Almost every night on television, there are numerous ads for companies which offer to buy your used, unwanted, broken or outdated gold, diamonds and other jewelry. Many of them offer to send you a cheque immediately upon receiving your items, and promise to pay you a premium and fair rate for all the items. I have to admit that this, as with so many other television ads, seems too good and too easy to be true. On a whim, I decided to log on to the website of a company called CashGold Canada, to find out some more information, and to determine whether this was a legitimate offer, not just a scam preying on those who are suffering from our poor economic times.
I actually did have several old, broken gold and diamond pieces of jewelry that I had wanted to get rid of for some time, but I was always hesitant to go to a pawn shop or some other type of seedy place. For some reason, those types of places always seemed shady to me. I went on the CashGold Canada website at www.cashgold.ca, and carefully read the information. The company claims to be a reliable and honest company that will give you a fair price for any items, based upon the current price of gold. They offer a very easy process: after you request your package, they send you a personalized mailing kit with prepaid first class postage and $100 insurance to cover loss or theft. You simply put your items in the envelope, and they will send you a payment within 24 hours of receiving the items. Okay, I thought, I will give it a try-I had nothing to lose, really, as the postage and insurance were paid by them. It was better than having these items sitting in my drawer, collecting dust.
Within 3 days, I received my kit. Along with a bubble envelope, a self-addressed and insured Canada Post envelope, and some additional information, there was a form for me to sign and fill out; I simply wrote a brief description of each item, selected the method of payment I wished to receive, (cheque, pay pal or direct deposit), and also, which I was extremely impressed with, the tracking number and information I needed to track the progress of my package at the Canada Post website (www.canadapost.com). It really was as easy as they claimed. I followed the instructions, and waited, somewhat apprehensively.
Well, there was hardly time to track anything, because in 4 days, I received a cheque. The receipt explained how they arrived at the amount, and it was fair-based on a price of $17.89/gram of gold, as well as the karat amount of each item. The amount of my cheque was nothing huge, but I had not expected my small amount of gold to fetch thousands of dollars. I am very satisfied with CashGold Canada-it is an easy, straightforward and no-nonsense way to get a bit of cash for broken jewelry you no longer wish to keep. The advantage of being able to track your package and the security of having everything insured, at their expense, makes this an extremely painless process.