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Gold Prospecting
Gold localities & information
Selling gold - how, why, where
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<blockquote data-quote="mbasko" data-source="post: 568926" data-attributes="member: 4485"><p>There's a few ways to go about it & each has it's plusses & minuses for small parcels.</p><p></p><p>A face to face sale is probably the least risky.</p><p>If selling via a method that needs postage take photo's of the packaging/package clearly showing it's undamaged/not tampered with & the buyers address before sending. Send it as registered post - tracking + sign for.</p><p></p><p>eBay - usually can get higher than spot but then you've got fees to pay. There's also risk with some buyers claiming they never received the item, stolen in transit etc. Any dramas & your at the mercy of eBay, not good!</p><p></p><p>Forum for sale section - you can be picky about who you sell to, long standing member etc. Can get up to spot. Postage risk as above if not a face to face deal.</p><p></p><p>Find a gold buyer in Canberra, some Jewellers etc. buy, (not one of the scrap gold buyers in shopping centres etc. - they will offer a lowball price) - they are pretty easy to check out as legitimate. They will usually XRF analyse the gold & pay that percentage less buyers premium i.e. say 96% pure less around 10% so depending on purity you might get about ~86% of the spot price on the day. Little risk - gold & cash exchanges hands on the day.</p></blockquote><p></p>
[QUOTE="mbasko, post: 568926, member: 4485"] There's a few ways to go about it & each has it's plusses & minuses for small parcels. A face to face sale is probably the least risky. If selling via a method that needs postage take photo's of the packaging/package clearly showing it's undamaged/not tampered with & the buyers address before sending. Send it as registered post - tracking + sign for. eBay - usually can get higher than spot but then you've got fees to pay. There's also risk with some buyers claiming they never received the item, stolen in transit etc. Any dramas & your at the mercy of eBay, not good! Forum for sale section - you can be picky about who you sell to, long standing member etc. Can get up to spot. Postage risk as above if not a face to face deal. Find a gold buyer in Canberra, some Jewellers etc. buy, (not one of the scrap gold buyers in shopping centres etc. - they will offer a lowball price) - they are pretty easy to check out as legitimate. They will usually XRF analyse the gold & pay that percentage less buyers premium i.e. say 96% pure less around 10% so depending on purity you might get about ~86% of the spot price on the day. Little risk - gold & cash exchanges hands on the day. [/QUOTE]
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Gold Prospecting
Gold localities & information
Selling gold - how, why, where
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