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Tuesday, October 5, 2010

Cash for Gold – Be Careful When Selling Gold

Do those TV or road advertisements have you contemplating trading in your gold jewelry for cash?

Seller beware.

There are reports of people sending in hundreds of dollars worth of items only to receive a check for a trivial amount – sometimes even less than $1. While many of these companies guarantee satisfaction, some are reported to have practices in place to make the process as difficult as possible for the seller in hope they simply give up trying to recoup the submitted items.



Sellers should exert caution when dealing with mail-in gold evaluation services, or traveling auctions and buyers; if things go awry, it may be difficult to track down and get items back.
 
Before you trade in your valuables for cash review the tips and information below from the Better Business Bureau.