Great 'Sell Your Gold' Hunt

Jamesbell_3

I would not settle for selling gold locally, you normally only get up to £5.00 a gram. I would not send it in to a T.V postal gold company You will only get a couple of pounds a gram.

If you look online you can get over £7.00 a gram. (make sure you choose one that pays the same day and that they dont charge any fees). There are really only a couple of sites I would deal with.

Remember to look for


An advertised price.

No admin fees or Smelt charges.

Same day payment.

Make sure its a registered company (at companies house).

Also will they send it back free of charge instantly if you are unhappy with the price offered?

I personally deal in the trade and won't spam, but can give you good solid advice.

clairegwen

I have always been sceptical of these companies promising money for gold, but today I went to the Cresta Court Hotel in Altrincham where a company was buying it. I emptied my jewellery boxes and just took odd earrings, rings I wore when I was younger and havent worn for years, broken chains etc etc. Everything I hadn't touched for many years. I got offered £200. I am so, so chuffed with this. Like my OH said, yes he probably will make £400 on it, but I'm happy, I'm £200 better off than I was yesterday and I have got rid of all the bits and pieces cluttering up my jewellery box that never saw the light of day.
Thats just my experience, but when they next come around I will take more stuff.

worldtraveller

clairegwen wrote: »

I have always been sceptical of these companies promising money for gold, but today I went to the Cresta Court Hotel in Altrincham where a company was buying it. I emptied my jewellery boxes and just took odd earrings, rings I wore when I was younger and havent worn for years, broken chains etc etc. Everything I hadn't touched for many years. I got offered £200. I am so, so chuffed with this. Like my OH said, yes he probably will make £400 on it, but I'm happy, I'm £200 better off than I was yesterday and I have got rid of all the bits and pieces cluttering up my jewellery box that never saw the light of day.
Thats just my experience, but when they next come around I will take more stuff.

IMHO you should have pushed for much more. It's cluttering up your jewellery box, so anything is better than nothing. :think: I still think that you are very wrong. In my view you are giving the buyer a £20 note and they are giving you back a £10 note. This is surely how these leeches make their money.

JDPower

worldtraveller wrote: »

IMHO you should have pushed for much more. It's cluttering up your jewellery box, so anything is better than nothing. :think: I still think that you are very wrong. In my view you are giving the buyer a £20 note and they are giving you back a £10 note.

Exactly. You wouldn't go to a currency converter and let them keep half your currency cos 'they deserve a profit' so why should converting gold be any different. The sooner the government stops regulating the hell out of things that don't need it and get round to industries like these that do the better :undecided

clairegwen

For what its worth, i don't agree!! At the end of the day, I don't know where I could take it where I would be able to double the money I had got today. Obviously I wouldn't sell the family heirlooms this way, but for something that had no worth to me at all, coming out with £200 in my pocket was very nice!

In hindsight I probably could have pushed for a bit more and I might do that next time. This was my first experience at selling gold, and so long as it is items I have no connection with and don't want then I wouldnt hesitate in doing this again. Besides, by taking gold in, I am not obligated to sell it. If I don't like the price and they weren't prepared to budge then I could always walk.

I appreciate it doesn't work for everybody and each are entitled to their own opinions but for now it works for me and I'm happy.

JDPower

clairegwen wrote: »

For what its worth, i don't agree!! At the end of the day, I don't know where I could take it where I would be able to double the money I had got today. Obviously I wouldn't sell the family heirlooms this way, but for something that had no worth to me at all, coming out with £200 in my pocket was very nice!

In hindsight I probably could have pushed for a bit more and I might do that next time. This was my first experience at selling gold, and so long as it is items I have no connection with and don't want then I wouldnt hesitate in doing this again. Besides, by taking gold in, I am not obligated to sell it. If I don't like the price and they weren't prepared to budge then I could always walk.

I appreciate it doesn't work for everybody and each are entitled to their own opinions but for now it works for me and I'm happy.

No one's having a go at you, just the chancers who are making a fortune from people who don't know any better. Oh and no reputable gold dealer will oblige you to take the money, you can always get your gold back if you don't like the offer.

It seems the most recommended option on here is Hatton Garden Metals who are end users, not middlemen (like most every other gold company), therefore there's no one creaming off a huge profit in between, perhaps give them a look next time

JesaRose

I tested out this site this week:
http://www.scrap-gold-buyers.co.uk/212/Scrap_Gold_Prices_per_gram.html

Sent 13g odd of 9ct gold and at the time of checking last Wednesday the price on their site was £7.58 per gram. When they received the gold and called me Monday the price had dropped on their site to £7.20 so thats the price I got £99 something

The cheque came yesterday

I only lost a couple of pounds and it was quick but I was not keen on the fact that they don't advertise clearly that you will get the price on the day

I have not yet decided if I will use them again

I'm getting some advice from an auctioneer I know so I will post the results if he finds me a good outlet

Chris284

Why was my post deleted?:(:(:(

Chris284

*Barbie* wrote: »

You can find out how much gold is worth on kitco.com which is updated twice daily - I can tell you though the highest paying company at the moment is blahblahblah and they RING you with an offer so you can't get conned with all those companies that just send you a cheque and you only get a day to send it back before it gets scrapped....

blahblahblah rates don't seem bad, but they are not 'the highest paying company at the moment'

thickbuilder

fimorg wrote: »

After reading this particular message and similar glowing reports for Hatton Garden Metals I sent off my old gold jewellery. I was very pleased with the result and was paid a good rate for my gold which was in my account next day. HOWEVER I ticked the box to have my non gold items returned to me at a cost of 6.50. One item was an engagement ring with a single diamond, not huge - only a third of a carat, but worth having back! I have now discovered that they DO NOT RETURN STONES AT ALL. The non gold items only refers to returning stuff that people have sent off thinking it was gold and it turns out not to be. They do not remove stones at all, and definitely do not send them back. I know I have been naive in not checking - I read this post and then on the Hatton Garden website saw the return option and assumed that it referred to any non gold items, including stones. Thought it worth warning others to take care with this.

i sent mine to hatton garden :Tgot £7.76 per gram for 9 carrot
local jewelers were offering 5 to 6 pounds
i took mine to one of the jewelers pretending i wanted to sell it them they checked it was all 9 carrot and weighed it for free:beer: