Author Archives: Ashley Whitfield

Get Top Tips On Gold Buying And Selling Right Here

How comfortable are you with the idea of investing in gold? Are you a newbie to trading? If so, read on to find the best tips on gold commodities. Amateur or professional, anyone can benefit if they read the tips provided here. You are sure to learn something new.

Gold’s price is always changing, which makes it important to know your piece’s value before selling it. If you sell gold, pieces that have various karat values need to be valued and weighted individually. Avoid selling jewelry that is worth more because of the designer or maker.

Never deal with a gold buyer or seller who does not have a favorable reputation. Verify their good standing by checking with the BBB and reviews online. Reputable buyers usually pay fairly for gold, and they often have much better customer service versus the less reputable ones. You should do this to better protect your gold investment and yourself.

Buy Gold Jewelry

You might have avoided gold because of the price, and chose instead to buy gold-filled or gold-plated pieces instead. You do get to buy gold jewelry without spending a ton at an actual jewelry store. You can buy gold jewelry more cheaply in pawn shops or online.

If you’re buying gold to save for your retirement, buy the right type. This needs to be gold investments that have IRS approval. That means only 24 karat and only coins or bullion. Bars are often a better deal than the coins.

Whenever you buy gold jewelry on the behalf of another person, make sure that it can be returned. You can’t be sure when jewelry is liked by the other person or if it even fits them. If the gold turns out to be fake, make sure you get your money back.

Have your jewelry appraised before selling it if you are unsure what it is worth. This adds an up-front cost, but it could save you a lot of money later. If you want to obtain an unbiased value, retain the services of a certified appraiser. If you do want to sell the gold, understand you won’t be offered full value it was appraised for.

Anything that is gold can be sold. Whether it is jewelry or home decor related, it could be an everyday item that you have within the home. It doesn’t need to be 100% gold either. Items that are gold plated or filled are also valuable. You may still get a little of your initial outlay back.

While gold buying can be fun, don’t tell everyone about it. You have no way of knowing who might overhear your conversation and who is truly trustworthy. Protect your investment in a secure home safe or in a safe deposit box. This keeps the gold and you safe under various circumstances.

Know what you’ve really got. Just because it looks like gold doesn’t mean it’s valuable. Many times, other metals get mixed with gold for more durability. This has a detrimental effect on value. Items that are just plated in gold can also be affected. Have your pieces appraised before sale to determine their value.

Karat Weight

The first thing you should do when selling gold is group the pieces by karat weight. Keep an eye on the gold buyer because they may try and deceive you. A common trick is to weigh everything together and then give you the price for the karat that is the lowest weight. You will end up losing money. Instead, separate each karat weight before going to the dealer.

Now that you’re armed with this information, prepare to conquer the gold market. You can buy and sell gold easily and confidently to turn massive profits. In the end, you’ll have a great knowledge base.

Looking For Information On Gold? Read This

If you have ever wanted to get into gold before now but didn’t make the first move, this article is for you. Rather than allow yourself to be turned off by the risks, why not learn as much as possible to alleviate those risks? With a little self-education, you’ll be in an excellent position to make smart gold-investing choices.

Consider selling gold online. You no longer need to buy and sell gold at a physical location. Many websites are available will help you sell your gold. Such sites will send kits in which you mail back your gold. If everything is together, you’ll get paid their going rate.

Melt Value

When you are selling gold, you need to decide whether you want to sell it as a piece of jewelry, or for the melt value. Pawn shops and many private sellers are only looking to pay the melt value. Don’t give up; eventually, the right buyer will come your way.

When selling gold, only work with licensed buyers. Although anyone could rip you off, the chances are slim when working with someone who is licensed. There are plenty of buyers for gold, so do not think that you must make a sale to the first buyer that you meet.

Don’t ignore thrift stores and antique shops when searching for gold deals. If you have an idea of what you are seeking, you can really find a bargain in these places. Often people do not realize the value of old jewelry and simply donate it or put it in a garage sale. If you conduct research, their loss can turn into your gain.

