Author: Arch Enterprises

In the last six months we have received some great questions! In order for our customers to receive the best information and most accurate quotes we encourage everyone to give very detailed descriptions of the materials you would like us to buy and refine. Even things that you may not think are significant can indicate what kind of material you have and what the grade is. Here are the main elements we take into account when people ask questions about their materials.

It seems like many media sources are conducting investigative reports on the cash for gold business. This is due to the many customer complaints about companies such as the one highlighted on the Today Show this morning – Cash4Gold. Our goal with this blog is to help people become more educated consumers in this industry that historically has not always been the most trustworthy. With these huge operations you really have no idea who is giving you your quote or who is actually melting and refining the material. We recommend getting to know the people you work with either by giving them a call or sending them an email.

The consumer alert from the Today Show highlighted the fact that some companies will only give 11%-29% of the gold’s value back to their customer. Also that these companies do not want the public educated on the gold buying because they thrive on people’s ignorance towards measurements and value. Here are some things to take into account when choosing a company to work with.

Do you have a facility in TN? Can you evaluate and process large orders? Do you buy and what is the process and how long does this take? – From Roger

I have some 10lbs of electrical contacts, some of which are 1inch square X1/8 inch thick. Are these worth refining? From Jesse in Springfield, Missouri

I have a large quantity (about 40+ lbs.) of sterling and 925 silver jewelry. And I have over 1000 dwts of clean scrap gold (no stones). Also let me know if there are any other hidden charges.