Tuesday
Mar242009
ABC News Investigates Cash for Gold
Tuesday, March 24, 2009 at 04:29PM A friend of mine sent over this great link to ABC News featuring a thorough investigation of the Cash for Gold service industry. In this clip they investigate three gold mail-in services uncovering scams in some and unfair appraisal returns in all.
Reader Comments (5)
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Before you sell your gold coins, just do your research first on internet, because you can get more cash for your gold coins than you’ve expected. Once you know the scrap gold value of your items it will become easier for you to garb the best price for your gold. It is quite possible that scrap gold buying companies or gold party companies are going to give you the best deal for your scrap gold. The value or payment of your old gold is based on the current market price of gold and the purity of the gold content in your items. The higher the gold content, the higher the value of the item…! The same standards apply when you buy scrap and broken platinum, gold or sterling silver.
It's always a good idea to check out several shops before you decide to sell your scrap gold. Ask questions, compare rates before making the decision.
Darryl Keith
Los Angeles Pawn Shop
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