Guide To Selecting Reputable Gold Dealers

Australia is one of the leading gold producers in the world. Besides having more mines than most countries, Australia has a large number of gold buyers or gold dealers. It has been that way since the gold rush of the mid-1800s. In cities like Brisbane you can find a gold buyer or a pawn shop that is willing to “pay the best prices for your gold” but most of these dealers aren’t what they seem. Finding a good reputable dealer who lives up to what they promise to get you to sell gold bullion Brisbane can be tricky. Here is a quick guide to finding a good bullion dealer:

Do your research

A couple of years ago you would have had to use the yellow pages to search for gold dealers in Brisbane. The Yellow pages are still there, but they have gone digital just like everything else. So, to find gold buyers in your area you simply need to use a search engine and go through the list that comes up for you. However, don’t rely on the internet so much. You can make your own enquiries by asking friends and family and local people about the best place to sell gold.

The older the better

Look for a dealer who has been in the business for a long time. This guarantees that they have the expertise and have seen the gold market go up and down often enough to be able to give you great advice and service when you have bullion to sell. Dealers like Brisbane Gold Company and ABC Refinery are just two examples of dealers with decades of experience.

Think Physical Presence

These days there are gold dealers who only operate in the virtual world of the internet. The internet has changed the way people conduct their businesses, but when it comes to precious metals like gold it is better for a bullion dealer to have a physical address in addition to a user-friendly website.

Reviews matter

Reputable dealers pride themselves on having a long list of satisfied customers. They display customer reviews on their websites. Good gold dealers also get mentioned on customer review sites. Before you sell gold Bullion Brisbane, you should find out if the dealer provides personal service and try to get real-life recommendations by investors other than those online reviewers.

Consider selling locally first

When you have gold to sell and you are uncomfortable with the online selling route, try looking at local dealers. The great thing about selling to your local dealer is that you can drive down or walk there, give the gold have it tested, weighed, agree on a price and walk out with your money in hand. You may find more than one coin shop in your area and a couple more within driving distance. If there is anything that Brisbane lacks, it is not gold buyers. There is nothing like instant cash when you need it.

Shop your gold around

There are different places where you can sell gold Brisbane. You can sell your gold to a bullion dealer, a coin collector, a refinery and a pawn shop. All these potential buyers operate differently and their offers may vary too. Get appraisals from as many buyers of gold as you can to find out who would be willing to pay you more for your gold.