8 Options for Selling Gold Online

If you have unwanted gold rings, bracelets, watches, and other gold pieces, you’ll have no trouble finding many companies dying to buy your unwanted gold online. Price isn’t everything when it comes to selling gold. It is also important to compare the policies and reliability of companies before selling them your gold. As with any online transaction, it’s important to know who you’re selling your gold to in order to ensure you get the best value from an honest dealer. The following offers an overview of eight of the companies that Flipsy has researched so you can make an educated decision and sell your gold for the most money. 1. National Gold Buying National Gold Buying (nationalgoldbuying.com) is a division of Star Group Refining. The company promises better gold payouts because it cuts out the middleman, so you deal directly with the refiner. National Gold Buying purchases rings, gold chains, necklaces, earrings, charms, bracelets, cufflinks, pins, brooches, watches, coins, collectibles, flatware, cups, trophies, and even dental gold. National Gold Buying offers a three-step process for purchasing your unwanted gold: 1. Fill out a form to request a free shipping pack, which includes an insured (up to $1,000) pre-paid return envelope for your gold items. You’ll receive your shipping pack in about two business days. 2. Send in your unwanted goal via UPS; the pre-paid return envelope is good for overnight shipping. National Gold Buying offers an additional 10% gold value incentive for returning your envelope within 48 hours. 3. National Gold Buying will make an offer on your gold the same day they receive it. If you accept the offer, your money will be sent via PayPal, wire transfer, or check the next day. If you do not accept the offer, your gold will be immediately returned to you. Note that check payments are free, but wire transfers incur $30 fees and PayPal payments incur standard PayPal fees. National Gold Buying reviews and ratings National Gold Buying has held Better Business Bureau Accreditation since October 1, 2012, and has an A+ BBB rating with no reported complaints. Customer reviews on Where2SellGold.com were all favorable at the time of this writing; in fact, National Gold Buying was recognized by the site for offering the greatest payouts for unwanted gold among those compared. In addition, ScamAdvisor.com gives National Gold Buying a “High Trust” rating. No customer reviews for National Gold Buying were posted on Trust Pilot or Reseller Ratings. 2. Express Gold Cash Express Gold Cash (expressgoldcash.com) is a family-owned and operated business with more than 50 combined years of experience in the gold industry. The company says it offers the best payouts and offers a unique 30-day guarantee: if you don’t like their offer, they’ll send your gold back along with $20. Like other gold buyers, Express Cash Gold purchases a number of gold items including watches, coins, bracelets, necklaces, other jewelry, flatware, and dental gold. Express Gold Cash’s three-step process: 1. Request an Express Gold Cash Pack by filling out a form on the company’s website. Your pack will include a pre-paid envelope insured for up to $5,000. You can also opt for a 24-hour express pay package by printing your pre-paid mailing label directly from the website. 2. Place your gold in the pre-paid envelope and ship overnight via FedEx. 3. Express Gold Cash will make an offer; if you accept the offer, you can opt for payment via check, direct deposit, or PayPal. Note that accepting payment via direct deposit and PayPal waives the 30-day guarantee. Express Gold Cash reviews and ratings Express Gold Cash has held Better Business Bureau Accreditation with an A+ BBB rating since 2008. Top Consumer Reviews ranked Express Gold Cash the #1 cash for gold website for 2014. In addition, Top Online Gold Buyers listed Express Gold Cash as having the highest gold payout from samples sent to multiple gold buyers. 3. GoldFellow GoldFellow (goldfellow.com) is unique in a couple of ways. First, it’s one of the few online gold buyers that has retail locations nationwide. Second, GoldFellow strives for transparency, from introducing its founders and team members on its website to opening your gold-containing envelope under a video camera. GoldFellow’s process: 1. Request a free “Track Pak” to place your gold items in, which comes with a pre-paid FedEx shipping envelope insured for up to $2,500. You can also print a free mailing label if you don’t want to wait for it to be mailed. 2. Send your Track Pak back to GoldFellow, which offers same-day processing and emails you an offer (it also posts your offer on its website, accessible via login). 3. If you accept the offer, you will be paid via your choice of check, overnight check, wire transfer, or PayPal. Note that checks arrive within six business days, overnight checks incur a $23 fee, wire transfers incur a $10 fee, and PayPal payments incur standard PayPal fees. If you decline the offer, your gold will be mailed back to you free-of-charge. GoldFellow reviews and ratings GoldFellow has held Better Business Bureau Accreditation with an A+ BBB rating since 2008. GoldFellow has also earned overwhelmingly positive customer reviews on Yelp.com. There are some negative reviews on Ripoff Report; however, the complaints posted on those sites are dubious in regards to authenticity. 4. GoldCashOut GoldCashOut (goldcashout.com) offers a guarantee that you’ll receive the highest payout for your gold: If you’re unsatisfied with your payout, you can return your check within 15 days and have your gold returned. With more than 28 years in the gold industry, GoldCashOut promises to beat any written offer for your gold and offers a $50 cash bonus on payouts over $250. GoldCashOut’s process differs somewhat from the previously-mentioned gold buyers: 1. Request your GoldCashOut envelope by filling out the form on their website. You’ll receive your envelope within two to five business days. 2. Place your gold in the pre-paid envelope and have it shipped to GoldCashOut via FedEx. GoldCashOut’s website indicates your package is insured, but does not make the insured amount readily apparent. 3. After receiving your gold, GoldCashOut will determine its value and immediately cut you a check. The site does not make it clear how long it will take to receive your check. 