American company to launch postal gold buying service

Wed, 12 Aug 2009

Residents in the UK are to have the chance to send broken or unwanted gold jewellery through the post and get its cash value in return.

Cash4Gold is a gold buying service in the USA which is now being launched in Britain. The company has achieved success in America with 800,000 people already having used the service since it was launched two years ago. It now employs 300 people and receives more than 1,700 oz of gold per day, with 94 per cent of respondents accepting its cash offer.

Jeff Aronson, founder and chief executive of Cash4Gold, said: "With times being tough in the UK, just as they are in the US, we know people are looking forward to providing themselves with a way to turn broken or unwanted items into cash. Many people may not realise that they can sell items which otherwise would just collect dust lying around the house ."
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