Author Archives: Ashley Whitfield

Simple Steps To Help You Better Understand Gold

Gold prices seem to steadily rise almost daily. If you want to know how you are able to get involved, know you can sell and buy gold like a pro investor. By following the tips presented here, you can earn a good profit selling gold.

Gold bars are the most economical choice for investment purposes. These come in various weights. Smaller pieces are as little as half an ounce, while others reach hundreds of ounces in size. For the record, four hundred ounce bars are very difficult to find.

Before you buy or sell your gold, make sure you understand how the prices of precious metals work. The value of gold tends to fluctuate, which is why it is important to understand the market trends. If you have gold that does not weigh up to a full ounce, you may receive less than the melt value when selling it.

Why not make money selling your gold to online buyers? You don’t need to have a physical store location anymore. Many websites want to buy gold from you. You can get a kit to send your gold to these websites for money. They will pay you their standard per ounce price for your gold.

You must be sure to purchase the right type of gold if you hope to rely on it in your golden years. For this to be the case, you must ensure that the IRS approves of that type of gold. It needs to be either 24 karat coins or bullion bars. The bars are a better buy than the coins are because they are more likely to retain their value.

If you are interested in investing in the gold market, but do not have lare amounts of capital, consider purchasing scrap gold. If you do this on a regular basis your collection would grow quite quickly. Ensure that the gold is safely stored and secured at all times.

While buying gold is extremely exciting, you need to keep it quiet. You may accidentally be overheard by a thief. Keep your investments personal and protect them at a safe or bank. That way, your gold will always be secure.

Always make sure you’re researching the gold market prior to investing in anything. Many people will offer you their own insights and assure you that they’re providing real investment expertise. But, beware of over the top promises about getting wealthy. Don’t set expectations too high and you won’t be disappointed in your gold investment.

You should appraise your jewelry before selling it for scrap gold. This is an absolute must-do if you are selling unique, handcrafted pieces of jewelry. Even though the appraisal will cost you money, you may get more for your jewelry in return. Appraisers might be aware of someone that wants to purchase your jewelry.

Learn how to verify the quality of gold pieces. Gold is measured by karats. As the number increases, the purity does as well. Do not always trust the karat stamp. When you know how to test gold, you’ll ensure that you get good quality.

One thing to see if you can get cheap gold is to see if you know anyone that has broken jewelry for sale. If you have a decent jewelry scale, you can weigh gold yourself. This way, you pay your family more money than they’d get at a pawnshop and you get to make a few bucks yourself.

After reading this article, your mind should be brimming about ways you can start selling, buying or trading gold. Hard work, good research and smart investments help you make profitable decisions. Just make use of this article’s suggestions to be better prepared.

Let Your Portfolio Shine With These Gold Tips

Gold is really the king of the finance world. Don’t you want to learn more about gold so you can keep a strong grip on all of your investments? No matter what you want to do with gold, you should know as much as you can. Keep reading to learn some more information about the financial investment of gold.

Prior to doing anything with gold, be it buying or selling, you must become knowledgeable about how pricing operates. The prices for precious metals go up and down from one day to the next. Therefore you must find the price on the exact day before you agree to do business with someone. Also be ready to pay increasingly higher percentages above melt values for any gold pieces that are fractional. These include 1/10, 1/2 and 1/4 ounce pieces.

Check out current market values before you ever sell any jewelry. Doing so will help you figure out if a dealer’s offer is a good one or not. Many dealers will pay market value, however others rely on people desperate for cash to get the most for themselves.

When buying gold jewelry as a gift, make sure that the return policy is sound. You can’t be sure when jewelry is liked by the other person or if it even fits them. In those cases, you should return the jewelry for a refund.

If you want to sell gold, make sure the buyer has a state license allowing them to do so. You could still have a problem, but licensed buyers are more likely reputable. There are various people and stores that can buy gold, so do not think that you must go with the first one you encounter.

Although buying gold is exciting, don’t talk to people about this. You may accidentally be overheard by a thief. Protect your gold by storing it somewhere secure. This keeps the gold and you safe under various circumstances.

Gold Market

Be careful before getting involved in the gold market. There are many swindlers to be found in the gold market. Many people want to keep the money you are owed for themselves. Always err on the side of caution, and fully research every option before taking it.

