Are Buy Gold for Cash Stores in Kansas City a Scam?

This sell your gold for cash in Kansas City article describes how to find reputable we buy gold for cash dealers in Kansas City.

Gold prices are on the rise and so are the scams that accompany the process of selling your gold. It is a big enough problem that it can be tempting to write off the entire industry as a scam. While there are plenty of disreputable cash for gold stores in Kansas City, not every gold buyer is out to extort you. You really can turn your old gold jewelry and coins into useable cash.

Think of it this way: many consumers participate in recycling programs. These include throwing your glass or plastic bottles into recycle containers and selling your old car to a junk yard. Recycling your gold jewelry works much the same way. The exception is that your jewelry is much more valuable than a bottle or a broken-down car. This is why the gold-buying industry is so full of scam artists. It’s an easy way for many to make a huge profit very quickly.

But not every gold buyer is a thief. Legitimate businesses provide a valuable service to their customers. You get rid of a piece of old jewelry and walk away with extra cash in your pocket. In today’s economy, this can be the very thing to help you weather financial difficulty.

So, how do you determine the good guys from the bad ones?

First, know the value of your gold jewelry. Businesses who buy gold in Kansas City, like Waldo Financial, will offer you a fair price. Be aware that you are unlikely to find anyone who will offer you the full value of your jewelry. Even jewelers only offer a percentage. But knowing the base value will help you determine if the god buyer’s offer is fair or not.

Second, look for the buyer who will offer you a quote up front. Written quotes are even better. Unlike much of the competition, Waldo Financial offers written quotes on gold to every customer.

Finally, in order to be treated fairly, look for stable businesses that have been in the area for some time. Scammers move around often to avoid legal trouble. Waldo Financial has been in business in Kansas City since 1999 at 8437 Wornall Road.

Please call Waldo Financial at 816-333-6800 if you have any questions about the price or process involved for gold buying and selling.

This sell your gold for cash Kansas City article described a number of ways you can find reputable we buy gold for cash dealers in Kansas City.

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Where to Sell Your Gold For Cash in Kansas City

This describes the best place to sell gold for cash in Kansas City. Get 2.5 times more cash for your gold in Kansas City.

We would like to say that the best sell gold for cash in Kansas City is Waldo Financial. After all, we offer fair prices up to 2.5 times that of cash for gold store and we pay you cash on the spot instead of issuing checks. But we deal in scrap gold. Your gold pieces might be worth more intact than as scrap.

The first thing to do is ask yourself a few questions. Is rare or unique? Is the piece broken or do you simple want to get rid of it? Will the extra cash simply be convenient or are you in a difficult financial situation? Most of all, do you need cash immediately?

The answers to these questions will help you decide the best place to sell your gold in Kansas City.

Selling Gold to a Jeweler

If your gold piece is rare or unique, you may want to consider selling your gold a jeweler. Because they may be able to sell it outright, you may get more for your item there. Be sure to clarify what their offer is, though. If they are only offering scrap value, you will likely be better off going to a business like Waldo Financial that is better prepared to deal in scrap gold.

Selling Gold to a Pawn Shop

If all you need is a short term loan, many pawn shops specialize in offering such loans with your jewelry as the collateral. Selling your gold to a pawn shop, however, is not the best option. The market is flooded with gold pieces and pawn shops often only pay the scrap value at a very low percentage of what the piece is actually worth.

Selling Gold to Waldo Financial

Waldo Financial deals in scrap gold. We don’t resell your pieces; rather, we melt them down and refine them for the pure gold content. That means that if a broken earring has the same amount of gold that an heirloom ring has, we are going to offer the same price for both.

If you have old, broken, or unwanted gold pieces, come to Waldo Financial to sell them. We offer fair prices with cash payouts for scrap gold. Call us at 816-333-6800 or visit us at 8437 Wornall Road in Kansas City. Our gold-buying process process is quick, easy, and fair.

This article described the best place to sell your gold for cash in Kansas City. Get 2.5 times more cash for your gold in Kansas City at Waldo Financial.

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3 Tips To Sell Your Gold for Cash in Kansas City

This describes the top 3 tips to sell your gold for cash in Kansas City. Discover and where to sell your gold in Kansas City.

In today’s uncertain economic times, gold is the new stock. For those who have unwanted gold jewelry or coins lying around, this can be an excellent way to make some much-needed extra cash.

But how and where do you sell gold in Kansas City?

Thousands of Americans make use of gold buyers, jewelers, gold parties, cash for gold stores, and even pawn shops. However, the rise in the price of gold has created more scam artists than ever looking to make their own high profit. Sellers should do their homework before selling their gold.

Using the following tips when selling your gold in Kansas City will help you get the best deal from the most reputable store:

Know the Karat Amount

Pure gold cannot be used in practical applications. It is too soft.  So, jewelry is combined with other metals for better durability and color. Karats describe how much gold is in a piece with 24 karats being pure gold. This means that an 18 karat necklace is 18 parts gold and 6 parts other metals. It is important to know how many karats your jewelry has since gold buyers will pay you based on how much gold there is in the piece.

Know the Market Value

Keep yourself informed on the current market price for gold. Many disreputable “We Buy Gold in Kansas City” dealers  will offer you less money than the gold is actually worth in order to boost their own profits. They are counting on customers not knowing the true value of their gold. Online sources and local jewelry stores will have this information.

Know the Buyer

It is best to stick with gold buyers that are registered with the Better Business Bureau (BBB). Because the BBB has information on business operations and complaints, it will help ensure that you are dealing with a reputable company. In the same way, don’t be afraid to shop around. Many gold buyers will be reluctant to provide customers with quotes.

The best place to sell gold in Kansas City is Waldo Financial. Along with fair prices and written quotes, this gold buyer also provides customers with cash for their jewelry instead of a check. Give them a call at 816-333-6800 if you have any questions or concerns about selling your gold.

This article described the top 3 tips for selling your gold for cash in Kansas City. Now you know exactly where to sell your gold in Kansas City to get the most cash for your gold.

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