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Topic Other Boards / Foo / gold for cash
- By WolfieStruppi [gb] Date 06.02.10 21:00 UTC
has anyone made use of these companies that buy your gold & did you think you got a fair price? One jewellery store in town was also doing the same thing but I dont know if they were any more competetive.
- By triona [gb] Date 06.02.10 21:07 UTC
Cash For Gold only give you scrap value so the price isnt very good, shops take into account the look of the piece so give a bit more depending on how fashionable it is or how quickly they can sell it on so would give a better price.
- By Tanya1989 [ru] Date 06.02.10 21:08 UTC
there was a short programme about it not long ago OH was telling me about it. that these tv companies were rip offs and some were offering only 25% of the price that independent jewellers did
- By Carolineckc Date 06.02.10 21:32 UTC
those adverts are driving me up the wall.
- By Lily Mc [gb] Date 06.02.10 21:34 UTC Edited 06.02.10 21:37 UTC
Hatton Garden Metals are highly recommended through Money Saving Expert. They publish their prices on their website. I sent them some stuff last week, and had a very nice amount of money in my account within 12 hours.

M.
- By Carrington Date 06.02.10 22:28 UTC
As already said all these companies just give you scrap value, it's just a stick it on the scales job, they are not looking at intricate details or the real worth of some of the craftmanship which makes a piece more expensive, all you get is the weight of the item at whatever the price of gold is at the time. When you hear someone saying I got £400 for my jewellery they don't mention it had a retail value of over £2,000 people just don't realise. Your probably better off especially with nice intact pieces of jewellery in trying to sell them on ebay.
- By suejaw Date 06.02.10 22:57 UTC
There was something on them on The One Show the other week. They tested all that advertise and only a few companies actually gave you a good price, the others were very very low, so they said to these said companies that not acceptable price and the amount offered went right up.
They did say that you generally get a better rate in a local independent jewellers and there and then too.
- By Polly [gb] Date 06.02.10 23:50 UTC

> They tested all that advertise and only a few companies actually gave you a good price,


This was also covered this week on Radio Four who were reporting on the findings by Which magazine who offered among other things a £200 bracelet and one of these companies wrote back saying it was not gold, yet it was and was hallmarked to prove it. They recommend selling to a jeweller. My friend buys and sells jewellery on Ebay and says they get a better price there even for broken stuff.
- By gwen [gb] Date 07.02.10 09:00 UTC
I heard about the Which report on radio too, it said that some of the by post companies were giving a tiny percentage of the scrap price - one of them only 20%.  The high street places give scrap value or a bit below, but jewellers may give something sor the actually workmanship as they could be able to sell the item on rather than just melt it down.  The overall outcome of the Which report was don't touch by by post ones with  a barge pole!
- By Justine [gb] Date 07.02.10 13:55 UTC
We had some old bits to sell a few months ago and we went in 3 different jewellers and the prices, I think ranged from something like £6.90 - £8.20 a gram.

I wouldn't go anywhere near one of those gold places that they advertise on the tele. 
- By Lily Mc [gb] Date 07.02.10 18:49 UTC
Hatton Garden Metals paid me £8.00 a gram last week ... I completely agree that a lot of them are dodgy, but this company seems very reputable.

M.
- By Lea Date 07.02.10 19:14 UTC
Can you pm me their details please Lily Mc
Lea xxx
Topic Other Boards / Foo / gold for cash

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