When coins and old pieces of jewelry are collecting dust in a box and you need cash fast, selling gold is an easy way to clean up the clutter and make money. American Trading Company in Cincinnati, OH gives cash for gold on the spot—and they’ve been doing it for more than 50 years. When clients come to them with treasures like jewelry and coins, they always offer a fair price. 

These three expert tips can help you get the best deal when you want cash for gold.

Find the Right Buyer

Make sure your potential buyer is licensed to buy and sell in your state. If they are, ask if they’re a member of any jewelry trade associations. These organizations require members to uphold high ethical standards, and their membership ensures they will be a reliable transaction partner. You can also check with the Better Business Bureau to see if recent customers have filed any complaints against the dealer.

Know the Price of Gold

As a commodity, the price of gold is constantly fluctuating. The best time to sell is when the price is high. Keeping track of the market rate will help you get more cash for your gold coins and jewelry. Check out Kitco.com for updated information about gold pricing. Be aware that the price you see online is only a reference to help you compare offers. Your gold coin dealer still needs to make a resale profit and will likely offer you less than the current rate.

Know What You Have

The highest-quality jewelry contains the most gold; these pieces will be marked as 24-karat. Pieces marked as 10-, 14-, or 18-karat gold include a higher volume of other metals and alloys. When selling, remember that you’ll only receive cash for gold and not for the additives. Find a reputable gold guide and do your homework to avoid disappointing surprises.

It doesn’t matter if it’s old or broken, American Trading Company will give you a fair price for the gold coins and jewelry you at home. Call (513) 661-3633 to learn more about how to get cash for gold. You can also contact them through their website.