Selling Gold – Sometimes You Might Have to Pay
 If you are selling gold or some of your surplus or unwanted gold, the transaction with the gold buyers is usually free. However, there are occasions when you will be asked to contribute. Although rare, a company will levy a fee to cover its non-business expenses or occasional charges. These charges will allow the company to offer as much money as possible for the customer’s gold items, so it can be a benefit to you in the long run. Therefore, before going ahead with selling gold, ensure that you are aware of any additional fees or charges the company may impose.
One example of when you may face a charge is if you send in non gold items to the gold company. It may have been done accidentally, but the company will charge you for the items to be returned. Therefore, it is important that you check that all your items have gold content before sending them to the gold buying company. The company’s gold specialists will be able to identify non gold items easily during their assessment of your articles, especially during the gold purity tests they carry out. Proving that the company has made an error will be extremely difficult, so do double check that all the items you are selling are genuine gold.
Another common scenario where you could be charged a fee is if you wish to receive the money for your gold in cash. This will incur a charge for insuring that the cash is delivered to you safely and is covered if it goes astray or is stolen during transportation. You should be aware of this additional charge if you are requesting a cash payment.      Â
At the end of your transaction with the gold buyer, you will probably receive a bill which you should pay within three weeks. You can settle the bill by credit or debit card, cheque or money transfer. If you have items that need to be returned to you, this payment should be made within the specified time period. Failure to do this may result in your non gold items being disposed of. Some companies donate them to charity, but it depends on each individual gold buyer to decide what to do with items which are not gold.