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Advice on My Gold Envelope and Selling Your Gold and Precious Metals

Jul 20th, 2009 | By alex | Category: Financial

I am considering selling my gold through one of those companies that offer to buy my gold via gold mailers and envelopes. One service I am considering is My Gold Envelope. Could you tell me more about My Gold Envelope?

My Gold Envelope is one of the industry leaders in the gold buying business of buying unwanted gold and jewelry from consumers through the mail. To get started with MyGoldEnvelope, you simply request a free gold pak from them, which is a free postage paid and insured mailer. Once you send in your gold or jewelry, My Gold Envelope will evaluate what you send in and determine how much they will pay you. Your satisfaction is guaranteed with MyGoldEnvelope; simply let them know if you are satisfied with the payment amount and they will send you back your gold or jewelry.

My Gold Envelope provides great customer service including tracking for you package to them as well as communications all steps of the way. The best thing about MyGoldEnvelope is their double guarantee in which if you can find a better payout for your unwanted gold or jewelry that they will double that payment. My Gold Envelope offers you two options for getting paid, with choice of a check or electronically using Paypal. MyGoldEnvelope guarantees that you will get paid within 24 hours for processing and issuing.

My Gold Envelope is a Better Business Bureau BBB accredited business and a member of the Jewelers Security Alliance. MyGoldEnvelope has been seen on NBC, Fox, CNBC, Food Network, HGTV, Lifetime, and the Discovery Channel.

In general, what are my steps and options for selling my gold or precious jewelry?

Before you start getting your gold and precious metals appraised and get offers for selling it, you should take a full inventory of it. Take pictures and documentation of everything so you have records. All these things can help you get the best prices for your gold and precious jewelry especially if they can be resold in their condition.

The next step is to research the gold market so you know about the current gold prices. You can find much of this information on different websites on the internet. Now you are more informed about the market, have an inventory of your gold and precious metals, and are ready to start getting offers and appraisals.

There are many options for selling your gold. The first option is jewelry stores and antique shops especially if your jewelry and gold is in a good condition, has good craftsmanship, and can be resold by those stores. If you certificates and documentation for your gold and jewelry, you can also get a better offer and price for selling your gold. You should deal with jewelry and antique stores that are affiliated with or part of a trade organization to ensure that the store had strong standards for ethics,
professionalism, and customer service.

Another option that you can consider is selling your unwanted gold and precious jewelry is selling in live or online auctions. It does take some expertise, knowledge, and experience to conduct these auctions and get good prices for your gold or jewelry. It also takes a bit of luck to get a few people bidding against each other to get you a great sale price for your unwanted gold or precious jewelry.

The last and probably most convenient option is to sell your gold online or through the mail. These gold buyers often advertise on television or the internet so you may have seen them around. They offer convenient mailer envelopes which you mail back with your unwanted gold and jewelry, and then they send you a check for your gold. If you are interested in this convenient option for selling you gold, continue reading for good practices to consider for getting the best deal for your gold and protecting yourself.

Do you have any general advice regarding selling my gold through gold mailers and envelopes?

Since there are so many gold buying companies these days offering gold mailers and envelopes for buying your unwanted gold, precious metals, or jewelry. You will see many of these advertised on television or on the internet, but some of the consumers of these companies have complained to the BBB Better Business Bureau which oversees customer service, customer satisfaction, and good business practices in many cases.

The BBB advises that consumers do their homework and research each services to be considering before choosing a gold buying service that best fits your needs. Look at each of the gold buying service’s websites, find their contact information, and ask their customer service representatives your questions. Find their rating with the BBB and make sure that they have an A rating, since the BBB’s purpose is to help consumers make better decisions regarding getting the service and satisfaction they seek.

When you pick a gold buying company, be sure to choose companies that offer you a free gold mailing kit and ones that offer insurance, postage, and tracking for your packages. You should choose these to ensure that your gold and precious metals get to the gold guys without any trouble. Ask the gold buying company’s customer service representative about all these issues if you have any concerns. Also, be sure to pick a gold selling company that will guarantee getting your gold, jewelry, or precious metal back should you not be satisfied with the payment check they send you.

Research, knowledge, and informed decisions are the key. Do your research and gather information as well as ask other friends and family who have gone through the gold selling process for their experiences and advice. Some of the most popular, oft used, and well trusted gold sellers that deal with gold envelopes and mailers are Cash 4 Gold cash4gold, US Gold Buyers usgoldbuyers, Dollars 4 Gold dollars4gold, and My Gold Envelope mygoldenvelope.

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