Most of the heavily advertised Hotel buying Events are held by Out of Town Entities. They have no connection to the Local Community and are not reliant on their on going reputation in the local community. As a locally owned and operated Business, Calaveras Coin & Pawn has a definite link and responsibility to Mother Lode. More important! We rely totally on Our on going reputation in the community.
These events often promote that they are buying for a limited time, they create sense of urgency. This high pressured environment is not for your benefit, it is for their benefit. You have to make a quick decision, which usually is a bad one.
Simply, WE HAVE a vested interest in providing the very best service, professionalism and PRICE! And, give you time to decide your best option.
REAL EXAMPLE
On December 19 & 20th 2009 a legitimate jewelry and pawn shop in California decided to check out a national gold buying operation that was buying at a Local Hotel. The operation ran an ad in the newspaper stating "In Most cases, we pay three times more than our top competitors."
So we sent a "customer" with 58.5 grams or 37.5 pennyweight of 14 karat gold jewelry, with no gemstones. We first sent the "customer" to get quotes at 8 local gold buyers. Then to the Hotal event . . . . The initial offer made by the company was $604. ($10.32 per gram or $16.10 per pennywieght) This was far from 3 times any offer received that weekend. After pushing the person, they offered $725 for the gold jewelry. ($12.39 per gram or $19.33 per pennyweight). But still not close to 3 times any of the offers already received. In fact, they offered less than 5 of the 8 we tested that weekend, using the exact same items.
In summary, The claim "In Most cases, we pay three times more than our top competitors." It is obvious to us that their top competitors must not be in Angels Camp, California.
BEWARE: Many Hotel Gold Buyers:
- Don't Check ID's so items could be stolen
- Rarely turn in mandated JUS123 Reports
- Work on Weekends When Law Enforcement is to busy to police their activities
- Don't Turn in Lists of Items Purchased As Required by Law
- Don't Hold Items For 30 Days
- Way Under Value & Grossly Underpay You For Your Jewelry & Coins
- Don't Keep The Business Local
- Reduce The Chance of Local Victims Recovering their Stolen Items
VISIT THE FOLKS YOU HAVE TRUSTED
FOR OVER 25YRS
Family Owned & Operated
Downtown Angels Camp, CA
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