POMPANO BEACH, FL--(Marketwire - March 27, 2009) - When Cash4Gold was launched in early 2007, nobody knew that it would eventually become America's #1 buyer of precious metals direct from the public.
Cash4Gold started as a division of Albar Precious Metals. At that time, Cash4Gold founder Jeff Aronson was in the process of growing Albar into one of the most successful metal refineries in the nation, refining approximately 300,000 ounces of silver and 10,000 ounces of gold each week.
Over time, the public discovered how to use Cash4Gold to find value in their old gold. As a direct to consumer refinery, the company's success grew from the simplicity of its process. Cash4Gold customers package their gold items in the company's signature secure, insured and postage-paid envelope which is shipped to Cash4Gold's headquarters. Upon receipt, the company uses state-of-the-art methods to assess the value of the items in the package and promptly sends a check to the customer. If a customer is unsatisfied with the amount of the check, Cash4Gold returns the items in keeping with its 100% Customer Satisfaction Guarantee.
Eventually, Cash4Gold was spun off as a separate entity from Albar Precious Metals. As Cash4Gold became increasingly successful, Albar helped the new company to take the next step and Albar sold Cash4Gold the heavy machinery it needed to expand its operations and enjoy the benefits of being its own full service refinery.
With more than 700,000 successfully completed transactions, Cash4Gold is meeting the needs of hundreds of thousands of consumers thanks to the heavy machinery purchased from Albar Precious Metals.
Cash4Gold Founder Jeff Aronson started Albar Precious Metals, Cash4Gold's parent company, in 2001. In April, 2007, Aronson created Cash4Gold as a direct-to-consumer refinery and spun the company off from Albar. Today, Cash4Gold is headquartered in Florida and led by Jeff Aronson and President Howard Mofshin. Cash4Gold is one of the largest refiners of precious metals in the nation and it employs more than 350 people. Additionally, Cash4Gold is the most prolific purchaser of gold, silver and platinum from the general public. Cash4Gold is a fully-integrated company with a robust front-end customer service operation, as well as a marketing team and a back-end refinery. Cash4Gold's proprietary process has revolutionized refining with innovations in logistics, marketing and customer service. Since its inception, Cash4Gold has satisfied hundreds of thousands of customers by paying millions of dollars for their scrap gold. Cash4Gold has become known for its popular television and radio advertisements. For additional information about Cash4Gold, please visit Cash4Gold.com or call 1-877-GOLD590.