Travellers cheques are usually quite difficult to change now, gold shops will not normally change now. Unless they either charge a hefty commission or give a lower rate, which really equates to the same, less for your money. Banks also charge commission to change these and I would guess the change offices would. Anyone, gold shops, hotels etc will have to pay a fee to change travellers cheques, so will obviously pass this on.Think cheques in any form will soon be a thing of the past. They will join the ranks of, did you remember.... and so you must be very old....!