Go over the fine print of the contract offered by your buyer. If you sell gold through a mail-in purchaser, make sure you understand the terms of the deal. In this way you can determine what percentage of your profits will go toward fees and commissions.

Very often earring backs are made from gold even when the earring itself is not. Necklace clasps and ring bands are usually real as well. The weight is low, so sell these items together. A large quantity can assist you in profiting better from them.

If you’re thinking about selling gold online, confirm the prices prior to proceeding. It’s not uncommon to find a gold-buying business in your own town that will pay you more. Mailing it can be more convenient; however, it may not be worth the hundreds more that you can earn in person.

Gold Coin

Many of the best deals can be found by buying gold from the public. However, you should understand the risk involved from purchasing this way. Therefore, it is important to ask for an appraisal of the coin. If you can find someone that will sell you a real gold coin at a low price, you can take the chance and hope it’s a genuine gold coin.

If you have gems in your gold, tell the dealer you would like to keep the gems once the gold has been melted. If the gems are tiny, though, they are going to be hard to remove. Many dealers do not appreciate small gems as they have no value after being melted down.

Gold Coins

One method of buying gold is to buy pre-1933 U.S. gold coins. Gold coins were regularly minted and circulated by the US treasury before that date, when FDR recalled the coins. Some people kept them as souvenirs, and as a result, you can still find them today.

Surely you have learned a lot more about buying gold as an investment. Bear these tips in mind as you find yourself faced with important decisions. Use the ideas and knowledge you have gleaned from this article to create a better financial future.

Gold Isn’t So Hard To Get To Know With The Right Information!

Gold is probably the safest investment you can make with your money. You may be someone that has considered this but haven’t been sure of where to start. Now is the time to start expanding your gold-investing knowledge. This article will give you tips on investing in gold.

Make sure that you get a quality estimate from a reputable source before selling your gold. There are lots of services, jewelry stores and pawn shops that buy gold. Of course, they will want to make a profit when they sell it. Getting multiple estimates gives you a better idea of the prevailing market price, which prevents you from getting ripped off.

Bullion bars are usually the safest way to invest in gold. The weights will vary. From .5 ounces to 400 ounces, the choice is yours. A heavier bar may be more difficult to find, however.

If you’ve been thinking about selling your gold to a mail-in company, take the time to read over their fine print before getting involved with them. Be sure to understand when to expect payment and how to insure your items. Finally, take a picture of everything you are putting in the mail in case there is a dispute later on.

If you have an interest in getting into the gold markets, but don’t have a lot of investment capital, consider buying scrap. After a year of buying a little gold each payday, you could end up with a valuable collection of scrap gold. Store your gold in a secure location until enough to cash in has been amassed.

Know that gold in any form can be sold. Valuable gold can be made into anything that is now broken such as jewelry and any home items that could be around. It also doesn’t have to be 100% pure gold. It could be plated gold or it could be that just a portion of the item is made of gold. It’s still possible to make money this way.

Melt Value

If you are looking to sell gold, the first thing you need to figure out is if you’re going to offer it up as an entire jewelry piece, or seek the melt value. Most pawn shops and gold buyers will purchase your gold jewelry for melt value. However, if you are patient, you will find a buyer who is willing to pay top dollar for your jewelry.

If you send off gold by mail, see how much it is to have it returned to you if the offer isn’t that great. They may not charge you to send it to them, but they could gouge you to send it back. Know ahead of time if you must pay to get jewelry back.

Go through thrift shops and antique stores looking for gold. If you know what you are looking for, there are bargains to be found in such places. People frequently give these things away without understanding their value. Their lack of knowledge can be used to your benefit, if you know what to look for.

You need to know what you’ve got. Everything that appears to be gold isn’t worth its own weight in it. Other metals are frequently put together with gold in order to make it stronger. This will lower the price. Items that are just plated in gold can also be affected. Having an appraisal done to your gold can help you get the best idea of its actual worth.

When at a gold party, talk with the rep about how they make the determination on the karats of the jewelry being sold. Items are usually stamped. But other times, there isn’t any mark of visual cue, so the reps have other alternatives for determining it. One method that can be used is the acid test.

Gold investing isn’t only for expert investors, it can be a great option for anyone who wants to store their money somewhere safe. With the advice in this article you should be feeling confident about your interactions with the gold market. Keep in mind the tips you learned here, to help you.

