Personal Finance 

Cash4Gold: How NOT To Sell Gold

Gold BarsDid you see the Cash4Gold commercial starring Ed McMahon and MC Hammer? Did anyone else get the funny feeling like you were watching an infomercial at 2AM and not Super Bowl commercial?

I hadn’t heard much about Cash4Gold until the commercial but I never liked the idea of pawning gold for cash. Maybe it’s because I’ve always seen those “We Buy Gold!” signs in rougher areas (Atlantic City is a mixture of gentlemen’s clubs, casinos, and “We Buy Gold!” stores) or maybe because the only piece of gold I own is my wedding ring, and I’d have to be in a pretty rough spot to pawn it. I have no similar feelings towards pawn shops though, just ones that exist solely to trade in gold.

Anyway, I started to do a little more digging about Cash4Gold, I even requested a refiner’s kit to learn more, and found a lot of reasons to avoid them.

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