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Help with scrap gold?

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Date: 4/29/2010 1:28:22 PM
Author: Hest88
A friend of a friend recently sold a lot of gold at a Chinatown jeweler. I''d only go that route, though, if you had a Chinese friend who who can help negotiate. This person bargained hard with the jeweler but got a nice price.

Thanks Hest for your idea - unfortunately, no chinese speaking friend to negotiate
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Date: 4/29/2010 5:47:26 PM
Author: MC
Date: 4/29/2010 11:20:44 AM

Author: arjunajane

Thanks DF - I will go by 90% of melt, based off the calc''s you showed me. At least I can go in sounding like I know what I''m on about
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Cheers VR - I did read that in the past, but will go back over it..I think my problem is the lack of places to sell here. There are literally 2 or 3 pawnshops (that I can find) in the whole city, that aren''t one of these franchise chain rip-offs
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ah well - I may shop it around to a few jewellers, see what arises.



Thanks all for the input! I will update if I get a good result or not.
Just a bit of info. . .I didn''t go to a pawn shop, per say. I mean it IS one, but not like the corner store one. It is located in one of the upper-class cities near Seattle. I figured the more expensive areas might lead to higher pay. The amount of gold I had was a tad under 100 grams.


The guy commented on my DBTY platinum pendant and I told him it was custom made (by a local jeweler he recognized the name of) and he said it probably cost $4K to make! They totally up the price on stuff to justify selling for so much less than ''actual'' retail price because I sure didn''t pay that much for it!


Thanks MC..
ya, this is the issues presented when living in such a small city sometimes - not much variety/competition! What would be considered the "high class" suburbs, would never have a pawnshop here. Just very over-priced jewellers
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ah well - perhaps I will leave the side diamonds in the mount and list it on ebay, or D. bistro or something..
 
Date: 5/1/2010 8:31:08 AM
Author: hawaiianorangetree
Date: 4/29/2010 6:07:17 AM

Author: arjunajane




thanks hawaiin - I did see those guys too, I''m guessing they will be not very fair, like cashies and those kiosks etc..btw, I called a cash converters near me and the really unhelpful 18yo old guy said ''I don''t know, we give like a couple bucks'' when I asked per gram for 18k....thaaankss...


Let me know if your dad knows of any decent pawn shops - it seems to be a completely missing profession here!
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I do remember one place I went when I was younger, there was a small one-man operation in an tiny office upstairs from the Hay st mall, and he gave very fair prices.

But for the life of me I can not recall anything that would lead me to him..
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Any one know if jewellers are an option?(mum n pop type B&M''s)..

I spoke to my dad and he said the Perth mint, i didn''t call them but as far as i can tell from their website they only buy bullion and coins. Not scrap.


I had a look in the quokka and there were a few people in the wanted section. I rang a man from Gosnells and he was pretty rude. Wouldn''t tell me anything except that i had to bring the gold in. Another stated ''best prices in Perth'' and they will send someone out to you to give you a price, he was a little more helpful. I asked if they gave a percentage of the daily spot price and he said no. He said they would weigh what i had and give a price.
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Maybe there is no where in Perth that would give a decent price like in the US, i will keep looking though, I don''t like not knowing the answer to something!

Thanks hawaiian for the update!
Ya, I seriously doubt the mint would talk to you unless its rare/collectible/pure or a very large amount, would you agree?

I didn''t think of the quokka (for other readers this is a trading post
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), I may look into that too...let me know if you have success with any of those guys.

I am starting to think the same - although it wouldn''t surprise me, considering how dysfunctional the rest of the industry is here, lol..
I am thinking it may be worth to send to someone like GOG or D Atlas in the states, even with shipping etc considered..

Well, I will update here for you if I make a move on that idea.
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