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A cash for gold company is a simple concept. If you have unwanted, old, or broken gold jewelry that you no longer need, a cash for gold company will purchase your items.
Cash for Gold companies vary greatly in the amount they'll offer for your gold, turnaround time, and satisfaction guarantees. TopConsumerReviews.com reviews and ranks the best cash for gold companies available today.
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Cash for gold companies provide a great opportunity for just about anyone to make money with their unwanted gold and jewelry. Simply enough, you send in your old, broken or outdated jewelry and receive cash in return.
All companies vary in their process and policies when selling your gold. Those that offer the best communication and most transparent information let you feel in charge and be comfortable with your transaction. They also tend to pay more for the gold they buy from you. Those with fewer steps may result in more rejected offers and extra time spent selling your jewelry.
When choosing a cash for gold company, you need to be sure and consider some important aspects:
• Insurance. Will your gold items arrive fully insured and protected, should something occur in transit?
• BBB Rating. What is the Better Business Bureau rating of the company? A cash for gold company with a low rating or numerous complaints should be well avoided.
• Guarantee. Should you not be satisfied with the cash value that you're offered, can you return the payment? How long do you have to do so?
TopConsumerReviews.com has reviewed and ranked the best cash for gold companies available today. We hope you find this information helpful in selling your gold items today!
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Better Business Bureau Rating:
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A+
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Express Gold Cash is a family-owned and operated business. They have over 10 years experience in the precious metals business provide you top dollar for your gold. Their exceptional commitment to customer service is evident in their Better Business Bureau rating of A+.
The Express Gold Cash website lays out a lot of information but it's easy to find what you're looking for. All packages are
insured for up to $5,000 to reduce any worry. Express Gold Cash buys gold, silver, platinum and diamonds. In the event you change your mind, you have 30 days to notify them and return your payment. Express Gold Cash will even return your items with $20 cash if you aren't satisfied.
The purchase process is well laid out at Express Gold Cash:
1) Request a pack and receive a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Once they receive your package, Express Gold Cash will email you to let you know that your items have arrived safely.
3) Express Gold Cash will test and weigh the jewelry and calculate a total value for the entire package.
4) Within 24 hours you'll receive an email with the gold cash value.
5) You can receive the cash value payment via check, Paypal or direct deposit.
6) In the event you change your mind, you have 30 days to return the check and receive your jewelry back free of charge.
We loved the commitment to customer service at Express Gold
Cash. Their willingness to pay you $20 if you're not satisfied with your transaction exceeded our expectations and stands alone in the industry. If you're looking for quick turnaround and top dollar for your gold items, you'll find Express Gold Cash a great company to work with.
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Better Business Bureau Rating:
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A+
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In the jewelry business since 1977, the Gold Fellow founders have worked hard to earn and maintain an exceptional Better Business Bureau rating of A+. Along with strong customer satisfaction, Gold Fellow provides a clean, easy to follow process and a website that works well to keep you informed.
Gold Fellow does a very good job of buying gold, platinum, silver, vermeil and diamonds 1/4 carat or larger. All packages are insured for $1,000 by Gold Fellow reducing any worry that something could occur in transit. We also appreciated the Goldview system at Gold Fellow that allows customers to see the value of each item. This specific information is helpful in determining
if you want to accept the cash settlement or not.
The overall process is very straightforward at Gold Fellow:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Upon receipt of the package Gold Fellow will test and weigh the jewelry and post a written cash settlement for each item on the website.
3) Gold Fellow will notify you via email and a phone call that it's time to review the cash value.
4) The customer elects to decline or accept the offer on line within 24 hours.
5) Receive a payment via check, Paypal or a wire direct to your account (for $10 fee).
6) In the event you change you mind you have 10 days to return the payment and receive your jewelry back free of charge.
Gold Fellow brought us comfort in their methods of handling our jewelry. The processing turnaround is quick, yet we felt in control with the Goldview system. If you're considering selling your gold or jewelry, Gold Fellow is a great choice.
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Better Business Bureau Rating:
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A-
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In the business of buying and selling gold for over 50 years, the owners of Cash for Gold Co are not new to the market. Cash For Gold Co does a good job of pleasing the customer and delivering as promised. They currently maintain a BBB rating of A- with no recorded complaints as of our review.
Cash For Gold Co focuses on only buying gold but has sister sites that buy silver and diamonds. This may present some limitations to those that are looking to sell jewelry of varying metals and materials.
All packages are insured for up to $1000 if you use their Securepak.
When selling your gold at Cash For Gold Co you may expect the following process:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free.
2) Upon receipt of your package Cash For Gold Co will test and weigh the jewelry and determine a cash value.
3) Receive payment via check using first class mail or Paypal.
4) In the event you change your mind you have 12 days to return the payment and receive your jewelry back free of charge.
