Thursday, August 20, 2009

gold and silver buying scam

Have you noticed lately that your local newspaper is full of large ads offering to pay you "top dollar" for your old and broken gold and silver items. Many times these companies are from out of town and they set up in a hotel room somewhere locally. The reason they do this? Easy answer! They are basically hit and runners. They offer you low prices with the hopes that you will take their offer. In reality you are better off to go to two local jewelers and compare prices. There is a good chance that you will do much better. Also, if any of your items are antiques, there is a good possibility that they have higher value than the scrap value that you are being offered. Take your time, deal with reputable people, get comparisons, and if you have something good, get an appraisal. Larry Shapiro from

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