Category Archives: Philanthropy

Need Ideas For Dealing With Gold? These Tips Rock!

A lot of people love gold but don’t know anything about it. Lack of knowledge makes it difficult to take full advantage of all of gold’s benefits. If you’re not very savvy with gold, keep reading the following tips.

Gold prices fluctuate on a regular basis, so make sure you have up-to-date information about gold prices before selling something. If you’re trying to get gold sold, know that various karat values are going to need to be weighed separately. Don’t sell jewelry that is more valuable due to maker or designer.

Research gold buyers before going to them and try shopping around for buyers that are reputable. You can see how various dealers handle customer complaints by viewing online reviews and contacting the BBB (Better Business Bureau). When you get bids from multiple buyers, you may be able to get top value for the gold.

Schedule for a proper delivery before buying gold from any seller. If the person selling you the gold does not deliver the product right away, it is necessary for you to obtain a written estimate of when your items should arrive. This should be spelled out in no uncertain terms. Don’t order anything without this document.

The high price of gold may give you the idea that gold-filled or gold-plated jewelry is better. However, you can still find a deal now and then, which you can turn around and sell for a profit. It is cheaper online and at pawn shops.

If you’re sending your gold to some company via the mail, check them out before doing business with them. You should find out how long the process takes, and get package tracking and insurance on your package, too. Lastly, take a photo of all that you placed in the package in case there’s an issue later.

If you are purchasing gold jewelry for another person, you must be certain about the return policy. It’s entirely possible that a particular piece ends up being improperly sized or simply unappreciated by its recipient. For this reason, it is important to purchase jewelry items that come with a money back guarantee.q

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. Understand what you will have to pay if you don’t like their offer. Protect yourself.

You may even be able to find old gold at thrift shops or garage sales. Many of these places offer great finds in gold at a cheap price if dig deep enough. Many people donate or sell to these places at low prices because they don’t know what they own. If you do some research, you can benefit greatly.

Be careful when dealing with the gold market. There are many unscrupulous companies out there who deal with gold. There are individuals who will not hesitate to take advantage of you if you give them the opportunity. That’s why you must do your research and be careful.

As the beginning of this article mentioned, most people don’t know a lot about gold. After reading this article, you should know more. Use what you’ve just learned to make smart decisions about gold.

Expert Advice On How To Deal In Gold

In uncertain financial times, countless individuals have turned to gold as a way to keep personal wealth safe and sound. However, it can be confusing to really understand the gold market. Read on for valuable tips and insights that will make you a more knowledgeable investor in the gold market.

Learn how precious metals are priced before you trade in gold. 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. You may have to pay higher prices, though, for pieces that have a small fractional measurement.

Think about selling your gold online. You don’t need a storefront to buy and sell gold. Many websites want to buy gold from you. The site will mail you a kit for mailing in your items. They will pay you once you send the gold in.

When you purchase gold, it’s important to set a fairly stringent schedule for delivery of your metal. If the seller delays delivery, you have to get a written confirmation on when the expected delivery date is. This should include the date the gold will arrive to you buy. Don’t order anything without this document.

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. Seller don’t always know the value of the gold they own. You can take advantage of this if you just know what to look for.

Exercise great care when you’re getting into gold trading. Every marketplace has bad apples, but the gold arena is renown for possessing quite a few. Gold companies will often shortchange you when offering a price for your gold. Therefore, it is important to proceed with caution and research each company carefully.

You should research the gold market long before you make an investment. There may be individuals that claim to be professional market gurus, but they’re just scam artist that want your investment. Any claims that promise overnight fortunes must be taken with a grain of salt. Don’t set expectations too high and you won’t be disappointed in your gold investment.

Scrap Gold

Have all jewelry appraised before selling it as scrap gold. Jewelry that is hand crafted and unique may be worth more sold as jewelry than as scrap gold. Although you may be charged a fee for the appraisal, it may earn you more money in the long run. The appraiser may also know someone who maybe interested in your jewelry item.

