There's Gold in Them There Hills!

I see those commercials all the time too. But i don't have any thing they would pay for because my jewelry is all cheep stuff. But I also see some local jewelry stores that will buy gold so If I were you that is where I would start. Then at least you would know what your gold pieces are worth. I would think it would depend on the carets the pieces have too.

Our local news warned heavily to be wary of any of the cash for gold companies as some are accepting the jewelry but not paying out. The alternative they mentioned was a new Home Party spreading across the country. It's women who come to your home & give a party (kinda like the old Tupperware parties). They buy your jewelry right then & there. They bring their jeweler scales & offers a fair price which you can accept or decline. Also, the person hosting the party receives a small percentage of what was bought at their party. So, I would probably suggest that you check into your area & see if anyone is doing this there. If they are, maybe have your own party. If they're not, you could be the first one to start up on your area. When you mail your jewelry in, you have NO idea who you're dealing with!!!

I would never send my gold to some place I never heard of on the net, I may as well just through it the window, I have no guarantee this place is legit or if I will ever see the money and as you say what if I get back peanuts, no thank you.

Yes, I've seen those commercials too and I have wondered about it also. I don't know why, but I feel like it is a ripoff. I don't know why I feel that way, but what would happen if it got lost in the mail, etc.? If I were you I would go to a jewelry store or call around to jewelry stores in your area and ask them if they buy gold by the ounce or what have you. I think some local places would do that. Especially if you have a jewelry mart around you or something like that. It doesn't hurt to ask around. Good luck! Have a great day and happy myLotting!!!

I tried one of those earlier this year. They sent me a check for $10.50. No where near the true value, but was only testing them out so really did not lose too much. Check the BBB ratings before you do this. Cash4Gold has the absolute worst rating they can give. A lot of complaints on that company. Also another source to look at is Rip Off Reports. They will show you customer complaints from everywhere. Sometimes they are just people who might have had a bad experience with a company, but when there are a whole lot of them all saying basically the same thing it's time to step back and reconsider.

Hi Ldyjarhead - Personally, I haven't used cash for gold before. I know that my husband did use it a few times when he was in dental school. He sent in pieces of gold that were used when he worked with gold crowns for teeth. I do not think he got much money for them, but the pieces of gold were pretty small. Have you ever taken any of your old gold jewelry to a pawn shop? When I divorced years ago, I took my wedding band to one. I do not remember how much money they gave me for it but it was not much. I remember being disappointed. They pay you by the weight of the gold. If you do decide to mail something in to one of those places, I would just mail one thing in at first to see how much they pay you for it. I'd hate for you to mail in a bunch of things at one time and be really disappointed when you finally get a check. Good luck though. I do have quite a bit of jewelry that I never wear either maybe I should take a look through my jewelry box too! :)

I haven't tried it. But you have brought up some good questions. Because yeah you would be stuck with what they want to give you even though the jewelry could be worth more. I would say send a few things maybe or even try to call or contact through there website it is best to ask questions. Wouldn't want a $200.00 Necklace go got $2-$20....So it is best to ask then first.

I have not used these companies. We don't have them in my country. But I would prefer to be able to accept or decline their offer. It seems that their offer is final. Once you submit the item it seems you have to accept payment whether you agree with the payment or not. I don;t think it is fair.

nope it,s nor worth it i have used them twice and they cheated me i sent a diamond ring and a large pink ice i got in money 12.00 dollars the first time the second time i sent 2 gold necklace i only got 6 .00 dollars.i think they are a load crap.if you have old jewlery don,t do it keep your old stuff they will not give you nothing for it

You,ve got a lot more "moxie" than I have! I would sooner get ripped off at a "pawn shop" than to have my jewellery disappear into cyberspace! I would even E-bay them, then at least I have the final say on the price! Has this jewellery been evaluated? You know they are in this for profit, and I am sure you will be the one making them that profit! Once they have your jewellery, and are not happy with their assessment...what then? A lawsuit to get it back? Have you Better Business Bureaued them? I am a bit of a "doubting Thomas" when it comes to schemes that seem easy & simple...the expression "if it seems to good to be true, it probably is!" Gotta go shovel snow now...our first dump of the winter here on the West coast (southern) of B.C. About 8" at 5 a.m.! Cheers!

I have seen the commercials but I have not used any of these companies. There is no way I would ever turn my gold over to strangers that I don't even see and believe that they are going to weigh it properly and send me the current market value of that gold. I think it is one of those scams that prey on people who think it is an easy way to get some money for something that is just laying around their house. The only way I would sell my gold--if I had any gold and wanted to sell it--would be to a reputable company where I can actually walk into the building, see and talk to the representatives in person, and watch what they were doing as they weighed the gold.

Haven't seen those around Ldyjarhead on the internet or elswhere but if I wanted to get cash for my gold, I'd go to the nearest Pawn shop coz I'd know where they're located and I'd be able to get my item back... I also think that company or site would be using the same principles with valuing the item

No I haven't. I'm taking mine to the jewery store first if I deside to do that will have them take a look at it first. That is what my Mom did and the bought it. So I'm not sure but it was in a small twon and they gave her gold price. Your friend onlydia

I have never tried it, but I am als interested in it. I thought of the same thing you did. They send you a check, don't even ask you is this what you will take for it or negotiate something with you. It shouldn't just be their choice what they pay you. If you do try it I would be interested if its worth it.

I am a bit conservative over this activities I would personally do this kind of transactions by myself and not online as I cannot trust online system for this very much.

My suggestion is to go to a bricks and mortar company, rather than a virtual one. That way, you can say yes or no to what they offer, without giving up the gold. About ten years ago, I took my wedding rings in to such a place, thinking I'd get something for them, but they weren't interested in them as rings, and as "scrap" they were only offering $10. So I kept them.

I haven't used those. I would be really afraid of how that works. You send your gold first, then you have no receipt, no proof, nothing to show you even sent it, much less the value of what you sent. And then, as you mentioned, you have no idea what they will pay you for your gold, or if it s a fair price -- and then it's done, no going back. And that's only IF they are legit and actually send you any check at all. I think you probably can cash in on your old gold jewelry and such, but I would try to search for some place local, where you can go in person, talk to the person, and find out what offer they'd make on your gold, so you can decide if you want to accept or not -- and if you do accept, you get your money when they get your gold. You can look up the company that has the mail in offer on BBB.com (Better Business Bureau), and see if they have complaints or warnings or anything. If they have a good rating, then I guess you could trust them, but I'd still feel uncomfortable. Also do a search locally for pawn shops, jewelers, or others who might buy old gold jewelry.

i've also been wondering about that. i guess people would get ripped off a little right? or they would not make any money from their gold business.

Hi Ldyjarhead, Sorry but I don't trust anybody, so if I want to sell something I would go there adn see them face to face, that way I will be sure to get a right price for my goods, so if you sent something off, you don't really that you have been ripped off, I just don't trust anybody in this day and age. Tamara

I've always wondered, how do you know if they pay what the gold is actually worth.