Gram Gold,20
Scrap Gold Buyers Offer Cash For Gold
Don’t Get ripped off by Dick Turpin in his highway heist for your scrap gold jewellery. Beware you could be giving your damaged, broken and unwanted scrap gold jewellery away for as little as 20% of the market price on the day. See my 10 Money Saving Tips to prevent you getting mugged by your gold buyers. Don’t be be robbed by Dick Turpin.
Unfortunately most of us find ourselves at an unfair disadvantage when selling our gold jewellery. We don’t know what the real value of scrap gold is or how much we should expect for our jewellery. The adverts on television inform potential customers that the price of gold has risen sharply. The advertisers are willing to buy any scrap gold above 9 carats irrespective of its condition.
Advertisers say they offer a fair price and explain how easy it is to turn your jewellery into cash for gold. Most gold dealers offer to double their original offer if you find a better offer from elsewhere. This is done to convince you that their offer is the best offer in town.
The value of gold has risen five fold during the last ten years. Dueto the price rises there has been an increase in the number of companies offering to buy your scrap gold. It seems as though they all are offering you a fair price for your scrap jewellery. All you need to do is contact them and they will send you an envelope for you to send your broken, damaged or unwanted gold jewellery to them. Once they have received your jewels they will generally send you a cheque for around 20% of the market value by return post.
If you’re not satisfied with their offer you can always refuse their offer and ask them to return your jewellery. Today the price of gold is around £17 to £20 per gram. It seems that some firms that advertise on the television, the internet and radio are offering clients around £1.50 to £4 per gram. This is in sharp contrast to the more reputable high street jewellers that are offering their customers around £6.50 to £8.95 per gram. The price of gold will fluctuate from day to day so the price offered to you can of course change without notice.
‘Caveat Emptor’
This means “Let the Buyer Beware.” You should always beware when things sound too good and someone is willing to pay you money quickly. These gold dealers are not breaking the law as they are only making you an offer and it’s up to you to accept or refuse their offer. There is absolutely nothing illegal in what these firms are doing.
These firms believe they are offering a service that allows people to sell their jewellery confidentially as they may be in financial difficulties and need to pay bills or they maybe trying to get out of debt. Unfortunately, these adverts attract people that are struggling with debts and are anxious to turn anything they have into quick money.
10 http://moneysavingtips.net/“>Money Saving Tips for selling your scrap gold
1. If you must sell gold for cash then always weigh your gold first so you know how much you have.
2. Always check the Hallmarks on your jewellery so you know it is genuine.
3. If you are selling jewellery always remove the gem stones as you may be able to sell them separately elsewhere. (Diamonds, rubies, sapphires, tanzanite, etc)
4. With gold at an all time high it’s a sellers market so don’t sell your jewellery if you believe the offer is too low.
5. Ask the gold buyers for their gold price per gram.
6. Shop around for the best offer.
7. Visit your local high street jewellers.
8. If you do send your gold to any company then always send it recorded delivery.
9. Ask a Pawnbroker what they would offer you per gram.
10. If a friend of yours asks you to a jewellery party and asks you to take your unwanted gold to sell, then don’t be fooled into thinking they will offer you any more than the television, radio and internet advertisers. They too will offer you around 20% of the market price.
Visit your local high street jewellers about how much they can offer you for your scrap gold before taking the advice from the television, radio or internet advert.
About the Author
Contributing author Mark Aucamp has been providing Talk Money Blog with regular
Money Saving Tips
and advise and editorials. Mark s recognised as an authority in the providing
frugal tips
advise, debt help, Mortgage and financial Advice and solutions. http://moneysavingtips.net
100 and 20 gram gold bars
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