Know what you are working with. Everything that appears to be gold isn’t worth its own weight in it. Often, you will find other metals mixed into the gold in order to strengthen the item. Items that are not pure gold have a lower value. The same goes for pieces that are gold plated. If you don’t know what kind of piece you have, take it in to be looked at before you try and sell it.

Whenever you begin the gold selling process, you need to be educated on the market price. Research the selling price of pieces similar to yours. This way you have an idea of what you can ask for yours. Just make sure to go a little higher than what you actually want so that there is wiggle room for negotiation.

A quick and inexpensive way to test a piece of gold or precious metal to see if it is real, is by using a magnet. True precious metals such as gold will not stick to the magnet. Certain pieces have a clasp made of real gold while the remaining parts are plated. The magnet test is an excellent way to find out.

Review all fine print in sales contracts. Read any materials the company you are sending your gold to provides you with. This allows you to know how much of your proceeds will be used to pay for commissions and fees.

In many cases, earing backing are solid gold even the total piece is not. Necklace clasps and ring bands are usually real as well. Since such pieces often weigh little, attempt selling them in a “lot”. That means they are collected into an assortment that can bring a better price together.

It is a good idea to check with the Better Business Bureau before you deal with a gold broker. You will see if there were any complaints and be able to read reviews from consumers who have conducted business with them. Pay close attention to whether any of the complaints were not settled in a satisfactory way. If a business has a lot of customer complaints or unresolved complaints, avoid using them.

Now you know how to get on the right track. Your gold investing time is now, and you must utilize the tips you’ve just learned. It will not take long for you to begin reaping the gold investment benefits.

Have Questions About Gold? Get Your Answers Here

This article will help you take the plunge and invest in gold. You should not feel afraid. Learn all you can and begin your gold investment adventure. There are many good things about investing in gold of which you should be aware.

Get a value from a few buyers before selling your goal. There are many buyers who purchase gold, but prices vary from one professional to the next. By seeking multiple estimates, you are able to determine whether an offer is truly fair.

Scrap Gold

Look into buying scrap gold if you can’t afford to get into the bigger market. Scrap gold can be purchased in very small quantities (like a little bit every time you get a paycheck) and stored until you have a large enough collection to sell off. Keep your collection safe until you have an sufficient amount to cash in.

If you’re clueless about the value of your gold jewelry, have it appraised. This will cost a little money up front, but it’s important to know what you have. An independent appraiser should be used in order to receive the best value. Understand that you probably will not get the full appraisal price when you sell your gold.

Make sure you verify the price of gold the same day you plan to buy it. You can find this on a variety of websites, and it can change daily. When you buy, don’t pay over 8% markup over the price. Many times sellers will try to sell it at a higher price.

Even though gold buying can be thrilling, try not to talk much about it. You never know who else could be listening or who you can really trust. Lock your investment up in a safe at home or at a bank and don’t let anyone else know. That way, your gold will always be secure.

When dealing with gold commodities, proceed with caution. The gold market can have many bad companies out there. You must be diligent and do your homework. Because of this, you need to be extra cautious and really research.

If you go to a gold party, talk to the person who organizes it to figure out how they calculate the value of the gold sold. Many times, the items are stamped. However, if there are no visual indications, there are other ways to determine purity. Acid tests are simple ways to do this, so if the rep does this, they’re probably new to the business.

Instead of immediately thinking you have scrap gold, take it to get appraised first. This rings true especially concerning pieces that are one-of-a-kind. Knowing the true value of a piece can make it well worth the cost of appraisal. This is also a great way to locate buyers who might be interested in your gold.

There are many options available to individuals looking to purchase gold as an investment. You might invest in an ETF or an individual gold mining stock when buying gold stocks. If you want to get physical gold, factor in the cost of storage in a secure location.

When you are negotiating with someone dealing in gold, read all the forms that are given to you. The gold market is one filled with money. You must be fully aware of what you are committing to. If any of the terms bother you or cause you hesitation, walk away from the deal. It pays to watch out for yourself in this way.

Don’t sell gold out of desperation if you can help it. Gold prices always go up. Why not wait until you can get a better price? The longer you can hang onto gold, the more money you stand to make with it.

You now know what to do to start on the right track. Apply what you have learned here and start investing in gold. Before you know it, you will experience the multitude of benefits that gold investing can offer you.

