what's going on everyone it's bray which
could you find jewelry
short personal july i made videos on how
to buy your gold
wear your gold but in this video i'm
talking about when it's time to resell
it
the things you should not do and some
kind of tips tricks
to get the most value back for your goal
because we're talking gold we're talking
money
with that being said let's get started
if you want to ruin a jeweler's day talk
price per gram why that is the most
important thing when buying or reselling
gold
is that price per gram jewelers want you
to know what they want you to know teach
you educate you to build your trust but
at the end day for you guys it's that
price per gram that's
the exact gauge the market price for
gold
and you could easily access that
information just like you could check
the weather
you could check how much gold is on my
phone on my app
33 dollars and 18 cents market price for
14k
gold right now and you could google that
you there's apps like i have
you could use to know exactly what the
market price is
now the reason why i say that is because
you want to break it down to a price per
gram
you weigh you get all this gold you put
on the scale the jeweler calculates it
says hey here's a big number all cash
all 100
bills you might get excited but don't do
that break it down further more
to price per gram so if you have 100
grams they give you x amount divide that
out and see what the price per gram
is and then know that going into the
shop the pawn shop
resale store whatever it is the price
per gram so you can know exactly what
you're getting
and the negotiations can really start
beauty and benefit of buying gold is
easy to resell and the value is there
i've been in a position in my life where
i had to resell gold
to raise funds and i'm sure a lot of you
guys have been or considered that as
well
and within five minutes of where i'm
sitting i'm sure i could find two three
stores that will give me
quick cash for that gold the main point
of that two three stores is
there's many buyers out there guys you
go in you might be desperate you might
have an urgency sell
gold do not take the first bite you
don't have to sell it to the first store
you go
into call around don't even go to store
call around hey i got
some gold i want to sell it's 14 k go
what's your price per gram
on buying gold today right now what's
the contingencies
and shop around based off that you're
shopping around when you're buying your
gold you need to shop around when you're
selling your gold because there's gonna
be different offers
don't let them convince you that they're
doing you a favor by giving you gold and
cash and they got to sit on it for 30
days and it's like this terrible thing
no
they're making money quick money off of
your gold
so you need to have that value just like
your gold has that value
everybody wants that gold because it is
quick easy money
so you need to know that you have value
worth going into selling it and
shop around based off that again a
dollar fifty cents per gram more if the
next guy's selling it more
it's going to make a big difference and
worth your while call around shop around
see who's the highest bidder
for your gold and when shopping around
try to go to stores that you know focus
on buying reselling gold
they will offer you a higher price per
gram compared to a high-end jewelry
store
that's doing it more of a service a
favor for clients
um and when you do more quantity you
could buy more and you resell more you
have better connections
you guys get the point but with that be
careful of the crooks out there
if you go in there with a 14 karat gold
chain stamp everything looks good
they do a little scratch test or
whatever they're doing and they try to
convince you hey i can't really confirm
this is 14 karat gold
i'm taking a big gamble here it might be
10k i got to offer you a little bit
less don't do that get your gold go to
another store that has professional
testing equipment that can verify right
in front of your face
for sure 100 that is what the purity is
so
a lot of people do that they'll say i'll
give you this price and you go they do
it and they're like i can't guarantee
it's this so i got to give you less i'm
taking a gamble here i'm doing you a
favor i have to front it
all those things be sure know what you
have going in there
and don't let anyone tell you otherwise
the big question is how much should i
sell my gold what is a fair deal
that's really up to you how many stories
are going to call to compare how hard
are you gonna have
when you go to that store to get a
little extra price per gram remember
price per gram
and on the other side if you're buying
the gold there's liability there with
state laws some states you have to hold
it for 30 days
and then with gold you never know where
it's going to go so they have to factor
that into their price per grand profit
as well as they're fronting the cash
they got to hold that gold so
it's not an easy business but without
you guys
don't don't don't go in there and
thinking they're gonna do you a favor
and they're helping you out they're
gonna get the cash
without you guys without your gold they
don't have a business remember that so
they need you
to go and help them out and they're
gonna help you out by giving you
quick cash that is the good thing with
gold so easy to resell
yes you're not going to get what you
paid for but you're going to get
most likely more than anything else you
own back
and that's why i love gold that's why i
like selling gold as well as making
these videos to help you guys
if you ever need to resell gold because
it's not fun you could go the route of
going on ebay you're going to get more
per gram if you sell to someone else
but if you just need that quick crash
don't want to deal with that
then go and research find stores around
you
and then just compare their price per
gram what they're buying
what they're willing to give you today
for your gold that's it for today's
video thank you guys for watching we'll
see you on our next jewelry video