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Selling Gold Coins in Kansas City and Getting a Fair Value - Three Things to Know before You Sell!

Sammy Zabaneh

Selling gold for a reasonable price has never been easier. With prices of the precious metal hitting records almost daily and with the fear and uncertainty continuing to roil the world’s financial markets, gold coin buyers are eager to pay top dollar for any jewelry, coins or bars you care to part with.

Never have there been so many choices on where and how to sell coins. You can find gold and silver coin buyers located conveniently inside or alongside the supermarkets. These coin buyers may or may not offer a good value for precious metals. You may also sell your gold coins online or at a local jeweler or through a pawn shop. But, whenever you think to sell your gold coins, you need to ensure that you are getting the full value for your coin or jewelry.

To avoid any misleading while selling your precious gold or silver coins to a coin buyer, keep these below three points in mind:

Check Credentials: While you sell your coins, bars, or any other precious jewelry, you need to essentially check the credentials of the buyer. Ask a potential coin or jewelry buyer to show you his credentials. If the buyer is legitimate, he will be licensed by the state to buy gold. He will also be needed by law to ask you, the seller, to produce a driver’s license, passport, or some other form of government issued identification. That need exists to frustrate money laundering and the sale of stolen property. If your buyer does not ask to see your ID, take your business elsewhere. Checking the seller identification details appropriately is a symbol of reliability of the jewelry buyer. It reflects proper credentials.

Know if the Jewelry Buyer has Superior Resale Channels: Ensuring this is very important. If the jewelry buyer has a superior resale channel, then they will able to provide you better price for your jewelry. This is the best sign for you to determine that whether you should sell your jewelry to that particular buyer or not. The jewelry buyers in Kansas City that offer the best prices of second-hand jewelry is Joseph Diamonds.

Read the Fine Print: This is an important step that you must never miss out. There are websites that reviews and compares the popularity of the gold coin or jewelry buyers, in order to compare terms and conditions carefully.  Even when consumers sell their gold coins to legitimate buyers, there remain good chances to make costly mistakes by not reading the fine print.

Gold Coins

Why Sell Gold coins to the Kansas City Coin and Jewelry Buyers?

As gold and silver prices have seen and will continue to have steady increases, now is the ideal time to go through your gold and silver jewelry, diamonds, old gold coins, and sterling silver ware or tea sets and bring them to the foremost authority in jewelry buying. Joseph Diamonds has been buying jewelry and other precious metal items for quite a long-time so you can sell old gold coins in Kansas City for the best value.

Whether you want funds for a vacation or a necessity, or if you are downsizing and cleaning out your home, bring your precious metal items to Joseph Diamonds in Kansas City for valuation and current gold and silver rates. While rates for gold and silver are at all time highs, prices fluctuate from day-to-day and you cannot predict which way they will go tomorrow or next week. Keep track of the market and when you have decided the time and prices are right, the team of coin buyers at Joseph Diamonds in the Kansas City will give you the best prices of the day for valuables. At Joseph Diamonds, the buyers will prepare the most attractive offer for you and make your gold coin or jewelry sell lucrative.

How to Value Your Valuables?

Gold is measured and value established by its purity. Troy ounce 24 Karat gold is considered as a pure gold. A smaller the number of karats means the percentage of pure gold is lessened. For instance, 18 Karat gold is 75% pure, 14 Karat gold is 58.3% pure and 10 Karat gold is 41.7% pure. The price of gold is established by weight. One troy ounce of gold is 31.1 grams. Taking all of this into consideration, the qualified professionals for jewelry buying in Kansas City will help you determine the weight of the gold that you have and give you a quote based on the price of gold for that day.

Silver coins are also a great source of extra income. Silver coins can be worth much more than their face value. The content of silver in coins is in alignment with when the coins are minted. Coins with rare dates and mint marks also carry numismatic value.