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-   -   Who pays the most for gold? (https://gfy.com/showthread.php?t=1096832)

Diomed 01-18-2013 08:22 PM

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?

2013 01-18-2013 08:23 PM

how much u want for it

Supz 01-18-2013 08:45 PM

i can get you probably 90%+ of current gold value.

Webmaster Advertising 01-18-2013 09:10 PM

Conspiracy theorists?

Oh sorry, that's aluminum foil...

keysync 01-18-2013 09:31 PM

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.

Diomed 01-18-2013 09:37 PM

Quote:

Originally Posted by keysync (Post 19432524)
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?

JFK 01-18-2013 10:16 PM

I own a shop like that and have for yrs:thumbsup

Diomed 01-18-2013 10:37 PM

Quote:

Originally Posted by JFK (Post 19432546)
I own a shop like that and have for yrs:thumbsup

Clever indeed,

I knew it was a profitable.. but not this profitable.

Supz 01-18-2013 11:14 PM

Quote:

Originally Posted by Diomed (Post 19432528)
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.

JFK 01-18-2013 11:29 PM

Quote:

Originally Posted by Diomed (Post 19432559)
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 :winkwink:

Lykos 01-19-2013 04:03 AM

I buy gold all the time, but u r probably way for from me:(

Penny24Seven 01-19-2013 07:55 AM

I buy for 90% to 93% no problem.


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