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Cash 4 Gold Review - Paid 18% of Gold Value

By Michael Zielinski

My wife and I recently sent some items to Cash 4 Gold, a company that allows you to send jewelry or other items with gold content in exchange for a prompt cash payment. The company has become somewhat well known following some mainstream media coverage, a Super Bowl ad, and extensive internet advertising.

First, some background about the items we sent. My wife had a number of broken or unwanted gold jewelry items. This consisted of some broken bracelets and a few single earrings. We brought the items to a number of jewelers who provided similar offers for the larger items. There were four single earrings that none of the jewelers wanted to purchase because of the low gold content and small size. Some jewelers told us that these items were basically worthless.

Because I had always been curious about Cash 4 Gold, I decided that these items would be ideal for an experiment. The process for sending our items to them was simple. We filled out a form online and a few days later received a "Refiner's Return Pak." We put our items in the pack and sent it back to Cash4Gold in the postage paid mailing envelope. Our expectations were not very high, but we were curious to see how much we would receive.

About a week later we received a check in the amount of $3.22. The check also included a description of the items we sent and a calculation of the price paid for each. A scan of the check and descriptions appears below. Click for a larger image.

Continued - http://news.coinupdate.com/cash-4-gold-review-paid-18-of-gol...

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Sweet deal. Historical note:

Sweet deal.

Historical note: A pennyweight, or 1/20 troy ounce, was the equivalent silver weight of an old British penny in real pounds sterling. Today that penny's worth of silver would be worth 73 cents US.

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