I have some gold ounce bars that I'd like to sell while the price is high, but I don't know where to sell the gold. I've Google'd around, but there seems to be a lot of shady places out there.
So my question is, where can I sell the gold and know that I'm not going to get screwed?
I've never sold gold before, so I'm making an assumption that it would involve haggling. If I were to sell right now, with the current price being $1794.50 an ounce, what could I expect to get for it?
I went to a family jeweler and was quoted a price that was essentially 97% of the market value of the gold, like Shawaron said. I continued searching (I wanted to get a couple of quotes to compare) and found a Numismatic Exchange in the city I live near and they were willing to pay the market price for the gold.
Advice: Find the nearest Numismatic Exchange because they should offer you market price for the gold. If the nearest exchange is too far away, try a local family owned jeweler (but be prepared to get 3-4% less).