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Beware: Rogue San Diego Gold Buyers

November 30, 2011 by Administrator · Leave a Comment 

Gold-Buyers Beware: Rogue San Diego Gold BuyersKTVU News has produced a special report investigating the increase in rogue (illegal) gold buyers operating in the Bay Area, which is putting consumers at risk. According to the KTVU report, rogue gold buyers can cheat customers out of a fair cash payment for gold, while fueling local gold jewelry thefts. Read more

Record Gold Prices – Be Careful Where You Sell Gold Jewelry in San Diego

August 18, 2011 by Administrator · Leave a Comment 

Where to Sell GoldWith record gold prices above $1750 an ounce, more and more people in Southern California are selling gold jewelry to cash in on the gold rush. But when you sell gold, you need to be careful in choosing your gold buyer. WBNS TV in Ohio has published some useful information regarding how to sell gold. In a recent consumer report, they write: Read more

New Website: Sell Gold San Diego!

April 25, 2011 by Administrator · Leave a Comment 

san-diego-sell-gold-refinery New Website: Sell Gold San Diego!Southern California gold refinery and gold buyer Sell Gold San Diego has launched a new website. Located at Sell-Gold-San-Diego.com, the site is part of the company’s new online outreach to Californians who want to sell gold for cash. Read more

Sell Gold San Diego Saturdays

April 25, 2011 by Administrator · Leave a Comment 

Sell-Gold-San-Diego1 Sell Gold San Diego SaturdaysSan Diego Jewelry Buyers (SDJB), Southern California’s most prominent gold buyer and gold refinery, has announced a special promotion called “San Diego Sell Gold Saturdays.” On every Saturday until the end of May, SDJB will offer a 10% in-store discount to anyone who sells its gold buyers $500 or more worth of gold. “You can sell gold jewelry. Sell gold coins. Read more

Recycled Gold & Eco-friendly Jewelry

March 21, 2011 by Administrator · Leave a Comment 

San Diego Gold RefineryJewelry designer Geralyn Sheridan, of AicoraGems “Jewelry Box” Gallery in Philadelphia, PA is known for her eco-friendly jewelry featuring recycled gold and silver. According to a report by NewsReview.com, Sheridan’s “Two Joined as One” wedding ring, which she created for a customer Read more

Is Selling Gold at a San Diego Gold Party a Good Idea?

February 25, 2011 by Administrator · Leave a Comment 

San Diego Gold Party & PartiesIf you are thinking about throwing a San Diego gold party or selling your old gold jewelry at a gold party of one of your friends, you might want to think again. For starters, most San Diego gold parties are illegal. Over the years several individuals have been caught buying and selling gold at illegal San Diego gold parties.

For example, back in 2009 JCK reported about how two retail jewelers in Watsonville, CA, were facing misdemeanor charges for allegedly purchasing used gold jewelry without proper licensing or crime-prevention procedures. This story about illegal San Diego gold parties was covered in the Register-Pajaronian newspaper.

Both of these jewelers were ordered to appear in court to answer for their failure to comply with state and city standards, said the newspaper. One of the gold buyers acknowledged having bought jewelry for over a dozen years, unaware that in addition to a business license, state law requires jewellers/gold buyers to have a second-hand or pawn license in order to buy used goods like scrap gold and gold jewelry.

The crackdown on illegal gold parties in California began in late 2007, when police say a series of complaints prompted them to issue a warning letter to all jewelry dealers and launch an undercover investigation.

Police sent a letter to 25 merchants, advising them of the licensing law and their need to comply with it if they were buying or pawning gold items, said the newspaper. The crackdown served to educate local businesses about laws known as the California Business and Professions Code and the city’s obligation to uphold them.

Outside the fact that most San Diego gold parties are illegal, you also won’t get the most money for you scrap gold at a gold party of one of your friends. Why? Because there are too many people involved who all need to make a profit. Rather than selling your gold at a San Diego gold party, you are better off selling your gold to a buyer that is both a gold refinery and an expert jeweler.

Not all gold refineries are the same. Some of the big nationally advertised gold buyers who are gold refineries have been exposed as paying the lowest amounts for your gold jewelry, while other gold refineries aren’t really refineries at all but ship the gold they buy to out-of-state refineries. However, San Diego Jewelry Buyers is unique in that they operate a local San Diego gold refinery and are expert fine jewelers to boot. They therefore pay the high cash amounts for scrap gold as well as high-end diamond jewelry which never should be melted down.

