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Whether you've got old gold hand-me-downs from relatives, or gold items that are too broken or outdated to wear anymore, there's never been a better time to sell your gold for cash. Market prices are high - and who doesn't want some extra money in their pocket, for paying off bills or for that long-awaited vacation?
How does it work? With most services, it's simple: you provide your information and get a shipping kit or label from the company, send in your items, and wait for them to give you an offer for the cash value of your gold. Accept the offer, and get your money - usually via PayPal or check in the mail.
Friday, July 1st
Cash for Gold USA pays cash for anything that contains platinum, silver or gold - including dental scrap, traditional jewelry, gold solder, and much more. Since their inception in 2005, they've paid out over $160 million to more than 300,000 total customers - making them one of the largest online gold buyers in the world.
If you want a quick online appraisal, Cash for Gold USA provides a convenient Gold Calculator right on their website. Simply enter the weight of your gold item and select its purity (such as 14K, or 24K), and the calculator will show you an estimated value. You can use this same calculator to estimate any Silver or Diamonds that you'd like to sell as well (Cash for Gold USA will pay for those too). While this is a valuable (and fun) tool, remember that your actual offer can only be made after one of their technicians inspects your item, and may differ from this online estimate.
The process of working with Cash for Gold USA is very simple:
Automatic insurance coverage
Right away, we noticed that Cash for Gold USA offers automatic insurance coverage up to $5,000 when you ship via FedEx. That's great to know, and should cover most people's items. Sure, the average person isn't going to need that much protection, but are you sure that the watch, ring, or pendant you found buried in your great-grandmother's jewelry box isn't worth quite a bit more than the $200 in insurance you'll get with some other providers? And if you need more, you can even insure your parcel for up to $100,000.
Get your money within 24 hours
If you decide to accept the offer and sell your items, you can receive payment in whichever way is most convenient to you - traditional check, bank wire, or paypal. If you choose an electronic form of payment, you can even have your money within 24 hours. Alternatively, if you reject their offer, your items will be shipped back to you at no cost.
Fox News investigation proves high payouts
A few years ago, a FOX News television station conducted an undercover investigation of online gold buying companies. They discovered that Cash for Gold USA paid out 3 times more than their closest competitor - you can even watch the entire television report right on the website. This is more independent evidence that Cash for Gold USA offers great value to their customers.
More features we like
Cash for Gold USA offers a number of other features we really like, including:
Precious metal refining
The parent company of Cash for Gold USA is CJ Environmental, an accredited BBB member that holds an "A+" rating with the BBB. Interestingly, CJ Environmental is a precious metal refining company. Since 1875 they have been refining gold, silver, platinum, and palladium for both the public and private sectors. In addition to these metals, they also pay for diamonds and electronic scrap.
Cash for Gold USA is a reliable company that offers their customers great value for their gold. They have a quick turnaround for both appraisals and payments, a price match guarantee, and guaranteed shipment tracking to protect your valuables. If you want to earn some extra money by selling your unused gold jewelry, Cash for Gold USA should be at the top of your list.
When choosing a cash for gold service, there are probably several criteria you have in mind: trustworthiness, simplicity, and better-than-average payment amounts. You'll find all of that and much more with Express Gold Cash.
Free insurance coverage up to $5,000
Your Appraisal Kit is automatically covered for a generous $5,000. If you need more coverage than that, Express Gold Cash offers higher coverage levels up to $100,000. Either way, no matter how much your items wind up being worth, you can rest easy knowing they're protected.
The rest of the process with Express Gold Cash is fairly standard:
Want to have a little fun? Go to the Recent Payouts / How Much Is Gold Worth page on the site and scroll down. You'll find images of many items that were sold to Express Gold Cash - and exactly how much was paid for them. That little 18k charm floating around in your jewelry box? It might be worth $144. How about a gold dental bridge? One of those brought in $186 to its lucky (former) owner. You might just be inspired to start looking a little harder through your storage units and dusty boxes in the closet to see what you could turn into some spending money!
Best price match
Express Gold Cash also has the best price match we've found. If you get an offer from a national online competitor, not only will this provider match it, they'll also pay you an extra 10% (or pay you an extra $100 for anything valued at $1,000 or more).
For many people, the real question is "Can they be trusted?" With thousands of positive reviews on Trustpilot and an "A+" rating from the BBB, we think the answer for Express Gold Cash is a resounding "yes". They have an astonishing zero customer complaints with the BBB in the last 3 years. Those who have used this company to sell their gold say that the process was very smooth, payment was extremely quick, and that the amount paid was more than fair. We also saw numerous comments that Express Gold Cash paid far more than what people were offered at local jewelers and pawn shops.
