If you are wondering how to sell physical gold, that is going to depend on a few factors. First, how much gold to you have? Second, what type of gold is it? Is it gold jewelry, bars, coins, or nuggets? All of that being said, the selling of gold is not a difficult process, however, getting what it is worth you will find much harder.
If you have gold jewelry, more than likely you are going to have to sell that locally. Unless, you have a very exquisite and extremely rare piece, it will be valued at the price scrap gold is presently selling at. In other words, the jewelry will be melted down and the gold will be extracted from it.
The best way to sell gold jewelry is to contact a local retail outlets that specialize in the substances. You might also want to look in the newspapers for any ads that say something like the following, “We buy all gold and pay the best price for it”.
If you have gold bars or coins, there will be a known value for each of them. To research your pieces worth, you can look on the internet at various online auction sites where these items are presently being sold. In addition, you can also contact gold dealers that you find on the internet, and ask them what they will pay for the piece you presently own.
In order for you to get the best price possible, you are going to need to check out more than a few buying sources and compare the offers you receive. Remember, if you use an online auction site to sell your gold, there are fees and commissions involved in the process that will eventually be deducted from the cash you receive.