When selling your gold to a San Diego gold refinery or other kind of local gold buyer, make sure that you research who they are and how they do business.

How to Sell Gold & Avoid San Diego Gold Buyer Scams

December 3, 2010 by Administrator · Leave a Comment 

If you want to sell gold or diamond jewelry to a San Diego buyer of used gift assets, then the following media special reports can help you make a more informed decision. There are many gold scams around these days, with unscrupulous gold buyers and other businesses trying to take advantage of the public. Don’t get caught in one of these scams. They are easy to identify if you just take the time to learn their tricks. Likewise, an ethical San Diego gold jewelry buyer or gold refinery is also easy to spot if you know what signs and behavior to look for. After watching the following videos and reading the tips here at the San Diego Luxury Pawn Shop Report, you should be confident that you can avoid getting caught in a San Diego scam when selling your scrap gold, gold rings, and other gold jewelry.

In this video, reporter Sasha Foo of KUSI TV interviews Carl Blackburn of San Diego Jewelry Buyers. Blackburn, an internationally recognized fine jewelry designer and prominent buyer of precious gift assets in San Diego, gives San Diegans advice on how to avoid gold scams. Ms. Foo also discusses the problems that have been documented by the Better Business Bureau when it comes to mailing in your gold to a nationally advertised gold buyer. She also emphasizes how consumers should not sell gemstone gold jewelry to just any gold buyer but one who specializes in buying second-hand jewelry set with diamonds or other precious gemstones.

The CBS Early Show tackles the issue of how to sell your gold without getting scammed in this special report that should be viewed by anyone who wants to sell gold in San Diego. Conducted by correspondent Susan Koeppen, the report mentions how thousands of people around the country have lodged complaints with the Better Business Bureau and State Consumer Affairs Departments. They investigate the allegations of rip offs by trying to sell a gold ring to three different kinds of buyers: a mail-in company, a gold party, and a local gold buyer in New York City. The results are very informative. Note that in this video that gold was selling at over $900 an ounce, which was driving more people to cashing in their gold. Today, the price is over $1300 an ounce, sending even more people into the offices of San Diego gold buyers or posting their gold to a mail-in gold buyer. But not all gold buyers are the same, as this report shows well.

In this WBAL TV report the news team investigates whether you can really make big bucks when selling used gold jewelry. The hidden camera investigation of gold buyers in Maryland shows that, like in San Diego, it all depends on who you ask. Choosing the best gold buyer in whatever area you live could mean a difference of hundreds of dollars. Not surprisingly, the team discovers that the best offer comes from a local luxury pawnbroker that specializes in buying fine jewelry, while the lowest offer comes from a mail-in gold company. The key advice here is to know exactly what you’re selling before looking for a gold buyer.

For more tips on how to sell gold in San Diego and how to choose the best buyer for your diamonds, designer handbags, Rolex watches, and other luxury gift assets, please check out the San Diego Luxury Pawn Shop Report links below. Better knowledge means making better decisions and getting more of the cash you deserve.

Sell My Gold? Who is the Best San Diego Gold Buyer?

December 2, 2010 by Administrator · Leave a Comment 

Where is the best place to sell gold in San Diego?If you are looking to sell gold in San Diego, there are many places from which to choose. Which gold buyer is the best? Well, the answer to that question depends on different factors. But when deciding who is the best gold buyer for you, there are some specific questions that you should be asking.

The first question to ask a potential gold buyer in San Diego is how are they weighing the scrap gold, gold jewelry, and other gold gift assets that they buy. Are they weighing these products in grams, or are they weighing them in pennyweights?

The best gold buyers in San Diego weigh customer gold in grams. The reason for this is because when a gold refinery, jewelry store, or dedicated jewelry buyer weighs products in pennyweights rather than grams, this benefits them rather than you, the gold seller. Whoever you do business with, make sure that they weigh your items in grams (in front of you) and calculate their buying offer on the gram weight of your gold.

The next question you want to ask your San Diego gold buyer is how much they are paying for 14 karat or 18 karat gold today. They should tell you in a very simple and straightforward fashion what they are paying per gram for that particular karat weight. Beware of buyers who say what today’s gold price is, not what they are paying per gram. Some buyers deceptively tell customers the price that they are selling gold at, rather than what they are buying it at, in order to lure them into their stores.

