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Does anyone have an update, who is paying the best price for scrap gold in 2022?

I have a pawn shop, the interest on our large loans is 25% per month. Usually against cars/boats/motorcycles. We would loan 40-60% of the items resale value. In your case, large loan with non-depreciating (hopefully, but not guaranteed) collateral, that’s easy to store, you could probably find a...

I’m nowhere near as active as in the past, I was a very keen stacker in the early days. Stacking resulted in a big career change for me, I became a pawnbroker and opened my own pawn shop. This will be my profession until I retire now (I’m only 34). I’m still stacking, but mostly jewellery and...

I’m sitting tight, no selling, no buying. I didn’t get into stacking to sell out if the price went up a bit. Today’s world is exactly what we were Insuring against.

There is no secondary market for them. You’re really paying for the retail experience of going to a nice jewellery store etc. That’s where the only value lies. We always try to sell the rings retail in my pawn shop, even cheaply. Most shops will heavily discount diamond rings if you ask. Not so...

I have sold some scrap gold from my pawnbroking business to Brisbane Gold company in the past. Yes they pay a good price in relation to spot, but I can tell you that where they make their money is rounding down the purity readings on the XRF. Pieces that were hall marked and acid tested as 9k...

I was looking to purchase by the way. I missed the brief drop to $20.55AUD because of this. Are other dealers still selling unallocated?

Goldstackers website has been down for 4 or 5 days now. When I rang they said I could redeem my unallocated holdings over the phone but could not buy more.

You can’t even buy unallocated (pool allocated) at Goldstackers anymore. Their website has been down for 4 or 5 days now. They are difficult to get on the phone and when you finally get through, it’s someone working from home. They said I can redeem my holdings over the phone but I cannot buy...

Goldstackers is having big problems now. I was buying small amounts of pool allocated regularly. My metal account statement was showing crazy incorrect numbers, I emailed them and have no response still. Can’t get them on the phone either. Today the metal account statements are gone altogether...

Steve is spot on I think. There is good demand on eBay, no reserve 99 cent auctions rope in the bidders and people often overpay. It helps if you know the area of origin as some areas are known to produce higher purity nuggets than others. XRF would certainly answer that question though. Good luck.

Interesting reading thanks. I wasn’t aware we held so much gold.

I’m sticking to gold and silver, but what would I know..

22 karat. Yes but you should have bought them yesterday not today.

Hi stackers, I am in need of a good reliable business to sell my scrap gold to on a monthly basis. I am in a rural location in Qld, so I would need to post the gold and be certain that I will be paid and paid fairly. Can someone recommend a good business? Cheers

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