Need Ideas For Dealing With Gold? These Tips Rock!

Gold has a long history of being a prized metal. Gold has been around for thousands of years and man has always held it in high regard. 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.

Gold bullion bars are great investments. Bullion bars come in a variety of weight. They can range from a half an ounce to bars that weigh four-hundred ounces. It will be harder to find the bigger bars.

Before you get into investing or selling gold, it’s best to understand how it works. Gold, along with silver and platinum, have prices that change on a whim. Therefore, you must always know what the spot price currently is. 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.

If you have no idea what your gold might be worth, than an appraisal is a good idea. This adds an up-front cost, but it could save you a lot of money later. Only use an independent, accredited appraiser to get the most realistic value. Understand that you’ll be paid less than the appraisal value of your gold by gold buyers, however.

Buy Gold

Sell gold to buyers that are state licensed to buy gold. A buyer who is licensed is likelier to be legitimate. There are a lot of stores and individuals that will buy gold, so don’t feel like you have to sell to the first person you come across.

Before selling your gold, comparison shop. You might get surprisingly different offers that reward your patience. If you select the very first buyer you encounter, you may get a terrible deal. Invest the time into the process, and you will be rewarded in the end.

A magnet can be used as a cheap and fast way to determine if a piece is really made of gold. Real gold won’t stick to a magnet. There may be times when an item of jewelry has a solid gold clasp, but the rest of the item is only gold plated. This method is good test for that.

Talk with a gold expert on how they go about attaching a price to a piece of gold, so you know how much a karat is worth. A lot of the time you’ll find a stamp on the item. However, at other times, there is no stamp, so a lot of reps use other ways to find out. Acid tests are simple ways to do this, so if the rep does this, they’re probably new to the business.

You now know more about how gold is valued and the reason why people around the world treasure it. Gold is a wise investment and is beautiful to wear as well. Take the things you’ve learned from the above article and use them to your advantage when dealing with gold.

What You Need To Know To Cash In On Your Gold

People who have watched the markets in recent years have taken notice of the marked increase in gold prices. Many investors have jumped onto the latest gold rush. As with so many forms of investment, the best way to prepare for trading gold is to educate yourself thoroughly and gain as much professional insight as possible. This article will help you begin your journey to gold investment profits.

Get valuations for your tangible gold from a handful of dealers at a minimum. 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 helps you get a fairer price on your gold when selling it.

Have an understanding of gold prices. The prices of metals like platinum, gold and silver can fluctuate greatly in just one day. Before you do any buying or selling, check the market prices beforehand. There are different percentages owed based on the sizes of gold you own.

Get an appraisal if you have no idea what value your gold holds. While you may have to pay a fee, the knowledge you gain will help you in the long run. In order to maximize reliability, make sure the appraiser is independent and accredited. If you decide to sell, be aware that it’s not likely for you to get full retail value of your item.

Melt Value

When considering selling your gold jewelry, you need to figure out if you want to get melt value or sell it as jewelry. Pawn brokers and private sellers may just want to pay melt value. Never let this dissuade you, however, as you are sure to locate an appropriate buyer eventually.

Know what you actually have in your possession. Just because it looks like gold doesn’t mean it’s valuable. In many cases, additional metals have been mixed with the gold to strengthen it. This has a detrimental effect on value. Gold plated items may also be deceiving. If you don’t know what you have, have it appraised before trying to sell it.

When attempting to sell your gold, you want to do your research into the market price. You should see if you can figure out what people are selling pieces like yours for as well. This way you have an idea of what you can ask for yours. Ask a bit more so you can negotiate.

Look around before buying from a particular gold buyer. You will get many different amounts. If you choose to sell to the first buyer, you might get a bad deal. Take time to get the most cash you can for your pieces.

A quick and inexpensive way to test a piece of gold or precious metal to see if it is real, is by using a magnet. Gold is not magnetic. Sometimes it’s the clasp that is gold, while the rest is only gold-plated. You will find this to be an effective way of testing this.

