The first thing a consumer does when they visit the website and want to sell gold, or any of the other products the website accepts, is fill out a form requesting an envelope from GoldCashOut. The envelope will be used by the consumer to send their wares to GoldCashOut for appraisal. Once GoldCashOut gets the envelope, the appraisal process will be started, and it will be completed in less than 24 hours. Each envelope the business sends out is fully insured to cover the items inside of it; so there is no risk of financial loss if something happens to the envelope after it is mailed to GoldCashOut. Consumers can send as much jewelry to the business as they want to.

After the appraisal process is completed, within 24 hours of receiving a customer’s envelope, the customer will be mailed a check with the amount their metals were appraised for. Consumers have 15 days to return the check if they are not satisfied with the amount. If a check is returned, consumers will get their metals back. There is no simpler way for a consumer to get cash for gold and other metals for the highest possible prices in as quick of an amount of time as they can do by using this process. In less than a week’s time, consumers can have their metals sold and have their money from them.

UPDATE: Empire Gold Buyers is out of Business.  Check out GoldCashOut.com instead!

Empire Gold Buyers offers its customers the highest prices because it processes gold in huge volumes. Their costs are lower because there is no middle man. Customers will get 96 percent of their gold’s true value. For frequent customers with large amounts of gold, the payouts are often 98.5 percent. Many companies reduce the payout when the gold weighs less than 10 troy ounces. Empire Gold Buyers will buy small amounts of gold even as little as 3 troy ounces. This company welcomes even small amounts of gold!

To get started, first click here to fill out the form on their website to receive a free gold kit. Then enclose your items in the insured FEDEX overnight envelope at no cost to you. Your item will then be recorded using security cameras. Your item’s value will be determined on the date it was postmarked. Next, the gold will be weighed on a certified scale and the information recorded. The total cash value will be ascertained based on the market value of gold that day. A representative will then call you with their cash offer. You can then decline or accept the offer. If accepted the company will issue a check and send it to you the same day or deposit money into your designated account. If you opt to keep your item, Empire Gold Buyers will gladly return it to you on that day.

All you have to do to cash in is visit My Gold Envelope and request a free gold mailing kit. Mail in your old gold jewelry using the free postage-paid mailing kit, and within days they will have their gold appraisers take a look at it and give you a value for it.  If you accept, you can have them mail you a check or deposit cash in your Paypal account.  The entire process, from the moment you complete the mailing kit, can take as little as 7 days, and maybe half that if you opt for the Paypal payment option.

Don’t like the value they estimate your gold is worth?  Think My Gold Envelope is a scam?  Think again!  My Gold Envelope is RISK FREE!  Their return policy is clearly stated on their website:

If for any reason you are not satisfied with the payment we send you, and would like your items back, simply call 1-800-973-3996 within 48 hours of receipt or within 7 days of the date printed on the check and you will receive instructions for the return of your gold. We will promptly return all of your items.  No questions asked.

My Gold Envelope is clearly an easy means of getting some quick and easy cash for any unwanted gold items you have lying around.

UPDATE: Since the time of writing this review, GoldAmigo.com has gone offline! So for now we’re referring our review to Empire Gold Buyers, which as of April, 2009 is giving out the highest payout rate for buying gold (based on current Price per Troy Ounce of Pure Gold).

Walk through three easy steps and before you know it, your money is in your hands.

Here’s how GoldAmigo Gold Buying works:

Fill out the online registration form here. Gold Amigo requires your name, mailing address, phone number and email address. When the registration form is complete, click on get your free kit. Before you know it, your packet is on its way!

Inside your packet are three items: a brochure, a puncture resistant clear plastic bag and a tear resistant, prepaid security envelope. On the brochure is a tracking number. Please make sure you record the tracking number. This number can be used to follow your packet from pickup at your home to final delivery. The brochure contains contact information along with a payment option form. Complete all sections of the form. Include this form in the packet with your gold.

Place your gold items along with the payment form inside the bag. After assuring all required items and documents have been included in the bag, place everything inside the envelope. Place the envelope in the mail.

When received, GoldAmigo’s gold appraisers determine the value of the items sent. The gold items are surveyed to determine the value while assuring they are gold, silver, platinum or include diamonds. The purity of each item is determined. The items are then weighed. After the evaluation is complete, your settlement check is written and mailed.

Do you want to know how much your gold jewelry or items are worth before you mail them in?  Use our free online gold appraisal tool!

Remember that the amount of the check is strictly based on the weight and purity of your gold. If the items received contain more than ten ounces of gold, GoldAmigo pays top price with a premium.

UPDATE: Please be aware of a Scam Alert for My Gold Party. They are just a middleman for gold refiners like Cash4Gold. If you sell your gold directly to Cash4Gold you can make up to 20% more in payouts.

