MADISON, WI (WTAQ) - With gold prices climbing, more Wisconsinites are rushing to sell their unwanted rings and trinkets.
While the offers they get may vary, at least they’re getting a fair shake on the weight of the gold they’re selling.
State consumer protection officials checked 130 scales at Wisconsin’s precious metal dealers – and only one ripped off the consumer by understating the items’ weights. Jerad Albracht of the consumer agency said the others either showed exact weights, or they had errors in the customers’ favor.
It’s a compliance rate of over 99 percent – and Albracht says its remarkable, considering that the state normally sees compliance rates of over 90 percent for gas pumps and grocery scales.