If the gold that you are looking to sell is set with diamonds and gemstones, then you want to avoid selling it to a San Diego gold refinery who just buys gold to melt it down or at a San Diego gold party, whose buyer doesn’t have the expertise to evaluate the worth of pre-owned diamonds, rubies, sapphires, and other precious gemstones. Ask whichever buyer you are considering doing business with whether they pay extra for diamonds and gemstones. The best San Diego gold buyers always will pay more when the jewelry is set with precious stones that are significantly sized and of high quality.

In similar fashion, you want to be especially careful when selling designer gold jewelry. Once again, most buyers at California gold refineries or San Diego gold parties do not know how to assess the extra worth of branded jewelry. You want to ask the gold buyer if they pay extra for high branded jewelry and to name a few examples of these jewelry brands. This actually is a good question to ask even if you aren’t actually selling designer gold jewelry, because a positive answer will help show you the gold buyer’s level of professionalism. In addition, you might have an old vintage piece of gold jewelry that doesn’t look branded to you but could be worth a premium price.

When choosing a San Diego gold buyer, you also want to know something about their history. So, ask them how long they have been in the gold buying business and what is their background in the fine jewelry industry. There are a lot of gold scams and fly-by-night gold buying businesses that are looking to make a quick buck preying on uninformed folks who need to sell gold fast to cover some bills. The gold jewelry buyer you work with should certainly be in the gold buying business for over a year and have well-documented evidence of working in the jewelry industry for five or more years. In other words, selling your gold for the best price in San Diego means selling it to a professional buyer with a provable track record.

Speaking of track records, this leads us to another important aspect of choosing the best gold buyer. Be sure to ask whether the company has any complaints filed against it with the San Diego Better Business Bureau. Your gold buyer should have either no complaints filed against it or no more than a couple complaints due to misunderstandings which were successfully resolved and documented by the BBB. If the buyer has multiple unresolved complaints filed against it, this is a red flag.

Lastly, if you are going to sell gold in San Diego, ask the dedicated gold jewelry buyer, gold refinery, or jewelry store whether they are going to pay you cash for your gold or by check. For most transactions, you should be paid cash on the spot for your merchandise. But if you are selling a large amount of gold, it is okay to accept a cashier’s check, as long as the buyer is operating out of a bricks and mortar store in San Diego, and the business has been in operation for over a year.

San Diego Gold Refinery & Gold Buyer Reports Increased Gold Recycling

August 31, 2009 by Administrator · Leave a Comment 

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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. Read more

Gold Buying Parties

March 25, 2009 by Administrator · Leave a Comment 

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National Jeweler reports that the tough economic times, in combination with high metal prices, have people around the country gathering at gold parties to sell their old gold jewelry.

Folks in the media have been comparing the gold-buying parties to recession-era Tupperware parties, resulting in cash for participants, who are choosing to clean out their jewelry boxes as the price of gold rises above $900 an ounce.

According to news reports, the parties begin with guests bringing unwanted jewelry, watches and coins to a host’s house. The host, with the help of companies that are mining the trend like MyGoldParty.com, the Gold Refinery and Nassau Buyers, then tests the gold content and weighs the items, and pays out a certain percentage to guests based on the price of gold that day.

A percentage also goes to the party host, the party representative and the refinery that eventually ends up with the gold and melts it down, according to news reports. In addition to much-needed money, the parties also provide a safe haven, and a social outlet, for consumers looking to cash in on high gold prices but unsure about entering a jewelry store.

According to an Associated Press report of a gold-buying party held in Granby, Conn., one participant said, “It’s terrific because it’s a little bit intimidating to think about walking into the jewelry store, even though they may be heavily advertising it, and, you know, to someone that you don’t know and turning over your valuables to them.”

While gold parties can indeed be fun, San Diego consumers should be aware that the buying offers you get at such parties will most likely be less than at a reputable San Diego gold buyer, since the person who is throwing the party is taking a percentage off the top, which means less cash in your pocket.

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If you decide that a gold buying party isn’t for you and you plan on approaching a San Diego gold buyer with your gold jewelry, then you want to be prepared. Before going to a potential buyer, read this article: 7 Questions to Ask Your Gold Buyer

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