Where to part with your gold...

Selling

Just stay away from all the shops that have popped up buying gold. Its like anything else do you research and sell to someone you trust.
 
Could someone that does business with ARA please PM me with your name so I can get a reference and send my gold in?
Thanks.
BB
 
I'm not talking market value at the moment. I mean precious metals ARE real money. Not Federal reserve notes that will be worth nothing in the future.
If all fails, our Gov't will re-take control over your gold like days of old.
Not to say don't hold some in reserve, just saying the powers make the laws and if you have to put some aside to have later, you probably are not in with the crowd that will be replenishing theirs with yours.
 
Interesting reading for me but, the only gold I have is my wedding ring!:laughing:

Yes, I'm still married and think she'll notice!:roll:
 
Need a reference for ARA

Could someone that does business with ARA please PM me with your name so I can get a reference and send my gold in? That is if they still require one.


:lol:Thanks.
 
Reference for ARA?

Nothing on their website says you need a reference. They do require an application and supposedly it has to come from a "business" that meets certain Patriot Act requirements. Not sure how anyone sending in MD finds would meet the required qualifications.

http://www.aragold.com/refinery-customer-application.html

In their FAQ's they mention they need a tax ID number from any customer but there is no place on the Application where one is asked for.

Any comments from current users of ARA?
 
Thumbs up to Midwest refineries. Sent off my metal Monday and had a check on Saturday, No hassles at all.
 
Dont Part With Your Gold Or Silver

Unless you can retire off the transaction.

IMHO gold and silver will always have value even if federal reserve notes don't.

Hang on to the real money for a rainy day. :ewink:

HH
 
What's the secret then to knowing you have not been ripped off by the gold buyer when you receive your check? I assume the answer is you need to weigh all of your gold before shipment so you'll have a good idea on how large the check should be.

I know some people here have posted stories of being treated fairly on a sale or two then not receiving a fair check on a later sale. I wonder if it's possible that someone at the company has managed to steal some of your gold & that's why you get a short check after being treated fairly in the past? When the gold packages that are sent in by customers are opened up there must certainly be some sort of internal security there to prevent employees from opening a package, sticking some gold in their pockets & weighing the rest for you. Those people are certainly being monitored, possibly on video, etc. However, where there's a will, there's a way. Maybe, it's somehow getting stolen by employees. I used to work in security at a watch factory & the alarm would go off that watches were missing off the assembly line. We would round up all the employees from that assembly line, search them with metal detectors & we would never find the missing watches. They also went through metal detectors as they walked out the door & never found the watches. I heard some rumors on how they were doing it, like removing the watch band, throwing it away & sliding the watch into their lunch thermos but we never caught them. My point being, we watched those people like hawks & I only caught one guy stealing a watch red handed and the rest were never caught. If one of those gold companies treats you fairly twice in a row then rips you off the third time then I think an employee stole some of your gold.
 
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I just thought I'd share my recent experience with ARA. For giggles I brought my booty to the mall gold buyer who had a high BBB rating and was quoted 350 for all my gold and all my silver. I had a chuckle and went home. I was a little scared sending stuff to ARA but I figured there was no better option. According to my math and testing, ARA came in a little light on the gold, but I was not using the best of equipment so I can't be too overly critical. ARA came in at 723 on the gold and 150 on the silver. This was maybe 100 dollars less than I was calculating but I am extremely pleased! They where the nicest people to deal with on the phone and payed me nearly 3 times what the mall folks where going to pay. All I can say is ARA ALL THE WAY!
 
I found ebay to be one of the best, not the cheapest, you lose about 10 to 12% but you get the ability to check out prices paid, you get around spot for scrap and if you start the auction at about 10pm east coast you get the most coverage for finishing times covering most U.S places at a reasonable time (i usually do 10pm east sunday nights finish).

Some on youtube have offerred to melt your stuff down but some quote 50% cost which is diabolical...for that kind of deal youd be better off buying your own mini smelter and doing it yourself ($600 app).

I prefer to just box it up in small tuperwear and mark it off as 9k, 10k, 14k, sterling, pure silver, etc.

When it comes time to sell then i have a good idea of weight, and have pictures of every piece as well as when and where i found/bought/received it.

You dont want to have to explain why you have a mitt full of gold your trying to sell off to some local policeman with no information on it
 
Ara!

Just got a check from ARA....paid 98%. Turnaround was about 12 days. Simply print their forms, fill them out, explain you're a MD'er and heard about them from Friendly. No fuss, no muss, no tax ID required, no problems.
 
Is there anywhere that takes plated gold and silver? I figure not, since the recovery costs are so high, but just thought I'd ask.
 
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