Abby's Cash for Gold LLC

Complete bait and switch operation, DO NOT sell your gold to Abby's if you want a fair price Figuring out what your gold jewelry is worth is not a very complicated process Take the current price of Gold (today it is 1350.00) and divide that by This will give you be price for a "troy ounce" Then weigh your gold in grams (a kitchen scale will get you very close) Then determine if you gold is 10K, 12K, 14K, 18K, etc Pure gold is 24K and is almost never used in making jewelry because it's too soft The grade of you jewelry is often etched somewhere on the jewelry, but you will need a magnifying glass or a jeweler's scope to see it Once you know the grade (14K etc) of your gold, divide that number by and you will know what percentage of pure gold you haveFor example I have a gold wedding band that is 14K gold and weighs oz The price of gold is currently per pound So to find the value of my gold I would calculate at follows:
(14K divided by = .5833) So my ring is 58.3% pure gold When I weighed it, it was grams I then took and divided by 31, to get the current price for a "troy ounce", which came out to $ Once I had all my calculations I simply followed a universal formula for determining price (x x 43.54) = $ This is what my gold is actually worth on today's market The retail price of my ring is about times this amount, but that is a much inflated price that you should never expect when you are selling your gold Thus my gold, sold to a reputable gold buyer, should bring roughly $When I first looked on Abby's website, they have a calculator to estimate the value of your gold When I used their calculator, the result was very close to what I expected (based on their calculator the value paid should have been $218.00) However, when I went into their store, I was told that the ring was only worth $ Far, far less than it's actual value, far less than it's reduced value to a reputable gold buying shop, and far less than the price obtained by using Abby's own calculatorWhen I brought this to their attention, they stuck to the price quoted and said they would have to immediately fix the online calculator As of this posting the online calculator is still showing the value I originally was given ($218.00)This dealer is obviously a scam artist They lure you in with an online calculator and then drastically low ball the price they are actually willing to pay Seriously, $dollars for a ring that they could immediately turn around and put in their display case with a $- $price tag Give me a break Obviously I did not sell them my gold and neither should you Furthermore, if you're looking for jewelry to purchase, I would avoid their retail store like the plague, as the mark up price has to be at least 15-times higher than what they paid for the item This type of business practice might be the reason they've had to shut down two of their store fronts No one likes to be taken advantage of and business that operate this way typically don't last long

This is in regards to complaint ID I spoke with Abby last week and she told me to bring her my watch which I did She gave me a ticket and promised to replace my watch Today she sent me a text showing the watch she ordered and the tracking ticket for it I should have it by the 23rd