SELL GOLD ....IT'S HOT METAL

Well this topic of Gold Selling just gets hotter and hotter so we decided to do some more research and came up with this Gold Buyer Comparison report.
Many folks are asking us 'How do I sell my gold?', 'What's the Best Way to Sell Gold?', 'How can I get the most for my gold?' or 'Who pays most for gold?'.
Our answer was to find out for ourselves so we started sending gold to online gold buyers to find out how it's done and came up with this consumer information report on Gold Selling.

We contacted five Gold Buyers (so far):
GoldPaq.com
BrokenGold.com
Cash4Gold.com
executivebullion.com
GoldKit.com
We compared them for ease of contact, response, gold price offered, return time for payment and return time for item when payment was declined.
In all cases we followed the recommended online instructions (and TV advertising if we saw it) and we also sent in an identical weight of 14K gold to each.

And the Results of our Gold Buyer Comparison test are in:

5. Cash4Gold.com
Time to receive 'mail in kit' 5 days
Time to receive check in mail 22 days
Amount of check $8.85
Time to receive item back after returning check 7 days
Ease of contact Good
Response Good
Total time spent to get item back 34 days

4. GoldPaq.com
Time to receive 'mail in kit' 5 days
Time to receive check in mail 11 days
Amount of check $7.46
Time to receive item back after returning check 19 days
Ease of contact Good
Response Good
Total time spent to get item back 35 days

3. GoldKit.com
Time to receive 'mail in kit' 5 days
Time to receive check in mail 11 days
Amount of check $7.50
Time to receive item back after returning check 14 days
Ease of contact Good
Response Good
Total time spent to get item back 30 days

2. BrokenGold.com
Time to receive 'mail in kit' 5 days
Time to receive check in mail 11 days
Amount of check $10.50
Time to receive item back after returning check 11 days
Ease of contact Good
Response Good
Total time spent to get item back 27 days

So far pretty much the same, BrokenGold is leading the pack with payment and slightly better return service but this is where it gets starts getting interesting....

1. executivebullion.com
Time to receive 'mail in kit' n/a

We opted to follow Executive Bullion advice and direct ship at our expense Priority Mail for $6.25. Almost as much as we were offered for the gold by the other buyers but we decided to chance it.
This shipment was traceable and insured with the USPS the entire way unlike any of the above 'kits'.

Time to receive check in mail n/a

We got a call on the 3rd day with a quote for $42.05 and could have it sent instantly via PayPal less a fee or have a check mailed Overnight. After deducting the postage we would have gotten $35.80, more than 3 times anyone else's price!
We asked for our item back and were told we would get it back the next day.

Amount of check n/a
Time to receive item back after returning check Overnight
Ease of contact Good
Response Good
Total time spent to get item back 3 days
Simply put we had our choice of money or our item back in 3 days!

And the Winner of our Gold Buyer match-up is:

www.executivebullion.com

If you are thinking of selling gold. Shop around and sell wisely.