Monthly Archives: November 2011

Learn How to Sell Your Scrap Gold and Get More Cash for Your Black Friday Shopping Spree in NowGold.com’s Free Report – Gold Industry Insider Secrets

Learn the secrets that gold buyers don’t want you to know. How to sell your scrap gold and get more cash for your Black Friday shopping spree in NowGold.com’s Free Report – Gold Industry Insider Secrets.

Orlando, FL – Learn how to sell your scrap gold and get more cash for your Black Friday shopping spree. NowGold.com has just released Gold Industry Insider Secrets, written by NowGold.com’s top precious metals expert. This insider report will arm you with the real facts about what really goes on behind the scenes of gold and silver buyers. Most readers will be shocked when they discover the behind the scenes process of selling gold jewelry.

The experts at NowGold.com have committed to paying the highest prices for scrap gold and want anyone that needs to sell gold jewelry or scrap gold to be totally educated on the selling gold process.

“We at NowGold.com are shocked at what goes on in the Gold Buying Industry and we seek to expose the unscrupulous tactics that some bad apples employ. NowGold.com seeks to distance our company from those underhanded tactics by paying top dollar to our customers that wish to sell gold. It’s a win-win,” says Lee Heavener.

Gold Industry Insider Secrets will cover: Safety Tips that enable you to sell your gold without getting ripped off, how to calculate the value of your gold so that you know your scrap gold’s true value and other inside tips to equip you with the knowledge you need to sell gold online.

The timing of this much needed insider report is superb. With Black Friday just around the corner, selling gold online is one of the safest and quickest ways to raise extra cash for Christmas shopping. Many customers are amazed when they discover how much their scrap gold is worth.

About NowGold.com and the precious metals team: Lee Heavener serves as NowGold.com’s precious metals expert and has 20 plus years of experience as a gold buyer. Chris Jenkins oversees marketing and communications. Their commitment to treating all customers fairly and honestly is unparalleled among internet gold buyers.

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How to Choose an Online Gold Buyer – Video

How to Choose an Online Gold Buyer

Choose and Online Gold Buyer
With the variety of gold buyers available on the internet, you might be questioning who you should choose to do business with. The truth is, there are vast differences between the various online gold buyers.

First off, is it a legitimate business or an online scam?

The vast majority of online gold buyers are legitimate businesses, most of which are licensed in their respective states. For example, NowGold.com is a licensed second hand precious metals dealer in the state of Florida. Only use a licensed precious metal dealer and you’ll always have the law on your side.

Another way to tell if an online gold buyer is legitimate is to do a Google search for their business name. If the company is rip-off, you’ll find out pretty quickly. When it comes to looking for feedback, no news is good news. Take a look at OnlineGoldScam.com to see community feedback on some well known web sites.

How Much Cash for Gold Will You Get?

Every online gold buyer tries to distinguish themselves by claiming to pay more, but the truth is, most cash for gold web sites pay just about the same as everybody else online. However, you’ll find that the online gold buyers consistently pay more than the local gold buyers. Because online gold buyers do a higher volume, they can afford to have tighter profit margins than the local pawn shop or jewelry store.

With that said, there are a few unscrupulous companies that will payout very low amounts. For 14K gold, considering all of the operating costs, the typical online gold buyer will pay anywhere from 45% to 65% of melt value. There are however, some places that will try to pay you as little as 20% of melt value.

At NowGold.com, we pay out on the high side. Our goal is to have satisfied customers giving us great feedback in the online community. You’ll find that by doing a Google search some companies have lots of complaints about low pay outs; you’ll want to stay away from them.

What about fraud or theft?

Fraud is really not a big problem in the industry for online gold buyers. When you are ready to sell your gold, just make sure you use a licensed dealer and you’ll probably be alright. Again, there are a few bad apples spoiling the bunch. You’ll want to do a little research on the company to make sure they do not have a history of ripping off their customers.

How Fast Will I Get Paid?

When it comes to the timeline for getting cash for gold, NowGold.com really does stand head and shoulders above the rest. Here is a comparison:

NowGold Timeline

Day 1
Go to NowGold.com and fill out the form.

Print out a shipping label.

Pack up your items according to the instructions.

Drop off your gold at the nearest FedEx or Post Office.

Day 2
If you chose Overnight Delivery, we will receive your items by 10:30 AM the next morning.

We process your package and you can choose to have us make a direct deposit into your bank account the very same day.

Cash4Gold Timeline

Day 1
Go to Cash4Gold and fill out the form.

Day 3
They eventually get around to sending you a Jewelry Return Pack.

Day 5
You receive the jewelry Return Pack in the mail. You can now pack up your items and ship them out.