Gold Investment

Everyone at this point probably realizes that a good way to keep your investments safe is by placing your financial concerns in the gold market. You may well be interested in doing some gold investment of your own. If you use the information from this article, your approach to gold investment has an excellent chance to succeed.

Crack The Gold Code By Trying These Tips Today!

It’s amazing how popular gold is since the recession. You may have the desire to invest but lack the necessary experience to get into commodities trading. Read on to learn some specific tips on gold investing.

When you sell gold, get an idea of value from a number of sources. 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 helps you get a fairer price on your gold when selling it.

Before selling your gold, be sure to check the current price. It changes all the time. Different karat values will be valued and weighed separately when selling your gold. Don’t sell jewelry with a designer name that has a higher worth than straight melt value.

Research the market price before selling any of your gold jewelry. This way, you’ll know whether you’re really being offered a fair price. Many dealers will pay market value, however others rely on people desperate for cash to get the most for themselves.

If you want to invest in gold but do not have much money, think about purchasing scrap. This can be done bit by bit. For example, you might invest a bit each payday to amass an impressive collection of gold as time passes. Protect your gold until you can sell it.

Anything with gold can be sold to a good dealer. This could be tableware, broken jewelry, and other stuff you have around your house. It doesn’t need to be 100% gold either. Items with partial gold content, gold plating, or gold mixtures may still be valuable. You’ll still get a decent return on your sale.

Know what it is you actually have. Just because something looks like gold doesn’t mean it is worth gold’s weight. Usually other metals are combined with gold to provide more strength. These metals can reduce the value of gold. Gold plate is also not very valuable. If you do not know for sure the value of your gold piece, have it appraised before presenting it for sale.

A lot of times the backs of the earrings are gold. Ring bands and the clasps of necklaces usually are, too. Because each piece does not weigh much, consider selling these as a group. This just pulls together a number of gold pieces as a quantity, which might help you make a little more money.

Investigate with the Better Business Bureau before selling your gold to any purchaser. This agency can give you a good indication of whether the business you are dealing with is on the up and up. Don’t worry too much about complaints that have been satisfactorily resolved. If there’s a lot of complaints about one company, consider not using them.

The gold market involves many different areas that you could invest in. For example, many people purchase investments in gold mining corporations and mutual funds primarily made up of precious metals. If you want to get physical gold, factor in the cost of storage in a secure location.

Gold has been on the rise due to much financial insecurity within the world. If you know a little about buying and selling gold, you can personally profit. Use the tips above for the best results.

Gold Information You Will Not Find Elsewhere

The popularity of gold is based on the fact that it is reliable when the economy falls flat. Before you invest in gold, you must learn the ins and outs and know what you are doing. Read on to learn top tips about gold investing.

If you have an interest in getting into the gold markets, but don’t have a lot of investment capital, consider buying scrap. Do this regularly over a certain length of time, and in 12 months or so, you would have accumulated a good amount. Keep it inside a safe location until you get enough to cash in.

If you plan to mail your jewelry, be sure that you find out how much the return postage will cost if the price offered you is too low. The majority of companies pay for you to send the jewelry to them, but they charge high fees to return it to you. Understand what you will have to pay if you don’t like their offer. Protect yourself.

GoldMoney can be helpful when purchasing gold. It’s similar to opening a “gold bank account.” With this service the money in your account is converted into gold. 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.

Buying gold can be exciting, but you might not want to tell a lot of people about it. The fact is that some people just aren’t trustworthy. Keep your investments safe and secured in a bank or home safe. This keeps your gold hidden and secure, as it is a very valuable investment you want to protect.

Be sure to do your homework about current gold values prior to any investment decision or action. There may be unscrupulous dealers claiming to be experts in order to get you to invest with them. Be careful of promises claiming you’ll become rich. Keep that in mind, and you’ll go into it with realistic expectations.

Fine Print

Always read any fine print on your contracts. Read any fine print before you decide to offer your gold to a mail-in buyer. This way, you will know the exact amount of the fees and commissions you will be paying.

If you want to invest into gold for both value and beauty, then look at pure gold jewelry. Golden jewelry will hold its value and can be worn as well. If the jewelry piece is especially well made, it can add to its investment value.

