LITTLE HAMMER (Gudbrandsdølen Dagningen): Price growth, inflation, high electricity prices and interest rate increases mean that many people are now looking through drawers and cupboards for valuables that can be sold.
– I have never experienced such a large influx as this year. We are experiencing a doubling compared to last year. Many are also completely open about why they choose to take this step. It could be an unexpected car expense, money to process the loan, buy Christmas presents or pay the electricity bill. It is clearly tough for many people out there, says the owner of Gullsmed J. Frisenberg, Fredrik Frisenberg.
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It is important to get paid as soon as possible
He goes on to say that some are completely determined on the sale of the private valuables, while others may come with uncertainty.
– I try to tell those who are not sure that they should think about it a little more. That they can give it a few days. Others are completely determined and want the money paid out as soon as possible. In any case, the jewelery is stored here for 14 days after delivery, but it is rare that someone has regretted it afterwards, he says.
– How important is it for the customer to be paid as quickly as possible?
– I find that to be crucial for many people. They have happily waited as long as possible to arrive, so when they first stand here with the values in the bag, they are ready to receive a quick transfer to their account. As a rule, they get paid the next day. Then I see relief in their eyes, he says.
– Are they surprised by the price they receive?
– No, I don’t want to say that. I think most people have investigated several places, and have an idea of what is waiting on their account, he says.
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Delivered gold for NOK 267,000
Fredrik says that customers bring, among other things, wedding rings, pendants, earrings, chains and bracelets in both silver and gold. It is the latter that is most valuable. Earlier this year, he was visited by a customer who delivered gold to the value of NOK 267,000.
– Yes, there was a lot of gold and far more than we usually experience. The average of what is sold has been approx. NOK 6,500.
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Two groups that stand out
But not everyone wants to sell their jewellery. Some people hand them in to change the design.
– We see two groups that stand out. They are the ones who need money here and now because it is expensive to live, while others want to change the design. We do most of the work here downstairs in our shop, says Frisenberg.
He says that much of the gold they buy is used in their own production where they still send it for refining. But instead of taking it out in cash, on which they have a small margin, they take the metal in casting granules, plates and wire and what they need in both silver and gold.
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– Although as an industry we do not want high gold prices, as these are our raw materials, if nothing else it gives us a leg to stand on. Another aspect is the environment. We are proud of the fact that we recycle the metals, he says.
He hopes the new year will be different. That he doesn’t have to meet even more sad faces who desperately need money for everyday expenses.
– I hope and believe that the outlook for everyone looks better at the end of next year, he says.
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2023-12-13 18:27:12
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