From the Arizona Gold and Silver website:
Arizona Gold & Silver has over 40 years of experience in precious metals, coins, bullion, ingots, currency and jewelry.
Our company purchases all types of gold, silver, and platinum in any condition at premium market prices.
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Services / Products Available
E-commerce facility
Bullion Bars
Bullion Coins
Numismatic Coins
Investment/Retirement Vehicles
Read or add Arizona Gold and Silver reviews and ratings using the "reviews" tab above.
All Arizona Gold and Silver details are believed to be correct at the time of listing. Please report errors here.
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M. Ravae King – :
I recently visited Arizona Gold & Silver and comments were made that concerned me.
The gold was weighed in front of me then taken to the back to test purity which came back 22kt. As I had checked the spot price previously I quickly calculated a market price of $135/gram. I was given a price of $90/gram. I asked what spot price was used twice then J**** (the owner) leaned over from the next window and said, “I pay $90/gram”. “For 22kt?”I asked. He nodded and said “That’s what they told us”. “I thought you paid 20% below market” I said. “That was before” he said “not now”. He seemed to be getting upset and said “If you think you can get a better price…”
These were answers from someone being deceptive.
I may be wrong but as owner he can choose to pay whatever price he wants. Who is “they” that told him $90?
“Before”? Before what?
I don’t like selling my gold and like the vast majority of people do so because they need money now. In Yuma there are 3 choices: Arizona Gold & Silver, pawn shop or jeweler.
I have been selling to AG&S for 20+ years. They have always indicated to pay 20% below market. Although I have asked many times how their price was determined I never get an answer.
The standard formula to determine gold value is:
WeightXpurityX(spot price÷31.1).
How you determine the price you pay should not be a secret. Transparency shows honesty and that’s all I ask.
I accepted the $90/gram because of the 3 choices you pay more than the others which makes you the only choice.
I gave 3 stars because the people are always polite, pay more than others and in cash.