Day 8
Cash4Gold receives your items and starts to process them.

Day 9
Cash4Gold sends you a check in the mail.

Day 12
You receive the check in the mail from Cash4Gold. If you’re happy with the payment, you deposit the check into your bank account.

Day 15
The check clears and now you can spend the money.

How to Choose a Gold Buyer – Video

Cash for Gold – How to Choose a Gold Buyer

Whenever you decide to sell gold jewelry and get cash for gold, you will need to be very careful in selecting your gold buyer. Not all gold buyers are created equal. You shouldn’t just sell your gold to the first guy you see holding a We Buy Gold sign.

The truth is, less than half of the gold buyers you encounter will treat you fairly and honestly. When selling your gold jewelry, whether to on online gold buyer or to a local pawn shop or jewelry store, you need to be very selective about which company you choose to sell your gold jewelry to.

Just because somebody says “we buy gold” does not mean the will pay you what your gold is really worth. To the contrary, most cash for gold companies will pay you less than your gold jewelry is worth. So, how do you find an honest gold buyer?

In order to select an honest gold buyer when getting cash for your gold jewelry, you must get some personal recommendations.

    What do you know about the cash for gold company?

    Do they have a history of ripping people off when they sell gold jewelry?

    Do they have a precious metals license or just a big We Buy Gold sign?

Don’t take the risk of dealing with an unreliable gold buyer.
Here is what you should look for.

sell my gold jewelry - cash for gold
• Personal Testimonials from real people, not a famous paid spokesperson.

• Accreditation with trusted organizations such as VeriSign and the BBB.

• Great ratings with trade organizations like the Better Business Bureau. NowGold.com has an A+ Rating.

• 100% Satisfaction Guarantee.

• Great online feedback. What do other people on the internet say about the gold buyer. We are the #1 pick by the consumer advocate site OnlineGoldScam.com

By using these methods, you can determine which cash for gold company is trust worthy and which We Buy Gold guys are bad news.

Selecting your Gold Buyer

Once you’ve narrowed your search down to gold jewelry buyers with great community feedback, next you’ll want to choose a gold buyer that offers the services you need. Here are some things to look for when you get cash for gold.

• Highest Price – Price Match Guarantee
Will you really get top dollar for your gold and how do you know?
If you walk into a pawn shop, they will almost always offer you the lowest possible price. Instead of opening with their best offer, they typically try to see how low of a price they can pay for your gold. Don’t be a victim to the pawn shop haggle game. Selling your gold to a trusted Online Gold Buyer will get you top dollar for your gold jewelry.

• Fastest Payment
Most online gold buyers make you wait around for a jewelry return pack, and then make you wait some more for a check in the mail. NowGold.com offers you the option to print a shipping label straight from your computer so you can ship your gold today. We also offer direct deposit payment so you can get your cash for gold with 24 hours. Top dollar and fast payment!

Top 5 Reasons to Sell Gold Online – Video

Top 5 Reasons to Sell Gold Online

Top 5 Gold Buyers
One question we hear time after time is, “Why should I sell my gold online instead of at the local pawn shop?” Truth be told, there are lots of reason you should sell your gold online; here are the top 5.

1. Stricter Regulation
Interstate Commerce and Federal Regulations

The local pawn shop or jewelry store is required to comply with state laws regulating how they operate their business. Some states offer more protection while other states offer less. Unfortunately, it’s the luck of the draw as to how much protection your state offers you.

However, when you sell your gold online, it is considered interstate commerce. And therefore, transactions between you and NowGold.com are governed by Federal Regulations. Mail Fraud is a serious federal offense which carries heavy penalties such as $250,000 fine and 30 years in prison.

When selling your gold online, you can rest assured that the full power of the United States Government is there to protect you.

2. Safety
Safety should be a major concern.

Think about this:
You see an advertisement for a gold buying event at the mall. Lots of people are going to sell gold. You and others show up, walking through the mall parking lot with a purse full of gold jewelry and leaving with a pocket full of cash.

Who else saw the advertisement? Bad guys!
You’re a sitting duck, waiting to be targeted by a mugger. This sort of thing happens all the time. Why set yourself up as a target?

What about Pawn Shops?
Pawn shops seem to always be located in the worst part of town. It’s bad enough to go there, but carrying cash and valuable just makes it worse.

Craig’s List?
Never ever go meet a stranger to sell your gold, at their location or yours. It is extremely dangerous. Individuals on the net (as opposed to legitimate companies) are very dangerous. Don’t put yourself in a situation that is out of your control.

