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7 Best Places to Get Cash for Gold in 2023

cash for gold

Are you searching for the ideal place to tap into the untapped potential of your valuable gold? Search no more! In this shimmering adventure, we reveal the most esteemed and profitable companies prepared to swap your beloved gold for a treasure trove of money.

Embark on a journey through a world filled with distinguished buyers, seamless transactions, and unmatched customer experiences as we introduce you to the very best cash-for-gold companies. So if you're prepared to transform your golden possessions into sparkling possibilities, continue reading to uncover the shining stars of this industry!

>> Best Cash for Gold: Cash for Gold USA >>

7 Best Companies to Get Cash for Your Gold

>> Visit Cash for Gold USA >>

Cash for Gold USA – Best Cash for Gold Company Overall

7 Best Places to Get Cash for Gold in 2023

Cash for Gold USA is renowned as a well-established and highly regarded global buyer of gold. They offer a diverse range of services, allowing individuals to sell their golden jewelry, scrap gold, and golden coins from anywhere in the world. 

Their reputation in the online jewelry-buying industry has been built on providing some of the most competitive rates available. The trust they have garnered from customers over the years can be attributed to their efficient and prompt service, as well as their ability to offer highly favorable rates.

One standout feature offered by Cash for Gold USA is their "Gold Price Maximizer" program, which sets them apart from competitors. This unique program ensures that if the price of gold in the market increases within 30 days after a transaction, they’ll compensate customers for the difference. This showcases their commitment to ensuring that customers receive maximum value for their gold items by keeping up with market fluctuations and offering fair compensation accordingly.

Furthermore, Cash for Gold USA's unwavering commitment to upholding exceptional standards is clearly demonstrated by their A+ rating from the Better Business Bureau (BBB) and an outstanding 4.7 out of 5 stars on Trustpilot. These achievements serve to reinforce their position as a reliable and esteemed gold buyer within the field.

How to Sell

In order to sell your golden items, you will need to fill out a form on their website. After a few days, they will send you an envelope through USPS Mailer or FedEx. You must then return the envelope with your items inside. Payment will be made within 24 hours of receipt. Shipping is free and all packages are insured for your peace of mind.

Pay

The value you can anticipate for your valuable golden belongings is influenced by the current gold market and the specific item you possess. To determine the precise melt value of a particular item, their website offers a calculator tool. In the event that you’re dissatisfied with the amount offered, they allow returns and will return your gold to you.

>> Best Cash for Gold Company: Cash for Gold USA >>

Express Gold Cash – Best Cash for Gold Company for Quick Transactions

7 Best Places to Get Cash for Gold in 2023

With over 25 years of experience in the industry, Express Gold Cash has established a strong reputation as a trustworthy gold buyer. Their extensive range of services includes the purchase of various types of golden jewelry, such as engagement rings, watches, coins, dental gold, and other valuable metals.

For individuals who are still undecided about selling their items, Express Gold Cash offers multiple avenues for inquiries. Customers can reach out to them either by phone or through an online form. The company takes great pride in its commitment to honesty, transparency, and reliability when it comes to assessing the value of purchased items.

Express Gold Cash's exceptional performance has earned it an A+ rating with the Better Business Bureau. This rating serves as further evidence of their dedication to upholding high standards and ensuring customer satisfaction. Moreover, their remarkable Trustpilot rating of 4.9 stars backed by over 4,500 reviews solidifies their position as a reputable and dependable choice within the gold buying industry.

How to Sell

To sell your gold to Express Gold Cash, simply complete an online form to request your Appraisal Kit. Once you've done that, you'll receive shipping instructions and can expect payment within 24 hours of them receiving the package. Rest assured, all shipments are sent via FedEx Overnight at no cost to you and are insured for up to $5,000.

Pay

Express Gold Cash offers competitive payouts for gold bullion and refined jewelry. They pay up to 90% of the gold bullion value and as much as 85% of the value for refined jewelry. The price they offer is based on the current market price, which is updated daily on their website. 

On their website, you can also find a wide selection of items they accept and the corresponding prices they pay. If you receive a better offer from a competitor that exceeds $1000, Express Gold Cash will match it through their Best Price Guarantee program and give you an additional $100 bonus.

>> Visit Express Gold Cash >>

Liberty Gold and Silver – Best Cash for Gold Company for Precious Metals

7 Best Places to Get Cash for Gold in 2023

Founded in 2012, Liberty Gold and Silver is a company that specializes in buying different types of gold jewelry and coins. While their website may not provide extensive information, they offer exceptional customer support through a 24/7 phone line. This allows customers to seek assistance regarding their gold items, pricing inquiries, or shipping concerns at any time.

