Ever since the price of gold has climbed to record highs, new
buyers have cropped up all over the Internet and on TV. At the same
time, many long-time buyers have increased their TV and e-mail
advertising in order to 'stand out' from the competition. All these
messages can be somewhat confusing. Which buyers really pat the most and
pay the fastest? Which companies can you trust to honor their offers
and provide safety for your property during the transaction? These are
all fair questions that you need answers to before you choose which
buyer to send your gold to for a cash payout.
Unresolved complaints tell an important story
There are numerous ways available for you to 'check out' any prospective gold buyer in advance. One good way is to enter the buyer's company name into your web browser followed by the word complaints e.g. (ABC Gold Buyers - Complaints). You will be taken to listings of such complaints on websites such as "Rip Off Report.com", "Complaints Board.com" and many others. Take a little time to scroll through these and acquaint yourself with those buyers that have multiple unresolved complaints.
The complaints you will find will detail a myriad of problems including: Unreasonably small payments compared to actual value; slow payment; no payment at all; bounced checks; and no communication with the seller to resolve stated problems. If the buyer you are considering appears prominently, my advice is that you look elsewhere.
Gold buyer reviews can save you a lot of time
During the past year or so, several websites have been published on the Internet that do the investigative work for you. These independent review sites will select three to five (or more) gold buyers and look into their unresolved complaints; how high a percentage of current actual gold value they pay to sellers; how quickly sellers receive their payments; how reliable they are - and much more. Once the investigations have been completed, the review site will rank the buyers they have investigated based upon their findings and make a recommendation or endorsement.
If your time for the thorough investigation of gold buyers is limited, I strongly recommend that you utilize a review site to help you make an informed decision about who to sell your gold to. They will help you to quickly find out those buyers that should be avoided by a knowledgeable seller of broken or unwanted gold jewelry. And by the way, most buyers will also purchase your silver and platinum items as well.
Unresolved complaints tell an important story
There are numerous ways available for you to 'check out' any prospective gold buyer in advance. One good way is to enter the buyer's company name into your web browser followed by the word complaints e.g. (ABC Gold Buyers - Complaints). You will be taken to listings of such complaints on websites such as "Rip Off Report.com", "Complaints Board.com" and many others. Take a little time to scroll through these and acquaint yourself with those buyers that have multiple unresolved complaints.
The complaints you will find will detail a myriad of problems including: Unreasonably small payments compared to actual value; slow payment; no payment at all; bounced checks; and no communication with the seller to resolve stated problems. If the buyer you are considering appears prominently, my advice is that you look elsewhere.
Gold buyer reviews can save you a lot of time
During the past year or so, several websites have been published on the Internet that do the investigative work for you. These independent review sites will select three to five (or more) gold buyers and look into their unresolved complaints; how high a percentage of current actual gold value they pay to sellers; how quickly sellers receive their payments; how reliable they are - and much more. Once the investigations have been completed, the review site will rank the buyers they have investigated based upon their findings and make a recommendation or endorsement.
If your time for the thorough investigation of gold buyers is limited, I strongly recommend that you utilize a review site to help you make an informed decision about who to sell your gold to. They will help you to quickly find out those buyers that should be avoided by a knowledgeable seller of broken or unwanted gold jewelry. And by the way, most buyers will also purchase your silver and platinum items as well.
