Author Archives: Ashley Whitfield

Good Tips To Use When You Need Information About Gold

Many people love gold, but don’t know much about it. Without the knowledge, it can be difficult to take full advantage of what gold can do for you. You will find this article useful if your knowledge about gold is scarce.

Go with a legit buyer if you’re selling gold. Check BBB.org to find out more about the firm. A legitimate buyer will pay you fairly for your gold while giving you great customer service. Protect your interests and your gold by doing this.

Think about selling your gold online. There’s no reason to confine yourself to brick-and-mortar stores when selling your gold. There are dozens of reputable websites where you can buy and sell gold. Such sites will send kits in which you mail back your gold. If the transaction goes smoothly, they’ll give you a quote and you can either accept or decline the offer.

You may be put off by the price of gold, making you go with gold-plated or gold-filled jewelry instead. You can still buy gold jewelry without spending a fortune at a store. Pawn shops can offer many good deals and there are also many online buying options.

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. Find a secure place for your stash until there is enough for you to cash it in.

If you don’t know what your gold jewelry is worth, consider having an appraisal done. This can cost you a little initially, but you want to know right? Use a licensed appraiser only. Remember, though, that you won’t get the appraiser’s price for your gold.

Melt Value

When selling any gold, you have to decide if it will be as jewelry or for its melt value. Pawn shops and many private sellers are only looking to pay the melt value. Try not to be discouraged. Sooner or later you will discover the purchaser you are seeking.

There are many unexpected places to find gold, including thrift stores and antique shops. If you are aware of what to search for, you can find bargains in these places. Lots of people sell their items here for low prices, because they are not aware of the value. Your knowledge will help you get the better end of the deal.

When dealing with gold commodities, proceed with caution. As with any market, there is unsavory, dishonest people. This is especially true when it comes to precious metals. Lots of people will scam you if given the chance. For this reason, it is very important to thoroughly research any gold buyer you are considering.

Know what you’ve really got. Appearance alone is not an accurate gauge of the value of your gold. Some jewelry is a composite of a number of different metals. This may lower the price. This applies to gold plated items as well. If you don’t know exactly what you have, consider an appraisal.

As this article said in the beginning, no matter what people think of gold, they rarely know much about it. However, after reading the above tips and techniques, you should have a better understanding of gold. Take this knowledge and use it to help you make wise gold choices.

Are You A Gold Lover? Read This

This article will help you take the plunge and invest in gold. You shouldn’t feel scared to get involved, but instead, seek to get educated first before making that leap forward. There are many perks to investing and dealing with gold if you know what to look for.

Go with a legit buyer if you’re selling gold. Check reputations at the BBB and via online reviews. A legitimate buyer will pay you fairly for your gold while giving you great customer service. Protect your gold investment by doing this.

Anything with gold can be sold to a good dealer. Whether it is jewelry or home decor related, it could be an everyday item that you have within the home. Nor does it 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. You can still get a good return on the sale.

Melt Value

When selling your gold, it is necessary to determine if you wish to sell something as jewelry or simply to get its melt value. If you are selling to pawn shops or most private sellers, expect them to offer the melt value. If you want to sell your gold as a jewelry item, you should keep looking for a good buyer.

If you don’t want to worry about storing, shipping and insuring your gold, consider buying GoldMoney instead. It’s similar to opening a “gold bank account.” With GoldMoney, you pay for a certain amount of gold at market rates, taken from your account, and it is reserved for you. Your gold sits in a vault until you decide what you wish to do with it next.

Don’t ignore thrift stores and antique shops when searching for gold deals. You can find bargains in these places. Many people don’t understand how valuable their items are, so they sell for cheaper than they could at these places. You can take advantage of this if you just know what to look for.

Use a magnet to test inexpensive jewelry to determine if it consists of steel. Precious metals, such as gold, are not magnetic. Sometimes you’ll find a clasp to be something solid, but everything else is plated. That’s a great way to make sure.

Research the market ahead of investing. There may be individuals that claim to be professional market gurus, but they’re just scam artist that want your investment. Nonetheless, you should be wary of high flung promises of wealth. Avoid the thought of gold as a get-rich-quick scheme, and you will not be led into false expectations.

