This is the first segment on tips on how to sell gold nuggets for the most profit. First off, If you own gold nuggets then I would like to be your friend. Nothing beats a gold nuggets! If you are trying to sell your gold nugget for profit then you must take a few very important factors into consideration. Gold Nuggets are a hot commodity. What can be better than a naturally occurring unrefined piece of gorgeous gold in a world where gold prices are so high. A natural nugget will usually get you anywhere from ten to twenty five percent more then what you would receive for regular melted gold. Obviously we would all rather sell the gold nugget for the twenty five percent markup. The way to achieve this is to shop around in a place with a big market audience. The best place of course would be the lovely island of Manhattan.

If you live in Manhattan, you have most likely seen advertisements or commercials for different companies offering cash for gold, silver, and other jewelry. They may seem like good deals but it is crucial to ensure that the prospective gold buyers you approach are not the fraudulent kind. There are ways for you to tell whether individuals are genuine dealers or scammers to be avoided.

Anything containing gold that has been broken down and not fit for use comes under the category of scrap gold. Some of the common examples are gold teeth, dental fillings, broken artifacts, bars and many other small items. In most cases people are looking to sell these things hoping to make some kind of profit from the deal. In case you have decided to sell scrap items containing some amount of gold, it is imperative that you devote some time in estimating the actual value.

Since spiraling gold prices began, the consumer has found that selling their old jewelry is a way to have extra money.  With such a market, some unscrupulous buyers have gotten into buying that gold as a way to make quick money as well. ABC News decided to do an investigation around the New York City area. Posing as typical consumers, they found the prices offered ranged widely. Greedy buyers often use tricks to give less money for those choosing to sell gold for cash.