Cash for Gold in Berkley, MI Closed now

Reviews about Cash for Gold

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  February 16, 2020, by Robert Davis
  Be VERY careful dealing with this company. They are less than honorable and deceptive, despite their broad marketing. EXAMPLE: If you are selling gold coins, and in particular, Krugerrands (in wide circulation), they will tell you that they are not worth spot price. This is a flat out lie. They will try to pay you ~$100 less, per ounce, than you will find at other shops. REMEMBER: 1 ounce gold coins, regardless of the form, is still 1 ounce of gold. This is important to remember as a majority, if not all, of the gold 'Cash for Gold' purchases is resold to refiners who melt it all down, coins and all, and turn it into ingots and shot. This is then sold back into the cartel or to manufacturers. That is their business model. I can not address how they deal with gold jewelry, but if you are selling coins, go elsewhere if you want full value.