Cash for Gold Montreal

Montreal has its fair share of cash for gold companies. It’s important that you do your due diligence when looking for the best Montreal gold buyers. We’ve done a lot of the leg work in finding the most reputable companies in Montreal. Check them out below.

What They Buy:

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    • 5897 Rue Sherbrooke Ouest (West), Montreal, QC, H4A1X6
    • Gold
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    • 635 Cathcart
      Montreal, QC, H3B3H4
    • Gold
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    • 1381 Avenue du Mont-Royal E ,Montreal, QC, H2J1Y8
    • Gold
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    • 1255 Phillips Sq., #1110 ,Montreal, QC, H3B3G6
    • Gold
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    • 620 Cathcart, Suite 360 ,Montreal, QC, H3B1M1
    • Gold
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    • 5500, rue ParĂ©, Montreal, QC, H4P2M1
    • Gold
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A payday loan might seem like the right idea if you require a few hundred or a thousand dollars in an emergency. Interest rates are horrendous, but in an emergency you’ll take it. An even larger loan would be arranged through a bank at a better rate. A bank won’t handle your small request: only things like car loans and mortgages. For small amounts of money, when you require something to tide you over until payday, selling gold is one of the easiest ways to ease your worries.

Cash for Gold Montreal

Like all big cities, Montreal is an expensive place to live and work. Foreigners staying here for school are faced with the dilemma that they can’t easily obtain money in an emergency when their parents and lenders they might deal with are far away. What if a student could part with an item of jewelry that retains no sentimental value? Selling this item to a gold dealer would offer a quick solution to short-term money woes without long term consequences like interest payments.

How Much Gold to Sell

Since gold is valued by the gram you do not need much of it to wind up with a ten-dollar note in your hands. If purple is not your favorite color, however, and you prefer green, gather a few more items or collect very good quality gold until these items combined net you a sum the vendor will pay in $20 bills.

Sell Gold Montreal

As a major center, Montreal has provided a home for many gold dealers and Ottawa is just over the border with their vendors as well. Gold dealers accept broken jewelry, dental crowns, ornaments, bullion, and other scraps. The old watch you used to wear doesn’t run anymore, but that’s no problem. Exchange its quantity of gold (and possibly items of silver or platinum) for cash. When you think of the project in these terms — collecting broken things and finding a use for them — it’s surprising how much gold you can find.

How the Process takes Place

A customer chooses a few dealers and visits each one before selecting a Montreal gold buyer. This is not the kind of transaction to handle quickly if you can help it although you can select a shop at random and take what they offer if you’re in a hurry. Choose the place you feel most comfortable and where rates are best. They should be listed at the counter, on a screen in real time, or on a hand-out the dealer will show you. Glance around for a current business license on the wall too.

A gold expert takes his scale and places it right in front of you. Here he weighs the gold then determines its value in karats. Calculating weight and karats he comes up with a sum and invites you to take it or do some more research. If you accept his deal you will not have to wait: money and gold change hands right away.

Where Gold Goes

Gold sold to vendors in places like these is sold on to jewelers, metal workers, and other places where the metal is melted down: it is recycled. A jeweler would create recycled gold earrings, tie pins, or bracelets out of these scraps. You are not just making money here: selling scrap gold helps the earth because, in its new shape, the metal was not newly mined.

Safe Dealers in and around Montreal

Walk down the high street in Montreal’s city center or a few smaller commercial streets and you will see several places offering this service; more than a couple of decades ago. Selling gold for cash became a popular option when the recession made Canadians desperate. Now people know this is simply a hassle-free way to make some money, but only if they sell to legitimate businesses. Expect to witness as the expert weighs your gold and to be shown the business license. No reputable sales person should ever apply pressure for you to sell.