>I was wondering if it's only the UK that has a proliferation of ads for postal gold companies, since the recession has bitten.
>
>Strikes me they're just cashing in on others' misfortune. Started with just one, with a name like PostalGold4U, now there's lots of 'em - even sponsoring TV shows. They even have the cheek to refer to one's "unwanted gold" - like we've had our use out of it and now don't want it any more, with happy smiling hoi poloi chuffed cos they've received a few quid in the mail for all that gold they had hanging around.
>
>I've been very tempted to send them a few "nuggets" of my own (not gold, mind, unless I've been eating sweet corn) but the envelopes they send you are, like, registered or summat.
>
>Money begets money, at the expense of the poor. Grrrrrr - makes me mad!

It's not just the UK. There are a couple of companies advertizing here as well.

I had a bar of silver I won at a raffle MANY years ago so I thought I would check out what they would pay. Turns out you never know. My expectation is something less than 50 cents on the dollar in terms of pure metal value. Nothing for the jewelry value.

But it's really so simple.........You send them the items, they send you a check. Simple.

Reminds me of a VERY VERY old That Was The Week That Was routine about Cosa Nostra interest rates.

"It's a simple 1 to 1 interest. We give you 50 million dollars once. You give us 150 million dollars once"

FWIW worth, I went to a local store that advetizes "We buy gold." They gave me 80% of the previous day's closing quote, which I thought was a reasonable transaction fee.