Why drive all over town hoping for a good offer on your unwanted gold when you can get your money fast and easy from Express Gold Cash? They're a strong choice when it comes to selling your gold online, and they earn very high marks in our review.
The creators of GoldFellow, Robin and Michael Gusky, have a long "gold pedigree", with 30 years of experience in manufacturing and distributing karat gold jewelry prior to opening their cash for gold service. This company wants to do everything possible to earn your trust, giving you a safe, convenient, secure way to sell gold, platinum, silver and diamonds for great payouts.
You won't find many surprises with GoldFellow's process for exchanging your valuables for cash:
Insured up to $2,500
GoldFellow gives you free insurance coverage up to $2,500. That's not the most coverage we've ever seen offered, but it should cover the majority of customers who want to get cash for gold on basic jewelry and other items around the home.
Real time estimate
We really enjoy the idea of being able to get an estimate for our gold items - earrings, necklaces, rings, watches, and so on - right on the GoldFellow website in real time. Unfortunately, that feature was down for maintenance during our most recent visit, but we encourage you to give it a try when you use the site. You'll find it on the main page under "See What We Pay For Gold".
Positive customer reviews
You'll find plenty of praise from customers who got cash for gold using GoldFellow. In addition to their accreditation and "A+" rating by the BBB, this company gets a perfect 5-star rating across several third-party review platforms. People describe fair prices, friendly employees, and a well-documented, professional process all around.
We think that speaks for itself: GoldFellow is one of the best cash for gold options you'll find. If you want to know that your items are in good hands from start to finish, and that you'll get top dollar for your jewelry, you won't want to overlook everything GoldFellow has to offer.
US Gold Buyers is a licensed and insured company based out of Boca Raton, FL that enjoys accreditation and an "A+" rating from the Better Business Bureau. Choosing a company to trust when you're trying to get cash for gold can feel scary, so it's always a big plus when a service has that kind of positive reputation. Across hundreds of customer reviews, US Gold Buyers had an almost flawless rating of 4.9 out of 5 stars.
Now that we've established that this company can be trusted to provide excellent service, let's consider their process for selling your gold and getting paid. Like most services, it's easy to do, and this company offers one of the fastest payout plans available today:
Insured up to $25,000
US Gold Buyers includes free insurance up to $25,000 on every package. That's quite a bit higher than many of the cash for gold providers we evaluated. On the other hand, this company doesn't offer any price matching, and it took a lot of digging around on the site to confirm that US Gold Buyers will ship your items back free of charge if you decide not to accept their offer. We also noticed that their site claimed an "A" rating from the BBB, even though they had a perfect "A+" at the time of our most recent visit. That left us wondering if there was anything else on the US Gold Buyers site that hadn't been updated (like their payout chart!).
Worth a look
All of that aside, US Gold Buyers offers enough benefits to be worth looking at among companies that give cash for gold, like their higher insurance coverage and their solid positive reputation with previous customers. You have many options to choose from when selling your gold and other items, and this is a reliable service.
Have you spotted a Cash for Gold coupon in your Valpak mailer? As part of United Jewelry Buyers, this company advertises heavily throughout the US and is licensed, bonded and insured.
Steps to follow
Here's what you'll need to do to use Cash for Gold's service:
Note that you'll have to certify that you're over the age of 21 to be eligible for the Cash for Gold service.
Down the rabbit hole
What kind of reputation does Cash for Gold have? The answer isn't as straightforward as we would have liked to see. Follow us down the rabbit hole and you'll understand why. Cash for Gold is the rebranding name of United Jewelry Buyers, which you can see at the bottom of the Cash for Gold site. But, when you search for information on UJB, it comes up empty. Looking at the Cash for Gold "About Us" page, you'll find that the business is owned by Dave Sackadorf, whose original company is Vienna Jewelry. Still with us? Finally, searching for a BBB listing for Vienna Jewelry led us to one for Kieko, Inc. - whose owner is given as the very same Dave Sackadorf. Whew!
We were pleased to see that Kieko, Inc. had an "A+" from the BBB over 21+ years in business. However, that doesn't effectively tell us how the Cash for Gold enterprise measures up - because if it took us that much research to find the BBB listing, we don't think the chances are very good that the average customer with a complaint would be able to find it and submit their concerns. Still, everything we turned up about Vienna Jewelry as a local brick-and-mortar business conveyed an impression of good customer service, so it seems reasonable to think that Cash for Gold is continuing that tradition.
