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How Much Cash4Gold?

Discussion in 'Economics and Financials' started by Fin Fan In Cali, Sep 10, 2009.

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  1. Fin Fan In Cali

    Fin Fan In Cali Dolphin fan since 1970 Luxury Box

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    gafinfan likes this.
  2. gafinfan

    gafinfan gunner Club Member

    Build it and they will come!:no::shifty:
     
  3. HardKoreXXX

    HardKoreXXX Insensitive to the Touch

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    Anybody here ever done this? Curious to know how much they pay out.
     
  4. opfinistic

    opfinistic Braaaaains!

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    Peeking in Nabo's Basement
    I've been collecting teeth on the weekends. Can't wait to see how much $$$ I get. I tell you what this business is brilliant in these economic times. Gold will not lose it's value, but you can't spend it at the grocery store or pay the light bill with it. Once things turn around and the economy gets back on track, they'll male a killing reaping what they have sown.
     
  5. Celtkin

    Celtkin <B>Webmaster</b> Luxury Box

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    60 Minutes or some other news show did an expose on Cash4Gold. They were, BY FAR, the lowest paying gold buyer. Local gold buyers consistently paid higher prices.

    My advice is to shop your gold to local gold buyers and jewelry stores and let each know that you are checking several before you decide to sell.
     
  6. Themole

    Themole Season Ticket Holder

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    Here is a good place to learn all you need to know about buying and selling precious metals. usually you are better off just selling at your local coin shop.



    https://www.kitcomm.com/forumdisplay.php?f=8
     
  7. Stringer Bell

    Stringer Bell Post Hard, Post Often Club Member

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    Good friend of mine has a cash for gold business in the DC area. If anyone is looking to sell gold, contact me!
     
    Celtkin likes this.
  8. texasPHINSfan

    texasPHINSfan New Member

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    i have a friend that did this, even against my advice.

    what happened was what i told him. they are one of the lowest-paying bidders on the market. they do pay, but it is seriously garbage of rates. the appeal they have is how easy it is for you to sell it to them. you don't have the pressure of taking it to a store, bargaining with a pawn shop or jeweler, etc, etc..... and given the human psychology, you're more likely to take less money when the gold is already at the cash4gold location and you've had to make such little effort to get rid of it. you just want the cash by that point, and no human interaction or leaving your house.... so you cave.

    that's the mindset my friend had (laziness & fear of dealing with a dealer), and he was willing to take the small hit on rates for the convenience.

    so basically something i completely didn't understand became a very obvoius need for a lot of people.
     

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