Vintage cash cow

[Imfat]

A few years ago I sent off old broaches and beads from my late mum. I received about £300.

Wednesday I sent off a few coins, obsolete foreign bank notes. Old cheap watches and a few other things.
Just had my offer of £499. I'm in shock as I thought it was all rubbish.
Maybe I could have tried to sell everything myself but that would have taken a lot of time.

Have you had dealings with vintage cash cow and were happy with the offer.

Yes and no not at all. Or their attitude to sending things back. Is this an ad?

Never used them and no plans to do so. Anything I want to sell goes to a reputable auction house.

There have been other threads this year on vintage cash cow. Look them up - you might find them useful. However I dont think anyone has been offered the sums you disclose for a few bits.

This is not an ad. And I have really received the money. Today's went in my bank at 2.30pm..
The things I sent didn't seem to be valuable to me. I'm happy just to get rid of clutter.

I took some bits to a local jewellers yesterday and came out with £820 in crisp £20 notes.

Was also super helpful regarding what could be repaired and was worth keeping.

Going to spend the weekend digging out more unwanted gold and silver pieces.

I've heard that they do not pay well, so you must have had some good items, OP.
Best to take to auction, as pp said. I took some to one of those high street buyers, they weighed and evaluated the gold and gave a price I was really happy with.

I never understand how they can insure boxes sent to them for up to £10,000 - what would happen if it got lost in transit before they were able to see and value the contents?!

They had a full 3-minute advert on TV today - granted it was Channel 5, but they must have to find the money for all of those adverts somehow!

I think their model probably works around people getting rid of what they see as old junk, and being delighted to get anything for it. I rather think it would be a very different matter if you knew you had something worth approx. £X and sent it to them, expecting to be offered around that value.

I wouldn’t use them: sent them a box full of things, 2 diamond rings cost £1500 each. A gold wedding band and engagement ring, some silver bits, a Tiffany necklace in box, 2 pandora bracelets full of charms and a lot of other jewelry kind orla Kiley watch and Vivian Westwood necklace and got a paltry offer of £435! Asking for it back and will try my luck locally or on vinted

Give me more information on my items for sale

I would, but my crystal ball is in for servicing. Would you like to give a little more information?

Saw a press article a while back, where the same items were valued / offered on by different services, jewellers etc., and Vintage Cash Cow was the lowest. I think always get your items valued by a number of options, and don't assume the one that advertises the most is the best.

If you got paid that well it means your items were worth at least 5 times more.

Normally they pay pittance compared to actual market price.

I have used them to get rid of some late fil’s stuff.

He was a bit of a hoarder so used them
for the stuff not worth selling separately/Ebaying/cash for gold etc.
They wouldn't be my first choice for anything you know is valuable like antique jewellery or the family silver but certainly have a place if you have a large volume of low individual value miscellaneous items that would take forever to sell on fb or Ebay .

I think a lot of it will be about their required margins, which will naturally be magnitudes higher than many people may appreciate - not least because of paying for the many (long) adverts, paying for the postage and insurance and being relatively flexible in what they allow people to send them - i.e. if you send them 20 items and 18 of them are worth a couple of quid or so at best, that means that what they make from the two valuable items has to also cover their time and costs/losses in processing and moving on the rest of the near-worthless stuff.

Also the national nature of their enterprise... it isn't just a little local market stall that somebody has set up to make a few hundred quid a week, but they clearly intended from the start for it to be a large-scale, high-turnover and high-profit business.

It's possible to go the other way too, as many people do on Dickinson's Real Deal. They're told that something might have a value of, say, £250-350, and they will instantly expect the dealer to pay them £350 - "because that's what it's worth" - and will even then often push for "just a little more?", without any thought to the dealer putting in the time in finding a buyer, risking making a loss or not finding a suitable buyer at all, and actually needing to make a profit from doing what is after all their livelihood!

Sorry to quote the whole post. I sold them a box of misc stuff. Before they would let me send i had to have a conversation about what was included. So although included on their website as acceptable not everything was. So they pre-screen. I was happy with my offer, but I had already tried to sell through other methods without success. So anything was better than nothing.