Good Tips To Use When You Need Information About Gold

Gold is a sound investment decision. If you acquire strong knowledge, it may be possible for you to make substantial profits. This article can help you begin with some great tricks and tips.

When you sell gold, get an idea of value from a number of sources. There are many places where you can buy and sell gold, and they all use different metrics to decide on price. By getting multiple estimates, you can be certain of getting the best price.

Go with a reputable gold vendor when selling. Look them up using the Internet and the Better Business Bureau to find reviews. A buyer with a good reputation is going to give you a better deal for the gold you have, and they probably will have great customer service too. Do this to protect yourself and your gold investment.

Think about selling your gold on the Internet. You no longer need to visit a physical store to buy and sell gold. There are plenty of websites out there you can use to sell all your gold. The website will send special kits where you are to return your gold items. If the transaction goes smoothly, they’ll give you a quote and you can either accept or decline the offer.

Save your money to buy higher quality gold and avoid gold-filled and gold-plated pieces. But, it is still possible to purchase gold jewelry without having to go to a jewelry store and spend a fortune. Pawn shops provide great discounts.

If you plan to invest in gold for retirement, be sure you purchase the right kind. It has to be given the stamp of approval from the IRS. It has to be in the form of 24-karat gold bullion or coins. Buy bars instead of coins to increase your profits.

Make sure that you only deal with buyers that are licensed to deal in it. Licensed buyers will probably be reputable. Many entities buy gold, so you don’t necessarily have to sell when you get the first offer.

GoldMoney can be a good resource when buying gold. It’s like opening a bank account which trades in gold. You will simply establish and account, deposit fund and receive the value of your account in gold. The gold will physically sit in the bank where you can cash it, portion it, or in some circumstances, you can redeem it for gold bullion bars that weigh a kilo.

Avoid letting people know that you are planning to sell your gold. You don’t know who is listening, and you don’t know who you can trust. Make sure you keep your gold investments to yourself and protect them by storing them in a local bank safe deposit box. That will help protect your gold and you at all times.

Gold Market

Be careful before getting involved in the gold market. The gold market has more than its share of disreputable dealers. Lots of people will scam you if given the chance. You have to do your research to keep yourself safe.

You might not rake in the profits, but you will definitely start building. Investing in gold is something that will pay off over time. As long as you do not panic when the market fluctuates, you should see a great return over time.

Investing In Gold And Making A Fortune

If you have wanted to make a gold investment before but have not done so, you are in the right place. Don’t feel intimidated; instead, use the information in this article to empower you to make the best decisions. Continue reading to learn about the many advantages of the gold investment market.

If you are looking to gold as a retirement vehicle, be certain you invest in the proper kinds of gold. Gold as an investment must be designated as approved by the Internal Revenue Service. Only 24K coins and bullion bars are eligible. You should be more inclined to buy gold bars, which hold greater value than coins.

There are many sites where you can purchase gold, such as GoldMoney. You will own some actual gold, but it won’t be in your possession. You simply establish your account, deposit funds and receive an assignment of gold that fits the value of your account. Your gold is physically kept in a vault where it can be cashed in, segmented or redeemed for bullion bars.

Don’t discount the value of looking for gold in vintage or antique stores. You can find bargains in these places. Often people do not realize the value of old jewelry and simply donate it or put it in a garage sale. Reap the benefits from that loss, but only after researching first.

Be cautious. The gold market can have many bad companies out there. There are those out there that will intentionally offer you a much lower price than the gold is worth if you are selling, and increase the price if you are buying. The benefits of caution and careful research simply cannot be overstated.

A cheap and quick way to test gold is to use a magnet. Real gold won’t stick to a magnet. Sometimes, the only thing real about a piece of gold jewelry is the clasp. The magnet will tell you the truth.

Make sure to conduct independent research prior to investing any money. There may be people claiming to be market gurus who are trying to lure you into investing with them. However, you should be leery of anyone who promises you wealth. You will certainly avoid the getting rich quick way of thinking if you have realistic expectations.

A lot of times the backs of the earrings are gold. This is true of earring backings, necklace clasps and the bands of rings. Those odd pieces should be sold as one lot, as they weigh so little on their own. You may get more money this way.

