How to sell Gold, Silver, Platinum and Palladium in San Antonio, Texas or anywhere else for that matter.... (Tips from a Honest Gold and Silver Buyer)

Have you inherited Gold, Silver, or Platinum Bullion from a loved one?  Or maybe you have inherited Gold, Silver, or Platinum Coins from a Grandparent or Parent or other family member?  For someone inheriting these things and not familiar with them, it can be confusing and overwhelming what you actually have and the potential value. 

Maybe you are very versed on Precious Metal Coins and Bullion, and you are ready to liquidate for Top Dollar?  Or maybe financial circumstances or goals have changed and you are looking to liquidate your Precious Metal Holdings.  

Same thing applies with Gold, Silver, and Platinum Jewelry.  It is possible that you have inherited pieces of jewelry or maybe your jewelry is just outdated or broken, and what can you do to find a honest and reputable buyer to have the peace of mind you are getting top dollar for these items? In this blog entry I am going to give you tips on how to effectively and time efficiently find a honest buyer and ensure you are paid honestly and get the MOST for your Precious Metal items such as: Coins, Bullion, Jewelry, Scrap Gold and Silver, Dental Gold and Name Brand/Designer Jewelry.  

The most important thing we can emphasize is when you start searching for Gold and Silver Buyers on Google, Yelp, etc. to make sure they are local, and not clear across the Country wanting you to "send in" your items for an offer.  These type of National Gold and Silver Buyers are not competitive with your more reputable local buyers at all.   This has been proven over and over and if you dig into these companies reviews and BBB (Better Business Reports) they are littered with complaints of dishonesty and preying on unknowing customers.  

When you are able to make a list of local buyers to consider, another thing we perceive as a great big, HUGE RED FLAG is when they use terminology such as "Highest Paying", "We Pay More than Competitors" etc.  The reason I mention this, is these type of claims are impossible to stand behind, let alone guarantee.  The Precious Metal Market prices and demand are always changing. Every different Business is dynamic, and each competitor have different profit and overhead structures.  Any Gold and Silver Buyer claiming they can beat ANYONE is simply lying, or making a blanket statement. I like to call these "false leaders"  They hope to get you into their shop, without you doing any research what someone else may be offering.  The only party that can make this claim would be the Consumer (Customer) who has shopped around, and can then make a business deal with the business that offered the most to them.  

So now you are at the step of making some initial phone calls.  Call your prospective Gold and Silver Buyers and start getting basic quotes.   Be cautious of any Buyers that refuse to give you any basic pricing information in easy to understand terms over the phone.  All Gold and Silver Buyers CAN and SHOULD give you preliminary pricing information over the phone contingent on a visual inspection, etc.    Again this may be a step where they just try to get you to come in. Which is certainly necessary to finalize any deal, but in the "price shopping" steps, they should be more than happy to discuss where they are at per gram on Gold, Silver and Platinum Jewelry and Scrap, and where they are at in relation to the "spot price" or "market price" on Coins and Bullion.  Of course if you have rare or numismatic coins, these will probably have to be seen in person no matter what.  One of your more important questions in this conversation should also be to ask them if they are Licensed by the State of Texas to engage in the purchasing of Precious Metals.  If you are not in Texas, then replace that word with your State or City.  Any Gold and Silver Buyer that is not willing to answer that answer or produce credentials, don't walk, RUN!  

The steps above here will surely help weed out any scams, or shady dealings.  The next steps we recommend are as follows:

