Lots of people like you would like to sell their gold jewelry for cash, but don’t because they’re afraid of getting ripped off. After all, how are you supposed to know who to trust? Let’s take a look at these 5 common myths about cash for gold buyers.
1. They’re Just Not Trustworthy
The individuals in the scrap gold industry are just like the individuals in every other industry. Some are honest and some… not so much. You probably know a great honest auto mechanic, and a few others who ripped you off. The same holds true for gold buyers.
Truth be told, some people in the industry are not trust worthy, and some are. Just like every other business choice, it’s up to you to do your research and figure out who to trust.
2. These Gold Buying Sites Are One Big Scam
The truth is, most online gold buyers are not a scam at all. They will legitimately receive your precious metals and send you cash. The problem is, some will send you a little more cash and some will send you a little less. You need to do a little research on the company to see if they have a good track record of customer satisfaction.
3. It Takes Too Long To Get Paid
Despite the myth, you can actually get paid for your scrap jewelry very quickly. Some companies allow for expedited shipping and direct deposits into your bank account. Using these methods, it’s possible to get paid as quickly as 24 hours. But beware, not all companies offer you this quick turn around. Make sure you choose a gold buyer who offers fast shipping and payment options.
4. Mailing Gold is Dangerous
To the contrary, carrying gold to a pawnshop is dangerous. Think about it, you personally carry gold jewelry into the shop and walk out carrying cash. The pawnshops are in the worst part of town, and everybody knows why you’re there. Alternatively, you can send your items in a safe, secured and insure package. Even if the package is lost, you still get paid.
5. My Gold Isn’t Worth Much
This is the worst myth of them all. With gold prices at an all-time high, there has never been a better time to cash in on your old and unwanted gold jewelry. A small handful of jewelry consisting of a couple rings and chains can be worth $1000. Take a look at our Payment Gallery to see for yourself.
Bottom line is, you can trust some gold buyers. NowGold.com is a BBB accredited business with an A+ rating. We are certified by Semantic VeriSign and are ranked as the number one gold buyer with the consumer advocate site OnlineGoldScam.com.