FAQ

How to Start a Scrap Gold Business Frequently Asked Questions

 

(Q) Can I really make money buying and selling scrap gold jewelry?

(A)Yes of course! If you do the work and learn how to test gold, properly buy scrap gold and sell your scrap gold purchases directly to a Refiner, you can not only make money, but you can build a legitimate continuing, profitable business.

(Q) The value of gold seems to go up and down weekly. Can I still make money?

(A)Yes. The key to profitability when buying scrap gold jewelry is to check today’s price, determine the value of the piece you are evaluating, pay 30% to 75% of that value, and ship your purchase to a refinery that pays you top dollar. We teach you how to do all this in our Scrap Gold Business Startup Manual.