You've probably seen a lot of commercials for gold buyers on TV, heard the radio ads, and even driven by storefronts with giant "We buy gold!" signs. Even if you don't need the money, you've probably thought, should I sell my gold? The answer isn't always yes, but sometimes it is a great move. We at Kris's Coins would of course love to buy your gold, but we encourage our customers to make the best decision for themselves. Here are a several things to consider, and a few reasons why our customers make the decision to sell:
1. Take advantage of the value of gold.
Although the rate per ounce of gold (as well as silver and platinum) changes slightly daily, gold has historically maintained a strong value in the marketplace. When you consider selling your gold pieces, you can come to Kris's Koins to gets free estimate for what your gold is worth, which factors in the current rate of gold, the karats, and the weight.
2. You're not wearing it.
A lot of times, we see at Kris's Koins that people have old, and sometimes broken, necklaces and watches. When you come across a piece that has been sitting in your dresser drawer for a while, it may be time to sell instead of holding on.
3. You no longer feel an emotional tie to it.
If you have been handed down your grandmother's brooch that you have fond memories of her wearing, or your great-grandfather's pocket watch, it may bring you more joy to hang on to it or pass it down to future generations. Most items, however, probably don't hold as much sentimental value, and you would gain more from selling than keeping them. Do an inventory on what you have and what you have inherited, and ask yourself if you would really miss it.