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Gold Testing Scam - 14K, 10K, 18K, How They Can Cheat Beware

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Uploaded by on Jan 27, 2012

When selling gold or silver beware. Have your own gold testing kit. We all make mistakes but we try to limit them. A few ways you can get burnt when selling or buying gold. http://Pickersinc.com

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Uploader Comments (PickersInc11)

  • You sound like the kind of person who can handle it. It just takes time and pick your buyer as you would your highest paying customer for a special item they like. You can do it. Jack

  • Thanks so much for the tips and to swatch out for who I can sell my gold to. I have been testing mine and watching the prices on the Internet. Thanks for the heads up. I will make sure I pick the right person to sell it to.

  • @TheVintageDiaries thank you so much for the comment - Jack

  • @TheVintageDiaries the price someone pays for gold varies depending on the gold, 10k 14K or whatever, sometimes it is 8k - but you will get between 50% & 80% as a rule - when prospecting I could get 90 and 95% sometimes, and if in a nugget form would get 3 or 4 times spot. Nuggets are a whole different story. When selling shop around and find some one that makes you the best offer.

  • Uprated.

  • @CuteCatFaith thank you so much - jack here

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All Comments (16)

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  • I told several pieces to several shops. Only one was truly honest with me. I think the cure would be to have a man go for me instead.

  • Wow, here I was worried about their rounding down, rather than up, with the k's. Glad I am still holding on to mine. I need to find a guy to sell mine for me. I know my weights, and values. But, worry about some shady character taking advantage of what he thinks is my feme side.

  • @TheSilverguy79 You sound sharp to me. Bet you know a lot about buying & selling gold & precious metals, we just have to be careful - thanks for your comment -- Jack

  • @Mrfdsa1 - good point - jack

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