Do not sign anything from a gold dealer without fully understanding what it implies. This is a large money making endeavor with lots of dollars associated with it. Know fully just what you are signing. If you disagree with the terms of the sale, do business with someone else. It’s better to walk away and find another deal than run any risk to your personal information or financial wellness.

Never sell your gold simply to sell it. Gold prices always go up. Why not wait until you can get a better price? You will get more out of your gold if you keep it for a long time.

You now have the right information for you to move in a good direction. The ideas presented here can get you started in gold investment. With time, you’ll find that gold investing can be very advantageous.

Using Gold For A Better Quality Of Life

The prices of gold change rapidly. Gold is a valuable commodity, so there will always be a trading market available for it. Tough economic times usually entail a rise in the price of gold. Keep reading to find out more.

Find a reputable buyer to sell your gold to. You can find out if they’re trustworthy by looking at the BBB reviews. Do not do business with a buyer who does not treat you as a valued customer or does not offer a fair price. This can help you to be protected when dealing with gold.

Be aware that it is possible to sell anything with a gold content to gold dealers. This could be jewelry pieces which are broken, home decor, tableware or any other gold items you have around. An item need not be made purely of gold. It just needs to be plated or maybe only a part of it’s gold. You’ll still get a decent return on your sale.

Melt Value

When selling gold, you must decide whether you’re selling a piece for its melt value or just jewelry. Usually, you will only get the melt value from both private sellers and pawn shops. Don’t get discouraged since there’s a buyer out there that wants your pieces.

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. Know what you’re up against before you mail anything away.

Your buyers should always have gold-buying licenses from the state. You have a greater likelihood of dealing with a reputable trader if you look for this certification. There are many stores and individual buyers looking to purchase gold, so always know you have multiple options, and never just the first deal that comes up.

Do not forget to search thrift shops and antique stores for hidden treasures. These places can be treasure troves for gold hunters. Often people do not realize the value of old jewelry and simply donate it or put it in a garage sale. You can take advantage of this if you just know what to look for.

Know what it is you actually have. Many things look like solid gold but are not. Usually, there are other metals mixed with gold for stability. This makes the value lower. Gold plated items are subject to this too. If you don’t know what you have, have it appraised before trying to sell it.

One quit and cheap method of finding out whether or not gold is real is to use a magnet on it. It is true that precious metals are not attracted to magnets. In some cases, jewelry may have a clasp that is made of gold, but the rest of the jewelry piece is made of plated metal. You can test your jewelry this way.

Ask what method is used to determine the purity or karats of your jewelry. Often, the item will be stamped. However, you may see no sign at all but there are ways to determine its value. The most simple test involves the use of acid. If the company claims to use that type of test, it may be an indication that they are not as experienced with accurate testing methods.

As you can see by now, gold is a constant in our financial system. So, if you want to deal with this volatile commodity, you need to know a few things about the marketplace. Put this information to good use when you are considering gold investments.

On The Market For Gold? What Needs To Be Known First

Although gold prices are extremely volatile, the price of gold has always trended upward. There’s always a good market for buying or selling gold. When the economy suffers, gold benefits. Read on to understand how to take advantage of this metal’s place in the market.

Have an understanding of gold prices. The value of gold tends to fluctuate, which is why it is important to understand the market trends. There are different percentages owed based on the sizes of gold you own.

Sell Gold

Think about using the Internet to sell gold. You don’t need to visit an actual store to do this. Take advantage of websites that allow you to sell gold. These sites will send you kits in which you can send them your gold items. If everything is together, you’ll get paid their going rate.

Take your old gold that you want to sell to a number of different gold-buying companies before settling on one. Many stores do not pay the going rate for gold. Independent gold dealers with low overhead, for instance, may be in a position to offer you better terms than upscale jewelry stores.

Spot Price

Make sure you know the spot price of gold the day you plan to buy or sell. The spot price is readily found on the Internet. When you actually make your purchase, refuse to pay more than 8 percent more than this price. Some sellers try charging more, but that’s overcharging, which is generally unethical.

