Report: #702855

Complaint Review: Gold and Silver Buyers

Submitted: Friday, March 04, 2011
Posted: Friday, March 04, 2011
Reported By: Brenda — Katy Texas United States of America

Gold and Silver Buyers

15875 FM 529 Houston Texas United States of America

Phone: 832-460-6269
Web: www.goldandsilverbuyers.com
Category: Gold Scrap Buyers

Gold and Silver Buyers Graymeiren Holdings, LLC Deceptive advertising; rips off gold/silver sellers Houston, Texas

1Author 0Consumer 0Employee/Owner

Rebuttal Box | Respond!

Respond to this report!
What's this?

Are you an owner, employee or ex-employee with either negative or positive information about the company or individual, or can you provide "insider information" on this company?
Also a victim?
What's this?

Are you also a victim of the same company or individual? Want Justice? File a Rip-off Report, help other consumers to be educated and don't let them get away with it!
Arbitrate
Set The Record Straight!
Repair Your Reputation
...the right way!
Corporate Advocacy Program

I had 113.7 grams (or 3.656 Troy oz) of silver to sell. I contacted Gold and Silver Buyers and was told that they pay 80% of the current price for silver.

At current prices of around $35/oz, my silver was worth approximately $130. 80% of $130 is $104, yet when I took the silver pieces to the store location, I was offered less than $50 for it.

They advertise that they pay more for gold and silver than any of their competitors and their advertising says "if you sell to anyone else, you're losing money."

I would have lost money had I gone ahead and sold my silver to them. They rip people off big time.

This report was posted on Ripoff Report on 3/4/2011 8:05:48 PM and is a permanent record located here: http://www.ripoffreport.com/gold-scrap-buyers/gold-and-silver-buye/gold-and-silver-buyers-graymei-9987e.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Gold and Silver

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips

Report & Rebuttal

Respond to this report!

What's this?

Also a victim?

What's this?

Repair Your Reputation!

What's this?