Cash For Gold Co has a good customer reputation but lacked some of the communication and steps in the cash buying process we appreciated at the higher ranked companies. They also segregate their diamond and silver buying companies and that may not be as efficient for some.
If you're looking for a strong cash for gold company and don't wish to review the cash value before a check is cut and aren't in a hurry, Cash For Gold Co may be an option worth pursuing.
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Better Business Bureau Rating:
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A-
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Sell Your Gold is a company recognized by the BBB as an A- business. Incorporated in 2008, Sell Your Gold maintains several gold buying websites. They have received 0 complaints by the BBB and have a slightly lower score only as the result of a shorter period of time in business than those with higher ratings. Sell Your Gold is a Florida based company and became better known when
NBC's Today Show named them as making the highest payout in their study of Gold Cash companies.
Sell Your Gold buys gold, platinum, and silver and insures deliveries up to $1000. The website has much fewer bells and whistles but the basic information is there to answer most of your questions. We had to look harder and longer and finally found most of our information in the FAQ section.
The gold buying process at Sell Your Gold is as such:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Upon receipt of the package, Sell Your Gold will test and weigh the jewelry and post an offer on the website for 24 hours.
3) If you elect to accept the offer you will receive your payment via check, Paypal or a wire transfer to your account.
4) In the event you change you mind you have 10 days to return the check and receive your jewelry back free of charge.
While we appreciated the solid BBB rating and the positive results of the Today's Show study we would have liked to have had information more easily accessible on the website. But, overall, the idea of getting a higher payout from Sell Your Gold may be very favorable to some and definitely worth considering.
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Better Business Bureau Rating:
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A+
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Gold Stash for Cash is an Arizona based company that has been incorporated since 2007. With a current BBB rating of A+ they have a history of pleasing customers. Gold Stash for Cash also has several locations across the US to assist with buying your gold in person or providing gold parties at your home.
Dave Ramsey's face is all over the website which may lead some customers to assume Gold Stash is both reputable and a good financial decision. We would have liked to have access to more information about the history and background of Gold Stash but were unable to find that on the website.
Gold Stash for Cash buys gold, platinum, silver and diamonds. If you feel you may have something of value you are free to send to Gold Stash for Cash for review. Packages are sent with up to $1000 of insurance should something occur.
The gold buying process at Gold Stash for Cash is as such:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Upon receipt of the package the value will be identified and anything that can't be purchased will be returned to the seller free of charge.
3) Either a check or wire will be issued for the full amount.
4) In the event you change you mind you have 14 days to return the check and receive your jewelry back free of charge. But, if you received a wire payment you have waved your right to return.
Gold Stash for Cash comes with a solid background but we would have liked to have seen more information on the website. We also preferred those higher ranked companies providing the details of the cash value and allowing us to make a decision prior to receiving payment. However, the 14 day return policy was a definite bonus over some.
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Better Business Bureau Rating:
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A-
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Gold-Cash is a family-owned business that has been in the jewelry industry for over 75 years. They have a well laid out website that's easy to navigate and full of helpful information. Gold-Cash owners are members of the Jewelers Vigilance Committee and are licensed and insured to trade gold. They also have several store locations in New York under The Gold Standard name and currently
have an A- rating by the BBB.
Upon our investigation we were disappointed to see that Gold-Cash had labeled themselves as BBB accredited but that did not match the BBB website. We attempted to contact Gold-Cash four times but were told it was a BBB issue and our additional emails for clarification went unanswered. This quickly downgraded Gold-Cash in our minds and made us wonder if other false information was
present on the website.
Gold-Cash buys gold, silver, platinum, diamonds, watches and estate jewelry. Packages are insured by Gold-Cash and the process of turning your gold into cash is easy to follow on the website.
The gold buying process at Gold-Cash is customer friendly:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Upon receipt of your jewelry Gold-Cash will identify the value of the gold and send an email outlining the cash value.
3) You may accept or decline the offer via email. If you decline, jewelry is returned free of charge. If you accept you select the payment method of Paypal, wire transfer, or check.
4) This is the only site that provides no grace period for you to change your mind. Should you accept the payment you will not be given the chance to return the check.
Gold-Cash has a solid reputation and a good website. It was unfortunate that they were unwilling to discuss their BBB status. We also would have liked to seen a grace period should someone change
their mind on their jewelry sale.
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Better Business Bureau Rating:
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C
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Cash for Gold USA buys gold, silver and platinum pieces from consumers. Our immediate response to the website was "busy" with a lot of pictures, colors and information present. The website boasts having the highest pay outs but we thought that may be questionable with 46 reported BBB complaints as of the time of review.
Despite the noisy website we eventually located the Cash for Gold USA gold buying process and that shipments are sent insured for $1000. The website also quotes some vague payout numbers historically made but are were based on items weighing half a pound or more and is unreasonable for most of us to have jewelry weighing that much.
The gold buying process at Cash for Gold USA is not complicated:
1) Request a FedEx shipping label, instructions and packaging sent to your home for free. Or you may print all the necessary documents at home to expedite the process.
