Lawrence Frederick Diamond Gallery Rare Coins & Gold Buyers
612 Main St, Boonton, NJ 07005(973) 334-0900
Services That Gold Dealers Offer
Have you ever wondered what kind of services you can get through gold dealers? Countless have asked, and now it's time to explain exactly what happens when you call or walk through the doors of your local dealer.
Buying
Of course, most people go to a dealer in order to sell their gold. They may also get it appraised for future sales, or to at least have it graded so they can use it as leverage in future transactions.
A dealer will have his or her rates available before you go in. This way you can have a good idea of how much you may get in exchange for your gold. They will take into account the weight and grade of your item before making an offer. If you have a large collection, they may send a representative to your home.
Dealers can also broker deals between you and a third party. They may charge a finder's fee for this. They will recommend this option if you bring in something that they know someone else wants already. It's always a good idea to have a competent dealer on your list of contacts just ni case things like this come up. You never know how much the other person will offer to get exactly what they want!
Selling
You can also buy gold from a dealer. This is especially true if you are looking for something extremely precious or rare. Tell the dealer what you are looking for, and if they don't have it, they may be able to tell you when something like that comes up on their radar. See, they can broker transactions for you going in the other direction as well! If you deal in or collect gold, then it's a good idea to have a dealer in your world. Even if you don't need such services right now, you never know when you will in the future.