Cash for gold question

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corvetteguy78

corvetteguy78

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Anyone ever do cash for gold? Do these places pay you current value of gold or try to rip you off? I know this is a bad example but it seems like when I watch Pawn Stars Rick always pays the current Melt value to their customers. I am not sure if that is normal.

I have 1.6 OZ in 14k
.4 OZ of 10k
2.3 OZ of 925 Sterling Silver
and 1 Oz of .999 Silver(1990 Giants NFC Championship Coin, not sure if it has collectors value)

Trying to figure out what i should accept for it all
 
do you mean "cash for gold" like on tv or just selling gold for cash? it's vastly different.

and B is right. Gold is literally down 50% from it's highs. Euros will have to bounce back to weaken the dollar, strengthen currencies and oil.
 
Yeah like walking into a store and selling your jewelry and coins and shit. I would hold on to it but i need new kitchen cabinets/counter tops in my condo rental as well as a new carpet in the master bedroom. This shit is just sitting around collecting dust.

I found an App on Google Play and its basically telling me i have $1400 or so worth of gold/silver at 100% value.

So that is what I am trying to figure out, what will these places pay? Is it market value at the time you go there or is is like some god awful offer like 75% of value
 
The stores you walk into to sell your gold are a major ripoff.
 
There's a rare coin shop here where I work. I took 30oz of silver in there a while back and they gave me $1 under current market value. I felt like that was pretty fair, I would imagine there's other places that do it the same way. I would never do any of those mail in deals
 
corvetteguy78 said:
Yeah like walking into a store and selling your jewelry and coins and shit. I would hold on to it but i need new kitchen cabinets/counter tops in my condo rental as well as a new carpet in the master bedroom. This shit is just sitting around collecting dust.

I found an App on Google Play and its basically telling me i have $1400 or so worth of gold/silver at 100% value.

So that is what I am trying to figure out, what will these places pay? Is it market value at the time you go there or is is like some god awful offer like 75% of value
Click to expand...

your best bet is to literally just hit the phones. Call any place that buys coins, bullion, jewelry, and stones. It's going to take some leg work, but you should be able to get 50-70% of current ounce prices.
 
i believe the places that offer cash for gold usually try to stick you for 50% of value "because we have to melt it down and have overhead"
a scrap yard might even give you better value, depending if they buy precious metals.
like others have said, gold is down, its a foolish move to sell it now. precious metal prices fluctuate like any other market.
buy low and sell high.
 
Briansol said:
do you NEED counters, or want them?
Click to expand...

need....it's an original kitchen from 1974...when i bought the condo in 2006 they were in bad shape, warped cabinet doors that don't close, broken drawers that sag, i would be getting a 10FT laminate counter top for $150, home depot cabinets, and 79 cent per square foot laminate flooring from Lumber Liquidators.

The condo just needs to be freshened up.
 
Beckers has the gold buying places scattered around the area. Do you have a jeweler that you go to and trust? I would try them. Get a few quotes and play the places off of each other. Some pawn shops say they will pay top dollar. A coin store opened up recently on main st in Portland that I heard was pretty good, maybe for the coin.
 
timber!

Gold_and_silver_are_getting-ae7580ec40e6d079bf7cbe0b7cf4a97d
 
yeah gold is just tanking lol...I just hold on to this stuff for awhile.
 
You'll be lucky to get 50% of spot, which is known as "scrap price."

If you can, you're better off melting it down yourself.
 
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