Despite being a relatively new player compared to some competitors in the industry, Liberty Gold and Silver has managed to gain the trust of its customers over time. Their dedication to reliability and ensuring customer satisfaction has earned them an A rating from the Better Business Bureau, solidifying their reputation as a reputable buyer of gold.

How to Sell

Begin by completing the online form provided on their website. Once done, a secure UPS envelope will be sent to you, which can be dropped off at any UPS shipping center. Rest assured that shipping is completely free and comes with insurance coverage of up to $1,000. 

Should your items exceed the envelope's capacity or hold a value surpassing $1,000, you have the option to use the US Postal Service and arrange your own insurance. In these instances, Liberty Gold and Silver will reimburse both shipping expenses and insurance costs.

Pay

You can find extensive details on their website regarding the methodology they employ to determine the value of your gold items. They provide a 110% price match assurance, which means that if you come across a superior offer elsewhere, they will not only match it but also increase it by an additional 10%. 

After they receive your items, you will be contacted either via phone or email with a quotation. If you’re satisfied with the quote, they will issue you a check as payment. Alternatively, if you prefer a bank transfer instead of receiving a check, this option is available for an extra charge.

>> Visit Liberty Gold and Silver >>

Luriya – Best Cash for Gold Company for Convenience

7 Best Places to Get Cash for Gold in 2023

Luriya holds a prominent position in Manhattan's well-known "Diamond District" as a leading buyer of gold. With over two decades of experience in the industry, they have established themselves as a trusted entity for individuals seeking to sell their gold items. Even if it’s not feasible to visit their physical store in New York, Luriya offers the convenience of selling gold online.

Recognized for their professionalism and exceptional customer service, Luriya's team has consistently provided top-notch assistance to clients for numerous years. By transitioning their services to the online platform, they have successfully maintained the quality of customer experience and upheld their commitment to excellence. When engaging with Luriya, you can anticipate nothing less than superior service and complete satisfaction throughout your journey of selling gold.

How to Sell

If you're looking to sell your gold to Luriya, simply complete their mail-in kit form. You have the option to select a delivery method from FedEx, DHL, UPS, or the US Postal Service. Once you receive the kit, just place your items in the provided envelope and return it to them. 

The shipping is completely free and comes with insurance coverage up to $1,000. If you require additional insurance for up to $1 million, Luriya can make those arrangements as well.

Pay

Luriya is in need of additional details regarding the pricing they offer for gold on their website. To obtain an offer, you have the option to either order a mail-in kit or provide the necessary information for a free appraisal of your valuable items. Skilled professionals from Luriya will carefully examine your golden item and present you with a payout that’s both fair and competitive.

>> Visit Luriya >>

SellYourGold.com – Best Cash for Gold Company for Online Selling

7 Best Places to Get Cash for Gold in 2023

With a rich history spanning over five decades in the gold-buying sector, SellYourGold has established itself as a prominent player. Employing their own innovative technology, they conduct thorough testing on all gold items to ensure that customers receive the most advantageous offers. Their comprehensive range of services includes purchasing various golden commodities such as jewelry, coins, and bullion.

The trust and confidence that SellYourGold has cultivated over the years is evident in the numerous individuals who choose to sell their gold exclusively through them. Boasting extensive experience and a commitment to providing competitive prices, it comes as no surprise that many consider them their top choice. 

The fact they have maintained high standards is further reinforced by their A+ rating from the Better Business Bureau. Additionally, with an impressive 4.8-star rating on Trustpilot backed by more than 6,600 reviews, SellYourGold solidifies its position as a reputable and highly regarded entity within the industry of buying gold.

How to Sell

To sell your valuable object to SellYourGold, you will need to visit their website and complete the online form in order to receive a complimentary appraisal kit. Once you have securely packaged your items, you can ship them using FedEx. 

The shipping service is provided at no cost and is insured for up to $1,000. If additional insurance coverage is required, it can be arranged via telephone. Rest assured that they guarantee a same-day offer upon receipt of the package and payment within 24 hours.

Pay

SellYourGold asserts that they offer some of the most competitive payouts in the industry. To date, they have disbursed more than $27 million to their clients. The payout amount is contingent upon prevailing market rates for gold, which can be conveniently accessed on their website. 

Furthermore, SellYourGold will gladly match any higher offers from rival companies. As an added incentive, they include a 5% bonus in your complimentary appraisal kit.

