ANOTHER GOLD SCAM!

Published 2024-04-26
In this video we highlight the very popular gold scam that is taking place around the US. Seems like they come in waves. We had several customers walk in with the infamous chains and rings that are used to scam people for their hard earned money. We also wanted to show up close what the jewelry looks like and how we go about testing to see the authenticity. As a Pawnbroker I hate to see people get fooled so we want to spread the word and let people know what to look for.

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All Comments (21)
  • Stay Tuned for the Follow-Up video on Friday the 3rd of May. Post the weight along with value in the comments. Must Subscribe and Comment!
  • @Nimasworld
    His body language screamed “Oh Shit he knows it’s FAKE” 🥴
  • @terrybusch5088
    Nah, he would have been more upset if someone actually owed him a thousand bucks. You could see in his expression how stupid he was, especially thinking you wouldn't know the difference between fake and real.
  • Keep it up, I love when you break down the hustles and other common occurrences (Scams, regular customers, etc.) that pop up when running a pawn business.
  • Best pawn brother in town . Thank you for the reliable advice my brother 👊
  • @SAMZIRRA
    Sir, this has happened to me. I was walking my dog and a man pulled up along side me in his suv. He started talking loudly at me out the passenger window, "My friend, my friend, I am almost out of gas and I desperately need cash, I don't have my wallet or my id so I can't just pawn all my jewelry." He holds out his hand with a gold chain and some rings, "I can give you all this jewelry for $20! You can easily take it to a pawn shop and get your money back" I told him to eff off. This has happened several times to my neighbors as well. Same guy, black suv, middle-eastern-ish accent. So, the guy trying to pawn that stuff, probably handed over his money right before walking into your shop.
  • @njh4473
    Just subscribed, I love the content so far. Keep it up.
  • @robertK3371
    Hey brother, my wife and I were watching your video on the silver eagles. Just wanted to say great job on picking those up. I wish you and yours all the best.
  • @mikes747
    This nonsense was going on in the uk about 20 years ago. Guys in fancy cars in the service stations selling fake chains and fake watches.
  • @OhSo_Interesting
    Just came across your channel. Keep it up nice content. and great info. you got my sub.
  • @shaneott7660
    I’m 50 and they were doing this when I was in my 20s , we had a store in the mall I believe called chain reaction, where chains were sold on rolls and you bought by the foot lol
  • @user-zz6lx6ej7o
    Now i have bought gold chains stamped 14k that are really 11k or 12k have you ever seen that in your shop? Usually this kind jewelry come from india
  • Your absolutely correct. You should have seen what it looked like with the same nonsense back during the late 70s.
  • @skyelee9398
    Very informative video. I’m guessing it’s around 41 grams in weight and about $2300 🤙 I got taken once like 5yrs ago on a gold ring. $50 loss. New Sub 👍
  • @colinokeeffe321
    They got me on beech 7 yrs ago I paid like $50 bucks I used a lighter to test it thought was good but nope.
  • @johnmalerba804
    last year at a highway rest stop someone tried the same scam on me. He comes up to me with tears in his eyes saying he`s out of gas and shows me like 6 pieces gold jewelry wanting to trade for cash.
  • @hiro0500
    ya i got some guy driving an suv asking for gas money at costco, offer me a gold ring, i said no.