LA Cash for Gold buys precious metals and certified coins in Pasadena, California, offering 75-90% of spot prices with real-time price transparency.
Editorially reviewed by Harvey Brooks
LA Cash for Gold was founded in 2007 after the founders researched the cash-for-gold market and identified a gap in transparent, fair-priced precious metal buying services. The company operates as a precious metals buyer specializing in gold, silver, and platinum jewelry and certified coins in the Los Angeles area, with a physical location in Pasadena, California.
The company's primary service is purchasing precious metals directly from consumers. They offer live price charts displaying current spot prices for gold (multiple karats from 10K to 24K), silver (various purities), and platinum. Customers can check real-time payout prices by weight measurement (grams, DWT, ounces) and sell items including wedding bands, bracelets, necklaces, and certified coins (NGC and PCGS certified U.S. coins). The business operates by appointment only and provides transparent pricing based on market conditions.
LA Cash for Gold distinguishes itself through claimed competitive payouts (75-90% of New York Spot Price versus industry standard 20-50%) and transparency via their live price calculator website. They emphasize honest dealing and market-rate transparency, displaying current spot prices on their website updated in real-time. The company specializes in NGC and PCGS certified coins and claims to offer fair pricing based on mintage and condition.
However, several limitations exist: the business operates appointment-only (not walk-in), has limited geographic service (Pasadena/Los Angeles area only), and website testimonials appear to use placeholder lorem ipsum text rather than genuine customer reviews. No third-party verification of their claimed 75-90% payout rates is available on the website. The company's claim about being founded due to lack of market transparency in 2007 is unverified.
Yes. Cash For Gold is a registered company headquartered in 1890 S Western Ave, Los Angeles, CA 90006. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
LA Cash for Gold is best for Los Angeles-area residents and collectors who want to sell precious metals or certified coins with transparent spot-price visibility. The main caveat is that appointment-only service limits convenience, testimonials lack credibility, and the company's payout claims lack independent third-party verification.
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