When you’re shopping for gold, whether it’s gold jewelry, coins, or other gold items, many people often overlook the fact that pawn shops are great resources for buying gold at a wildly affordable price. The fact of the matter is that there are few trustworthy resources available for buying gold, and that if you venture into buying gold from a third-party dealer like craigslist or Facebook marketplace, you can’t be rest assured knowing that what you’re buying is legitimate or sourced ethically.
At certified retailers like jewelry stores, though, you can—but pawn shops are also just as trustworthy and often have better prices if you’re a buyer. Here is everything you need to know about how to find gold dealers in Escondido and throughout Southern California.
Obviously not everyone buys gold for the same reasons. When you’re buying gold, know what you’re looking for and what you’re interested in to make it easier and less stressful. If you’re buying gold as an investment, know that you can and should be open to more than one type of gold because oftentimes the things that hold more value are things like coins and antiques rather than jewelry. If you’re specifically looking for jewelry, though, this advice isn’t very useful.
We recommend checking out pawn shops for gold pieces, especially if you’re looking for gold as an investment, because they often have better prices on their items than jewelry stores and other retailers that buy products at a wholesale rate and then mark it up for retail. Pawn shops need to move their inventory in and out at a faster pace because they can only carry so much, so this gives you an advantage as a buyer.
Jewelers and pawn shop dealers are probably the most trustworthy people you’ll deal with when you’re buying gold because they’re trained to be able to price items fairly. Third party re-sellers, like the people you’ll buy from online or through Craigslist, are less trustworthy and rely on you knowing what to look for in a piece of gold rather than knowing themselves. These products are often not priced as fairly either, and when you buy from a pawn shop or a jeweler you know that they know how to place correct value on an item.