The Best Gold & Silver Buyer in Vancouver, Canada

With the current price of gold at a record high, a lot of people decide to sell their unwanted gold jewelry. So you might want to find a fair gold jewelry buyer which you could trust in Vancouver. Even as gold steadily increases in price the likelihood of finding a reputable gold jewelry buyer hasn't gotten much better.

The preferred Vancouver Gold Buyer

When you have decided to sell your gold jewellry, you have many options available to you in regards to selling. These options provide you with a lot of choices.

The best way to sell gold jewelry is to look on the internet.. check multiple websites and also the prices that they offer and pick the highest price buyer per gram. From our research Gold Vancouver offers the highest price in all of Canada and they also have comparison list on their site comparing many of the major gold buyers.

There are Gold buyers that do parties in people's homes, also known as Gold parties, where the host throws a party and invites people to come over and bring their gold. The major drawback is that a gold buyer may use underhand sales tactics to have you sell gold for a fraction of the actual value.

Selling Your Gold for Money in Vancouver, B.C.

The best option, if you are based in Vancouver, B.C., is to go visit Gold Vancouver in person, they pay the highest price in Canada for Silver and gold. They offer free no-obligation quotes, friendly service and no hidden fees at all.

Your worst option is with a mail-in online internet business with pre-paid shipping packages to sell your gold. Even though you can receive your money without ever leaving your home many buyers that will take advantage of you, charge you extra fees and discount your gold up to 60%.

The whole point of selling your gold jewelry is to get top dollar for gold items. There is some sort of gold jewelry buyer literally everywhere you turn; your job is to verify you get the most cash possible.

Before you sell gold to a gold buyer, it is important to have the right expectation. Here are a couple things note when setting expectations with regard to payout:

1) Payments from your gold buyer do not reflect retail value.

The retail price you buy gold jewelry is a composite of two elements, first the price of gold and secondly the artistic value of the jewelry. Retailers have been known to mark up prices by 3, 15 and even twenty times the worth of the precious metals. Even if a piece of jewelry was bought at discount, it is usually priced much more than the intrinsic value of the metal.

Gold buyers do not look at the artistic value of a piece, but instead only consider the asking price of gold, the purity as well as the weight when determining the worth of the piece of your gold jewelry.

2) Insurance coverage appraisals are for "retail substitute value."

An insurance appraisal from your jewelry does not equal the worth of the gold. Insurance appraisals set the cost to replace a damaged, lost or stolen piece at retail value. The fine print of most insurance assessments says, "Not an offer to buy". Bottom line, insurance appraisals reflect what you may buy the jewellry for, not at all what you can sell it for.

3) Jewelers use appraisals as marketing resources.

Jewelers may offer more for a jewelry for trade-in only. You may be getting "more" for the jewelry, but only as a swap for another item marked up by the seller.

4) Not all identifying karat stamps are legitimate.

Sometimes gold has been intentionally incorrectly marked by the maker to get extra money out of you. Gold buyers use state-of-the art testing technology to check the gold they are given. Although engravings are found on most jewelry to suggest its karat or precious metal purity level, not all hallmarks or identifying stamps are correct.

Most countries tend not to require an independent alternative party to verify jewelry's precious metal content, therefore some shady merchants stamp jewellry incorrectly to misrepresent the quality and to make customers think they are getting a lot more.

On the other hand, the opposite is sometimes true. Sometimes gold can have no markings at all, even though it is actually real gold. This is particularly the case with custom jewelry or foreign pieces.