Gold Questions Answers

How do I ship my old gold jewelry to you?

1. First complete the Gold Pack sell your gold form. We'll send you pre-paid UPS air bill for your package with a packing slip and gold jewelry shipping instructions telling you where to ship your gold.

2. Then, simply place your items and packing slip inside any envelope or sealable-type plastic bag and seal it to prevent small items from becoming lost.

3. Take your package to UPS store.

4. Place the envelope or bag containing your gold jewelry items and completed packing slip inside a UPS envelope. UPS envelopes are available at all UPS locations.

5. Affix the UPS ground bill to the UPS shipping envelope and hand it to the shipping clerk or drop it in the UPS store or pick-up bin.

Does it cost me anything to send you my gold jewelry?

All UPS shipping charges are paid by Medi Shops if we issue the shipping label. If you're in a hurry to receive your cash for gold, UPS Standard Overnight shipping is available and charges will be deducted from your cash settlement.

I'm not in a hurry. Can you send me everything I need by mail?

Of course we can. Just select, "Mail me a FREE Gold Pack" We'll mail you everything you need to ship us your scrap and unwanted gold jewelry.
What if I'm not ready to send my jewelry right now?

You're under no obligation. If you decide not to send your old jewelry right away, your UPS ground bill is good for 10 days. So, feel free to keep searching through your home for more unwanted scrap gold.

How Can I Track My Package?

The fastest way to track your UPS package is to type the UPS tracking number into the UPS search bar.

How will I know if Medi Shops received my gold jewelry package?

If you shipped your gold to Medi Shops via our UPS service, you will receive an email when your package has arrived. You can always track your package by typing your UPS tracking number into the UPS search bar.

Payment
How does Medi Shops calculate the cash value of my gold jewelry?

Medi Shops calculates the cash value of your gold jewelry primarily based on these factors:

* The price of gold as quoted by the London afternoon fixing on the day of settlement.
* The karat content of your gold which is a percentage of 24 karat
* The actual weight of your gold jewelry items.

How will I be paid?

You will be paid by company check. Now I know where to sell gold, can I also find out how much I'm going to be paid before you pay me?

We'll contact you by email or telephone to let you know your settlement is ready. Our policy is to issue cash for gold payments within 24 hours of processing so if we don't hear from you, after 24 hours we will process your payment.

What if I'm unable to access the internet? Will I still get paid within 24 hours?

Yes. Our policy is to issue cash for gold payment according to the payment method you selected within 24 hours of processing your gold jewelry package.

What if I'm unhappy with the amount of my cash for gold settlement?

If you don't agree to the settlement, we will ship back your jewelry and insure it for the settlment price only.

Selling My Jewelry. What can I send?

Send any scrap gold items you no longer want. Do not send items of deep sentimental value as once the transaction is completed, the items will be destroyed. See what we buy.

Items which do not test to be gold, silver or platinum are considered of no-value. Medi Shops policy is to return items of no-value to the customer via First Class mail.

Gold Facts: How can I tell if my items are gold?

The simplest way is to read the karat markings on each piece. Any one of these indicates that your jewelry is gold:

* For 10 karat- 10k, 10kt
* For 14 karat- 14k, 14kt
* For 18 karat- 18k, 18kt
* For 21 karat- 21k, 21kt
* 1/10 GF refers to gold filled and is not solid gold. Please do not send anything marked in this manner.
* Vermeil refers to gold plated on Sterling Silver. Please do not send

How much gold jewelry equals an ounce of gold?

It takes 2.400 ounces of 10K, 1.714 ounces of 14K, 1.333 ounces of 18K or 1.091 ounces of 22K gold jewelry to equal one ounce of pure gold. See chart.

Why should I sell my scrap or unwanted gold today?

There has never been a better time to sell unwanted or broken gold jewelry. Gold prices are at an all time high.
What happens after I sell my scrap gold and have been paid?

Once your check is cashed or electronic payment is issued, your gold jewelry will be melted. Then the precious metals will be reclaimed, refined and recycled.