Before selling you gold through the mail, be sure you know what the procedure is for getting your items back and any costs involved in doing so. Many companies will pay for your postage when you send but charge a high price when they return the piece to you. Make sure you know in advance what you might have to pay to get your jewelry back.

Think about shopping thrift and antique shops to discover gold treasures. Just make sure you know what to look for. Many people do not realize what they have and sell it or donate it to these shops. If you’re educated on how to make these finds, you can score some great deals.

Research all that you can before you invest in gold. Some people may try to trick you so you invest money with their company. But, beware of over the top promises about getting wealthy. Do not think of gold as some way to get rich quickly, and you won’t be disappointed.

When working with a dealer of precious metals, carefully examine every page of the contract before signing it. Gold buying and selling is serious business, not a game. Know fully just what you are signing. If you’re not happy with the specific terms, then you need to keep moving along. At the end of the day you are the one who stands to lose financially.

Prior to buying gold, be sure you know the dealer. To ensure your dealer is reputable, check with the Better Business Bureau. That way, you can learn about any complaints made about the company. If you find filed complaints, you may want to think about going with a different dealer altogether.

Don’t sell gold out of desperation if you can help it. Gold tends to increase in price, so waiting may yield even greater profits. The longer you can hold your gold, the more profit you can make on it.

You are probably aware that many currencies used to be backed by gold. You can take advantage of this precious commodity as long as you understand it. Cement your standing in the gold market by using the tips above.

What You Did Not Already Know About Gold

Gold prices seem to steadily rise almost daily. If you’d like to enter this great market, know that you can eventually sell and buy gold like big-time investors. Here are many excellent tips that’ll help you, so you can earn big profits with gold.

When you sell gold, deal with a reliable buyer. You can check out their reputation by contacting the BBB and checking online reviews. A reputable buyer will typically pay you a fair price for your gold, and they will offer better customer service than less reputable buyers. Protect your interests and your gold by doing this.

You can actually sell your gold online. Gold deals no longer have to take place at a “real” store. Take advantage of websites that allow you to sell gold. You will receive a package that details how to send you gold pieces. If everything is together, you’ll get paid their going rate.

Prior to purchasing a gold item from a seller, you must be certain you have a firm delivery agreement. When dealing with a vendor, it pays to seek written confirmation of the expected delivery date. This is crucial if they do not offer the option to deliver immediately. This should be spelled out in no uncertain terms. Only make the order if you have such a document.

Gold Jewelry

You may think that solid gold jewelry is too expensive and choose to purchase gold plated or filled jewelry. You can still buy gold jewelry without spending a ton at a jewelry store. Try visiting a pawn shop or looking online instead.

If you are interested in investing in the gold market, but do not have lare amounts of capital, consider purchasing scrap gold. This can be done in tiny increments which allow you to build wealth slowly. Find a secure place for your stash until there is enough for you to cash it in.

Know that anything that has gold in it is sellable to a gold dealer. It could be a broken jewelry item, table settings, home decor items or anything that is in the house. The purity doesn’t even have to be 100%. It could be plated gold or it could be that just a portion of the item is made of gold. You still stand to make a fair amount of money selling it.

Check the price when you are buying gold. You can find this on a variety of websites, and it can change daily. Paying for gold that is any higher than an 8% markup is not a wise investment. If you find a dealer asking for more than 8%, they’re overcharging and may not be ethical.

Use GoldMoney to buy gold. It’s like opening a bank account which trades in gold. You set up an account, deposit your funds, and you’re assigned some gold at a price that prevails to your account. Instead of keeping up with the gold in your own home, it is stored in a secure bank vault. You can cash it out, divide it, or redeem it.

Take your time when you are considering dealing with a gold buyer. You never know what kind of offer you will receive! If you take the first offer, you might get the worst deal ever! Wait a bit of time so you have the greatest cash in your pocket.

Now that you read the above piece, you probably know what it takes to purchase gold or trade and purchase the pieces you already have. No matter how you approach it, you can really make it work. Use these tips to prepare for it.

Unlock The World Of Gold By Following These Simple Tips

Humans have been attracted to gold for thousands of years. Since discovery centuries ago, man has valued gold. Here is some advice on how to get started with gold, whether you’re planning on investing or just looking to buy gold jewelry.

