• Address: 717 London St, Portsmouth, VA 23704 (map)
• Date Posted: 10/08/09

My mission is to provide a safe and secure place where people can get fair market value for their precious metals. Especially people in need. We are licensed, bonded and paying the best prices.

Sell me your gold. I pay $150 to $300 for every $100 other local gold buyers pay based on independent surveys and up to $1000 for every $100 internet buyers are paying. Don't get ripped off. Let us pay you fair market value for your valuables. Test us - get offers from any local buyers and compare. We guarantee at least 110%.

I buy all types of gold, silver and platinum. New, used or broken. I buy watches, rings, bracelets, necklaces, earrings, toe rings, silverware and coins(gold and silver).

I pay cash for your gold. With gold at $956.00/oz on the NY spot market I pay:(as gold goes up I pay more)
Up to 3 oz:
10k - $260.99/oz - $13.05/dwt - $8.39/gram.
14K - $360.97/oz - $18.05/dwt - $11.60/gram
18K - $467.01/oz - $23.36/dwt - $15.02/gram
22K - $580.86/oz - $29.04/dwt - $18.67/gram.

3oz to 5oz: I pay 5% of base above. That's $379.02/oz or $12.19/gram for 14K
5 oz and above: I pay 10% of base above. That's $397.07/oz or $12.77/gram for 14K

I also pay the following Referral Fees:
$10 for 1/2 to 1 oz; $20 for 1 to 2 oz; $30 2 to 3 oz
$40 for 3 to 5 oz
$50 for 5 oz and above

Platinum@$1256:
PLAT 90: $21.499/gram
PLAT 95: $22.56/gram

I am also paying $6.77/$ face value of silver coins pre 1964 or 90% silver. I will buy coin collection based on individual evaluation.

Compare and you will see I pay 1.5 to 10 times local and Internet buyers. For perspective, I pay 1.5 to 2.5 times what Greenbriar Pawn pays and up to 10 times what Internet buyers pay. For every $100 local buyers pay, I pay $150 to $250. And for every $100 Internet buyers pay I pay up to $1000. I perform regular surveys to verify these numbers. My best customers are those that have compared prices and service. Don't get ripped off use my guidelines below to make informed comparisons to get the best prices for your precious metals.

I buy gold coins at 10% below spot. However, I encourage my customers to sell their gold coins directly to the refineries - the legit ones like Kitco. They will buy coins directly from the public and pay you the same as they pay me. Therefore, I can add no value for you except to remove the hassle of your selling directly to the refinery and waiting 6 to 9 weeks for your money. Check out Kitco.com for the latest gold prices and the prices they are paying for gold coins which is normally slightly above spot.

We buy all gold, silver and platinum jewelry - watches, rings, necklaces, bracelets, coins, dental gold - any thing with precious metals. It does not matter if they are broken or outdated, we are buying for metal content. We also buy diamonds larger than 1/4 carat.

GOLD SHOP is your one Stop Shop in Hampton Roads for buying your old, broken, unwanted, gold, silver, platinum jewelry. We buy rings, bracelets, necklaces, coins - anything with gold, silver or platinum. Also take advantage of the referral fees noted above. We guarantee best prices - at least 110% of your best offer from competition but we are paying 150% to 300% of other local buyers on a regular bases.

TIP: make sure you get at least 2 offers on your gold. Ask specifically for the following for each item so you can make a good comparison. When buyers say they pay the highest prices make them prove it. You need all of the following information in order to make good comparisons since some buyers manipulate the price the pay per gram or the weigh. Test us and compare to the rest
1) Gold price on the NY spot market per troy ounce
2) price per gram,
3) gold purity (10K, 14K, or 18K)
4) weigh in grams of each item
5) price for each item.
Call for appointments 757-535-3177 (preferred) but walk-ins welcome.

We also convert your old or broken jewelry into new by melting it down and casting it into any design you desire. This is a unique service with quick turn-a-round allows you to use your old gold to create new jewelry for yourself or a special person in your life. We also buy diamonds larger than 1 caret.

Located in a permanent secure building conveniently located in downtown Portsmouth's Ole Towne (one of the safest areas in Hampton Roads) behind the 7-11 at the intersection of London Blvd and Effingham at 717 London St, Portsmouth, Va 23704.

Gold Shop
717 London St, Portsmouth, Va 23704
Email: tomtom3200@gmail.com
Hours: Open Mon-Fri 10 am-5pm; Sat 1-3 pm
Parking: free in private lot