Honest dealers are an important factor when it comes to selling your gold or personal items. However, with so many different gold dealers making certain claims, it may seem hard to distinguish between those who are honest and those who are selling you an item significantly higher than the actual value. Prior to seeking out a gold dealer, these tips may help you make a more informed decision:
Is your gold dealer in any of the following professional associations? There are a number of professional associations that provide membership to gold dealers. Each association varies in what they offer and represent. At Paul Albarian & Associates, we are a proud member and an authorized dealer of the following associations.
- The American Numismatic Association (ANA): The ANA is a nonprofit educational organization that helps people explore the world of money and is home to many gold dealers.
- The Better Business Bureau (BBB): A nonprofit organization whose main focus is on creating marketplace trust between consumers and businesses.
- Professional Coin Grading Service (PCGS): A leading company that provides services for grading and the authentication for rare coins.
- Numismatic Guaranty Corporation (NGC): The world’s largest third-party grading service. It is the official service for The American Numismatic Association.
Does your dealer openly list their prices? It’s important that gold dealers inform you about how much the items are likely to cost. Whether it’s on their website or in a book they provide you, this can help you determine the likely value of your gold and reassure you that the gold dealer is providing you with an honest appraisal. Here at Paul Albarian & Associates, we list online the prices of our bullion coins, and our rare gold and silver coins that are certified by PCGS and NGC!
Want to ensure you’re dealing with a honest gold dealer? Give us a call at (818) 827–7152.