Tuesday, March 23, 2010

'Cash-For-Gold' Fundraiser Raises Eyebrows

GWINNETT COUNTY, Ga. -- Is an elementary school the appropriate place for a cash-for-gold fundraiser?

At least one Gwinnett County mom doesn't think so.

Deloyce Dhoruba expressed her opposition about the fundraiser with Channel 2 Action News reporter Manuel Bojorquez.

Dhoruba said such a fund raising event at her daughter's elementary school puts students at risk.

"This is a school, this is not a pawn shop," said Dhoruba.

R.L.Norton Elementary School hosted a cash-for-gold event on campus for parents and staff during school hours.

Dhoruba said she understands the need for raising funds, but when she got a flyer last week, she couldn't believe it.



"Why is this being held during school hours? That is my biggest concern," Dhoruba said.

The event was advertised for Tuesday, March 16, through Thursday, March 18, from 7:30 a.m. until noon. The school said it notified parents but Dhoruba said the flyer gave them little time to object. Dhoruba said she e-mailed parents in her child's class and said she heard the same concerns.

"Will there be additional security? Considering that whoever is coming in, they're bringing large amounts of cash because they're hoping for a big turnout," Dhoruba said.

Dhoruba said she feels the fundraiser sends a bad message to students.

A spokesman for Gwinnett County Schools said Norton Elementary School researched the company doing the gold exchange and decided to use them since it worked well at other schools, without incident.

The school said it is trying to raise money to purchase pieces of instructional technology teachers and students are using on a trial basis.


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WATCH: 'Cash-For-Gold' Fundraiser Held At Elementary School
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"The company that the school has partnered with is set up in the front lobby where the fund raising is taking place during the day as this is when parents formally visit the school. Any visitor to the school, including parents, would follow the check-in procedure for visitors," officials said.

Dhoruba said she would have not minded if the event had taken place after-school or off-campus.

Trading Cash For Gold? 7 Tips to Avoid Problems When Trading Cash For Gold

by Frank Kerley

With so many cash for gold companies appearing everywhere it's very hard to know which ones are for real and which ones are a cash for gold scam. You can spend hours searching through all the information on the internet but unless you know what to look for you're just wasting your time. I'm going to help you spot the cash for gold scam, so that you can avoid being a victim.

The recession has fueled the gold selling market and many companies have been formed to take advantage of this opportunity. When the dollar is down precious metals such as gold will go up. It's the law of supply and demand. So the question is "If you need to sell gold for cash how do you avoid the whole cash for gold scam?"

I've put together a list of 7 tips for you to follow in order to avoid being scammed:

Are they BBB (Better Business Bureau) Accredited?
How long have they been in business?
How much do they pay for your gold?
Have they been reviewed in any independent studies?
Are they willing to send your jewelry back if you don't like the appraisal?
What is their customer service rating?
How long is their satisfaction guarantee?
Armed with these 7 tips you will be well prepared to make the right choice when deciding which company to use to sell your gold. Selling your old unwanted or broken jewelry can be a good idea as long as you get a fair price and quality service. Save yourself the headache and do your homework.
The only way to truly feel comfortable with a broker is to have firsthand experience working with them. It wouldn't be a bad idea to test out a particular company first by only selling a them small portion of your gold. Once you are familiar and comfortable working with a them you can continue to do business with them knowing they are not a cash for gold scam operation.

Want to learn how to get 3x's More cash for gold? Don't become a victim of the cash for gold scam. To read a full Consumer Report and watch a Special News Report Video visit http://www.CashForGoldReports.com If you are seriously interested in selling gold don't do anything before you visit this website.

Cash For Gold Reviews - Don't Get Ripped Off First Read Cash For Gold Reviews

Frank Kerley

Reading cash for gold reviews helps you select a good gold buyer to sell your jewelry to. You can find many cash for gold reviews in various places.

Cash For Gold Reviews

To start, the best cash for gold reviews will come from personal experiences. Seek out family and friends who have recently sold their own gold, and find out what they did and did not like about the business that they used. Their experiences will be the most honest and straightforward type of selling gold reviews that you will be able to find.

Check With The BBB

Next, you can find reviews of gold buying businesses online. You can start by going to the Better Business Bureau to see if any of the gold buyers you are interested in pursuing have had any major complaints. You will have to keep in mind that not every business can please every single customer and therefore you might find a complaint here and there about a company. What you are looking for is numerous complaints and the context of the complaints.

Read Online Reviews and Reports

Another way to find reviews on a company is to visit blogs, review sites and even social networking sites. There are a lot of people who enjoy sharing their experience with others through the Internet. You can even find out what rates were paid to recent customers so that you have a better idea of what you will get for your gold.

Reviews make it easier for gold sellers to select the appropriate company to receive quotes from. Everyone's time is precious, and not having to deal with companies that are going to waste it, is important. You are also more likely to get better quotes from reputable companies, than you will from a non-legitimate one.

Reading cash for gold reviews will allow you to get the best money for your unused or unwanted gold.

Want to see some revealing cash for gold reviews Learn where to sell gold for 3x's More Cash? Don't become a victim of the cash for gold scam. My friend, if you are seriously interested in selling gold, I urge you to visit this website before you do anything else. To read a full Consumer Report and watch a Special News Report Video visit http://www.CashForGoldReports.com

Avoiding Cash For Gold Party Problems

by Sam Rivers

Many companies offering cash for gold parties are highly professional and offer fair payouts to customers in the industry. However, some cash for gold party companies are plaguing the industry with a bad reputation by scamming or short changing customers on their gold jewelry. To be an informed participant at a gold party and to ensure you receive a fair amount for your gold items you need to know a bit about how your gold items are appraised.

Jewelers and gold brokers use two measurements for weight when assessing gold at a cash for gold party: one troy ounce is equivalent to 31.1 grams and one DWT is equal to 1.56 (also known as pennyweight). If you are attending a gold party hosted by a company you are not familiar with it is important to personally weigh each piece of gold jewelry you plan on bringing to the party. Weighing your gold before hand will give you the opportunity to make sure the jeweler is using an accurate scale and recording weights similar to what you found.

The second action you should do before attending the cash for gold party is to check the gold karat of each piece of jewelry. Pure gold is 24k or 999.9 purity. Twenty-one karat is 0.875 pure (21/24=0.875), 18k is 0.750 pure (18/24=0.750), 14k is 0.585 pure, and 10k is 0.417 pure. When the jeweler has the weight and karat of each piece of jewelry he/she will take the current price of gold per troy ounce, divide the price by 31.1g (one troy ounce), and multiply the resulting number by the karat of the gold.

For example: If today's price of gold is $1000 per troy ounce
1000÷31.1= $32.15 per g
For 14k, $32.15 x 0.585 = $18.81 per gram

Because no business can function without a profit you will not receive the exact amount you may have estimated for you gold's worth, but by making sure you are working with a reputable cash for gold party company that guarantees the highest payouts for your gold you can save yourself from those companies looking to scam you.

Sam Rivers works in management at Generation Jewelers, a family-owned business with over 75 years experience in the jewelry industry. Mr. Rivers is a noted author and lecturer on selling and appraising gold and jewelry. He can be reached at http://www.premieregoldparties.com/Atlanta-GA.html.