Buying gold from private parties can result in some pretty great deals. However, you must be aware of the risks involved in this purchasing method. It’s really important to request a coin appraisal. Be aware that you are taking a significant risk if you purchase without an appraisal. If a deal seems too good to be true, it probably is.

You don’t want to purchase too much when you’re investing in gold. Gold does not bring income to the table like stocks and mutual funds can with dividends. The price of gold can fluctuate wildly. The only time the value rises is when equities lower in value. You should invest no more than five percent of your investment portfolio in gold.

There is nothing to suggest that interest in gold will go anywhere but skyward in the coming months and years. Before venturing into the unknown, however, savvy investors take the time to research the market carefully. Apply the advice in this article and true wealth is a real possibility.

Need Good Information About Gold Look Here!

The process of investing in gold is crucial for any investor to learn about. Gold helps balance your portfolio and diversify your investments. How do you get started? You are able to do quite a bit with gold and that overwhelms most people. Read on to simplify the entire process and get started with gold investment basics.

Bullion is the best choice if investing in gold. The weights of these items may vary. You can find bars weighing anywhere from a half of an ounce, up to four hundred ounces. A heavier bar may be more difficult to find, however.

If you’re thinking of mailing off some jewelry to someone, you need to be sure you do your research first. Be sure to understand when to expect payment and how to insure your items. Also you need to be sure to photograph everything you’ve put in your package in case they start a dispute.

Scrap Gold

If you do not have a large amount of money to start off with, why not consider purchasing scrap gold. Invest small amounts of money in scrap gold. After a few months, you will have accrued a significant store of gold. However, ensure that you have secure storage for your collection.

Check the return policy before you buy anyone a gift of gold. It’s not uncommon for many pieces to not be the receiver’s taste or the wrong size. If the gold turns out to be fake, make sure you get your money back.

Sell only to gold buyers who are licensed. While you could still get ripped off, a licensed buyer is more likely to be reputable. Many establishments purchase gold, so there is no need to sell yours to the first buyer you deal with.

When attempting to sell your gold, you want to do your research into the market price. You should also look around to see what other people are asking for similar pieces. This will allow you to have a price in mind you can work with. Ask for more than you are happy to accept so that the buyer has room to negotiate the price.

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 have to be careful about get rich promises. Don’t think of it like a get-rich-quick scheme to avoid false expectations.

Never sign a contract without thoroughly reading it first. If you sell gold through a mail-in purchaser, make sure you understand the terms of the deal. This way, it will be clear how much you are paying in fees.

Before you sell gold jewelry for its scrap value, have it professionally appraised. The more intricate the jewelry, the more it will be worth. You may have to pay to have a piece appraised, but it’s worth it. In addition, appraisers may know people who may be interested in your jewelery.

Check Better Business Bureau ratings for gold dealers and jewelry stores before deciding where you want to sell your pieces. It has basic company information on them, along with complaints and reviews from those that have dealt with them. Don’t worry too much about complaints that have been satisfactorily resolved. If there are a lot of complaints on their record with the BBB, move on to a different business.

Understanding how to invest wisely in gold is essential to having a bright financial future through portfolio diversity. Having read this article, you can now make a smart choice. Keep this advice in mind and get going.

Expert Advice On How To Increase Your Knowledge Of Gold

Gold has worth around the world, and it has been that way for thousands of years. Everyone loves gold, but most people don’t know enough about it. If you are interested in buying gold, keep reading to learn more about investing in gold.

When you decide to sell gold, you should get a few sources to give you an estimated value. Venues that buy gold will only pay you a percentage of what your gold is worth in order to make a profit. When you have several estimates, you’ll have a better idea of what fair market value is.

Stick with a reputable buyer when selling your gold. Check BBB.org to find out more about the firm. Reputable buyers offer great customer service along with fair prices. You have to protect your investment as well as yourself.

Sell Gold

It is possible to sell gold online. You no longer need to buy and sell gold at a physical location. It is possible to utilize a website to sell gold items. The site will send you a special kit in which you’ll return the gold items. They end up paying you once they receive it, but they usually won’t pay you a lot.

