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Archive for March, 2010

San Diego Gold Buyers Teaches About Gold Scams

San Diego Jewelry Buyers (SDJB) has just published a consumer tips article for people who are selling their old gold but worried about being caught in a gold scam. “Selling gold items is now a popular way for people to get quick cash,” explains an SDJB spokesperson, “but unfortunately some fly-by-night gold buying operations have popped that take advantage of consumers and buy their gold at prices far below what a reputable gold buyer would pay them.”

Recognized in San Diego as a trusted buyer of gold, diamonds, fine jewelry, and watches, SDJB was interviewed several months ago by former CNN anchor Sasha Foo for a KUSI News special report titled: Selling Your Gold? Don’t Get Scammed! “We still meet San Diegans every day who talk about that news report, asking me for more advice on how to get the most money for their gold while avoiding getting ripped off,” says SDJB. “So we wrote down a list of top ten tips.”

San Diego Jewelry Buyers’ tips for avoiding gold scams and finding a good gold buyer is published along with many other articles on the “Knowledge” section of SDJB’s website SanDiegoJewelryBuyers.com–articles that provide useful information on such topics as how to sell estate jewelry, how to sell a used Rolex, and how to sell used diamonds. The following are several tips from SDJB’s latest article on how to avoid gold scams:

**Beware of gold buyers who “lowball” the customer first, then when the customer declines, offers a slightly higher amount of money. Ethical gold buyers offer you their best price right from the start.

** Beware of gold buyers whose ranking with the Better Business Bureau is lower than a B. Learn more about the company by reading any BBB complaints that have been filed and examine their online customer reviews via Google.

** Beware of gold buyers that don’t have a bricks and mortar office and exist solely online, as well as gold buyers who have no track record in the gold buying and jewelry buying business.

**Beware of gold buyers who say they are the best place to sell gold because they are a gold refinery and eliminate the middle man. Some “gold refinery” gold buyers have been found by investigative journalists to pay among the lowest prices for gold. Research the gold buyer (be they a gold refinery or not) before doing business with them.

To read San Diego Jewelry Buyers’ full list of tips for gold sellers, please click on the following link: How to Spot Gold Scams.

For more info, please visit or contact them at:

San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 – (800) 557-9413

San Diego’s Gold Buyer Talks About His Business

In a new media interview posted on San Diego Jewelry Buyers’ website, owner discusses various aspects of his company’s business, including the impact that its gold, jewelry, and diamond buying service has on the San Diego economy. A veteran jewelry designer, as well as a buyer of pre-owned luxury items, he sees San Diego Jewelry Buyers (SDJB) as making a positive contribution to both individual San Diegans, as well as the local economy as a whole. Well-known in California, SDJB’s owner also was interviewed recently by KUSI TV’s Sasha Foo for his advice on how to sell gold jewelry.

The new interview appears in the “Knowledge” section of the SDJB website, an area which is dedicated to providing consumers with useful information about how to sell smartly precious assets such as silver, gold, fine jewelry, and watches. The following is an excerpt from the interview:

San Diego Jewelry Buyers has been in the gold, jewelry, and watch buying business for some thirty years. In these difficult financial times, what role do you see your company fulfilling with regard to the larger San Diego economy?

CB: Every day, San Diegans bring me items which have been lying around in a dresser or safe deposit box, and trade it in for cash. Yesterday a woman in her 80s traded in her scraps of old gold for about $1800, and said she was going straight to Best Buy to get a brand new flat screen TV and home theatre for her apartment. All things considered, I think she’ll get a lot more enjoyment from that TV entertainment center, than she was getting from some old broken gold jewelry that had been lying around in her dresser drawer for 30-40 years. I joked with her that if someone ever breaks into her apartment, the gold would have been a lot easier to make off with than the new giant flat screen TV mounted to her wall!

So you are saying that San Diego Jewelry Buyers helps customers realize wealth they might otherwise have forgotten about?

CB: In many cases, yes. But it also is more than that. When people find out that they have un-tapped wealth sitting in their drawers and cabinets, wealth that can be transferred into quick discretionary income, this feeds the local economy. Money is moved, circulated, spent, and re-generated through all the businesses that the customers patronize with their sudden “windfall”. In addition, taxes are paid on all of these new transactions, thus supporting local, state, and federal government services.

For more info, please visit or contact them at:

San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 – (800) 557-9413
www.sandiegojewelrybuyers.com