One option when selling your gold is to send it away in the mail. A lot of sellers enjoy doing this because it’s not hard. A prepaid envelope comes to you; you place your jewelry inside and send it back to the company. With the extra expense and the tendency of these companies to pay lower premiums, your profits may be deleted quickly. In some cases, you could get about 30 percent less for an item, so just be aware.

Investing in gold has a rich tapestry of history attached to it with many fortunes being enhanced because of this valuable metal. If you want to trade gold successfully, you must be well educated. The preceding article should have provided precisely such information.

Want To Get In On The Gold Rush? Read This!

The only thing standing between you and a smart investment opportunity in the gold market may be a little good advice, and this article is the place to get it! You need not be intimidated by the complexities of this market; many successful gold investors are entirely self-taught. There are many perks to investing and dealing with gold if you know what to look for.

Understand the spot price of gold before selling any. If you are selling gold, sort it by karat so that it can be valued separately. Don’t sell jewelry that’s worth more due to maker or designer.

Before buying or selling gold, be sure you are aware of how metals are priced. 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.

Research the market price before selling any of your gold jewelry. That way you will be able to ascertain if a dealer is providing you with a fair price or not for your pieces. Most dealers will make you a fair offer, but some will try and rip you off.

Make sure that you understand the terms when sending jewelry back through the mail. Find out when you can expect your payment, and make sure you insure your package. Take pictures of anything you send so that you can settle any disputes that may occur later.

Compare different gold buyers if you want to sell some gold jewelry or gold scraps. Prices paid will vary from shop to shop. You might get a better deal at a store not in a major shopping mall, since their overhead and rent is lower.

Check the price when you are buying gold. You can find that on a lot of websites, and that can change every day. When you buy, don’t pay over 8% markup over the price. Some dealers are going to try and charge you more, but don’t pay it.

Confer with the gold party rep to determine the method used for judging karats. Sometimes there is a stamp. Other times, there is no way of knowing. Using an acid test can be a great way to determine the karat of the gold.

Complaints Filed

Inquire with the area BBB prior to selling gold items to jewelry stores, dealers or any other sort of buyer. They are sure to have information about each business, as well as data on any complaints filed. You should especially pay attention to any customer complaints filed as well as what the resolutions were. Avoid using any business that has a lot of complaints or unresolved complaints.

There are many options available to individuals looking to purchase gold as an investment. Mutual funds and ETF’s, as well as gold mining stocks, are avenues of gold investing. If you’re buying bars or gold coins, think about the cost storage when making your purchase.

You now are equipped with the necessary information to get you rolling in the right direction. The ideas presented here can get you started in gold investment. Before you know it, you’ll be reaping the many benefits of gold.

Hard Time Understanding The World Of Gold? Check Out These Tips!

Gold is truly a precious metal. Since it was discovered a long time ago, gold has be something man has greatly sought after. If you want to make a gold investment or buy something that is gold, here are a few tips to assist you.

Changes in the current price of gold will affect the price you will get. Don’t forget to take into account the different karat values of your gold pieces. Don’t sell jewelry that’s worth more than its melt value because of its designer origins.

Prior to doing anything with gold, be it buying or selling, you must become knowledgeable about how pricing operates. Gold, platinum and silver prices tend to fluctuate daily, so make sure you check the spot price on a specific day before you make a transaction. If you have gold that does not weigh up to a full ounce, you may receive less than the melt value when selling it.

Always check out the up to date market value for gold before you seek your gold jewelry. This way you will already know what to expect for your gold. Many gold dealers will pay market value; however, some dealers try to get your gold cheap.

If you’re thinking of getting gold to help you retire, you need to get the right variety. The IRS has to approve the gold. Examples of approved gold is bullion bars or gold coins. Bars are often a better deal than the coins.

Sell only to gold buyers who are licensed. Although anyone could rip you off, the chances are slim when working with someone who is licensed. There are many people who will buy your gold, but some are out to rip you off.

