There's Gold in Them There Hills!

Hi my friend,

I've seen those advertisements too and always wondered. I hope you get some responses on it from people who have actually gotten paid.

I always wondered if they would cheat you and once they got your gold, never send you the money. Or maybe only send you a couple of bucks.

Good luck on the responses!

Happy MyLotting!
Char

I see those commercials all the time too. But i don't have any thing they would pay for because my jewelry is all cheep stuff. But I also see some local jewelry stores that will buy gold so If I were you that is where I would start. Then at least you would know what your gold pieces are worth. I would think it would depend on the carets the pieces have too.

I'm a silver type of guy and what I have I'll keep (they also take silver, I think) But I have wondered the same thing, what if you're not satisfied with what they pay, since they don't tell you any terms up front? Well, if you do send your stuff, then you can post your reaction anyhow.

You,ve got a lot more "moxie" than I have! I would sooner get ripped off at a "pawn shop" than to have my jewellery disappear into cyberspace! I would even E-bay them, then at least I have the final say on the price! Has this jewellery been evaluated? You know they are in this for profit, and I am sure you will be the one making them that profit! Once they have your jewellery, and are not happy with their assessment...what then? A lawsuit to get it back? Have you Better Business Bureaued them? I am a bit of a "doubting Thomas" when it comes to schemes that seem easy & simple...the expression "if it seems to good to be true, it probably is!"

Gotta go shovel snow now...our first dump of the winter here on the West coast (southern) of B.C. About 8" at 5 a.m.! Cheers!

I have not used these companies. We don't have them in my country. But I would prefer to be able to accept or decline their offer. It seems that their offer is final. Once you submit the item it seems you have to accept payment whether you agree with the payment or not. I don;t think it is fair.

I tried one of those earlier this year. They sent me a check for $10.50. No where near the true value, but was only testing them out so really did not lose too much.

Check the BBB ratings before you do this. Cash4Gold has the absolute worst rating they can give. A lot of complaints on that company. Also another source to look at is Rip Off Reports. They will show you customer complaints from everywhere. Sometimes they are just people who might have had a bad experience with a company, but when there are a whole lot of them all saying basically the same thing it's time to step back and reconsider.

Our local news warned heavily to be wary of any of the cash for gold companies as some are accepting the jewelry but not paying out. The alternative they mentioned was a new Home Party spreading across the country. It's women who come to your home & give a party (kinda like the old Tupperware parties). They buy your jewelry right then & there. They bring their jeweler scales & offers a fair price which you can accept or decline. Also, the person hosting the party receives a small percentage of what was bought at their party. So, I would probably suggest that you check into your area & see if anyone is doing this there. If they are, maybe have your own party. If they're not, you could be the first one to start up on your area. When you mail your jewelry in, you have NO idea who you're dealing with!!!

My suggestion is to go to a bricks and mortar company, rather than a virtual one. That way, you can say yes or no to what they offer, without giving up the gold.
About ten years ago, I took my wedding rings in to such a place, thinking I'd get something for them, but they weren't interested in them as rings, and as "scrap" they were only offering $10. So I kept them.

I am a bit conservative over this activities I would personally do this kind of transactions by myself and not online as I cannot trust online system for this very much.

I personally wouldn't do it.
I would be afraid of it getting lost
or someone stealing it. I have taken
some jewerly to a jewerly store to get
cash. Most times that I did it, I was
paid satisfactory for the items I took in.
I just would never send jewerly through
the mail.