>> Visit SellYourGold.com >>

APMEX – Best Cash for Gold Company for Investment Gold

7 Best Places to Get Cash for Gold in 2023

APMEX, also known as American Precious Metals Exchange, is a renowned online retailer that deals in precious metals. Founded in 1999 and based in Oklahoma City, Oklahoma, APMEX has become a trusted brand within the industry. They cater to both investors and collectors by offering a wide range of precious metals for buying and selling purposes. 

Their inventory includes gold, silver, platinum, and palladium in various forms like coins, bars, rounds, and even rare collectibles. With their extensive collection and expertise in the field of precious metals exchange, APMEX has gained recognition as one of the largest players globally.

How to Sell

To sell your precious metals through APMEX, you will need to create an account on their website and ensure that your metals are in good condition. Afterward, you can request a quote from APMEX and check the current market prices. 

If you’re satisfied with the offer, you can proceed to accept it. Once accepted, securely ship your metals to APMEX for verification purposes. Once the verification process is complete, payment will be made based on the agreed proposal.

APMEX's reputation for reliable services and transparent processes makes it a trusted choice for individuals who want to sell their precious metals securely and without any hassle. It’s important to note that all shipping plans offered by APMEX include insurance coverage of up to $50,000. This additional layer of security ensures peace of mind throughout the transaction process.

Pay

Customers who buy precious metals from APMEX have the flexibility to pay using different methods such as credit/debit cards, bank wire transfers, checks, and ACH transfers. The payment procedure is simple and effective, giving customers the freedom to select the most convenient option for their transactions.

APMEX's dedication to transparency and customer contentment guarantees a seamless payment experience, bolstering its reputation as a reliable platform for buying and selling precious metals.

>> Visit APMEX >>

US Gold Bureau – Best Cash for Gold Company for Gold Bullion

7 Best Places to Get Cash for Gold in 2023

US Gold Bureau, located in Austin, Texas, is a well-known dealer of valuable metals. Its main objective is to give individuals the opportunity to preserve their wealth through physical precious metals. The US Gold Bureau offers a wide range of gold, silver, platinum, and palladium products that cater to both investors and collectors.

Known for its commitment to transparency and customer satisfaction, the company has established itself as a reliable and secure service provider. To further assist customers in making informed investment decisions, the US Gold Bureau provides educational resources and market insights. 

Whether someone wants to diversify their portfolio or protect themselves against economic uncertainties or even acquire rare coins or other collectibles with historical value – they can rely on the reputable services provided by the US Gold Bureau when it comes to acquiring precious metals.

How to Sell

To initiate the process of selling precious metals through the US Gold Bureau, it’s essential to first get in touch with them. You will need to provide detailed information about the items you wish to sell, which will then be evaluated by their team for authenticity and overall condition. 

Once this evaluation is complete, you will receive a price quote based on the current market rates. If you find this offer agreeable, simply follow the shipping instructions provided by the US Gold Bureau to securely send your precious metals to their facility.

Upon receipt of your shipment, their experts will carefully verify and authenticate each item. Once everything has been confirmed, payment will be issued through your chosen method. The US Gold Bureau places great value on customer satisfaction and may even request feedback regarding your selling experience.

By choosing to work with this reputable dealer, you can enjoy a reliable and secure platform for selling all of your valuable precious metals.

Pay

Executing a transaction with the US Gold Bureau is an uncomplicated and secure endeavor. Prospective buyers can select their preferred items, be it precious metals or other commodities, add them to their shopping basket before proceeding to finalize the purchase. 

The bureau accepts a variety of payment methods, including but not limited to major credit and debit cards, bank wire transfers, personal checks, cashier's checks as well as ACH transfers. Clients are at liberty to opt for the payment avenue that best suits their needs.

For those utilizing bank wire transactions, requisite banking information is provided. Payments made via credit/debit cards are safeguarded using encryption technology while instructions specific to check payments and ACH transfers are also present. Upon finalizing payment procedures clients will receive confirmation of their order post which the US Gold Bureau guarantees prompt and secure delivery of all purchased merchandise.

>> Visit US Gold Bureau >>

Our Ranking Methodology for the Best Companies to Get Cash for Gold

Recognizing the importance of this financial transaction, we have developed a thorough strategy for evaluating different companies that deal with purchasing gold. Our method guarantees that the selected companies provide competitive prices and uphold high standards of professionalism, reliability, and customer contentment.

Research and Identification: In order to begin, we conduct thorough investigations to locate numerous gold-buying businesses that are active within the industry. We obtain information from trustworthy platforms such as the Better Business Bureau (BBB) ratings, Trustpilot reviews, customer testimonials, industry forums, and other reliable sources. By collecting data from various channels, we guarantee that our evaluation encompasses a complete understanding of each company's reputation and position within the market.

