I heard about this company Valley Goldmine thru a friend. While researching companies to buy my "gold" old jewelry from my now organized box, I came across the comments below. I was extremely skeptical and had already made my appointment with Adam at Valley Goldmine. In a few short calls to London Gold and a couple other stores, I had some questions for Adam at my appointment. I have never sold jewelry and did not know the process, but came up with the conclusion that when you start comparing, you better be sure you are comparing "apples to apples"! I learned that the $$ that they give you are based on the market price of gold at the very minute you sell your gold to Valley Goldmine. They calculate the price fairly, on the type of your gold, I had 14K and 18K gold, they then test it to confirm the type of gold, weight it and calculate what they will offer you based on an OUNCE OF GOLD, NOT PENNY WEIGHT! Learn something new everyday. So I had already called 3 other "gold buyers" jewelry stores, and had some knowledge before going in. (I also had Adam listen to me on my speaker/cell phone when I had a question and called London Gold to hear their response) Well he passed my paranoid test as a staff member of Valley Goldmine, offered me an EXTREMELY fair dollar amount, did not pressure me at anytime and patiently answered my questions. Oh and guess what? I gave him a bracelet with tiny stones and he is removing them FREE OF CHARGE! Bottom line, Valley Goldmine is a professional legit local business that is providing a service to anyone who contacts them. So of course I would and will recommend my friends who could benefit from their service. I told Adam at Valley Goldmine when I was leaving that I was going to write this. So if you prefer to send your valubles to a company you see on TV in the middle of the night, Good Luck, but if you prefer to support a locally owned business that you can speak to in person, make an appointment or ask them about their gold parties.

This piece makes NO sense. So Valley Goldmine loses money on every deal? Great business model. It's especially strange that the "expert" who went along on this report WORKS with Valley Goldmine (it's right on their website). Very, very suspicious.

I think all of these gold selling options are a rip off, but honestly it appears to me that this whole ABC 15 investigative report was just a commercial for the $40.00 buyer. If you do the simple math you can see that they were offering more than what the actual melt down gold value was. Not only that but the jewelry expert actually stated that in the interview. What a Joke!!

It seems to me that based on the relationship between Valley Goldmine and Mr. Craig Lynch "the so called jewelry expert" that this story was a bit slanted toward one of the gold buyers and against all of the others. If you go to Valley Goldmines website you can clearly see that Mr. Lynch is in direct relationship with Valley Goldmine as their diamond buyer and/or appraiser and it is hard to believe that they weren't some how in cooperation with each other especially when he clearly states in his interview that the true melt value of that piece was $38.75 and Valley Goldmine made an offer that would lose them $1.25 every time they bought that necklace. I really dont know of any company that is in the business of losing money especially at the rate of 3.2% per transaction. The only way this makes sense is if they knew the investigator was coming and knew that she would bring in a simple gold necklace with a little heart attached to it, Mr. Lynch. A little research should be done on Mr. Lynch who is known in the valley as one of the most unethical appraisers in Phoenix. When I began watching this interview I thought it might be a legitimate invetigative report, but quickly realized it was just another commercial for one of those "pawnshop" gold buyers. I hope in the future the investigative team does their homework and provides some real consumer information.