Check with the BBB before you sell gold to a dealer, jewelry store, gold buyer, etc. You will see if there were any complaints and be able to read reviews from consumers who have conducted business with them. Look carefully at complaints and whether they were solved or not. If there are many unresolved complaints, or a huge number of overall complaints, think about giving your business to someone else.

Gold Investing

Now you know how to get on the right track. Gold investing is interesting and can be lucrative. You can easily use the advice to start with it in a more knowledgeable way. With time, you’ll find that gold investing can be very advantageous.

“Golden Advice”: Top Tips For Gold Selling, Buying, And More

Many gold investors do so as a means of having a safe or conservative investment in their overall portfolio. It is generally thought that gold is a good investment in times of economic turmoil. If this is something you’d like more knowledge about, this is the best place to be.

When you decide to sell gold, you should get a few sources to give you an estimated value. Gold buyers and jewelry stores are out to make a profit, so they’ll all pay less than the actual value of the gold you’re selling. By getting multiple estimates, you can be assured that you will get a fair price when you sell.

Gold prices fluctuate on a regular basis, so make sure you have up-to-date information about gold prices before selling something. When selling gold, be sure that items of differing karat values are weighed separately. Because the jewelry you sell will be melted down, keep pieces that are more valuable because of the designer name.

Before you get into investing or selling gold, it’s best to understand how it works. Silver, gold and platinum prices vary from day to day, so spot check a price on the day you plan to do business. You may have to pay higher prices, though, for pieces that have a small fractional measurement.

Gold is high in price, and this deters some. You might choose gold-plated or gold-filled pieces instead of ones that are full gold. You do get to buy gold jewelry without spending a ton at an actual jewelry store. Find cheap gold in pawn shops or online.

Anything that is gold can be sold. You could, for instance, sell some broken jewelry, some tableware, gold coins or many other objects. Even things that are not pure gold can have value. A gold plated item or an item that is not entirely made from gold is still valuable. You may still get a little of your initial outlay back.

Even though gold buying can be thrilling, try not to talk much about it. You can’t be sure who’s listening or who is trustworthy. Keep your investments safe and secured in a bank or home safe. That will help protect your gold and you at all times.

Think about shopping thrift and antique shops to discover gold treasures. You can find gold in unexpected places, but you have to know what to look for. Usually, you will see donated items of great value because people are unsure of their cost. You can gain from their loss!

Be knowledgeable about market prices before you accept someone’s offer to buy your gold. Try to compare what similar sized pieces are selling for. This will give you a price point to work with. You should always ask for a slightly higher price so you can negotiate with the buyer.

A fast, cheap way to test for gold’s authenticity is to use magnets. Precious metals like gold are not going to be attracted to a magnet. Sometimes, the only thing real about a piece of gold jewelry is the clasp. Using this technique will help ensure your pieces are solid gold.

In order to become a great trader, you need to learn how gold is tested. The purity of gold is measured by karat. Purity will be indicated by higher karats and a higher price. You cannot just go by the karat stamp. Understanding how you can test gold’s purity will help ensure you never overpay.

Obviously, it is important to sell your gold when the price is peaking. Stocks change in price every day. When you are familiar with the way the market works, you find it easier to generate profits. When the stock market is rising, a sale of gold coins will be profitable too.

When you know how the gold market goes, getting into it is simple. Since you just read about great tips on gold, there really is nothing preventing you from jumping into this market. Remember to make full use of all the information at your disposal in order to make savvy investments.

Use These Ideas And Increase Your Gold Knowledge Today!

Gold is a historically highly sought after metal. Since it was discovered, people have been interested in gold. If you are looking to invest in gold or perhaps buy a some gold jewelry, then here are some tips to help you get the most value for your money.

Precious Metals

Learn how precious metals are priced before you trade in gold. The prices of precious metals fluctuates daily, so it’s best to know the price of the day. A higher percentage over the melt should be expected when purchasing fractional gold pieces such as 1/2 or a 1/4th ounce against a one ounce piece.

Check the current price in the gold market before you sell your jewelry. That way you will be able to ascertain if a dealer is providing you with a fair price or not for your pieces. A lot of dealers provide you with market value, but there are some who will just assume you want quick cash and will make a deal that is best for them.

