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Cash4Gold (also known as Cash4Gold.com) is the gold refinery division of AlbarPrecious Metal Refining, based in Pompano Beach Florida. Despite its name,Cash4Gold also accepts precious metals other than gold - including silver andplatinum.About Cash4Gold.comFamous for its recent TV commercials and infomercials, Cash4Gold is the nation'sleading precious metals refiner, earning a place on Entrepreneur Magazine's Hot500 list of growing companies in 2007. Since it was founded, Cash4Gold hasfulfilled over 50,000 transactions and paid millions of dollars to customerssending in their old, broken or unwanted jewelry.How Cash For Gold Companies WorkCompanies that pay cash for gold, including Cash4Gold.com, pay the current marketvalue of the gold or metal once it is melted down. In weak economic times thevalue of precious metals remains strong so turning unwanted gold chains, oldjewelry broken necklaces or earrings is a viable and completely legal money-makingoption.The Refining ProcessCash4Gold.com maintains its own in-company refinery. All gold material ischemically refined and processed and a new silver processing facility canchemically refine up to 40,000 ounces of fine silver per day, in addition to thethousands of pounds of gold that pass through the furnaces, ovens and chemicaltreatment facilities. The refining process, materials and equipment have exceededall local and federal emission requirements.How Your Gold is ValuedGold is currently selling between $850 to $930 per ounce. However, the amountthat you receive for the gold you send to Cash4Gold.com will vary based on itsquality, karats and its value once the item is melted. The Cash4Gold.com websitehas a current "gold value" chart, however the prices on it should only be viewedas an estimate and not a firm offer of what you will receive since the value ofyour gold depends on several factors noted above.Selling to Third PartiesMany people believe that the only way to get the most money for their jewelry isto sell it to a pawn shop or other third party. However, what they often don'trealize is that once the item is sold, the third party takes a larger portion ofthe amount than the individual expected.Cash4Gold.com owns and operates its own refinery, so there are no third partiesinvolved. The company's main selling point in its advertisements and infomercialsis to assist people in getting money for their gold by giving them a postage-paid,insured packet.The Gold Kit: "Refiner's Return Pak"This "Refiner's Return Pak" is like a Gold Kit. You simply add your unwanted, oldor broken jewelry - including necklaces, rings, earrings, and any other items madeof gold, silver or platinum and ship them free to Cash4Gold. The "Gold Kit"packet is insured and sealed to prevent loss, theft or damage. You can track yourpackage's progress to the Cash4Gold refinery online using the company's "Track the
Pak" feature.Individuals wishing to sell their gold for money can also use their own packagingif they don't want to wait for the official "Refiner's Return Pak", however theGold Kit return packet is recommended as it is made from heavy-duty DuPont Tyvek™material to protect against rips and tears.Insuring the Contents of the PackageThe Cash4Gold packet is insured for up to $100. If you believe the amount of thejewelry you're including within the packet is more than this amount, you arestrongly encouraged to add your own insurance to the packet up to the amountestimated to help further prevent loss, damage or theft.Getting Cash for GoldOnce your items are received, Cash4Gold will contact you with a price to buy yourunwanted jewelry. This estimate is based on the melted value of the preciousmetals after refining. If the price is agreed to, Cash4Gold will mail out a checkpromptly for the agreed-upon amount. If you don't agree with Cash4Gold'sappraisal of your jewelry, you can elect to have it returned to you within 10 daysof the date on the check.If you don't have time to wait for a check to arrive, you can also elect to useCash4Gold's "Fast Cash" system which will deposit money into your bank accountwithin 24 hours after the material is processed.Determining the Value of GoldThe price you are paid for your gold is based on a pennyweight (DWT). 20pennyweight equals one ounce. When researching gold prices you may also hear theterm "spot price" - this is the market price for immediate delivery of a commoditysuch as precious metals. The spot price is the price gold is trading for at thatparticular day.Items of Sentimental ValueMost people choose to collect the cash from their unwanted gold, but it's possiblethat some pieces - such as old wedding bands, class rings or family heirlooms havegreat sentimental value.Before getting cash for your gold you are urged to consider their personal value,your financial needs and the timeframe before you decide to sell. An honestassessment can help you make a choice whether to sell your gold for money or tomake other adjustments in your monthly budget.Semi-Precious Stones, Gemstones and DiamondsCash4Gold pays wholesale price for diamonds, however semi-precious stones are notincluded in the money you receive. Customers are welcome to remove thesemiprecious stones from the jewelry before sending it to Cash4Gold.Selling Luxury, High-Value JewelryFor luxury jewelry, the company behind Cash4Gold.com also maintains a separatewebsite at theestatebuyer.com. The Estate Buyer buys premium quality brands ofwatches, including Cartier and Rolex, as well as fine diamond jewelry, Tiffany
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