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Where to sell your gold, With so many choices, who knows what you will get?
Woody
post Sep 6 2011, 03:02 PM
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Looking for advice from anyone who knows what they are doing,

I am looking to sell some of my gold. I have tried to ask around to find a reputable source but have had no luck. Is anyone familiar enough with the process to recommend any one place as opposed to another? Also, what is the preferred method? Do the retailers want the gold acid cleaned? Any help would be appreciated, Woody.


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ASTROBLEME
post Sep 13 2011, 09:55 PM
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Gold nuggets can demand prices higher than spot but the tiny grains and flour gold always sell lower. This is because the raw gold is not refined. The price quoted for gold at the various markets is for nearly pure gold (99+ % gold).

Placer gold from Colorado will vary widely in purity. Generally, the smaller the grain size, the higher the gold content. As an example, gold recovered from very close to the lode source at London Mountain can assay at an almost 50% gold along with 50% in silver, copper and other trace metals. Some of the South Park placers, miles downstream from that same lode source, can exceed 80% gold in the fines. Nature tends to leach out the copper and silver as the grain is worn down as it moves downstream.

ASTROBLEME


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