Know what you have. Everything that appears to be gold isn’t worth its own weight in it. Usually, there are other metals mixed with gold for stability. This has a detrimental effect on value. Gold-plated items apply the same principle. If you don’t know what you have, have it appraised before trying to sell it.

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. Items are usually stamped. If there is no stamp, there are different ways to test the gold to ensure it is solid. Acid tests are simple ways to do this, so if the rep does this, they’re probably new to the business.

Always understand what you are signing. If you are selling gold by mail, this is even more important. This helps you see how much is paid toward commissions and fees.

You don’t actually have to own physical bars, coins or jewelry to profit from gold. You can put your money in a gold exchange traded fund. You also buy stock in a gold mining company. There are also mutual funds that focus on gold. You should always consider the costs to store gold.

Do not sell your gold for no good reason. Take the time to research gold prices and sell it when the price is at its highest. You will get more out of your gold if you keep it for a long time.

You now have a better idea of what gold is worth and why it holds its value so well. Gold is a wise investment and is beautiful to wear as well. Take what you have learned here and use it to start your own investments in gold today.

Great Advice On Dealing With Gold

The prices of gold change rapidly. The gold market is always hopping, whether you want to buy, sell or trade. When financial times are tough, the value can spike like never before. Keep reading to discover how gold can fit into a smart financial plan.

Changes in the current price of gold will affect the price you will get. When selling gold, be sure that items of differing karat values are weighed separately. Avoid selling jewelry that is worth more because of the designer or maker.

If the gold price is not to your liking, perhaps going with gold-filled or gold-plated jewelry is something to consider. But, it is still possible to purchase gold jewelry without having to go to a jewelry store and spend a fortune. Online auctions, estate sales and pawn shops are only some of your options.

Be sure to select carefully when considering taking your gold to a pawn shop or jeweler for sale. While many stores state they pay the standard price for gold, there are a number of them that do not. Stores that are not near shopping malls may have lower overhead and are able to pay more.

Be fully aware of what you have. Not all pieces that appear to be gold are worth their weight in gold. A lot of the time there will be something mixed with the gold so it holds up better. Items that are not pure gold have a lower value. Also, some items may only be gold plated. If you are not certain about what you have, an appraisal before selling is wise.

Be knowledgeable about market prices before you accept someone’s offer to buy your gold. You should shop around to get an idea of what others are offering for similar gold pieces. This will help you establish a price level to utilize. Begin the negotiations by asking for more than you expect to receive.

Comparison shop prior to selecting your gold buyer. The different prices you receive might shcok you. If you do not get several offers, you may not get the best price. Instead, do your research and get the most for your gold.

Solid Gold

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. Precious metals like gold are not going to be attracted 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. Using this technique will help ensure your pieces are solid gold.

Make sure you read fine print in any sales contract to a full understanding. You should carefully read the whole contract especially if selling through a mail service. This helps you understand what you will have to pay in fees and commissions.

Investing in gold has significant profit potential, but it’s not for the faint of heart. If you cannot tolerate ups and downs, look elsewhere. If you have the fortitude, still limit your downside risk. Don’t over invest in a single market, like gold. Start with investing 5% of your portfolio in gold so you can get a better idea of how this precious metal fluctuates.

Gold is one of the oldest and most attractive ways to make money. If you want to make money with gold, you must have a clear understanding of its value in the market. You must also establish clear financial goals to govern your dealings. Use what you’ve just learned to find your pot of gold.

Using Gold For A Better Quality Of Life

Gold’s value always changes, but its current trend is upward. Gold is popular for its beauty and its attraction as a storehouse for wealth. There has always been a thriving market. When financial times are tough, the value can spike like never before. Continue reading this article to learn the basics of the gold market.

When you decide to sell gold, you should get a few sources to give you an estimated value. Different places that buy gold will have different price ranges to offer. Getting multiple offers allows you to understand what you can get for your gold.

Bullion Bars

When investing in gold, bullion bars are the best way to go. Bullion bars come in a variety of weight. Bars may be a half ounce, 400 ounces or anything in between. However, the really big bars are very hard to come by.

