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Tesco Supermarkets Will Buy Customer's Old Gold Jewelry

The business of selling gold has come to the supermarket, at least in the UK. Supermarket giant Tesco launched a gold exchange program online and in stores that allows customers to turn in their gold jewelry and receive cash deposited directly to their bank accounts. According to reports, the program, which began in November, works similar to other mail-in programs which have potential customers sending away unwanted or damaged gold jewelry in a prepaid package. After the package is evaluated the customer receives an offer letter and can choose whether or not to accept. Valuations are not done in the stores.Tesco's website says it will pay £7.81 per gram of nine carat gold. It will also accept gold coins. Like many services, the Tesco service does not compensate for stones in the jewelry so this is best of chains and other pieces that aren't set with stones which could be valuable.

Protests Planned for Aston Martin Factory Auction

Filed under: Luxury Cars & Autos, Auctions, Events



Classic car collectors in England have come to know Bonhams' auction at the old Aston Martin factory in Newport Pagnell as a significant event on the calendar. Always packed with a mouth-watering selection of classic Astons and Lagondas, the Works Service auction has raised some £14 million in sales over the past ten years. But this year the prospective bidders are in for another surprise: protestors.

Aston Martin moved its production facilities to a new factory in Gaydon two years ago, leaving the old historic Newport Pagnell facility to its classic maintenance and restoration division. But the Works Service only needs so much space, so part of the compound is earmarked to be converted into a Tesco supermarket. Historic automobile enthusiasts find this disgraceful, and intend to bring it to the attention of the marque's devotees this Saturday when they arrive for the auction, which will feature a rare 1970 Aston Martin DB6 Vantage Volante expected to fetch over half a million dollars. Follow the link for more information.

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