It is a smart move to invest in gold IRAs in this troubling economy. However, there will come a time when you need to liquidate some of your assets. It is possible to sell the gold directly back to your custodian, but in cases you may have to search for a third party who accepts to buy from you.
In this review, we are going to discuss We Buy Gold to see whether this company is suitable for you and your need of liquidation.
We Buy Gold Services
The name says it all: this company buys gold from you. Besides gold, they also take in silver, platinum and diamonds. Below is a full list of what they buy:
- 10k, 14k, 18k, 21k, 22k, 24k Gold
- 999 Fine silver and 925 Sterling Silver
- Class Rings
- Wedding Rings
- Gold Chains
- Bracelets/ankle bracelets
- Pocket Watches
- Gold Pins/Brooches
- Gold Charms
- Gold Ingots
- Dental Gold
- Rare Coins
- Designer Jewelry
- Unmatched or Broken Gold Earrings
- Bent, scrap, unwanted, or broken jewelry
- There are, of course, items that they won’t buy:
- Stainless Steel
- Plated Material
- Costume Jewelry
- Gold Filled Jewelry
- Rolled Gold Plate
- Gold Electronic Scrap
- Cubic Zirconia
If you want to do business with We Buy Gold, you can either use their mail-in program or visit one of their various locations in Kansas City area. They even offer a free appraisal for your items, but for obvious reasons I don’t like having my items appraised by the company I’m about to sell to.
In this part, we are going through several reviews from the company’s previous customers to get a better idea of how they do business as well as how they treat their customers.
The first customer was happy with what he received for his items without even having to haggle with them:
“I was recommended to We Buy Gold by a friend who said that he already sold a few things to them. I visited to their store today and was surprised at how well things went. I was skeptical at first thinking they would be like some dishonestcompanies. They gave me a price that was above what I expected, which was nice because I didn’t have to haggle with them.
The experience was very pleasant, and I would suggest them to anyone looking for a way to get some extra money or sell their gold. I’m already looking through my stuff to see what else I have but no longer need and plan to sell to them while the price is so good.” – Kirk
This customer was also satisfied with their service:
“It was a very nice and clean atmosphere. The staff was friendly and did not try to pressure you.I’d highly recommend, consideringmost pawn shops out there are dodgy and scary (to be honest). These people offer a fair price.” – Danny
This customer, on the other hand, was not happy with the service and thought that the representative here was rather rude:
“I visited WeBuyGold off of 151st and 69 highway and the staff there were totally rude.They barely even gave my items a look before deciding that they were all “junk” even when i knew some of them were worth something. So I went up the street to a place off of 135th and Metcalf, and they paid me almost $200 for their so-called “junk”…. The customer service was terrible, the location looked trashy, and they actually turn away money! I would never return, much less recommend them to anyone…” – Landon
I managed to collect a few ratings for We Buy Gold from all over the Internet:
Most of the feedback We Buy Gold received has been positive, and they do offer you a lot of choices when it comes to liquidating your assets. I decided that my final ratings for We Buy Gold review should be: 8/10 – as a buyer of gold and other precious metals
I advise you to try their service when you are in need of liquidating your assets. If you live in Kansas City area, visit their store; if not, try their mail-in program.
My only concern is that you should have a third party appraise your items first. I’m not saying that We Buy Gold is shady; it’s just a wise move to always have a third party appraiser.