Selling our old gold

Asheron

Don't sell your gold, it's going much Higher next stop $1,600 oz and then maybe over $2,000

Davey2009

I take a keen interest in the stock market & about half of the professionals reckon gold will continue to soar & the others think its a bubble waiting to burst it really depends on so many variables so as usual its anyones guess - personally Id cash in unwanted jewellery now providing you get a good offer another option if its not broken is selling it on eBay

tigger69

aderynmawr wrote: »

EXACTLY the same has happened to me with Money4Golduk.com...I can't get through on the phone and my emails are ignored. I don't know where to turn - it was hard enough making the decision to sell my gold, but I did it because I'm desperate..so obviously I can't afford to lose this money. On top of this, there seems to be a TV AD every 5 minutes for this rip-off site, and I'm getting more depressed every time I see it. Have you heard anything from them yet?

Keep trying to phone them. I eventually got to speak to a human, not that it helps much but you do need to speak to someone to follow their terms written in their guarantee exactly. So they have no excuse not to send back your gold. I also wrote them a letter and sent it recorded delivery. The more complaints consumer direct get regarding this company the better and hopefully the more chance we all have our getting our property back! Consumer direct will pass all the details over to trading standards as long as you give money4golds trading address as listed on their website.

somekindofwizard

DiggerUK wrote: »

OAP,
On gold forums I visit regularly the advice given if somebody wants to start filing, sawing or taking a Black and Decker to your gold is, "run, quick" they're a cowboy.

If jewellery isn't hallmarked, acid testing is the best way to establish its purity. You have to file into it first to make sure it isn't just gold plated, but it should only be a tiny scratch.

Never send your gold off without knowing in advance what price they pay per gram, and without knowing the carat of the jewellery you're sending.

You'll never get the full price the daily gold price would suggest because there are costs associated with melting it down, but the cashforyourgold.co.uk price looks pretty good to me.

Asheron

Cash for Gold is a big scam, first the packet is not insured when you send your gold, next they offer you a stupid offer, if you dont except you have to pay £30 return fee.

You can do much better selling to a local gold dealer...

If you would like to know what your gold is worth you first have to know how many karats it is. 18K gold is about 73% pure. You can weigh your gold on a digital postage scale to get the approximate weight, then go to the Scrap Gold Calculator

DC666

DiggerUK wrote: »

OAP,
On gold forums I visit regularly the advice given if somebody wants to start filing, sawing or taking a Black and Decker to your gold is, "run, quick" they're a cowboy.
All this geezer will do is post it of to the sites you have been given here. What overheads has the guy got anyway?
If you don't need the cash now hang on to your gold.

Good fortune.

This is completely innacurate advice!! I work for a gold refiner, who unfortunately dont deal with the public, only trade.

To test the Carat of your gold a jeweller will file a little mark in your item and add a little acid. Its the most reliable way of testing for Carat. So the reality is quite different, if someone asks you if they can file a little bit of your item they AREN'T a cowboy, quite the opposite, they are genuinely testing your item.

Jokaty82

WeBuyOldGold has none of that - its sent off via special delivery so IS insured, and they pay for the posting.

Have recommended 3 friends and they have all been very happy.
I would not hesitate in recommending them. Me and my mum have found them a pleasure!

Primrose

There is a report in the paper today that the world appears to be running out of gold. If this is true, it would seem to make sense to hang onto it as long as possible if you don't need the money, as the longer you keep it the more valuable it could become. Gordon Brown obviously wasn't paying any attention to the global commodity forecasters when he sold off the country's gold reserves at rock bottom price just a few years ago. Just think what they would be worth now!

oap

Hello, well yes it is soaring, I took the advice given on here somewhere to hold on to my gold, and I have done, and will not do anything about it unless we really need the money, which one never knows really! Could do with it of course, but its like saving it up for us.
Yep, Gordon Brown could do with some of that now!

Errata

There is a finite amount of gold on the planet, but not all of it as yet has been dsicovered. There's no way of knowing yet if we have run out or are running out.