Gold Investment Index Page

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Main Page
Krugerrands
Krugerrand Information
Krugerrands For Sale
Sovereigns
Sovereign Information Sovereigns For Sale
Year 2000 Sovereigns
Gold Bars
Bars Information
Bars For Sale
Half Sovereigns
Half Sovereign Information
Half Sovereigns For Sale
Year 2000 Half Sovereigns
About Us
Our Selling Terms
Order Form UK
Order Form USA

Misleading Adverts

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.

Stop Press We Will Buy Your Gold For Cash
Beat The Credit Crunch
So reads the wording of this advert, running almost every night in our local paper.

"Simply bring us your unwanted gold jewellery even if it's broken or has no hallmark and we will buy it from you!
Blackpool
Hounds Hill
Shopping Centre
Unit Located
by Clinton Cards
Open every day
(Except Sunday)
Guardian Jewellery Co (Liverpool telephone number)
With over 50 units nationwide we are the UK's foremost buyer of second hand jewellery."

Impressive or What?
When we read this, we were quite impressed that this company had a 50 strong chain of shops, and wondered why we had never heard of them before.
One of our staff said she had been in the Hounds Hill Shopping Centre recently and nearly fallen over laughing. There was an Indian or other Asian man sitting at a fold-up booth in one of the corridors.
She was amazed and surprised that anybody would want to hand over or receive cash in such a public place because of the security risk.

How Much?
Like many such adverts, which seem to be appearing in rashes and ever growing numbers, this buyer fails to indicate any guideline buying prices. We strongly suspect that their buying prices will be low in comparison to the actual intrinsic value of the gold they buy. A local dealer, who sells us his scrap told us recently that he had seen a box of gold jewellery which a fellow dealer (not Guardian Jewellery) had recently bought for £100 from an old couple, which was worth over £1,000 for its gold content alone.
Perhaps we are being slightly harsh on this advertiser, but for most advert like this that we see, the buyers only pay a low price, obviously that's why they are so keen to operate so many "units".

Cash Paid?
It's probably a sad reflection on the times and the state of our nation, that whenever we see people advertising to pay cash, we suspect the worst!

Actual Prices
One of our staff asked at one of the 50 units, and was told they were paying £3 per gram for hallmarked 9 carat gold, and £2.50 for unhallmarked. These prices are only about half the price we pay, and yet the booth had a queue of potential sellers (=suckers).

Our (Chard's) Advice
Shop around, ask how much per gram or ounce a dealer is paying, find out what your item weighs, and don't sell it too cheap.
At Chard, we pay around 85% to 95% depending on quantity, hallmarking, and recent gold price fluctuations.

Scrap Gold Selling Advice
Our simple advice about selling scrap gold jewellery in the UK and elsewhere. Avoid get ripped off.

Any Quantity
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.

International Buyers
We also frequently buy gold coins from many other countries. There is no import duty or tax on entry to the UK for most gold coins or bars.

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

We Buy Scrap Gold

We Will Buy Your Gold For Cash
We Will Buy Your Gold For Cash

 


"Tax Free Gold" website is owned and operated by Chard (1964) Limited
32 - 36 Harrowside, Blackpool, Lancashire, FY4 1RJ, England. Telephone (44) - (0) 1253 - 343081; Fax 408058;
E-mail: Contact Us  The URL for our main page is: taxfreegold.co.uk

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