2.23.2010

Cash for Gold?

You ever junk your gold for cash? I am tempted. I rooted around my stash and came up with a pretty good pile, including a class ring that I never wore.

There was a company that set up shop at a local hotel this week. Ad said to bring your loot and walk out with cash...I never made it there. I know my local jeweler gives cash for gold. Is it worth it? I told myself tonight it's worth a free estimate and sure beats just having stuff around not in use...I'll be exploring what my goods are worth sometime soon.

Anyone have a good experience (or bad) they want to share?

12 comments:

  1. So funny that you would ask about this tonight. I was invited to a "gold" party tonight and took some of my things. We got quoted a price that we felt like was way too low after having checked informally with a jeweler before we went to the party. I will be taking my things back to the jewlery shop and checking for certain what they will give me. BTW...found out tonight that if a magnet will pick up your piece, then it is gold plated. I didn't know that. Boy, I had a lot of gold plated stuff. Good luck.

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  2. I needed some cash recently so I decided to sell my gold. I knew I needed to be careful where I sold it though since there are so many of those gold guys out there now and many are scammers...those who just hopped into the business a few months ago or who have tons of better business bureau complaints.

    So, I did lots of research to find a company that I could trust and I found the Silver And Gold Exchange. GREAT company! They pay for shipping, insured up to $5000 (which was good since the other guys only covered $100 and I had $2000 worth of stuff!). Plus, they made me an offer thru emial that I could have rejected and had my stuff sent back. That felt comfortable for me. And best of all they, had a clean BBB record and PAID THE MOST!! YAY! I WIN! :) Here's a link if you're interested http://silverandgoldexchange.com

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  3. Thanks for your tips. I better find a scale to weigh my gold to ensure I know what I am getting into.

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  4. I just sent a small stash (a few gold chains, pendants and some earrings...not much by my account) to Kay Jewelers. An acquaintance mentioned it and she was very positive. She got $700 back. I went to their website and researched. They video tape themselves opening up your package. (They pay for UPS shipping.) Then you log back in to see them open it. I just sent it yesterday so I'll let you know how it goes!

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  5. I went to the jeweler tonight, but they were closing...boo hoo. Maybe this weekend I'll find out about the cash for my loot. I talked to a few co-workers and all had positive experiences getting rid of their gold. I'll keep you posted.

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  6. Hi, just found your blog. Love your kitchen, especially the subway tile against the wood. I've just begun my own kitchen redecorating adventure and wish I had chosen white tiles ten years ago. Thanks for the exercise tips, I'm in need of them badly.
    Take care, and stop by, I need all the help I can get.
    Dana

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  7. Thanks for your comment on my kitchen island saga. Yours turned out great. You bought the cabinets On Craigslist and fixed them up?

    I loved looking at your pool house progress! So very cool. Can we come swimming? I will bring the margaritas. I would love to see more pictures of your back yard.
    Londen

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  8. My island cabinets were from my original kitchen, but they were standard stock sizes from Big Box Stores. Scoring someone's old cabinets from Craigslist would be a good find.

    Believe me I am itching to use the pool house. We finished just when summer was wrapping up so didn't get to enjoy it much last year. I am all for sipping some cool drinks lounging outside. I'll be sharing more. My Hubs is a master in the backyard.

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  9. This reminds me of a funny story. I got a "promise" ring from an ex-BF (who was a total jerk) back when we were dating. He gave it to me, making a big deal out of how it was real gold and diamonds, and let me heap him with praise and appreciation for being such a good boyfriend and buying me diamonds, blah blah blah.

    A few weeks ago I decided to sell it, took it to a nice jeweler in town and they inform me it's actually CZ's and very bad-quality gold. Only worth about $10. I took it to a few other jewelers in town and everyone said the same thing. It's worth no more than $10

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  10. Sounds like something I should look into as well...let us know how your experience goes.

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  11. Glad you got rid of the BF. Sounds like he couldn't be trusted...fake jewels...how sad!

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  12. OK...follow-up from my gold submission to Kay Jewelers. For a couple of chains, pendants, one bracelet, and a few "unknown if they're gold earrings", I'll be getting a $97 check. Not bad considering I never wore them and probably wouldn't in the future, nor did they hold any sentimental value. So...I'm happy. Good luck! Or shall I say, "Gold Luck."

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