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Who pays the most for gold? Who pays the most for gold?
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Old 01-18-2013, 08:22 PM   #1
Diomed
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Who pays the most for gold?
Just curious,

got a big gold wrist chain weighing in at an ounce from when I was a teenager who was a wannabe gangster. I fucking laugh at the thing now.

I know the standard pay for most pawn shops is 50% of the melt value.. Which leaves me to think this might be a business worth getting into if you can access a refinery.

Anyone ever dabble in this area?
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Old 01-18-2013, 08:23 PM   #2
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how much u want for it
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Old 01-18-2013, 08:45 PM   #3
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i can get you probably 90%+ of current gold value.
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Old 01-18-2013, 09:10 PM   #4
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Conspiracy theorists?

Oh sorry, that's aluminum foil...
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Old 01-18-2013, 09:31 PM   #5
keysync
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I found a womans class ring in a storage locker.
The local pawn shop offered $16.00
The local jewelry shop offered $61.00

Jewelry shop won.
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Old 01-18-2013, 09:37 PM   #6
Diomed
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Originally Posted by keysync View Post
I found a womans class ring in a storage locker.
The local pawn shop offered $16.00
The local jewelry shop offered $61.00

Jewelry shop won.
Ouch.

I know there are quite a few entrepreneurs here.. Surely someone has thought about going into this business before? I know there are a lot of people who buy gold and silver here.

Supz.. how would you get 90% of melt value?
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Old 01-18-2013, 10:16 PM   #7
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I own a shop like that and have for yrs
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Old 01-18-2013, 10:37 PM   #8
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I own a shop like that and have for yrs
Clever indeed,

I knew it was a profitable.. but not this profitable.
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Old 01-18-2013, 11:14 PM   #9
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Ouch.

I know there are quite a few entrepreneurs here.. Surely someone has thought about going into this business before? I know there are a lot of people who buy gold and silver here.

Supz.. how would you get 90% of melt value?
I know someone who buys gold for a living.
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Old 01-18-2013, 11:29 PM   #10
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Clever indeed,

I knew it was a profitable.. but not this profitable.
Regular mark up apx 100% I have to hold it for 21 days to clear the police books, then you doubled your money
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Old 01-19-2013, 04:03 AM   #11
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I buy gold all the time, but u r probably way for from me
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Old 01-19-2013, 07:55 AM   #12
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I buy for 90% to 93% no problem.
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