Company Experience and Reputation: Our preference is for companies that have a proven history in the gold-buying sector. A lengthier track record demonstrates stability, dependability, and proficiency in appraising gold items. We evaluate the number of years each company has been operating to ensure we take into account their overall industry expertise.

Customer Reviews and Ratings: In our ranking process, customer feedback holds immense importance. We thoroughly examine reviews and ratings from customers on platforms like Trustpilot, Google, and BBB. Our focus is primarily on recent reviews to evaluate the company's current performance and customer satisfaction levels. Higher rankings are awarded to companies that consistently receive positive reviews and have high ratings.

Transparency and Professionalism: When it comes to precious metals, ensuring transparency is of utmost importance. We thoroughly assess the level of transparency exhibited by each company in various aspects such as pricing, payment methods, and the overall selling process. In our rankings, we give greater preference to companies that offer transparent information regarding their evaluation procedures, pricing policies, and payment options. It’s this clarity and openness that sets them apart from others in the industry.

Price Competitiveness:

To provide our readers with the utmost value, we conduct a thorough comparison of price offers from various companies. We carefully examine their pricing structures, commission fees, and any additional expenses associated with the sales process. Companies that offer competitive prices and a just market value for gold items are given higher rankings in this particular category.

Payment Options and Convenience:

In evaluating each company, we analyze the range of payment choices they offer. Those that provide multiple methods, such as bank transfers, PayPal, or checks, receive higher scores in this aspect. We take into account the convenience of the entire selling process, which includes factors like customer support availability and shipping arrangements' ease.

>> Best Cash for Gold: Cash for Gold USA >>

Best Companies to Get Cash for Gold – Buyer’s Guide

Other Ways to Sell Gold for Cash

After conducting extensive research on the subject of selling gold, jewelry, and coins, we have compiled a list of top-notch local options worth considering. Allow us to delve deeper into these options as you continue reading.

  • Local gold buyers
  • Pawn shops
  • Local cash for gold businesses
  • Metal recyclers
  • Antique stores
  • Coin dealers
  • Jewelry stores
  • Online marketplaces like eBay and Etsy

If you're in need of fast cash for gold and prefer dealing with familiar faces in your community, a trustworthy pawn shop is worth considering. Seek recommendations from others and gather several price quotes. Don't hesitate to negotiate. Keep in mind that pawnbrokers typically offer the option to reclaim your gold within the agreed loan terms.

While there are numerous respectable local businesses that can provide fair prices for gold jewelry, coins, nuggets, watches, bullion, or dental gold, selling your gold online through a reputable company is generally the optimal choice.

Using an online gold buyer is advantageous because:

  • Selling gold online offers a higher level of convenience and privacy compared to the hassle of driving around to local businesses in your vicinity.
  • You can conduct research on an established gold buyer by exploring their strong online presence. This includes checking out reviews and ratings on platforms like Trustpilot, BBB, Yelp, Facebook, and others.
  • Before you send in your item, Cash for Gold USA provides an online gold calculator to assist you in comprehending their offer.
  • Thanks to the competitive nature of the internet and their lack of costly retail rent, online gold buyers are able to provide higher prices for gold. Their lower overhead costs allow them to offer more attractive rates.

>> Try Out Cash for Gold USA >>

Is it Better to Sell Gold at a Pawn Shop?

Pawnshops serve as a reliable source of quick liquid cash. Oftentimes, they propose better deals than other physical establishments, particularly franchised pawn dealers.

The primary edge that pawn shops hold over internet buyers lies in the speed of transaction. If you opt to peddle your gold at a local pawn shop, the whole process could be wrapped up in roughly ten minutes or more should you choose to survey various shops and select the most lucrative proposal.

Should you decide instead to trade your gold online, there's an apparent ease of not having to leave your home and hence saving precious time in that sense.

Nevertheless, this convenience comes with its own drawback - likely waiting periods spanning across several days before receiving an offer. And if said offer doesn't meet your expectations, reshipping the item back for consideration by another prospective buyer will only add more days onto this timeline.

How to Check if Your Gold Is Real?

Should your golden object lack a distinguishable stamp, there are several strategies for verifying its authenticity. Although only an expert can accurately gauge the karat of your gold item, you can use a handful of techniques to determine whether it’s counterfeit or genuine.

