Archive for May, 2011 Gives More Moggy than Lolly to the Ounce

Get cats for gold!If you have unwanted or scrap gold lying around and are wondering who to send it to, there’s a new player in town who, instead of paying cash for gold, pays you in cats for gold! promises the best pawsible rates for your unwanted gold and pawsitively guarantee a fur exchange.

To highlight the underhand scams that occur in the ‘cash for gold’ marketplace, Gold-Traders has launched its spoof website, which has “pussies galore” and is ready to swap them for people’s gold! is based on the idea that “if you send your gold to a company that doesn’t quote their prices up-front or has lots of hidden ‘small print’, you might as well get the weight of your gold in cats…” Furthermore, in these austere times, gold isn’t as alluring as something that’s purring: bling really isn’t this season’s thing.

For some time, Gold-Traders (UK) has been spreading the word that the public can expect short shrift from scrap gold buyers who don’t publish the prices they pay per ounce or gram. In many cases, sellers could be receiving as little as 20% of their gold’s true market value. And, with the recession causing something of a ‘gold rush’ as people cash in on trinkets and jewellery, the grim reality of such a cat-astrophically wide rip-off is sure to give ‘paws for thought’.

No cats were harmed, mildly disturbed or even woken from their naps during the making of the website.

You can read our full press release here: Gives More Moggy than Lolly to the Ounce

May 25th, 2011 2 Comments » Media, Selling Tips |

Tesco don’t recognise 21ct gold

When we wrote our Tesco Gold Exchange review (back in November), we speculated what a customer would be paid for Asian 21ct gold jewellery.

Well, it appears our suspicion was correct. We’ve just had confirmation from a customer who sent their 21ct wedding jewellery to Tesco’s for valuation and were offered a sum based on their 18ct rates.

Based on today’s prices, a customer sending 21ct gold to Tesco would be paid just 65.2% of its true value.

That’s a very poor deal!

May 25th, 2011 No Comments » Miscellaneous |