When selling gold, it is a good idea to get an estimated value from more than one source. From pawn shops to jewelry stores, each location will charge a different premium on gold. Therefore, it is wise to get several offers to ensure the best price.

Bullion bars are hands down your best gold investment. There is a great variety of different weights. You can find them from a half ounce all the way up to four-hundred ounce bars. However, you may have a hard time locating bars that weigh four hundred ounces.

Go with a legit buyer if you’re selling gold. Check the reputation using the BBB and online 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. Don’t let yourself be taken advantage of.

If you plan to invest in gold for retirement, be sure you purchase the right kind. You want to ensure that it is IRS approved. You need to buy only 24-karat bullion coins or bars. Bars are generally more valuable than coins and should, therefore, be favored.

Use GoldMoney if you are interested in buying gold. It s sort of like a bank account for gold. Set up the account, deposit some funds, and you get gold at the price that correlates to the account. The gold resides in a bank. From there, you can sell it or do a number of other things with it.

You need to know what you’ve got. Not everything that looks like gold is worth its weight in it. A lot of the time there will be something mixed with the gold so it holds up better. This results in a price reduction. So can gold-plating. If you do not know for sure the value of your gold piece, have it appraised before presenting it for sale.

Don’t go into the situation blindly when selling gold; always know what the market price is. Also, ask around to find out how much similar pieces are going for. This way you have an idea of what you can ask for yours. Request a bit more than you will settle for to give yourself some room to bargain.

You should always contact the BBB prior to selling your gold. They are sure to have information about each business, as well as data on any complaints filed. Complaints that have been resolved are actually a good thing, so factor those in as well. If a business has a lot of customer complaints or unresolved complaints, avoid using them.

Research a dealer before doing business with them. To make sure you’re dealing with someone good, talk to your BBB chapter. That way, you can learn about any complaints made about the company. Even if you feel a pull toward a particular company, it’s a good idea to move on to a different dealer if they have any unsettled complaints on file.

Be sure to find out about a buyer who may purchase your gold in order to be protected. If you plan to mail the gold out of state, this is even more important. Only do business with gold buying establishments listed within the index of the BBB. That way you get to see if there are pending or past issues or complaints filed against them.

After reading this article you should be better educated in the investment of gold. Gold is one of the best investments you can make. Use these tips to begin investing in gold.

Tips For Making Money By Investing In Gold

You can succeed with gold trading if you have the right information. Maybe you have given gold trading some thought. If you are, keep reading to find out what you can do about it.

Think about selling gold on the Internet. It is now easy to sell gold without having a physical store location. There are plenty of websites out there you can use to sell all your gold. Such sites will send kits in which you mail back your gold. They will send you payment for your goods after they receive your items.

Always check out the up to date market value for gold before you seek your gold jewelry. Doing so will help you figure out if a dealer’s offer is a good one or not. Most dealers will make you a fair offer, but some will try and rip you off.

If you are looking to gold as a retirement vehicle, be certain you invest in the proper kinds of gold. This needs to be gold investments that have IRS approval. They require that the gold be coins or bullion bars that are 24 karat. Over time, gold bars appreciate better than gold coins.

Realize that all items containing gold have some sort of resale value to dealers. It could be a broken jewelry item, table settings, home decor items or anything that is in the house. Note that these items need not be pure gold. Even something partially gold or just gold-plated might mean money. You can still get some decent money selling these items.

Make sure you verify the price of gold the same day you plan to buy it. This information is available on a number of websites. When you actually make your purchase, refuse to pay more than 8 percent more than this price. If you find a dealer asking for more than 8%, they’re overcharging and may not be ethical.

Go through thrift shops and antique stores looking for gold. If you understand what to look for, you really can find some great deals. Many people sell or donate at these shops for low prices due to being unaware of what they own. If you know what you’re doing, this can be your benefit.

You should appraise your jewelry before selling it for scrap gold. You should do this for special pieces. Unique pieces may be worth more intact than they would if eventually melted down. Although you will probably have to pay for an appraisal, you might find you have something worth a lot more than you thought. An appraiser may know someone who will give you a good price for your jewelry items.