Before buying from a gold seller, schedule a timely delivery. When the seller doesn’t ship immediately, you must get their promise to ship in writing. The date of arrival should be something you can see listed. Do not finalize your order until you receive written confirmation.

If you wish to enter the gold market but don’t have tons of capital, try buying scrap. Use the capital you have and purchase what you can and add to it as money becomes available. Be sure to stash your gold safely away until you decide to sell it.

You can sell anything that contains gold to gold dealers. Gold pieces can be anything from jewelry to tableware, even home decor. You can get something for an item if it is not made out of pure gold. It could just have a tiny amount of gold or be gold plated. You can still get some decent money selling these items.

If you want to sell gold, make sure the buyer has a state license allowing them to do so. Licensure is not a guarantee of credibility, but it is certainly a good indicator. 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.

Use GoldMoney if you are interested in buying gold. It’s like opening a bank account, but for gold. You make an account, bank your money, and then you receive gold at the price you chose for your account. While the gold itself physically remains within a bank vault, you can deal with it as you see fit.

Don’t avoid searching antique shops or thrift stores for gold. When you know what to search for, you can find great items 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.

Be careful in the gold market. There are many unscrupulous companies out there who deal with gold. Despite your best efforts, some buyers and sellers are more than happy to cheat you wherever possible. For this reason, it is very important to thoroughly research any gold buyer you are considering.

A magnet can be used as a cheap and fast way to determine if a piece is really made of gold. Gold, unlike other metals, will not be attracted to a magnet. Check the chain as well as the clasp for an accurate reading. That’s a great way to make sure.

Gold is considered valuable by many people, and it can be traded without much difficulty. Investing in gold helps you make money over the long term. Armed with your new knowledge of gold investing, you should be ready to get going with gold right away.

Seeking Knowledge About Gold? You Need To Read This Article!

The idea of buying and selling gold has become very popular, especially during the recent downturn of the economy. To make money in gold, however, takes some education and experience. It takes some forethought. Keep reading to discover what you need to know about gold.

Get a value from a few buyers before selling your goal. There are a large number of venues for selling your gold, and they each have different target margins. Therefore, it is wise to get several offers to ensure the best price.

Gold bars are the most economical choice for investment purposes. There are numerous sizes available. Bars may be a half ounce, 400 ounces or anything in between. You will have a hard time if you are seeking the largest size.

Gold Prices

Gold prices fluctuate on a regular basis, so make sure you have up-to-date information about gold prices before selling something. Don’t forget to take into account the different karat values of your gold pieces. Because the jewelry you sell will be melted down, keep pieces that are more valuable because of the designer name.

Find a reputable buyer to sell your gold to. Get with the Better Business Bureau or check out reviews online if you’d like to learn about someone’s business. Good customer service and fair market prices are good indicators of reputable buyers. Protect your interests and your gold by doing this.

If you don’t have much money to invest in gold, you could start by purchasing scrap jewelry pieces. This can be done bit by bit. For example, you might invest a bit each payday to amass an impressive collection of gold as time passes. Just make sure you have a safe place to store your little stockpile until it is time to upgrade.

When purchasing gold, check to see if the dealer offers a return policy. You do not know if the gift receiver will like it or if the piece fits. Because this isn’t rare, it’s crucial that you have the ability to return the jewelry for a refund if it’s necessary.

Have your jewelry appraised before selling it if you are unsure what it is worth. This can cost you a little initially, but you want to know right? You will want to find someone who is accredited in gold appraisal to get the proper value of the piece. If you continue with your plan to sell, do be aware that you won’t receive the price the piece has been appraised at.

You never know where you will find valuable gold; places like thrift stores are often great places to discover good deals. These places can be treasure troves for gold hunters. Many people do not realize what they have and sell it or donate it to these shops. Their lack of knowledge can be used to your benefit, if you know what to look for.

Do not be overly aggressive when dealing in the gold market. Several markets have bad companies, but gold is notorious for containing many. Any number of shady individuals or even business are ready and willing to rip you off. You need to do your research and be careful.

Making profits by investing in gold is really tempting. Unfortunately, too many people don’t know enough about the gold market to make it work to their advantage. Hopefully, this article has provided helpful advice to those who want valuable information.