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For the past 5-6 months we have seen many of these half and full page advertisements in the Costa Rican newspapers. (The ad’ below in Sundays’ paper)
The advertisements are offering to buy your gold and silver items for cash…
Can any of our VIP Members in the U.S. or in Canada please confirm if, during the same period, you are also seeing the same kinds of advertisements in your home town in Canada or in the US?
PS. Before you ask…. “Jewellery” is British English and not American English …
ohhhhhhhhhhhhh YA.
They have been in the papers and magazines for over 3 years.
Every Jewlery Store has a guy in the front of it waving their
signs to BUY YOUR JEWLERY/GOLD SILVER/WATCHES.They even have Jewlery parties that will weight it and pay
you 1/2 of what it is worth. COMMERCIALS all day long. NEED
MONEY… we will buy your jewlery and you get instant CASH.
IT is a mail in your jewlery and we send you a check.THEY ARE EVERYWERE HERE IN THE USA. SIGNS EVERYWHERE.
NOTHING NEW HERE IN THE STATES.GG
gg
Oh, ya. They dont pay you the going price AND FOR ANY STONES OR DIAMONDS IN THE JEWLERY. If, IF, I was going to sell I would go to a rep. jewller and they will give you a little less but more than these jobbers. The mail in’s are real bad on price and/or never got your jewlery. Many stories in the paper on that here in the USA.
Keep you jewlery, it will be worth more in a year or so. It is my beleif Gold and Silver are on the rise again.
GeeGee
[quote=”Scott”]That’s the deal? They pay you half the actual gold value?[/quote]
Every few miles, all around Miami, there are people holding signs on the streets advertising “We will buy your gold and jewelry”..or something to that effect.
if they paid you the full rate for gold or silver, how would they make any money. in the states there were dealers who paid you 80% of the melt value, but unless you need that moey to buy food, i’d hang on to the gold.
In addition to the “scrap” or “melt” value of jewelry, I think it’s important to understand that a very significant part of the original purchase price reflects (1)fabrication of the piece and (2)the retailer’s markup. To sell a piece of jewelry purchased for (say) $500 for scrap would be to lose the greatest part of the purchase price.
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