Before doing business with an gold dealer, you will want to inquire with the BBB. The BBB has information about each business including any complaints or reviews from others who have used their services. If there were any complaints, you will want to see how the company resolved the issue. A multitude of unresolved complaints is a good indication you should do business elsewhere.

Gold Market

There are many ways to invest in the gold market. If you have feared starting this in the past, the ideas within this article should make you feel safe to move forward. Now that you know more about the gold market, you can make your investment with confidence. Good luck in your investing!

Crack The Gold Code By Trying These Tips Today!

Gold is a major player on the financial landscape. Are you interesting in knowing what it takes to invest gold, so it contributes to making your portfolio a strong one? You need to think about everything from making a buy of raw gold to buying company shares. Continue reading to find out everything you need to know.

Get several opinions about the value of your gold piece before you put it up for sale. A lot of services and jewelry stores are out there, and they will usually vary in how much they profit. Getting multiple estimates helps you get a fairer price on your gold when selling it.

Before buying or selling gold, know how precious metal prices work. Gold, along with silver and platinum, have prices that change on a whim. Therefore, you must always know what the spot price currently is. You may have to pay higher prices, though, for pieces that have a small fractional measurement.

Expected Delivery Date

Before you purchase a gold piece, know when it is going to be delivered. When dealing with a vendor, it pays to seek written confirmation of the expected delivery date. This is crucial if they do not offer the option to deliver immediately. The expected delivery date should be noted somewhere. Only go through with your order if you obtain this document.

You should think about scrap metal if you want to invest in gold without hitting the markets. This can be done over time, maybe some each day so that you can get some valuable gold in about a year. Protect your gold until you can sell it.

Always check the daily spot price before you buy gold. A number of websites feature this information, and it changes daily. When purchasing, don’t pay greater than 8% markup above the spot price. Occasionally an unethical dealer may try to overcharge their customers.

There are many sites where you can purchase gold, such as GoldMoney. It’s akin to opening up a bank account but with gold instead. You make an account, bank your money, and then you receive gold at the price you chose for your account. The gold remains in the bank until you sell it.

Enter the market carefully. Markets all have their share of unscrupulous players, but gold is a market that seems to have many. There are plenty of honest dealers; however, there are also people who are only out to steal your personal information. You have to do your research to keep yourself safe.

Rich Quick

Be sure to do your homework about current gold values prior to any investment decision or action. 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. You will not get rich quick with gold. It is a long term investment.

Be sure to have your jewelry appraised before you decide to sell it. This rings true especially concerning pieces that are one-of-a-kind. While you will probably pay to have an appraisal on your gold, this can certainly increase profits further along the way. By taking your jewelry to an experienced appraiser, you may also find yourself with a good lead on a potential buyer.

You probably are amazed how much goes into buying and selling gold now that you’ve read the last few paragraphs. Now you should be prepared to make a smart choice as to whether gold is for you. Use this advice to begin investing in gold to build your future wealth.

Need Ideas For Dealing With Gold? These Tips Rock!

Gold has become quite popular in recent days. However, most of these individuals are fairly “green” when it comes to this market. Keep reading this article to learn what gold can do for you.

Think about selling gold via the internet. Gold deals no longer have to take place at a “real” store. There are plenty of websites out there you can use to sell all your gold. The site sends you a prepaid mailer to put the gold pieces in. They will pay you their standard per ounce price for your gold.

Gold Jewelry

If you are purchasing gold jewelry for another person, you must be certain about the return policy. It’s almost impossible to determine the value of your gold jewelry just by looking at it. If that happens, you want to be able to take the piece back for a refund.

When it comes to selling gold, you must decide if you are going to sell it just for its melt value or as a jewelry piece. Private sellers and pawn shops just want the melt value. Never let this dissuade you, however, as you are sure to locate an appropriate buyer eventually.

Be sure the buyer you are considering is licensed by the state to make gold purchases. Licensed buyers will probably be reputable. There is a lot of competition out there, so you can sell to someone else if you’re not happy with the first offer.

