As gold continued its meteoric rise into the high $1,700s, GoldFellow® was featured on NBC Miami’s Evening News. The video above show’s NBC reporter Amara Sohn’s interview with Steven L. Hansen, GoldFellow® president and a 25+ year “gold man”.

Whenever the price of gold makes news, consumers become interested in selling their unwanted and scrap gold.  As a nationally recognized gold buyer with a reputation for honesty and transparency supported by an A+ rating from the Better Business Bureau, GoldFellow® is often sought out for comment on the consumer side of the gold story.  In recent weeks, company president Steven L. Hansen has been interviewed by CNN Money, National Public Radio’s “On Point” and NBC Miami.  GoldFellow® provides the main street perspective, providing balance to the larger gold story.

So, on August 9th, 2011, as the price of fine gold continued to soar into the high $1,700s per Troy ounce, NBC Miami Reporter Amara Sohn paid a visit to GoldFellow®’s Weston, Florida headquarters.  Her story: Market Insecurity Drives Gold Rush: A Weston cash-for-gold firm is seeing the effects of insecure investing can be found on the NBC Miami website.

According to Hansen’s interview, whenever gold prices hit newsworthy benchmarks, GoldFellow® sees a 20% spike in business.  Some cash for gold sellers are as Hansen described in his interview – people who need the money for some other purpose.  But, when gold prices climb to never-seen-before- highs, a segment of gold sellers are people hoping to cash in on earlier investments in gold coins and gold bars.  GoldFellow® pays some of the highest prices in the industry for one-ounce gold coins like US Eagles, Canadian Maple Leafs and South African Krugerrands and many of these items can be seen on display in the video.