ancient gold ring

Selling Your Metal Detecting Finds

At one point or another, you may want to actually sell some of that treasure you have found. If you have a lot of gold, you may want to hold on to it. It will only increase in value, but if you have to part with some of your treasure there are some right ways and some wrong ways to go about doing it.

First things first. Stay away from pawn shops. No offense to any pawn shop owners that may be reading this book. Pawn shops just don’t pay full value on anything. If you need some cash in a hurry, then a pawn shop is your best bet. If you can wait a few days, then you can get twice or even three times what a pawn shop offers you.

Is it okay to sell your finds? This is up to you. You may feel morally obligated to find the original owner of an item that you have found. There is nothing wrong with this. I have returned several pieces of jewelry, but I have sold quite a few too.

Selling off some of your finds is a great way to upgrade to some better equipment. A good metal detector does not come cheap, and you have worked hard for all of your treasure. There is nothing wrong with rewarding yourself.

You can sell just about any type of metal that you find. Of course you will be able to sell gold, silver and platinum, but many people forget that you can sell old lead fishing weights too. Those things are not cheap, and fishermen will gladly pay you for them. I have sold a lot of lead weights this way. Just think of it as recycling.

Selling some of your precious metals

There are several ways to sell off some of your precious metal items. You can try to sell your treasure online through some of the popular websites, and there are plenty of people who make good money doing this, or you can sell your precious metal items to a refinery. They pay top dollar for gold, silver, platinum and other precious metals.

Some people won’t use refineries because it involves sending all of your valuable precious metals through the mail. There is a good chance that your package full of gold will magically disappear. There is an easy way to avoid this. Never send it all in one batch. Plus, the US postal service offers insurance and signed proof of delivery. You make the call.

I have sold a lot of gold this way, and I have never had a problem. You simply securely send your gold, silver or platinum to the refinery and a week or two later you get a nice check in the mail.

I have used two refineries with no problems. Here is their contact information:

2431 Walnut Ridge St.
Dallas, TX 75229

Midwest Refineries
4471 Forest Ave.
Waterford, Michigan 48328

You may even be able to sell your treasure to a local jeweler that you have an arrangement with. This is a great way to get top dollar. Just make sure that the jeweler is someone you can trust.

Time to get that new metal detector that you have had your eyes on for months. This is one great thing about metal detecting. It is the only hobby that really does pay for itself.

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