If you are buying gold jewelry as a gift, make sure you have a money back guarantee. It is impossible to tell if a jewelry item will be well liked or suitable. By ensuring that the dealer offers a return policy, you can help protect yourself.

Melt Value

If you’re selling a gold item that has value beyond its weight in gold, you need to choose whether to sell the piece for its intrinsic value or its melt value. Pawn shops and many private sellers are only looking to pay the melt value. However, if you are patient, you will find a buyer who is willing to pay top dollar for your jewelry.

When sending off your jewelry, you need to consider the shipping cost to you if you’re not satisfied with the offer given. A lot of companies say they offer free shipping, but if you refuse their offer they charge a great deal. Know what you’re up against before you mail anything away.

You don’t have to own gold to invest in it. You can invest in gold mining stocks or purchase shares in an exchange traded fund or mutual fund that focuses on gold. If you buy physical gold, keep storage costs in mind.

Don’t sell gold out of desperation if you can help it. Take the time to research gold prices and sell it when the price is at its highest. The longer you can retain your gold, the more benefit you will obtain.

When selling gold, separate it into groups with different karat values. Gold values vary based on karat weight, so lumping different weights together will result in a reduction in the price received. The higher the karat value, the higher the value of your gold.

During the last decade, the value of gold has risen by four-hundred percent. This is good news for people who want to sell their gold. The ideal time to buy or sell will depend on the strength of the dollar. Generally, a weak dollar equals strong gold prices.

Now you know about the absolute value of pure gold and why it’s treasured by many people. Not only does gold look beautiful when worn, it is always a very worthwhile investment. Use these tips and invest in gold right way.

Become An Expert In Gold By Using This Advice!

Gold has been a popular way to hold on something of lasting value for a long time, but its popularity in the current market has increased because of the shaky economy. Use this article to learn how to profit from buying and selling gold. Read on for some excellent advice.

Get a value from a few buyers before selling your goal. Gold buyers and jewelry stores are out to make a profit, so they’ll all pay less than the actual value of the gold you’re selling. Getting multiple estimates helps you get a fairer price on your gold when selling it.

Gold bars are the most economical choice for investment purposes. These bars are available in a number of different weights. They can range from a half an ounce to bars that weigh four-hundred ounces. Be aware that if you are looking for the biggest bars, you will have a difficult time locating them.

When entering the gold market you will want to have an idea on how the precious metals prices are determined. With silver, platinum and gold the prices vary wildly throughout the day, and in order to get the correct price you must spot check it on the day before making a purchase. You may be required to spend more on melt values if you are working with fractional pieces. You might pay more for something that is 0.25 ounces versus something that is 1 ounce.

You should always ask for timely delivery when purchasing some gold from a reliable seller. If the seller does not provide immediate delivery, you must get some kind of writing from them confirming when you can expect to get your pieces. The expected date must be listed. Only make the order if you have such a document.

Be sure you research a company before sending them gold in the mail. Know exactly how much money you can expect to receive, and make sure that the package you send them is insured. Take a photo of all the items you are sending so there will be no questions later.

When you’re selling your gold, you have to do the proper research. Look around to understand what people are asking for similar pieces. This will allow you to have a price in mind you can work with. Request a bit more than you will settle for to give yourself some room to bargain.

Prior to coming to any decisions with regard to a gold buyer, shop around. The offers may be hugely varied. Selling your gold to the first dealer you see could result in a very lousy deal. Take your time to help you net the most cash.

Research how the gold market is doing before investing. You will find that there are fraudsters waiting at every corner wanting to take you for a ride. Be skeptical of “get rich” schemes. If you do not buy into the premise that you will get rich quickly, then you won’t be disappointed.

Gold is an excellent way to solidify and secure your wealth. The poor economy in recent years has only boosted this trend. Hopefully, you’ve found these tips useful and can now start delving into your own gold investing.

Great Advice On Dealing With Gold

Shaky financial conditions everywhere have prompted interest in gold investing to spread. But, even experienced investors can be confused about the gold market. Read on to learn more about gold and how you can profit from it.

You can’t beat bullion bars for a solid gold investment. There is a great variety of different weights. There is a choice of half-ounce and then up to 400 ounce bars. The larger bars can be very difficult to find.

