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Report: #315927

Complaint Review: Cash4Gold - Cash4gold.com Nationwide

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  • Reported By: — Beacon New York
  • Author Confirmed What's this?
    • Why?
  • Cash4Gold Cash4gold.com Nationwide United States of America

Cash4Gold Why you shouldn't use Cash4Gold Cash4gold.com Nationwide

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I saw the commercial this morning so I checked-out Cash4Gold.com.

Warning #1, You have to trust them to be honest with you.

Warning #2, C4G pays for gold and platinum by the pennyweight (dwt). Now everybody knows how big a pennyweight is, don't they? It is 1/20th of a troy ounce. A troy ounce is 1.09711 avoirdupois (regular) ounces.

Warning #3, They pay $9.12 for a troy ounce of pure (.999) silver. Today, 3/8/08, the value of .999 silver is $20.14/ozt. In other words, they will pay you 45% of what the silver is worth. This rip-off is similar for gold and platinum.

Don't let C4G make a fool out of you. Take your old jewelry to a local jeweler. He may buy it from you at a fair price or tell you the name of a reputable refiner

Rob Beacon, New York
U.S.A.

This report was posted on Ripoff Report on 03/08/2008 06:05 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cash4gold/nationwide/cash4gold-why-you-shouldnt-use-cash4gold-cash4goldcom-nationwide-315927. 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. READ: Foreign websites steal our content

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