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!