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Gold owners 'should use internet valuation' instead of pawn shops > Gold News > World Gold Council, gold market information and intelligence

 

Gold owners 'should use internet valuation' instead of pawn shops

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Monday, 20th October 2008 (2126 views)

Gold owners are being encouraged to capitalise on the current popularity of the precious metal by using a web-based valuation service.

Brian Dean of OTCPicks.com has urged those wanting to sell their gold items not to take them to a pawn shop as they will only be offered a fraction of their true worth.

Instead, they could try the Money4Gold service, where a protective, insured envelope is sent out to customers for them to post their valuable items to the firm, he said.

Highly-trained staff employed by gold refiners will evaluate the items and notify the owners of their worth, based on weight and purity. They will then send a cheque out and customers can choose whether to accept the offer or not.

Mr Dean commented: "Few would argue that we are in a long-term 'up' trend for gold and precious metals."

The popularity of gold has led to a new wave of amateur prospectors searching for the metal, according to Gold Mining Claims Secrets.

 

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