Sales is to create, communicate and send the value to the customer, and customer relationship management to enable organizations to benefit its stakeholders an organizational function and procedures. Description of goods sold is to provide benefits to meet the specific needs of our customers process. Goods, including of course the tangible with the intangible goods and services to meet specific customer needs is the desire was to meet customer-specific or customer-specific problem is resolved. To meet the specific needs of customers that can only rely on commodities of special interest.
Ted Strickland, Governor Kimberly A. Zurz, Director 77 South High Street, 21st Floor Columbus, Ohio 43215-6120 , 1-866-278-0003 TTY/TDD: 1-800-750-0750 www.com.ohio.gov Division of Financial Institutions With the recent increase in the value of gold and other precious metals, there is no shortage of companies What To Know Before You Sell Gold and interested parties willing to purchase your unwanted valuables. Often, they promise a quick transaction and instant cash. Before you decide to sell any of your possessions, make sure you have considered the following guidelines: BUYERS SHOULD BE LICENSED Always be certain that the party to whom you are selling your scrap gold or other precious metals is licensed to do so. Many businesses that advertise that they purchase gold, silver, platinum, or other precious metals or jewels should hold a license issued by Ohio Department of Commerce’s Division of Financial Institutions. The Division of Financial Institutions licenses both pawnbrokers and precious metals dealers. The Division of Financial Institutions also issues temporary permits for precious metals dealers and pawnbrokers to engage in short-term purchasing events at a location other than their regular place of business. To be certain that a pawnbroker or precious metals dealer is licensed by the Divison, go to www.com.state.oh.us/finn/elicense.aspx or call the Divison at (614) 728-8400 or (866) 278-0003. Division staff can also tell you if a precious metals dealer has a temporary permit to purchase at a remote location. GOLD VALUE FLUCTUATES The value of gold can fluctuate from one day to the next. If you want to make sure that you are getting a good deal and a fair price on the gold you are selling, you might want to contact a neutral appraiser who can let you know exactly what your gold is worth. You probably won’t get paid the appraised amount, but it does provide a good starting point when you set out to sell your gold. Another option is to visit two to three different businesses and inquire as to the price on any given day and what they would pay for the quantity of gold you have to sell. SELLING GOLD THROUGH THE MAIL Some companies advertise the practice of purchasing precious metals through the mail. These companies should be licensed by the Divison of Financial Institutions if they are buying precious metals from Ohioans. They instruct the seller to send their gold (or other valuables) to the buyer in a secure, pre-paid envelope. Upon receiving the envelope, the buyer tests the gold and assigns the item(s) a value based upon the price of gold that day. The buyer then issues a check to the seller for the value of the item(s). Any processing fees, shipping costs, and miscellaneous charges may be deducted from the amount sent to the seller. JEWELRY STORES Jewelry stores may also purchase scrap gold and other precious metals. Generally they are not required to be licensed by the Division of Financial Institutions. They only require licensure when their purchases of precious metals is greater than 25% of their annual retail sales. REMEMBER If a person or business wants to purchase your scrap gold or other precious metals, make sure you know the value of your item. Generally, many businesses that advertise or solicit the purchase of precious metals should be licensed by the Division of Financial Institutions. Selling to a licensed buyer will help you to ensure that you receive the fairest amount for your items in a secure, legitimate transaction. An Equal Opportunity Employer and Service Provider
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