2) Upon receipt of your precious metal items Cash for Gold USA will identify their cash value.
3) Once the value is accessed Cash for Gold USA will send a check or make payment through Paypal if you so choose.
4) Jewelry is held for 14 days from the date of the check to allow you to change your mind. Should you change your mind you may return the check and receive your jewelry back free of charge.
The only bit of excitement at Cash for Gold USA is the unfavorable current BBB C rating and the report of numerous complaints. Despite the busy website and no frill process we were most unhappy with the BBB's long list of complaints. If you are looking to sell your gold we recommend you choose a much higher rated company with happier customers.
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Better Business Bureau Rating:
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C
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Cash4Gold is headquartered in Pompano Beach, Florida and currently employees 300 staff. In business since 2007 we were unpleasantly surprised to find 365 BBB complaints to date.
The landing page of Cash4Gold provides little to no information. You simply have the opportunity to complete the request for a free jewelry return pack. However you may read the fine details of the Terms and Conditions agreement to learn how the process works.
Unlike other sites, Cash4Gold only insures jewelry for $100 or $500 should something occur. In the event Cash4Gold rejects your shipment the package will be returned with no insurance. We're assuming this has to have generated several of the BBB complaints that have occurred in a short period of time. Cash4Gold buys gold, silver and platinum.
The gold buying process at Cash4Gold includes:
1) Request customers request online or via phone a Jewelry Return Pack that is sent to their home or business.
2) Upon receipt, the company will test all items to assess their value and weight.
3) Once the value of the jewelry is established, the company promptly mails out a check to the customer or makes direct deposit to their account.
4) If for any reason a customer is not satisfied with the cash value offer they must contact the company within 12 days of the date of the check for their jewelry back free of charge.
Based on the number of company complaints, lack of helpful tools, and a website lacking user friendly information we would choose a higher ranked cash for gold company.
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Better Business Bureau Rating:
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F
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The Cash For My Old Gold website provided no history behind the company. We identified that the company is located in Michigan but could not determine for how long. Additional research on the BBB website provided little details as they are not able to verify the company either. However, we did identify that Cash for My Old Gold has the lowest BBB rating of an F which is a big red
flag.
Cash For My Old Gold buys gold, silver, platinum and diamonds. The website information was not completely forth coming on the process and we were unable to confirm that jewelry is sent insured.
The gold buying process at Cash For My Old Gold includes:
1) Request online or via phone a Jewelry Return Pack that is sent to their home or business.
2) After receipt and appraisal of your jewelry Cash for My Old Gold will issue a check or send money via direct deposit.
3) If you are unsatisfied with the cash value you must call or email the company within 10 days and return the check with a post date within the same time period for your jewelry back. Customers receiving direct deposit have waved their right to a return.
We assume that most won't be interested in doing business with a company with an F rating but also didn't appreciate the lack of communication, no emails and no online review of their appraisal to consider them a company worth trying.
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Cash for Gold in the News
THE MANAGER of a town centre shop was barricade inside a toilet while two robbers stole a substantial amount of cash and jewellery.
Publ.Date : Wed, 16 May 2012 16:27:20 -0700
(Updates prices, adds quotes) * U.S. futures, cash gold at lowest since December * Coming Up: U.S. Build permits: change mm Apr; 1230 GMT SINGAPORE, May 16 (Reuters) - Gold extended losses onWednesday ...
Publ.Date : Tue, 15 May 2012 18:48:54 -0700
Someone reportedly smashed in the back door window of a home on the 400 block of Burnett Ferry Road on Tuesday and stole jewelry and $1,300 in cash, according to a Rome police report. According to ...
Publ.Date : Wed, 16 May 2012 09:31:56 -0700
DAR ES SALAAM (Reuters) - Tanzania's gold production rose to 40.4 tonnes in 2011 from 35.6 tonnes a year ago after mining companies invested in higher output due to cash in on the rising price of the precious metal, its central bank said on Tuesday. The east African state, Africa's fourth largest gold miner behind South Africa, Ghana and Mali, said exports earnings surged 47 percent to $2.226 ...
Publ.Date : Wed, 16 May 2012 06:11:24 -0700
(Reuters) - Brigus Gold Corp reported 30 percent rise in quarterly profit on higher gold prices, an increase in production and lower costs, and said it expects cash costs to be lower in the year. The company, which owns Black Fox mine and mill in the Timmins Gold District of Ontario, Canada, expects cash costs to decline to between $775 and $825 per ounce in 2012 from $958 last year. They will ...
Publ.Date : Tue, 15 May 2012 05:08:44 -0700
LEGITIMATE CASH- FOR-GOLD DEALERS unanimously support Government?s decision to introduce new legislation to curb the crime associated with the industry.
Publ.Date : Sun, 13 May 2012 21:13:59 -0700
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