Offhand, this seems like a good idea. It’s certainly a lot less seamy than going to a pawnbroker to sell unwanted gold. Also, My Gold Party gives the impression of being a proper company that consumers can trust not to rip them off. And a little cash in your pocket doesn’t hurt.

Like a pawnbroker, My Gold Party is a middleman, getting a percentage of the gold’s worth, usually about 10% goes to them and 10% to the gold party host. Otherwise, why would they be in this business? I guess they don’t know think we would know where else to go to sell gold and cut out the middleman – but we do now!  Cash4Gold offers a much better payout than My Gold Party, and you work with them in the comfort of your own home.

Here’s how these “My Gold Party” parties work: someone will contact a gold appraiser, or a local jewelry expert, to set up a deal where they visit the hosts’ house.  They then invite all their friends over and ask them to bring all kinds of old gold jewerly to sell.  Everyone has a fun time talking about the stories associated with their old gold jewelry, but the appraiser doesn’t care about the jewelry.  He just gives you a price and buys your gold right there on the spot.

The Scam They Don’t Want You to Know About:

One woman went home with $286 from selling her old gold jewelry … sounds good right?  Now here’s the scam – allegedly the gold appraiser and party host each get 10% of the take, and then get this – according to the Associated Press article the gold appraiser just sells the gold to a refiner, which could be anyone … even Empire Gold!!  Why not cut out the middleman and that 20% markup and sell your gold directly to Empire Gold?

They offer a free gold refiner’s mailing kit on their website.  That’s right – free!  All you have to do is click here and give them your name and address and they’ll mail you one right away.  Then just put your gold in it and ship it back to them all postage free – in days they’ll get back to you with a jewelry appraisal quote.  If you like it, great, you’ve just sold your gold!  If not, and you think you can get a better price somewhere, just let them know and they’ll ship it back.

Please also read: The Gold Party Scams How They Do It

UPDATE: Since we reviewed this service we found out Empire Gold is now paying out about 10% to 20% more per sale than GoldPaq! Use our online appraisal tool to find out how much your gold jewelry is worth before you send it in, or just ask Empire Gold to send you a gold mailing kit directly – it’s free!

Go to GoldPaq.com and you can feel comfortable knowing you’re getting a good price for your gold jewelry. Just fill out the online form, and when the package comes, fill out the form and mail in your old gold jewelry, watches, teeth fillings, or any other gold you have laying around. Goldpaq will perform a gold appraisal and get your money back to you within twenty-four hours.

Goldpaq only employs people experienced in gold appraisal. They will appraise your gold jewelry and decide what it’s worth. Goldpaq guarantees that you will get the highest pay for your gold jewelry. They also buy precious stones, platinum, and sterling silver.

Goldpaq has been in business for more than twenty years, and is a trusted way to sell your old gold jewelry for what it’s worth. Just go to the website and review goldpac.com for yourself. You won’t be disappointed and you might make a little money besides.

Selling gold or jewelry to Cash4Gold is pretty simple.  All you have to do is visit their site (click here to do it now) and fill out the simple name and address form they provide.  They, in turn, mail you out a gold refiner’s kit.  The gold kit is really easy to work with, just fill out your name and info and they give you a bag to ship your gold in.  And here’s the good part – they’ve already paid the shipping!

That’s right, they give you a postage pre-paid envelope to ship your gold in!  So it doesn’t cost you anything to sell your gold to them, it’s all profit for you.  The shipping time is fast, they’ll usually get it back in a day or two, and then mail out a payment to you immediately.  You do have the option to have them deposit the money for buying your gold jewelry directly into your checking account at your bank, but there is a $4.99 processing fee for that convenience.

So how much is Cash4Gold going to give you for your gold jewelry?  That really depends on several factors, the two most important being weight and purity (which is measured in karats for gold).  Our handy free online gold appraisal tool will help you figure out what your gold is worth and how much the big gold buying companies, like Cash4Gold, will give you for it.

We’ve heard of people sending in thick rope gold chains from the 80s, which are totally out of style and will never be worn again, and getting back almost $1000!!  Obviously most jewellry isn’t going to contain that much gold, but you’d be surprised at how much they’re paying out right now.

Tips for Selling Gold Jewelry to Cash4Gold.com

• Visit their website and just type in your name and address to request a gold kit – click here.
• Don’t bother selecting the direct deposit to bank option – save yourself the $4.99 fee.
• Use our free jewelry appraisal tool to determine how much your gold is worth before you send it in.

Breaking news: this news story about Cash4Gold  just came in on MSNBC: Cash4Gold Helps Consumers Cash in on Higher Gold Prices