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<p>[QUOTE="clembo, post: 512112, member: 8033"]We buy it at the shop I work in as well. Of course a shop has to make money but what these people pay is a joke. Couple that with the fact that those sending it in have NO clue in so many cases.</p><p>At least in a real setting you are watching the buyer inspect it. We buy by weight and karat. If it's got really good resale potential you get more.</p><p><br /></p><p>A jeweler that we do business with sent some "junk" in to one of these places knowing full well what it was worth. The offer was ridiculous of course so he declined. HE received a small lump of gold back NOT what he had sent in.</p><p>No karat marking or mention of purity. So what does one do? Cut it in half and acid test it? Sure a jeweler can do that or with better tools get a good read on it. How many average people have this available or even know it can be done?</p><p><br /></p><p>I'd love to see these people banned from TV but since there's "one born every minute" it will continue.[/QUOTE]</p><p><br /></p>
[QUOTE="clembo, post: 512112, member: 8033"]We buy it at the shop I work in as well. Of course a shop has to make money but what these people pay is a joke. Couple that with the fact that those sending it in have NO clue in so many cases. At least in a real setting you are watching the buyer inspect it. We buy by weight and karat. If it's got really good resale potential you get more. A jeweler that we do business with sent some "junk" in to one of these places knowing full well what it was worth. The offer was ridiculous of course so he declined. HE received a small lump of gold back NOT what he had sent in. No karat marking or mention of purity. So what does one do? Cut it in half and acid test it? Sure a jeweler can do that or with better tools get a good read on it. How many average people have this available or even know it can be done? I'd love to see these people banned from TV but since there's "one born every minute" it will continue.[/QUOTE]
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