A pawn shop at night in the rain. A glowing yellow sign reads WE BUY GOLD above a barred window full of jewellery and clocks. A red neon glows at the right edge.

Cash paid on the spot · All night

Cash now.No questions.

$WEBUYGOLD is the sign on every street corner. Now it's a coin. Put something on the scale and see what we would pay.

Buy $WEBUYGOLDGo to the counter

Sold: 0 · Cash: $0 · Window shopper

The counter · Appraisals while you wait

What would we pay for that?

Pick something from your pockets. We weigh it, test it and name a price. The price is always the same share of what it's worth.

Gold 40%Silver 40%Watches 40%Teeth 40%Anything shiny 40%

Your pockets

Eight things. Some are gold. Prices are pretend: $100 a gram, and we pay 40%.

The scaleNo ticket yet

Weight--.-- g
Test-----
We pay$0.00Nothing on the scale yet.

Put something on the scale.

Items sold 0Cash received $0Worth $0Left on the counter $0

Schedule A · The numbers behind the sign

Every counter has its price.

Four figures from consumer tests, company records and one very bad Easter weekend. Each one links to where it came from.

KGTV · San Diego

$7.91

What a mail-in buyer paid for a ring holding about 2 grams of gold, worth around $17 by weight. KGTV in San Diego sent it to three buyers.

Read the source

Reported payouts

20–80%

The share of melt value the company said it paid. Independent reports put the usual payout under 20%, against an industry norm above 90%.

Read the source

Scale · 2009

800,000

Customer transactions the same company had handled by May 2009.

Read the source

City AM · 2017

£7m

More gold a woman told police in 2017 she had only just realised was missing from her Hatton Garden box, on top of the £14m.

Read the source

Exhibits A to D · Filed at the back of the shop

Real offers. Real gold.

Four true stories about what gold is worth on one side of the counter and on the other. Every exhibit links to its source.

Exhibit A · Consumer ReportsMagazine test

Pendants bought for $175 drew mail-in offers as low as $7.60.

Consumer Reports bought 24 identical gold pendants and chains at $175 each and sent them to Cash4Gold.com and its competitors. Each held about $70 of gold at a price above $900 an ounce. Cash4Gold.com quoted $7.60 to $12.72. Pawn shops and jewelry stores quoted $25 to $50.

The gold was worth about nine times the lowest offer.

Read the source
Exhibit B · BBC NewsbeatNov 2009

A £300 parcel of gold came back as a £63 cheque.

BBC Newsbeat sent gold to a mail-in buyer. An independent bullion dealer in Mayfair valued it at about £300, and three Hatton Garden jewellers offered similar amounts. The cheque was £63. When the researcher phoned to get the gold back, the offer rose to £100.

Same gold. Different counter.

Read the source
Exhibit C · Hatton Garden · LondonApr 2015

Thieves emptied 73 safe-deposit boxes over one holiday weekend.

Over the Easter weekend burglars broke into a basement vault in London's Hatton Garden jewellery district and ransacked 73 boxes, taking gold, platinum, jewellery and cash. Prosecutors put the haul at about £14 million and called it the largest burglary in English legal history. They said at best about a third of it was recovered.

In 2017 a woman told police she had only just realised £7m of her gold was missing too.

Read the source
Exhibit D · Super Bowl XLIIIFeb 2009

A 30-second ad cost about $2.4 to $3 million. The company's assets later sold for $440,000.

Cash4Gold ran a 30-second spot in the Super Bowl starring Ed McMahon and MC Hammer. Sources put the cost at $2.4 million to $3 million. By May 2009 the company had about 300 employees and nearly 800,000 customer transactions. It filed for insolvency on November 9, 2012, and Direct Holdings Global bought its assets for $440,000.

A sign is cheaper.

Read the source

Ticket desk · printed in your browser

Keep the ticket.

Sell something at the counter and your last sale is printed here. Put a name on it, download it or post it. It is a joke ticket and redeems nothing.

Name on the ticket

Walk-ins welcome

Share on X

Sell something at the counter to fill in the ticket.

Notice to customers

  • It is a memecoin. Nothing more.
  • We don't actually buy your gold.
  • No questions asked. No answers either.
  • Prices go up and down.
  • Take a ticket
Duplicate ticketKeep for your records
Ticket
WBG-0001
Customer
$WEBUYGOLD
Item
Everything
We pay
40%
Redeem by
Never
Contract
Paidcash