We Buy Gold - Paperback

by Edward Kopacz (Author)

"We Buy Gold " Take a drive down any busy street in any major-and most minor-city or town and these words will leap out at you. Three short years ago you would have never noticed these signs, except possibly on pawnshops, and now it seems they are everywhere. Why? What drove this industry to leap to the forefront of small business entrepreneurship, and what caused its sudden rise in popularity? Who are the people suddenly making money with this rediscovered ancient business model? What kind of training and money does it take to get started? And, most importantly, can you actually make money doing it? This book answers these questions, plus many more. It explains why this is one of the best low cost businesses to start and why, with a minimum amount of care and diligence, it is nearly impossible to lose money. It teaches how to test gold and other precious metals, what to buy and not to buy, and how much to pay. It describes how refiners operate and where and how to sell your gold for profit. It even explains various methods to attract customers, how to advertise, how to negotiate, and how to close the deal. This is a complete course on opening, managing, and profiting from your own gold buying business with everything you need to know to make tremendous profits from damaged, unwanted, and scrap jewelry.

Author Biography

Edward Kopacz manages P&J Pawn in Dallas, Texas. During the past four years he has been instrumental in the supervision, testing, buying and pawning of well over five million dollars of gold, silver, and diamond jewelry and coins as well managing, training and coaching others to do the same both in the pawn business and the gold buying business. No one knows more about the buying and testing of gold than a good pawnbroker and his store is one of the best.