Gold’s price is always changing, which makes it important to know your piece’s value before selling it. If you choose to sell gold items, those with differing karat designations ought to be weighed on their own. Don’t sell jewelry with a designer name that has a higher worth than straight melt value.

When you buy gold jewelry as a gift, be sure to understand the return policy and get a gift receipt. It’s entirely possible that a particular piece ends up being improperly sized or simply unappreciated by its recipient. Because this isn’t rare, it’s crucial that you have the ability to return the jewelry for a refund if it’s necessary.

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. Private sellers and pawn shops just want the melt value. This shouldn’t deter you from selling your gold, as there is probably a buyer out there willing to buy for collector value.

Be cautious. There are many scammers in the gold market. There are plenty of honest dealers; however, there are also people who are only out to steal your personal information. It’s important to be cautious and do full research.

Prior to investing in gold, research the current market. Some individuals pretend to market experts but who are in fact just trying to dupe you into investing through them. Be careful of promises claiming you’ll become rich. Keep that in mind, and you’ll go into it with realistic expectations.

Check with the BBB before you sell gold to a dealer, jewelry store, gold buyer, etc. They are sure to have information about each business, as well as data on any complaints filed. Look carefully at complaints and whether they were solved or not. If they have many complaints or lots of unresolved complaints, consider another buyer.

As you probably are aware, gold is what the financial system weighs its value against. Its price fluctuates depending on market conditions and demand. To make money from gold, it important to understand the ways gold buying and selling works. Put this information to good use when you are considering gold investments.

Are You A Gold Lover? Read This

The trade of gold continues to rise in popularity due to economic uncertainty worldwide. You might be interested in learning more about gold as a protective investment, but you may not know what you need to know yet. This article will spell it all out for you.

Try selling gold online. There’s no reason to confine yourself to brick-and-mortar stores when selling your gold. There are quite a few websites out there that will buy it. You will receive a kit that will allow you to mail your gold items off. If when they receive it, all is as they expected, you’ll get their current rate.

Before selling your old and broken gold items for cash, make it a point to visit at least 3 or 4 buyers. While the market quotes a price, not all companies actually pay close to that price. The overhead of the store involved may determine how much or little they are able to offer.

Sell gold to buyers that are state licensed to buy gold. While you could still get ripped off, a licensed buyer is more likely to be reputable. Many individuals, pawn shops and jewelry stores are interested in buying gold. Be picky about your buyers.

GoldMoney can be a good resource when buying gold. It is very much like opening a “gold banking account.” All you do is set up the account, deposit funds, and then you are assigned gold to your account. You can redeem the gold bullion in one-kilo bars or leave it in the vault and trade it or cash it in.

Gold is a lot of fun to purchase, but refrain from announcing it to everyone. 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 investments personal and protect them at a safe or bank. That will help protect your gold and you at all times.

Shop around before making any decisions about a gold buyer. It might come as a surprise and you never what kind offers are out there! If you accept the first deal offered to you, you might be sorry. Spend the required time to comparison shop before making any decisions.

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. In many cases, items are stamped. However, there are some times when there aren’t visible signs, so the reps have ways to determine it. The simplest test is the acid test, so if a rep is using this method, he may be a novice to the market.

Before you sell your jewelry for scrap gold, have them appraised. You may have pieces that are worth more than their weight in gold due to historic or artistic value. While you will probably pay to have an appraisal on your gold, this can certainly increase profits further along the way. An appraiser may also have connections with jewelry buyers.

The gold market has undergone a boom in recent times, probably due to the current poor global economic conditions. Know that selling and buying gold is the smartest way you can use the markets to your advantage. The information in this article should be sufficient to get you started.

Gold Information You Probably Did Not Know About

In these times of financial uncertainty, many people turn to gold to build a retirement nest egg. Still, gold markets are hard to understand. Read on to learn more about selling and buying gold.

