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Tuesday, 12 February 2013

Trading My Gold in Ny Tips

By Kirk Hammer


To Sell my Gold and Diamonds may be a perfect way for me to safely get out of a financial rut. The Forbes, for instance, recently ran a story of a lady who, in the face of a looming foreclosure, turned to her closet and viola her trouble was over. The lady confessed that though she missed her wonderful gold and diamond she was able to forestall a foreclosure. This is a perfect illustration of how you can benefit from a well thought out sale of your gold and diamonds.

When making the decision to sell your gold and diamonds, you should be keen to make use of your business skills. You realize that business decisions are based on your ability to realize a gain, as opposed to a loss, when you make your sale. This means that you have to set certain principles that will help you realize the best deal that not only puts money in your pulse or wallet, but also that will ensure that you do not get throw away prices for your gold and diamonds.

After you have done a good job of snapping your gold and diamonds, the next step is to access the website where you intend to make them available for sale. It is important to note that if you choose a site owned by newspaper you will have to book and pay for the spot. The newspaper may also make it possible for your advert to appear on their hardcopy on a particular day.

You may also decide to make use of online commercial sites like eBay, Amazon or Craigslist. These sites have a do it yourself approach that allows you to upload your picture and provide a simple description as well as the asking price. People will be able to access your offer when they log in to these sites and get offers through the same sites.

It may be important to try another couple of pawn shops before eventually settling for the best offer. You should replicate the above process on all those approached so that in the final end you are able to make a final decision based on the offers on the table. In essence this makes the whole process an entrepreneurial activity involving careful analysis of cost and gains.

There is a small difference between newspaper sites and online commercial sites as far as selling your gold and diamond is concerned. In the case of the latter you per a commission that is calculated as a percentage of your selling price. In the case of the former you are required to pay a fixed fee that is predetermined by the newspaper company.

One you settle on the most appropriate offer, go ahead and organize for payment to be sent to you as you organize for shipping the gold and diamonds to the new owner. Online sale of your gold and diamond is possible without any physical selling avenue thus making it the most hassle free method of selling your gold and diamond.




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