Middle of the pack
Overall, Cash for Gold seems to be a reputable place to sell your gold items. There were a number of customer testimonials on their website, though we prefer to see third-party verified reviews to ensure that a company is trustworthy. Because of the challenges of getting information specifically about Cash for Gold (and not just Vienna Jewelry or Kieko, Inc.), we can only put this service in the middle of the pack when compared with their competition.
Cash 4 Gold calls themselves "the original online jewelry buyer". With more than one million payments made, that sounds about right. This service offers a price match guarantee with nationally-televised buyers (so we're not sure how that lines up when considering online competitors), and a 10-day risk-free guarantee if you change your mind and want to return the payout amount.
Simple steps to follow
To send in your gold, the process is pretty straightforward:
Insurance only up to $100
Cash 4 Gold doesn't offer much insurance: only "up to $100 of prepaid insurance" for whatever you send in. So, if you have no idea how much your gold is worth, you could be insured for far less than its value. That's a risky proposition, especially for customers new to the cash for gold experience. Sure, you will get an automatic cash bonus of $00 if your items are valued at $250 or higher - but they won't cover the insurance for that value. Doesn't seem like a great idea, does it? Alternately, you can pay for a higher level of insurance coverage out of your own pocket.
We were glad to see that Cash 4 Gold improved their reputation with the Better Business Bureau since our last review, from a "C" to a "B-". That's not a huge jump, but it shows movement in the right direction. There were no complaints registered over the 12 months prior to this most recent visit, which IS significant progress. (In our last review, there were more than 300 complaints!)
But, with many cash for gold services available today with a much stronger reputation, it's hard to be convinced that Cash 4 Gold should be anyone's first choice. We hope to see continued improvements in their BBB rating in the future, which would bring Cash 4 Gold higher in our rankings as well.
If you don't like the offer, you can decline the payment and get your items returned to you. The best cash for gold businesses insure your items both ways, so you're protected if anything happens to your package during delivery to the company or while in route back to you (if you choose not to take the money). Selling gold in this way takes away the hassle of trying to find a service locally: you don't even have to leave your house to package up your jewelry and other items and send it off!
As you decide which online service to use to sell your gold, be careful: many services have names that are extremely similar - "Cash for Gold", "Cash4Gold", and so on - but they can vary widely in terms of reputation and reliability. We've taken the guesswork out of the "name game" in our evaluation of each business, so consider these criteria carefully as you read through our reviews:
TopConsumerReviews.com has reviewed and ranked the best cash for gold companies on the market today. We hope this information helps you choose a service to get top dollar for selling your gold items right away!
With gold prices at an all-time high many people are selling broken, outdated and unwanted gold jewelry, coins, dental work and dinnerware for a nice profit. For those that are considering selling their expensive valuables understanding the process is key to feeling comfortable and in control during the process.
Where to Sell?
You have many options when it comes to selling your gold. A local pawn shop will typically buy gold with the intent to resell. Most of the time the pawn shop will not give you the best value as they have an overabundance of jewelry for sale. Another option your local jewelry shop. Most jewelers will buy gold with the intent to sell to another broker, in the chain, for a profit. Occasionally they may resell your nice jewelry but it depends on each item. Jewelry stores have a store front, expensive employees and inventory to maintain, so their price may not always be the most competitive. Another option is a company that specializes in gold buying. Most of these companies offer their services via the internet. We've found that dealing with online companies often provides the highest payout as well as the best convenience.
Sending Your Valuables
If you decide to go with an online gold buying company most of the quality companies will provide their customers an insured, express delivery envelope that you will place your items in. Typically you are asked to itemize each gold piece to identify and track for your benefit and theirs once the package is received. An insured envelope gives you the comfort that should your package get lost or stolen you will be reimbursed.
Receipt and Analysis
Once your package is received the company will begin analyzing the value of your gold. The analysis will determine the weight and karat value of each item to help calculate how much they will be willing to pay you. Companies with a higher level of customer service will often email you to notify you they have received the contents of the delivery and what stage they are in. Once they have a quoted value for you they will either notify you via phone, email or online access. Some companies won't provide as much communication and will simply send a check for the value.
Should you decline their offer to buy your gold you will often notify that company again via phone, email or online access depending on who you are dealing with. Some companies require you return their check to get your valuables back. If you decline the offer you will receive your gold valuables in an insured envelope with no cost to you.
The overall gold selling process typically only takes a few days from start to finish. Some companies offer options to wire the funds to your bank account direct - if you find yourself in a hurry. Choose a customer friendly company that has a good reputation as well as frequent communication.
Select any 2 Sites to Sell Gold to compare them head to head
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