1. When visiting a Gold and Silver Buyer in person you should expect for your items to be NON-DESTRUCTIVELY tested and your items left in the SAME condition they were in before you walked in the door.  It is ok to ask before they start inspecting how they test, and if it will damage your items. 
2. You should ALWAYS expect a No-Hassle Experience, and Pressure Free experience.  Anyone discouraging your from shopping around definitely has a hidden motive.
3. You should expect to be treated with the utmost of CUSTOMER SERVICE - Friendliness and RESPECT.  Respect for your items you are looking to sell as well.  
4. You should expect ANY and ALL of your questions to be answered. If they shy away from any explanation, or do not want to answer any reasonable questions, you are not in the right place.   
5. You should expect your prospective Gold and Silver Buyer to be Licensed with the State of Texas to be engaging in the activity of purchasing Crafted Precious Metals.  By law this licensing should be prominently displayed in their place of business. 
6. You should expect the right for you to conduct a PRIVATE and SAFE Transaction.  If you expect privacy, and do not want your business going on in front of customers, you should be able to ask for some privacy. 
7. You should expect your prospective buyer to have the means to pay you on the SPOT.  It is ok to ask how payment is issued.  And anyone saying they need to sent it out for assay before payment, or any other excuses like that, you need to find a different buyer. 
8. You should expect ANY Gold and Silver Buyer to require a valid, Government Issued, Picture Identification to conduct business with you.  There are safeguards and laws in place to stop any shady dealings and anyone not requiring ID, is probably not on the up and up.  
9. You should expect your prospective buyer to have the knowledge and/or testing equipment to purchase items that may not be marked/stamped or out of the norm.  Many times especially with Jewelry it can be unmarked, yet still Precious Metal. 
10. You should expect your buyer to separate different karats (purity) of gold.  Your 10 karat items, 14k items, 18k items etc, should be separated and weighed alone, not all items lumped together and weighed. 
11. You definitely should expect a itemized break down of what they are offering on each karat lot of gold or individual items.  Blanket offers are a HUGE RED FLAG, and it is possible they are trying to take advantage on something. 
12. You should expect for your items being inspected and tested, to be visible to your eyes at ALL times.  Items should never be taken out of your line of vision to a back room, or sent out of inspection, etc.  You have the right to see your items weighed, and also have the right to ask for their Scale Registration with the Texas Dept. of Agriculture (or your local jurisdiction that oversees weights and measures)
13. You should expect to NEVER be asked "How much are you looking for?"  They are the professionals, and should have a solid offer, without trying to feel you out, how much you will sell your items for. 

At Texas Gold and Silver Buyers of San Antonio, everything I detailed above is STANDARD PRACTICE in our daily business practices.  We pledge to treat everyone with respect, and offer FREE, NO-HASSLE TOP DOLLAR quotes each and every day.  We are always more than happy to provide basic quotes over the phone, based on the current Precious Metal Market prices and answer any questions you may have.  We invest and utilize XRF X-Ray Technology and Sigma Metalytics Instruments to NON DESTRUCTIVELY and HONESTLY test your precious metal items. Our Business is SAN ANTONIO, LOCALLY, Family owned and operated. We pledge a friendly and honest experience, ALWAYS! Our main focus is Customer Service and TOP DOLLAR, COMPETITIVE offers.  We are licensed and regulated by all applicable licensing agencies in the State of Texas.  Our office is safe, secure, clean and we are ALWAYS welcoming of every customer in through our doors.  We will never ask to send off your items to a refiner for assay before paying you, and offer on the spot Cash Payments (Limits can apply)

We have extensive knowledge in ALL things Gold, Silver, Platinum and Palladium.  Our FAST, TRANSPARENT and EFFICIENT process is done right in front of you, and your items are never taken out of your field of vision.  We will separate all items by karat or purity, and will always produce a itemized break down of these items when proposing our offer.  We will never play the game "Well what were you looking for?" We don't believe in this tactic, and make the same TOP DOLLAR quotes to every customer in our door.   We make our very best offer, it is that simple! 


We are the premier destination in San Antonio, Texas to turn your Gold, Silver, Platinum and Palladium items into CASH!  

We Buy ALL items that are precious metal in ANY condition including:

Jewelry, Coins, Bullion, Scrap, and Dental Gold

Give us a call or STOP BY TODAY!

Texas Gold and Silver Buyers of San Antonio

210-441-2177

3435 Thousand Oaks, Suite 107
​San Antonio, Texas 78247

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