So my dad recently inherited some gold and also a form of gold flakes that need to be added to a solution to be turned back into gold. But anyway the jist of it is that this company my dad is talking to, elemental wants him to fill out a bunch of paperwork for him to basically become a dealer to make 90% over the 60% they could pay him. Does anyone know anything about any of this thay could help? I keep ttying to tell him to wait until after the election. But have any of you ever sold larger quantities of gold or ha e any insight on stuff like this? I figured id start here since i feel like this is my "place" on the internet. Thabks for any answers. We are in the begining stages of this but i need to hit my dad with any relevant information asap
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Private sales, JMbullion, SDbullion and others have buyback programs, pawn shops (call around...).
Just have your dad go to breakfast where the old men hang out, bring 1 or 2 examples and ask them if they would like to buy any.
I wouldn't try to sell all at once if you have a lot; it puts a flag on you.
If I was your neighbor I'd certainly buy some. The gold flake stuff depends on what it exactly is; that likely has some more to it than bullion or coins.
Depending what it is e.g. gold eagles / liberties whatever if you're nearby I'd be willing to beat the SD/JM offers, but I also have to say I don't think you should sell it.
Also there is subreddit PMsforsale you could list on, but it will be a little hard to get started selling gold there, and you would likely need to ship first because of it, however as long as you only use established buyers you probably wouldn't have a problem. Slow and steady wins the race.