Frequently Asked Questions

Upon receiving your gold, Cash for Gold Orlando testers will first look for a stamp on the jewelry made by the manufacturer indicating the karat. Testers then have three testing methods (acid/scratch test, electronic tester, and X-ray fluorescence scan) to verify the gold purity of your items.

Unfortunately, not always. Although most countries require manufacturers to stamp the gold content of their jewelry, very few countries (including the US) enforce these laws or require an independent third party to evaluate the item. The stamp on your jewelry may be correct, but it is quite common to receive jewelry that is fraudulently stamped.

Retail stores mark up jewelry five, 10 and even 20 times or more. Cash for Gold pays for the “melt value” of your jewelry – that is, the value of the gold itself once it has been melted down and sent to the refinery. Craftsmanship is not a consideration when assessing value of your gold.

Payment is based on gold content (karat), weight, and the daily price of gold.