4. If you are dissatisfied with your check, you can return it within 15 days of the date inscribed on it to receive your gold back. GoldCashOut reviews and ratings GoldCashOut is not Better Business Bureau Accredited and has no BBB rating. The company’s website has a list of testimonials, but no reliable third-party reviews were found. Where2SellGold.com noted that GoldCashOut mails checks without offer acceptance, though the company makes this clear on its website. 5. Empire Gold Buyers Empire Gold Buyers (empiregoldbuyers.com) is a refiner that promises to payout up to 96 percent of your gold’s true market value. It achieves this by cutting out the middleman and processing gold in large volumes. Like other gold buyers listed here, Empire Gold Buyers purchase a variety of jewelry and other gold items. The Empire Gold Buyers process: 1. Request a pre-paid overnight FedEx envelope, which is insured up to $25,000. 2. Place your gold in the envelope and ship it to Empire Gold Buyers. USPS shipping is also available as an alternative to FedEx. 3. Empire Gold Buyers open your envelope under a video camera and determine its value. They’ll call you with an offer; if you accept, they’ll send your payment that same day via PayPal, check, direct deposit, Western Union, or MoneyGram. If you decline the offer, they’ll mail your gold back to you. Note that some payment methods might incur additional fees. Empire Gold Buyers reviews and ratings Empire Gold Buyers, a division of Ancor Gold, has held Better Business Bureau Accreditation since 2008 and has an A+ BBB rating. The company was featured on CBS News as a legitimate way to make money from home. However, the company has a 1.5-star rating and several negative reviews on Yelp.com. Google reviews are more favorable, with a 4.7-star rating. 6. Cash for Gold USA Cash for Gold USA (cashforgoldusa.com) is a well-marketed gold buyer that has paid more than 250,000 people for their unwanted gold. Cash for Gold USA offers a unique “Gold Price Maximizer” program: if the price of gold goes up within 30 days of your transaction, Cash for Gold USA will send you a check for the difference between what you were paid and the new, greater value. Cash for Gold USA also offers a $50 bonus for payouts greater than $250. Selling your unwanted gold to Cash for Gold USA is a three-step process: 1. Request a “Safepak” mailer via the company’s website. The mailer will include a pre-paid envelope insured for up to $1,000. 2. Send your gold to Cash for Gold USA via USPS. 3. Cash for Gold USA will determine its value and send you a check. If you are unsatisfied with the amount of the check, you can return it within 14 days of the date it was written and receive your gold back. Cash for Gold USA reviews and ratings Cash for Gold USA does not have Better Business Bureau Accreditation, but does have an A+ BBB rating. At the time of this writing, the BBB reported 69 complaints against Cash for Gold within the past three years, and all 69 complaints had been closed. In addition, the BBB reported 22 total customer reviews: 20 negative, one neutral, and one positive. 7. Just Sell Gold Just Sell Gold (justsellgold.com) has more than 50 years of professional gold-buying experience and routinely purchases all types of unwanted gold, from watches and other jewelry to flatware, coins, and dental gold. The company offers a unique 110% guarantee, which means they’ll beat any competitor’s offer by 10 percent. The Just Sell Gold process: 1. Request a “Free Gold Kit” via the company’s online form; you can either have them send a pre-paid FedEx overnight envelope or you can immediately print a mailing label. Both are insured for up to $5,000. 2. Send your gold overnight to Just Sell Gold. 3. Just Sell Gold will give you a written offer for your gold. If you accept the offer, they will submit payment within 24 hours. If you decline the offer, they will send your gold back to you. Payment options are not immediately evident on the company’s website, though it does mention the availability of check payment and free direct deposit. If you’re unsatisfied with your payout, you can also return your check within 30 days to have your gold returned to you. Just Sell Gold reviews and ratings Just Sell Gold has held Better Business Bureau Accreditation since 2011 and has an A BBB rating. 8. SellYourGold.com SellYourGold.com promotes its practice of being transparent throughout the entire gold-selling process, from tracking your shipment to being accessible via email, phone, or live chat. SellYourGold.com also has a unique referral program: refer your friends, and you’ll receive payment for 10 percent on top of your friends’ payouts. The SellYourGold.com process: 1. Request a free appraisal kit from the company’s website. Your kit will be delivered to you; alternatively, you can instantly print a pre-paid FedEx label. 2. Place your gold items into the provided Tyvek return envelope, which is insured for up to $1,000, then schedule a FedEx pickup. 3. SellYourGold.com will contact you with an offer; if you accept the offer, your payment will be issued within 24 hours. If you do not accept the offer, your gold will be returned to you. Payment options include check, PayPal, wire transfer, and overnight check. Note that wire transfer and PayPal payouts are faster, and that some payout methods could incur additional fees. If you’re not satisfied with your payout, you can return your check within 10 days of accepting SellYourGold.com’s offer and your gold will be shipped back to you. SellYourGold.com reviews and ratings SellYourGold.com has held Better Business Bureau Accreditation since 2009, and has an A BBB rating. In addition, SellYourGold.com has a 5-start rating on TrustLink with more than 175 customer reviews, the vast majority of them positive. Finally, The Today Show (2010) noted that the company gave the best offer for gold out of ten companies tested at 90 percent of the full market value. Where to sell unwanted gold? Whether you have unwanted gold lying around or just need some quick cash, online gold buyers can help you sell it fast and easy. Which service you go through depends on your level of trust with each, how and when you want to be paid, and helpful reviews that can lend insight into which option for selling gold online is best for your unique situation.