in the form of jewelry and other art. Did this article help you? This article was co-authored seling our trained team of editors and researchers who validated it monej accuracy and comprehensiveness. You could advertise online and accept gold that customers mail in. As an Amazon gole I earn from qualifying purchases. Keep a close eye on online auction sites. These are people who come to a town and advertise that they are buying gold for a great price. Continue to expand your local and regional marketing efforts. Categories: Gold Buying Precious Metals. How to make money selling scrap gold is almost no value whatsoever in that so it wouldn’t be worth removing it.