  • Heat: Place the object above a consistent source of heat, such as a lighter or stove, avoiding the use of a blow torch. Counterfeit gold undergoes darkening or alters its color in some manner, whereas genuine gold becomes more lustrous when exposed to heat.
  • Magnet: Check if the object is attracted to a powerful magnet. You can obtain a strong magnet from a hardware store. Gold isn’t magnetic and will not be drawn to it. If the item is magnetic, unfortunately, it means that it’s not made of gold.
  • Skin: If your skin turns green or black from wearing the jewelry, it’s not made of gold. Gold jewelry will never cause discoloration on your skin.
  • Water: Place your precious item into a glass of water and allow it to remain for a short period. Authentic gold will submerge, indicating that it’s not genuine if it stays afloat. Unlike certain metals, gold doesn’t corrode, regardless of the duration it remains immersed in water.

How to Calculate the Price of Your Gold Item?

You can find numerous online calculators that allow you to determine the value of your gold item. For an accurate calculation, it’s essential to input both the weight and karat of the item. You can easily measure the weight using a precise kitchen scale.

The karat number is typically indicated on the item itself. Look for a stamp on either the back or inside of the item. It’s common to come across stamps with karats, such as 18K, which signifies 18-karat gold. Additionally, golden items may feature a three-digit number on their stamp. See the meanings of those numbers below:

  • 999: 24 karat – 99.9% gold
  • 990: 22 karat – 99% gold
  • 916: 22 karat – 91.6% gold
  • 750: 18 karat – 75% gold
  • 585: 14 karat – 58.5% gold
  • 375: 9 karat – 27.5% gold

>> Best Cash for Gold Company: Cash for Gold USA >>

Best Companies to Get Cash for Gold – FAQs

What Is a Gold Spot Price?

The current market price for gold, known as the spot price, is the price at which it can be bought or sold immediately. This is the rate used by gold buyers to determine how much they’re willing to pay for your gold today.

The spot price of gold represents the value of physical gold that will be delivered right after a purchase is made. It’s calculated based on the average net worth of all ongoing gold futures contracts for the upcoming month.

As of July 21, 2023, in the United States, the spot value of one ounce of gold was trading at $1,981.50 or $69.90 per gram.

How Much Does Gold Sell For?

In the end, the price of gold is determined by what someone is willing to pay, usually based on the current spot gold price minus a commission. Whether you choose to sell or pawn your gold, whether online or offline, it's worth attempting to negotiate your sale.

As of July 21, 2023, the spot value of gold in the United States was trading at $1,981.50 per ounce or $69.90 per gram.

Is Now a Good Time to Sell Gold?

Determining the ideal moment to sell gold can be determined by examining its price. Since November 2022, the value of gold has been on the rise, and experts anticipate that it will continue to remain high throughout 2023.

In early May, gold prices neared their peak from 2020. However, they have since declined due to Treasury Bond yields surpassing 5%.

If you possess unused or unappreciated assets such as gold jewelry, coins, or scrap metal made from gold, selling them could provide funds for various purposes. These funds could be utilized to pay off debts, take a vacation, contribute towards a down payment for a house, or serve any other valuable objectives.

It’s more advantageous to possess immediate cash for gold for essential expenses like rent payments, car loans, or utilities rather than having gold coins, jewelry, bullion, or scrap materials sitting idle in drawers or safety deposit boxes.

Selling gold for alternative investments, such as stock funds in a retirement account, real estate, education, or starting a new business, can be a wise decision.

Even parting ways with an old gold chain that hasn't been worn in years or is damaged can provide enough funds for an enjoyable meal at a restaurant. An outdated gold-class ring could cover the cost of your electricity bill.

Furthermore, exchanging your gold for stocks or an index fund might be advantageous during a bear market. This allows you to seize opportunities presented by the declining stock market.

Can You Make Money Selling Gold?

Over an extended period of time, gold has proven to be a highly profitable investment. Given the current decrease in gold prices, you have the option to either retain your holdings or consider selling them before prices further decline.

>> Use Cash for Gold USA >>

Bottom Line on Best Companies to Get Cash for Gold 

After conducting extensive research and analysis, the chosen companies have demonstrated their dependability, openness, and customer contentment. By opting for reputable firms such as Cash for Gold USA, individuals can confidently sell their gold items while receiving equitable prices and a seamless selling experience.

Selling gold presents an excellent opportunity to quickly earn extra money. With numerous valuation tools and potential buyers available, maximizing one's cash intake is also relatively simple. Obtaining multiple quotes and staying informed about fluctuations in the gold market can further enhance one's profits.

For those in need of instant cash for their gold assets, there are always various offline options to consider. It’s advisable to explore as many outlets as possible and engage in negotiations whenever feasible.

>> Best Cash for Gold Company: Cash for Gold USA >>

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