Cash For Gold Warning

antiqueAt this time of year, everyone is thinking of ways that they can make a little extra money to pay for those Christmas presents that we would like to buy.

Selling our unwanted gold and silver jewellery is one way, however Suffolk Trading Standards would encourage you to be cautious before parting with your bling!

We would urge everyone to be very careful about deals which seem to be too good to be true. Follow these simple tips to ensure you are getting the best deal.

Shop Around. No matter how or where you ultimately chose to sell, start locally. Take your gold to a reputable local jeweller and ask them to estimate its value. That way, you’ll at least have a base price in hand before you solicit online bids or other offers.

Beware ‘Rogue’ Buyers. Be wary of who you are selling your jewellery to! Are they a “rogue” buyer. If you have to leave your jewellery with them for a quote, do you know for sure that they will be there again when you return to collect your money?

Read The Small Print. Read the terms and conditions or small print, and pay attention to fees and charges that may apply. Refining fees, postage fees and appraisal fees could be hidden.

Just remember: All that Glitters is not Gold! If you have concerns about a particular Gold Buyer contact Trading Standards on 03454 040506.

About suffolktradingstandards
Suffolk Trading Standards is working towards creating and fair and safe trading environment. By creating empowered consumers, that are armed with the knowledge to stop 'rogue traders'.

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