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San Diego Gold Refinery & Gold Buyer Reports Increased Gold Recycling

August 31, 2009 by Administrator 

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San Diego Jewelry Buyers (SDJB), San Diego County’s leading buyer of used gold jewelry, diamonds, and timepieces, is reporting a significant increase in its gold refinery service since launching its “green gold” project four months ago. Carl Blackburn, co-owner of SDJB, reports that not only are more San Diegans recycling their gold by selling their old gold jewelry, scrap gold, and other gold items to be melted down into eco-friendly gold bars, more and more San Diego jewelers are buying SDJB’s green gold to make handcrafted fine jewelry.

“We are trying to create a win-win situation for the entire San Diego community when it comes to selling used gold,” says Blackburn. “We are widely recognized as paying top dollar for our customers’ gold, as well as for our green gold refinery operation, which means gold sellers walk out of our offices with more cash in their pocket while also feeling good about the transaction, having contributed to the increased availability of eco-friendly recycled gold jewelry.”

According to San Diego Jewelry Buyers, its gold refining process does not significantly add to the cost of creating fine jewelry. The company reports that it currently sells its recycled gold at 5% above the current market price for gold. Jewelry artisans who buy this gold will often then adjust their labor costs accordingly so that no increase in retail price occurs, while others slightly increase their sales prices by only one to two percent.

SDJB’s commitment to fair and transparent business practices has paid off with increased trust and recognition within the San Diego community. The company, along with Carl Blackburn, was recently featured in an investigative consumer report on gold buyers conducted by KUSI News, where reporter Sasha Foo identified San Diego Jewelry Buyers as one of the city’s good gold buyers and sought Blackburn’s advice regarding what consumers should keep in mind when selling their gold.

SDJB’s gold refining and gold buying office is located in the Jewelers Exchange Building in downtown San Diego. To learn more, visit: San-Diego-Gold-Refinery.com

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