Henrietta
  • Report: #315927

Complaint Review: Cash4Gold

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  • Submitted: Sat, March 08, 2008
  • Updated: Sun, December 23, 2012

  • Reported By:Beacon New York
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: http://www.ripoffreport.com/r/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.

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