Go with a reputable gold vendor when selling. Check BBB.org to find out more about the firm. A reputable buyer will typically pay you a fair price for your gold, and they will offer better customer service than less reputable buyers. Don’t let yourself be taken advantage of.

Schedule for a proper delivery before buying gold from any seller. Always get a timeline in writing of when your gold pieces will be delivered if immediately delivery is not provided by the seller. The expected delivery date should be noted somewhere. Don’t order anything without this document.

Whenever you make an investment in gold in the form of jewelry, always ensure that you have sufficient documentation and can return it if required. You do not know if the gift receiver will like it or if the piece fits. In those cases, you should return the jewelry for a refund.

You must know what investments to make before you actually start investing in gold. Not everyone who claims to be a gold expert really is. They may just be trying to trick you. But, beware of over the top promises about getting wealthy. Keep that in mind, and you’ll go into it with realistic expectations.

One option when selling your gold is to send it away in the mail. A lot of people who sell gold prefer this simple option. You simply drop your jewelry items in a prepaid envelope and wait for your check to come in the mail. The price of this convenience, though, is that you will be paid considerably less for your gold. In some cases, you could get about 30 percent less for an item, so just be aware.

Even though gold is often profitable, it is also equally volatile. If you can handle quick jumps here and there, avoid it. Even if this does not bother you, it is wise to be careful. Only invest a small amount into gold. A prudent limit is about five percent.

Before buying gold, know your dealer. To find a reputable dealer that sells gold, call the local BBB. Doing this will help you find any complaints lodged against the dealer. If complaints are filed, look for a different dealer.

Before investing in gold, you should establish a few goals. Gold might be a great investment, but it’s also a very volatile one. Decide ahead of time how much you will invest and what goals you have, and you are more likely to make a profit.

Many great deals are able to be found in public for gold buying. But, you need to know why this can be risky. So, make sure you get the coin appraised. If you find a person wanting to sell a gold coin inexpensively and you are pretty sure that the coin is real, you can purchase it and hope for the best.

If you have jewelry that has gems fitted into the gold, ask to keep the stones. Note that tiny stones are more challenging to extract. Most places won’t want your small gems since they’re not worth much after the jewelry is melted.

Gold isn’t an in and out investment. It should be looked at as being wealth insurance. If you insist on timing it, do when things are calm. During the times when the economy seems rough, people have had gold shortages.

You can begin investing in the gold market with only a small amount of money. It’s okay to start with a small amount. When you are able to spend the extra money, pick up small coins and jewelry. Before you know it, your collection will grow much larger than before.

Gold has always been an important part of the monetary system. People have always sought it out for financial security. Being informed can help you to make wise investments. Armed with the information presented here, you are ready to make some smart choices in the gold trade.

Your One-stop Guide For Everything Gold Related

There are millions of people who love to wear gold jewelry, but for the most part, they know very little about gold investing itself. To make money in gold investing, it is important to know what you are doing. The advice below will be quite helpful to anyone who is not familiar with the ins and outs of gold investing.

Bullion bars are usually the safest way to invest in gold. The weights of these items may vary. The bars vary in size from half an ounce to 400 ounces. Be aware that if you are looking for the biggest bars, you will have a difficult time locating them.

If you’re sending your gold to some company via the mail, check them out before doing business 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 don’t know what your gold jewelry is worth, consider having an appraisal done. While you may have to pay a fee, the knowledge you gain will help you in the long run. You will want to find someone who is accredited in gold appraisal to get the proper value of the piece. However, do not expect to receive the exact amount suggested by the appraisal when you sell the gold.

Realize that any piece that contains gold can be sold to a buyer. Don’t overlook flatware, watches, jewelry and even broken pieces as potential sources of profit. Note that these items need not be pure gold. It just needs to be plated or maybe only a part of it’s gold. You will still receive money from the sale of these items.

Try using GoldMoney to buy gold. It’s similar to opening a “gold bank account.” With this service the money in your account is converted into gold. Of course, you won’t actually have the gold. It will stay in the bank, but you can cash it in, portion it or even redeem it to receive one-kilogram bars of gold bullion.

