Oren Cash for Gold Review

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Place Category: Cash for Gold

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  • Oren Fine Jewellery and Oren Cash for Gold (“Oren is Better”) are a Toronto cable television staple. The owner, one Mr. Oren K, offers several services including loans. Oren has some very mixed reviews on the internet. See Yelp’s negative reviews,  and n49’s mixed bag. The trouble with looking at most of these is that marketing companies can often prop up negative or positive ratings (depending on who’s paying). Based on our research and experience, Oren’s is a reasonably average cash for gold store. We are basing our Oren Cash for Gold Review on five points: Price Paid, Service, Store & Location, Transparency, and Value Added Services.

    The Benefits of Visiting Oren Fine Jewellery

    First of all, the location at Sheppard Ave. and Allen Rd. is great for customers in North York, and also convenient for anyone who can get to the highway. Second, this is exactly the kind of place you want to go if you are comfortable bargaining hard. You can get a good price for your jewellery, but you will not get it off the bat. The nice thing is that once you have agreed, you will get your cash immediately and can leave. Unfortunately, as with most such businesses, you are unlikely to get a receipt or document you can bring home and compare. The store itself is about industry average for a more well known but local store. What we do like is the fact you can buy, take loans, and get appraisals here. 

    When Will Our Oren Cash for Gold Review Improve?

    Oren needs to work on two things. The first of these is paying more to his customers. No one is saying that you can’t make a profit. The thing is that most people coming to your store will have probably done some research. The ones that have not probably will, after the fact. Cash for gold is today one of the toughest places to have a margin because of the overwhelming competition. Consider the business you might get for your other products if people were genuinely satisfied.

    Second, not everyone is going to be satisfied, but the amount of stories we found where employees were not dressed acceptably was awful. Moreover, bargaining is fine. If you do it, however, be sure you can read the who is and who is not looking to bargain. Canadians are generally considered some of the politest people. Most Canadians want to be given a fair price and do business. They don’t want to haggle, see their jewellery taken to the back room, or watch you call your boss.

    Any positive Oren Cash for Gold Review you find online is marred by the negative ones. That’s the trouble with trying to maximize profits at the expense of your customers. If you do that, they will leave a negative review, tell their friends bad things, and not come back. If you can avoid this, pay at least 80% of the re-sale or melt value (whichever is higher), and continue to improve the look of your store, you will have a much better chance at moving up the ranks of Toronto’s Gold Buyers

    You will find Oren’s Fine Jewellery at 900 Steeprock Dr., in Toronto, Ontario. Before going, it usually helps to call. You can reach them at (647) 234-2274. 

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    2 Reviews on “Oren Cash for Gold Review”

    1. Alex Oren Cash for Gold Review
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      A friend had warned me that these places are usually very shady and I’m glad I received that warning as the individual who was evaluating my gold pieces was very blunt and sketchy. I asked that they keep my items with me and not test the gold rings or earrings without me seeing it (they had obvious stamps) but they refused and “had” to take it to the back room. My experience was really uncomfortable over at Oren Cash. I wouldn’t recommend this place to anyone.

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