Cash-strapped Brits are flogging their gold teeth to pay bills, industry experts claim
DESPERATE Brits are flogging their gold teeth to pay their bills, industry experts claim. One company boss says he is receiving 12 bags of metal gnashers a wee...
DESPERATE Brits are flogging their gold teeth to pay their bills, industry experts claim.
One company boss says he is receiving 12 bags of metal gnashers a week as people scramble for cash.
Jon White, of Gold Traders, said of his clients: “Some have resorted to removing gold crowns to raise cash to pay bills, which is distressing.”;
He added that his firm in Royal Wootton Bassett, Wilts, is currently buying around £100,000 worth of gold every day.
The price of the precious metal has risen 50 per cent in the last two years to £2,300 per ounce.
And US policies under Donald Trump could see “safe bet”; gold’s value rise even higher, analysts say.
Mr White added: “We’re about to hit April when people’s bills will go up so they have to find more money.
“Trading in their gold is a good option.”;
Among items cash-strapped Brits are selling include wedding rings, charm bracelets, gold sovereigns, and a “steady increase in gold teeth”;.
Mr White added: “Our team primarily handles jewellery and gold coins that members of the public have stashed away for a rainy day, but we do buy gold teeth and other medical scrap metal from dentists.”;
Desperate Brits are flogging their gold teeth to pay their bills, industry experts claim