We notice a large number of adverts relating to gold, or coins, investment, jewellery, or scrap, which are rather misleading with errors, inaccuracies.
We don't have time to list them all, but here is a small selection:-
Cash for Gold - London Prices Paid
A spurious advert from a minor local competitor, A & B Holloway and J & L Carr, but rather misleading with errors, inaccuracies, and untruths in it, not to mention bullshit.
Top London Prices Paid for Scrap Gold
Almost meaningless, and almost anonymous leaflet.
Buying Notice - Timeless Jewellery of Lytham
The Value of Gold has Soared to its Highest Level Ever (May 2009) - Shame they don't seem to know it was over $1,000 in March 2008! Ignorant or dishonest?
Pot of Gold Found - Gold is at a Record High
Another ignorant or dishonest jeweller.
- Guardian Jewellery Co - We Will Buy Your Gold For Cash
According to a local newspaper colour advert, this jeweller has 50 units nationwide & the UK's foremost buyer of second hand jewellery.
- J & L Carr Cash for Gold
A brown envelope arrived with a spurious advert from a Blackpool & St. Annes jeweller, 'Cash for Gold London Prices Paid' .
£100 Per Ounce Paid for Scrap 9 Carat Gold
This was a long time ago, but still worth reading about.
Gold & Silver Roadshow Cash for Gold Regal Hotel Cleveleys
They are back! Years after selling our of their scrap gold, coins, and jewellery businesses, under various names, we find them advertising in our local paper. We strongly suspect they will be offering rip-off prices.
We Will Buy Your Gold and Silver For Cash!
Gold and Silver Bullion Acquisitions. Two day hotel event.
- MyGoldSold.co.uk Laughably Stupid Claim to Pay 30% More for Gold than any UK Buyer
It's hard to believe anybody would make such a ridiculous claim and expect to be believed!
- Golden Cash (goldencash.co.uk)
"We are paying 110% of your gold value".
- Money 4 Gold (money4gold.co.uk)
Money4Gold Official Site Receive 30% More Cash For Your Gold We'll Also Double Any Higher Offer!
- Gold 2 Pounds (gold2pounds.com)
Get An Extra 20% For Your Items When You Post Your Pack in 48hrs!
- UK Cash 4 Gold (uk.cash4gold.com)
Cash 4 Gold - #1 Buyer We Pay Up To 60% More Than Our TV Advertised Competitors. Free Kit!
- Bullion Buying Ltd t/a CashMyGold.co.uk
ASA Adjudication on Bullion Buying Ltd
The Advertising Standards Authority upheld two of three complaints about Bullion Buying Ltd t/a CashMyGold.co.uk
Page to follow.
Have Money4Gold Stolen Your Gold?
More to follow.
- International Coin Collectors Association (I.C.C.A.)
We happened to see a press release about an outfit calling itself The International Coin Collectors Association, which didn't quite ring true. The same company also uses at least 10 other trading names.
- Treasure Hunters Roadshow
Another name used by ICCA, a.k.a. T.H.R. Associates.
- Selling Gold Jewellery David Smith (sellinggoldjewellery.co.uk) & Misleading Websites
Beware phony advice sites purporting to independently test UK gold buyers. Selling Gold Jewellery David Smith (sellinggoldjewellery.co.uk) of London lists another of his own sites best without disclosing the conflict of interest.
- Gold Refiners (goldrefiners.co.uk)
Top buyer according to Selling Gold Jewellery David Smith (sellinggoldjewellery.co.uk), but highly dubious as both sites are registered to the same address.
- Money for Gold (money4gold.co.uk) Garry Bryant
One of the biggest scrap gold TV advertisers was money4gold.co.uk, Garry Bryant. Money for Gold actually offer some of the lowest prices anywhere.
Roadshow Gold and Silver Cash Buyers
Every day of every week, there are travelling buyers of gold, silver, coins, jewellery, at hotels, or door-to-door in the U.K. and elsewhere. They usually pay poor prices despite top price claims.
Most of these fail to specify the actual prices they pay.
We detail an example from the U.S.A., where a big company from Illinois has around 55 teams travelling the country, hosting buying events, paying out about $60 million per annum, but using misleading adverts made to look like news items, and paying anything but top prices, often only 1/3rd of the real value, sometimes less.
Media Misinformation About Coins Including Gold Coins
Just a small selection of the erroneous and misleading press comments and news items about coins in general, and gold coins in particular.
Many "news" items turn out to be nothing more than barely disguised press releases which the newspaper or website then simply serves up as editorial, often with minimal editing, and very little thought.
The problem with this approach is that many people still believe what they read in newspapers, which often mean the gullible and stupid get conned and ripped off yet again.
Our Conclusions and Advice
Over more than 40 years in this business, we have seen a stream of similar cash buyers, advertisers, and leafleteers, most of whom pay low prices. We would recommend that any potential seller shops round a little. If you are not satisfied by the price you can get locally, you could always post it or bring it to us, and will almost certainly get a better price than from your local jewellers and dealers.
We are happy to buy any quantity of scrap, from a single piece upwards, without limit.
If you have a large quantity of gold scrap to sell, we will accept your instructions on price, or offer you helpful advice on selling. We are one of the longest established and largest gold buyers in Britain.
Fair and Competitive Prices
Our buying prices for gold coins, bars and scrap are fair and competitive, but depend and change based on underlying gold prices, and other market conditions such as supply and demand.
Sending Gold Scrap by Post
You are welcome to visit our showroom to sell scrap, but it's also very easy to sell to us using the post. We have a page of advice about sending gold coins and scrap by post.
We suggest you bring ID if visiting our showroom.
Gold Selling Form
You may wish to print out our form to help make it easy for you to list goods you are posting to us for sale or offer.
We Buy Gold Coins
We Buy Krugerrands
We Buy Gold Sovereigns
We Buy Gold Bars
Cash for Gold - London Prices Paid
Buying Notice - Timeless Jewellery