Talk to multiple vendors before making a decision about which buyer you’ll go with. The offers you get might surprise you! If you go with the first buyer that you meet, you may end up with the worst deal possible. Take a little bit more time at first so you’ve got the maximum return on your gold investment.

A cheap and quick way to test gold is to use a magnet. True precious metals such as gold will not stick to the magnet. The clasp may be solid gold, but it’s possible that the piece is almost entirely gold-plated. That’s a great way to make sure.

Have all jewelry appraised before selling it as scrap gold. You definitely want to have jewelry with beautiful details and crafting well looked over because the value could be much higher. An appraiser will charge you a nominal fee, but it is an expense worth paying if your piece is unique and valuable. A professional appraiser can also point you towards potential buyers for high-quality gold jewelry.

You don’t actually have to own physical bars, coins or jewelry to profit from gold. You can buy gold shares in an ETF, a mutual fund with a focus on gold, or in gold mining equities. While it is nice to physically have gold, you run the risk of theft and the expense of storing it.

When dealing with a gold dealer, fully read every form that’s placed in front of you. This is a big business with big dollars attached to it. You need to completely understand the contract you are signing. If you aren’t a fan of the terms, go somewhere else. It can be worth it to make sure you have that extra protection.

To invest in gold pieces intelligently, educate yourself on testing for grade. The purity of gold is measured in units called karats. Higher karats include purer, more expensive gold. You should not just rely on the karat stamp. Knowing how to verify the karat of gold will help you keep from overpaying for bad quality gold.

People are getting excited about the prospect of making money using the gold markets. But lack of knowledge can lead to people being scammed by others. It is hoped that this article has helped you learn how to reap more benefits when it comes to gold investments.

The Golden Dream: Making Money With Gold

Gold is crucial to our economy, and can be a great thing to have when the economy is unstable. Learn more about making gold work for you by perusing these tips. Read more to gain more suggestions.

Get an estimate from several buyers before selling your gold. There are a large number of venues for selling your gold, and they each have different target margins. Getting multiple estimates gives you a better idea of the prevailing market price, which prevents you from getting ripped off.

Do not sell your gold without first knowing what it is currently worth. If you are selling gold, sort it by karat so that it can be valued separately. Don’t sell jewelry that’s worth more than its melt value because of its designer origins.

Before buying or selling gold, know how precious metal prices work. The value of gold tends to fluctuate, which is why it is important to understand the market trends. 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.

Spot Price

When you plan to buy gold, make sure you look at the spot price. Many websites update this information daily. Only place your order if you can find a dealer willing to sell for an 8% markup or less over the spot price. Many times sellers will try to sell it at a higher price.

Buying gold can be exciting, but you might not want to tell a lot of people about it. You don’t know who could try to keep tabs on this, and you don’t want to have to worry about trusting people. Keep your investment private and secured, preferably in a safe. In this way, you can be sure your gold investment is safe.

Be certain to review the sales contract carefully. If you’re using a mail-in gold program, read all the fine print prior to committing to the deal. This lets you learn the amount of proceeds you need to pay for fees and commissions.

Look at the BBB before selling gold to jewelers, dealers, gold buyers, and the like. This agency can give you a good indication of whether the business you are dealing with is on the up and up. Take a close look at complaints, and look to see if resolution was achieved. If you see many complaints, then you need to find another business.

You can still invest in gold without physically owning any. Stocks in gold mining or gold based mutual funds are two such alternatives. If you choose to purchase actual coins or bars, take into account the cost of secure storage of your gold.

Sort your gold by how many karats it is. Some vendors may try to weigh all of your items at one time and pay you for the lowest karat. You will end up losing money. Instead, separate each karat weight before going to the dealer.

One thing you can do to sell gold is to do so through the mail. A lot of sellers enjoy doing this because it’s not hard. You are given an envelope that is prepaid and you pack your jewelry into it. After a while, a check comes to you. With the extra expense and the tendency of these companies to pay lower premiums, your profits may be deleted quickly. Some of these outfits pay you a third of the money for the item than you might get elsewhere, so be cautious.

Most people know how gold has helped people become wealthy. The bumpy economic times we have seen in recent years has only accelerated this trend. Follow the tips and information presented here to make smart choices in gold investment.