Gold’s price is always changing, which makes it important to know your piece’s value before selling it. If you choose to sell any gold, keep in mind that pieces that have different karat values need to be valued and weighed separately. You should not sell jewelry as gold scraps if its worth is higher because of the brand or design.

If you are interested in trying gold as a commodity, but you are short on capital for investment, start out with buying scrap. Just keep buying a little every time you get paid, over a year or two you will accumulate quite a little pile. Keep your stash in a safe place until you have enough of it to cash in.

Compare different gold buyers if you want to sell some gold jewelry or gold scraps. Bear in mind that the market price for gold you can find online (the “spot”) is only an average; different dealers will offer you different prices under (or even over) the spot. Stores not inside major shopping malls might have lower rent and overhead, and so can pay you more.

There are places you can send you jewelry to get paid. See how you can get your gold back if you don’t like the offer. Most companies will give you free shipping to them but charge you an arm and a leg for return postage. Understand what you will have to pay if you don’t like their offer. Protect yourself.

Enter the market carefully. There are many swindlers to be found in the gold market. Despite your best efforts, some buyers and sellers are more than happy to cheat you wherever possible. Always err on the side of caution, and fully research every option before taking it.

Research the daily spot price before you sell your gold. You also ought to do some comparison shopping when it comes to assessing price on similar items. Doing this will provide you with a helpful price to work around. Start the bidding a bit above what you really want. That way, the buyer can negotiate a little.

Use a magnet if you want a cost-effective way to determine whether or not the precious metal is real. Gold and other precious metals are non-ferrous, so they won’t be attracted to a magnet. In some cases, only an item’s clasp is solid gold, while the remainder is merely plated. A magnet is an easy way to test.

You can’t deny the influence of gold as a way to secure and solidify personal fortune, even for the most modest. In order to successfully trade gold, however, one must know a great deal about the process. The preceding article should have provided precisely such information.

Expert Advice On How To Become Gold Savvy

Gold has been treasured for thousands of years. Outside of buying jewelry, few people know how to invest in gold. This article will help you learn about buying and selling gold.

If you’re unsure what your gold might be worth, then have an appraisal done. This may cost a small fee, however it is crucial if you want to know the true value of your item. You will want to find someone who is accredited in gold appraisal to get the proper value of the piece. Remember if you sell, you will not receive the full price of the appraisal.

When you’re dealing with any type of gold it can be of valuable to someone that buys it. This could be jewelry pieces which are broken, home decor, tableware or any other gold items you have around. Note that these items need not be pure gold. A gold plated item or an item that is not entirely made from gold is still valuable. Any amount of gold will get you back a nice amount of money.

Melt Value

When selling gold, you must decide whether you’re selling a piece for its melt value or just jewelry. Most pawn shops and gold buyers will purchase your gold jewelry for melt value. Don’t give up; eventually, the right buyer will come your way.

As exciting as buying gold can be, avoid telling people about it. You may accidentally be overheard by a thief. Keep your investment to yourself and under lock and key, either with a bank or in a good home safe. That way, your gold will always be secure.

Use a magnet to quickly determine whether an item is really made of gold or another precious metal. Gold and other precious metal will not be affected by a magnet, which means that they won’t stick to it at all. Check the chain as well as the clasp for an accurate reading. Using this technique will help ensure your pieces are solid gold.

Talk to someone at a gold party to learn how they figure out the number of karats in a jewelry piece. Many items are stamped. Other times, though, there are no outward signs, and therefore representatives rely on other techniques. One method that can be used is the acid test.

You must know what investments to make before you actually start investing in gold. There will probably be people saying that they know what they’re talking about just so you’re likely to invest with them. You must be extremely careful about any promises concerning getting rich quick. Don’t overestimate how quickly gold will get you rich.

Always understand what you are signing. Read any materials the company you are sending your gold to provides you with. This helps you see how much is paid toward commissions and fees.

One choice for selling gold is sending it through the mail. This is an easy way to get the job done. You receive a postage paid envelope, place your items inside, ship it and wait for a check in the mail. But, keep in mind that you may not get as much money this way. Keep in mind that you could be looking at a return of 30% less than other options.

Gold is an excellent investment since it can easily be traded and retains its good value. Gold holds its value, and over time it will increase in value. Now that you’re more knowledgeable about gold, you can begin making a collection today.