Donate SIGN UP

cash for gold?do they know what they're doing?

Avatar Image
pinkcowprint | 12:32 Tue 20th Oct 2009 | Business & Finance
5 Answers
i have just taken some gold to one of these shops for someone,there was a fine thin bracelet from argos and a fine necklace from a retail store,neither weighing much and nothing fancy,dorothy perkins or something like that,and got 32 quid for them,she said the one from the retail store cost her 5pound!you wouldn't expect that to be real gold would you??!it makes me think about buying some sale stuff from argos and getting it priced up!!there was some other things which she thought would have been real gold and they told me they were only gold plated but was bought as expensive xmas pressies??it doesn't seem to make sense!
Gravatar

Answers

1 to 5 of 5rss feed

Best Answer

No best answer has yet been selected by pinkcowprint. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
go for it - if they're daft enough to part with cash you're laughing.

In fact, Mrs Whicker was only asking yesterday how these companies manage to get around being fences for stolen goods. I'm guessing they don't ask for receipts either...?
Question Author
nope,i even told them it wasn't my stuff and never batted an eyelid!im going to raid car boots this weekend!!
lol

Makes you wonder, if you were a postman and saw a fat jiffy bag addressed to "gold 4 cash", it must be tempting to nick it.
lol another-view I wondered about that too. Why would you risk posting it anyway instead of going in to a shop? they're everywhere now anyway.
With the price of gold going up I'm sure those who buy gold know exactlywhat they're doing. Any jewellery that is old could have cost less to buy because the price of gold was lower at the time it was made. All they give you today is the scrap value of the gold. If you wanted to buy an identical piece of jewellery to the one you are selling it would cost you a lot more because you have to pay for the craftsman skill as well as the price of the gold.

They currently pay around £7.60/gram for your scrap gold.

I agree it would seem stupid to put it in an enevelope. What proof have you got if they say items you put in it weren't there? My daughters have just got over £500 & £400 for unwanted or broken gold items of jewellery from a local shop.

1 to 5 of 5rss feed

Do you know the answer?

cash for gold?do they know what they're doing?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.