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Place Category: Cash for Gold
Canadian Asset Buyers & Fine Jewellers were founded in 2011 as a division of M & F Gems. Mr. Michael Stern, who has been appraising jewellery for over three decades, is the owner. The individuals we spoke to had mixed reviews. The value in this cash for gold enterprise is that they know what they are doing. The down-side is that if you do not, you are likely to be facing a stiff bargain. Christine R.’s review on Yelp can be summarized as bring brushed off.
Is this atypical? Not quite. In fact, 221 Victoria St. (along with 21 Dundas St.) houses a number of smaller bargain-based enterprises. If you are in the ‘friend or family’ group, this is a good place to go. Otherwise, we certainly recommend doing your homework before engaging services in either of these buildings. Our Canadian Asset Buyers Review is based on five factors: Price Paid, Service, Store & Location, Transparency, and Value Added Services.
Good Things to Say in Our Canadian Asset Buyers & Fine Jewellers Review
If you know what you’re doing, they will settle with you on a fair price. That’s better than most Jewellers you will find on the street. What we really liked are three things. First of all, the location is convenient. First, you are within five minutes of Dundas Station. Second, you are within five minutes of countless cash for gold shops. Third, the appraisals and related services, i.e. custom jewellery and repairs, are great.
Two more points. We like the up-front valuations. There are no phone calls or taking things to a mysterious room. Also, we cannot comment positively or negatively on their other Asset Buying services. As far as we know, there add value, although as branches of the cash for gold system.
The Challenge of a Brighter Tomorrow
Canadian Asset Buyers is a smaller company competing in a highly competitive market. Gold.TO loves value added services because at the end of the day, that’s such a great way to stand out. Generally, we find that the jewellery world, and especially cash for gold businesses, can be tough and two-faced. Perhaps that’s why Toronto was reviewing it some years back. A sustainable business model is hard to suggest here because it does not seem like buying gold and jewellery is their main business. The fact is that there is only so much money in low-margin commodity recycling (what you are really doing when selling gold). All we can say is that you should not expect Tiffany treatment.
If you’re looking to stop by, head to Suite 102 at 221 Victoria St. W., in Toronto, Ontario. Be sure to first give them a call at (416) 947-0445.