3. Convenience
Let’s face it, you’re busy. You don’t have time to be going to gold parties or running all over town to sell your gold. Selling gold online is really quick and easy compared to selling gold jewelry locally.

With NowGold.com, you can simply fill out our Get Started Form, print out a shipping label, and throw your jewelry in the mail box. A couple of days later, you automatically get cash in your bank account.

4. Confidential
If you are a private person you just don’t want everybody to know you are selling gold. When you sell gold jewelry online to NowGold.com, nobody else needs to know. You friends won’t know, your family won’t know, not even the postman knows you are selling gold online.

5. Get Top Dollar

Commercial real estate is very expensive. So why would you want to pay the rent for your local jeweler? The point is that the cost of doing business in a local storefront is high. They pay those high costs by paying you less.

Another important factor is competition. Online gold buyers operate in a national market, therefore we have to be competitive.

And finally, consider the economics of scale. Online gold buyers like NowGold.com just do higher volumes than the guy on the corner. As such, we can afford to pay better prices.

Bottom line, chances are you’ll be paid much more from an online gold buyer than the local gold buyer.

How Fast Will I Get Paid – Video

How Fast Will I Get Paid When I Sell My Gold?

When it comes to the timeline for getting cash for gold, NowGold.com really does stand head and shoulders above the rest. Here is a comparison:

NowGold Timeline

Day 1
Go to NowGold.com and fill out the form.

Print out a shipping label.

Pack up your items according to the instructions.

Drop off your gold at the nearest FedEx or Post Office.

Day 2
If you chose Overnight Delivery, we will receive your items by 10:30 AM the next morning.

We process your package and you can choose to have us make a direct deposit into your bank account the very same day.

Cash4Gold Timeline

Day 1
Go to Cash4Gold and fill out the form.

Day 3
They eventually get around to sending you a Jewelry Return Pack.

Day 5
You receive the jewelry Return Pack in the mail. You can now pack up your items and ship them out.

Day 8
Cash4Gold receives your items and starts to process them.

Day 9
Cash4Gold sends you a check in the mail.

Day 12
You receive the check in the mail from Cash4Gold. If you’re happy with the payment, you deposit the check into your bank account.

Day 15
The check clears and now you can spend the money.

The Ugly Truth about Cash4Gold.com

A while back we made the decision to take our local gold buying business national using the internet. It became obvious pretty quickly that we would be in competition with the eight hundred pound gorilla cash4gold.com. At first, we aspired to be like cash4gold.com, but those hopes faded quickly. Once we found out the ugly truth about their business practices, we no longer looked to cash4gold.com for inspiration, but with disgust.

cash4gold.com thugs
Cash4gold.com chief Jeff Aronson posing with MC Hammer

We’ve long understood the principle that if you treat somebody right, they’ll tell a friend, but if you treat somebody bad, they’ll tell 100 friends. As a point, we treat our customers fairly and honestly, with the respect they deserve.

At the time of this post, NowGold.com has an A+ rating with the Better Business Bureau, with ZERO complaints.
View NowGold.com BBB Rating

On the other hand, Cash4Gold.com maintains a B- rating, with 297 complaints.
View Cash4Gold’s BBB Rating

All That Glitters is Not Gold

We found out the truth about this company’s business practices when ex-employee and whistle blower Michele Liberis published an article talking about the details of the operation. According to Liberis, cash4gold.com is using a lot of dirty underhanded tactics. Read the full article

The Low-Ball Payment Scam
According to Liberis, Cash4Gold.com will make low ball payments for your gold jewelry. When you call to complain, they will negotiate the lowest possible payment with you. She says that employees are paid bonuses based on how little they pay you!

At NowGold.com, we pay you a fair price for your gold. The price we pay is generated automatically based on the weight and purity of your gold and the current market conditions. Everybody gets paid the same rate and nobody gets a bonus for cheating the customer.

The Slow Check Scam
Like us, Cash4Gold.com offers a 10 Day Satisfaction Guarantee. However, that 10 days starts from the date on the check. Liberis claims the company will intentionally hold checks for many days in order to cut into your guarantee period.

We don’t play games with your money. Our policy is to process the gold and send out your payment the very same day we receive your shipment.

The Lost Package Game
Liberis tells us that Cash4Gold.com will pretend to have lost your package and underpay you for the insurance claim. On the other hand, NowGold.com has not lost a package yet.

Why Choose NowGold.com

Bottom line, NowGold.com is not like Cash4Gold.com. We pride ourselves on treating our fairly and honestly. Our great BBB rating and customer testimonials say it all!

Top dollar for gold

Cash for Gold  |  Fastest Place to Sell Gold on the Web

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