Jewelry 1
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Pamela T asked:
I saw the infomercial today and was wondering if you really can get some extra money just by sending in your unwanted gold jewelry.
Has anyone tried to do this? Is this a scam?
NO i read this go to this link
and even if you do decide to do it make sure u use tracking and delivery for your package becasue alot of peoples gets “lost” might really be lost or stolen
Those commercials sound good, but what they do not tell you is how mouch they will actually pay. They pay Pennies on the dollar for what your scrap is worth. There are honest assayers out there that will weigh and give you th current price for your gold…I suggest looking them up.
Ask your local private jeweler if they assay. Also maybe a coin dealer as well.
They should pay by the gram or pennyweight….
Also, have them weigh in front of you, and if possible, get a postal scale and weigh your stuff prior to see how close they are.
Hope that helps…
You won’t get very much money from these types of companies. They will give you a very low value for your jewelry, and you don’t get to negotiate. They just send you a check for what they want to pay you.
You’d get more money by selling the jewelry yourself, or even by taking the jewelry to a pawn shop. Before you do anything, take the jewelry to a jewelry store and ask them if they would buy it.
It is an actual company: however, you have no control over how much money they will send you for your gold, it would be better to call a few local companies from the phone book that buy gold and ask for quotes, then take it to the best quote, or to the next best quote and ask if they can do as well as or better than the highest bidder.
Companies like Lippincott, LLC are advertising heavily on television and the Internet. In its GoldKit program, 20-year-old Lippincott accepts a gold item such as a ring by mail, appraises it and mails the seller a check. Lippincott pays for shipping and insurance, and supplies the mailing materials to the seller for free. Sellers unsatisfied with the price offered can return the check and get their items back with free shipping and insurance.
Businesses like this erase the stigma many people feel in dealing with a pawnbroker or jewelry store, Fader says.
I wouldn’t want to use that company because it seems like you send in your gold which seems unsafe itself then they send you money without getting an estimate before you send your gold. It seems like you never know what you’re gonna get until you get the check.
It sounds like a scam. If they even give you money back, it won’t be a lot.
I haven’t done it but I wouldn’t do it because the jewlery is out of your hands and sight.
I wouldn’t trust my gold to an envelope in the mail.
You can do as you want.