Do you get what your gold is worth with Cash4Gold.com?

I, like many, have thought about selling my old jewelry. Particularly the gold stuff, since the price of gold is high (now dropping, so sell now or wait until the next spike) people expect to get a few hundred bucks for a handful of gold jewelry. Cash4Gold.com has TV commercials playing many times a day. I do not have a local jeweler that I would go to, to sell my gold so something like Cash4Gold.com appealed to me. However after watching an episode of Inside Edition (Don't quote me on the shows name, I am pretty sure that is the one them) I am glad I never sent my gold away to them.

The TV show had two jewelers verify the amount of gold that was in their decoy jewelry. It was over $1000.00 bucks worth. An Undercover reporter went into many jewelry stores to "get offers" for their gold. The stores offered from $700 to $1200. The best store offer was only a few hundred dollars below the actual value.

However, the shocker was the LOW offer made by Cash4Gold.com. It was around $300. When the reporter refused the offer (which is something you can do when you send your gold to them), they doubled the offer. It was still the lowest in the bunch. Cash4Gold.com's reasoning was their "gold measuring machines" could more accurately measure the amount of gold in the jewelry.

I have now abandoned my plans on sending anything there. Of course, I do not trust jewelers either. I wish I could measure it myself before sending away/attempting to sell gold jewelry. That way I would know if the offer was good or not. Not knowing if I would be ripped off is the main reason I did not send away for my "postage-paid envelope" from Cash4Gold.com.

I wonder how much stolen jewelry gets sent to Cash4Gold.com.


If you still want to give Cash4Gold.com a try there is a few things you should know.

First, you have to be 21(+). Read the paragraph in quotations below, this is from Cash4Gold.com. It explains that they do not pay you for gemstones other then small diamonds.

“Cash4Gold purchases second hand jewelry for refining, not for resale. Prices are based solely on the weight and karat grade contained in the jewelry, not on its potential value if resold intact. For this reason, the company cannot pay for gemstones in the jewelry other than small diamonds. If you wish to sell your fine jewelry, such as estate pieces, diamonds over 1 carat and fine time pieces, you can obtain a quote on possible value by contacting our affiliated website, theestatebuyer.com.”

If you have a piece of jewelry that has gemstones and the other options for selling it are not for you, you can still send them. Just take out the gemstones first. You may be able to sell those loose gemstones to a local jeweler or online.


Another part of Cash4Gold.com’s terms and conditions you should acquaint yourself with is the “Limitation of Liability”. In their TV commercials they talk about how the envelope they send you to send in the jewelry is insured. This section gives you the details.

“Cash4Gold's liability is and shall be expressly and specifically limited to the LEAST of the following sums:
1. The liquidation value placed on the total contents by Cash4Gold in Cash4Gold's sole discretion.
2. One-third (1/3) of the appraised value of the contents according to an appraisal submitted by a customer/seller to Cash4Gold, which appraisal was issued prior to the shipment of the item to Cash4Gold; and,
3. The sum of One Hundred ($100.00) Dollars.”

That is not good insurance. And, there is no way around it. If you know your items are worth more then $100 you be S.O.L if your Pak gets “lost”. Cash4Gold.com recommends that you insure your Pak with the Carrier at your expense. I doubt if many people do that, or even know that should. You can get an appraisal before sending the items, however if you want the amount of the appraisal to be used in the event of your Pak being lost/stolen/etc… you must send the appraisal to Cash4Gold.com before retuning the Pak. Without an prior appraisal your are limited to $100. The way the “Limitation of Liability” is worded it seems you would have a hard time getting anymore then $100 even if you have a prior appraisal.

You have ten days from the date on the “offer check” to contact Cash4Gold.com if you do not want to accept their offer or have changed your mind.
When you ship you Pak to Cash4Gold.com you are agreeing to ALL Terms and Conditions set forth by Cash4Gold.com (read all on Cash4Gold.com)



Company Address:
1701 Blount Rd | Pompano Beach, FL 33069
Customer Service - 1-800-241-1811
Hours Monday - Friday
9am - 5pm EST




If you have used Cash4Gold.com, let us know what you thought about it. Was your offer good? Do you think you got ripped off?