What Gold Buying Company Pays The Most?
reitakitty asked:
Ive heard a lot about companies buying gold and your old jewelry, they all claim to be the highest paying but which one actually pays the most?
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Ive heard a lot about companies buying gold and your old jewelry, they all claim to be the highest paying but which one actually pays the most?
January 29th, 2009 at 5:26 am
Goldwescamyouforless.com?
January 30th, 2009 at 3:39 pm
your local jewelery store buys gold like everyone else and pays the most…(and you can’t get it ripped off in the mail or by scammers.)
January 31st, 2009 at 9:07 pm
none of them. they buy it at the lowest price they can get, then they extract all the gold and sell to make an actual profit to a retailer. so sell it to a retailer.
February 3rd, 2009 at 3:32 pm
None.. really!
They all screw you in the end.
Best bet is to trade it in .. or sell you old jewellery.
What they do is melt your 18KT, 14KT or 10KT (say you had 2 ounces in weight) jewelery.. and convert to pure gold (24KT). They will discard all your semiprecious stones, unless you remove them first. Say you get 1 oz of pure gold… which is $650 in the market. They will give you $600 per oz. and then they will deduct you for the smelting, purification and deduct another $200 and geive you $400.