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Stores question sellers to crack down on stolen gold

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Posted: Aug 16, 2011 5:47 PM by Rachel Frost
Updated: Aug 16, 2011 5:51 PM
Source: WBRZ

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Topics: store, gold, sell, buy, stolen, jewelry, coins

BATON ROUGE- Getting cash for your unwanted gold and other precious metals may not be as easy as you think. Some gold stores in Baton Rouge are questioning customers to avoid buying something that's stolen.

The Baton Rouge Gold Market at the Mall of Louisiana offers sellers a hand-written check rather than cash.

"Someone is less likely to sell us something that is stolen if they know they have to go some place and either sign their name on the back of it or show an identification," Brandi Miller, General Manager of Baton Rouge Gold Market and Louisiana Gold Market, said.

The store also reports every item it buys to authorities at the end of each day. Still, police say it's hard to track the stolen items.

"If you have a couple of gold chains stolen during the course of a burglary at your home, if they're just your standard gold chain, they're impossible to trace," Sgt. Don Stone, Baton Rouge Police spokesman, said.

Gold is currently worth nearly $1,800 per ounce.

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