Make Money With Precious Metals & Gold In San Francisco

The market price of gold is on the rise, and many are looking for ways to make money from it. Thankfully, there are many gold buyers in San Francisco, ranging from local pawn shops to specialized buyers, that will happily take your unwanted gold scraps, jewelry, luxury watches, and even gold coins.

If you wish to sell gold, San Francisco is your place. However, there are a few things that you need to keep in mind if you want to sell your precious metals for top dollar. Keep reading for a quick guide to gold buyers in San Francisco.

How To Sell Gold In San Francisco

1. Get your items evaluated and quoted: Before selling your Bay Area gold, it’s best to know its true value. After all, you don’t want to get scammed or taken advantage of! Compare multiple quotations from a variety of gold buyers to get the most fair and accurate valuation.
2. Research about the buyers: Avoid scams and unscrupulous buyers by doing a background check. Make sure that a buyer has the proper accreditations from jewelry trade organizations and good scores from the Better Business Bureau.
3. Pick a buyer: There are two main types of buyers in San Francisco: local pawn shops and specialist gold buyers. While pawn shops can give you cash upfront, gold buyers can potentially give you more favorable quotes.

Pawn Shops vs San Francisco Gold Buyers

Pawn Shops

When you’re looking to sell your gold coins, silver coins, and precious metals for instant money, a pawn shop is a reliable choice. You can find pawn shops everywhere in the San Francisco Bay Area, and they will give you cash upfront for gold coins and scraps.

But while instant cash might sound great, pawn shops typically pay less than specialist gold buyers because pawn shop staff aren’t experts at assessing precious metals. The scales they use to evaluate your gold aren’t calibrated by the official Weights and Measures Division. 

Plus, pawn shops make their money by buying low and selling high. This means that you’re likely getting way less than your gold is actually worth.

San Francisco Gold Buyers

In contrast to pawn shops, a gold buyer in San Francisco has the specialized knowledge and equipment to accurately assess the value of your metals. San Francisco gold buyers are also easy to find online, and no Bay Area gold collection is too big or too small a transaction. 

Plus, they are often willing to buy precious metals other than gold jewelry and scraps, including but not limited to:

• Commemorative coins
• Dental gold
• Diamonds
• Silver coins
• Platinum Jewelry
• Estate jewelry
• Other precious metals

To avoid scammers and ensure a safe transaction, do your research – your buyer of choice should be accredited by jewelry trade organizations and, ideally, have a good rating with the Better Business Bureau.

Increase Your Income By Selling Gold In SF Today!

If you want to sell gold in San Francisco and other nearby cities like Oakland and San Mateo, it’s fairly easy because there are plenty of buyers, both locally and online. Just be cautious of buyers that promise instant cash for scrap gold – while it’s convenient and fast, you likely won’t get top dollar or even the market value of your gold. 

Make the most out of your gold with My Gold Silver Bitcoin. We buy gold coins, accessories, and scraps at competitive prices. Contact us today to learn more!