No matter the excitement gold buying brings, do not spread the word. You cannot put your trust too easily on people. Stay quiet about the investment and make sure you keep it safe. That will help protect your gold and you at all times.

Don’t rule out getting gold items from thrift stores or antique shops. You can find gold in unexpected places, but you have to know what to look for. Often, gold ends up in stores like this because the original owners didn’t realize the items they had were valuable. If you know what you’re doing, you can make the money they did not.

Always read the fine print of any contract so you understand it completely. This is especially important if you decide to sell some of your gold items through a mail-in program. This lets you know how much you end up with after any fees are taken off the top.

Find a gold buyer that lets you send them your gold. Although this process may be easier, you may not earn as much money. You receive a postage paid envelope, place your items inside, ship it and wait for a check in the mail. One thing to consider, though, is that the majority of these places won’t pay nearly the same amount as a local place in your area. In some cases, you could get about 30 percent less for an item, so just be aware.

Research a gold dealer before doing business. To find a reputable dealer that sells gold, call the local BBB. When you contact the BBB, you will learn whether there are complaints. If you find complaints, think about going elsewhere for your transaction.

In the last ten years, gold’s price has increased about 400 percent. It may or may not be the best time to purchase gold depending on the worth of the dollar. Weaker paper currency equates to a stronger gold market.

As the beginning of this article mentioned, most people don’t know a lot about gold. You should be just fine since you have now read this article. Use the above tips to make smarter gold decisions.

Top Pointers To Help You When Dealing With Gold

In recent years, gold has become amazingly popular as an investment. It could be that you’re looking to join in on this popular gold market frenzy as a way to ensure that your financial future is safe. To get started the right way, continue reading to learn more.

Investigate the reputation of any firm you are considering doing business with. Verify their good standing by checking with the BBB and reviews online. A buyer with a good reputation will give you good service and an equitable price for the gold you are selling. Protect your invest and look into these companies.

Before you get into investing or selling gold, it’s best to understand how it works. The prices of precious metals fluctuates daily, so it’s best to know the price of the day. If you have gold that does not weigh up to a full ounce, you may receive less than the melt value when selling it.

Look into selling gold on the Internet. You don’t need to have a physical store location anymore. There are quite a few websites out there that will buy it. Such sites will send kits in which you mail back your gold. You will receive payment based on the current market value of gold when your items arrive.

While buying gold is extremely exciting, you need to keep it quiet. Anyone could be listening at any time, and you cannot trust everyone. Lock your investment up in a safe at home or at a bank and don’t let anyone else know. That will ensure that a home robber doesn’t get away with it.

Know what you actually have in your possession. Many things look like solid gold but are not. A lot of the time there will be something mixed with the gold so it holds up better. The less gold, the less value. Many items are only gold plated. If you aren’t sure what you’ve got, you should get it appraised before you sell it.

Don’t go into the situation blindly when selling gold; always know what the market price is. Try to compare what similar sized pieces are selling for. This will help you figure out a good price point. Ask a bit above it to give room for negotiation.

Talk to multiple vendors before making a decision about which buyer you’ll go with. You might get surprisingly different offers that reward your patience. If you sell hastily, you may wind up with a poor return. Take time to get the most cash you can for your pieces.

Do your homework before rushing to invest in the gold market. So-called market experts may really be trying to grab your investment resources with little benefit to you. However, you need to be very careful when it comes to promises about making you rich. Gold won’t get you rich overnight, so don’t expect as much.

You don’t have to physically own gold to invest in it. For example, many people purchase investments in gold mining corporations and mutual funds primarily made up of precious metals. If you choose to purchase actual coins or bars, take into account the cost of secure storage of your gold.

Lately, gold has really boomed, mainly because of the state of the economy. The best approach to make the most from gold trading is to do your homework and understand these markets well. Use the advice found above, and you can prepare yourself well to deal in gold.