Category Archives: Philanthropy

Expert Advice On How To Become Gold Savvy

Do you believe that you can make all your dreams come true by investing in gold? This will only happen, though, if you educate yourself about smart gold investing. Keep reading for some expert advice on investing in gold.

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. Watching the market can help you to buy or sell your gold at a great price.

Check the current price in the gold market before you sell your 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.

While you may be very tempted to quickly send off your old gold scraps and jewelry to a business that buys gold through the mail, do your homework about the company first. You should be clear about when you can expect to be paid. Insuring your gold shipment is a good idea, too. To avoid problems later on, photograph each item you are sending.

Anything with gold can be sold to a good dealer. Examples of saleable items include broken jewelry, spoons, forks, household goods, etc. It also doesn’t have to be 100% pure gold. Even gold plated items will have some value. You will still stand to make a bit of profit.

If you intend to convert your gold jewelry into cash, you’ll have to choose between selling it as jewelry or for the “melt” value of the gold it contains. Many buyers only want to pay for the melt value of the jewelry. Don’t let this hamper you, because you’ll find the right buyer eventually.

Keep your gold investing to yourself. You really don’t know who can be trusted when it comes to your investments. Lock your investment up in a safe at home or at a bank and don’t let anyone else know. This ensures that you retain your gold and that it is safe regardless of the circumstances.

Be careful approaching the gold market. Every marketplace has bad apples, but the gold arena is renown for possessing quite a few. There are quite a few people out there that would just love to dupe you out of what you are really owed. For this reason, it is very important to thoroughly research any gold buyer you are considering.

Always understand what you are signing. If you use any of the abundant mail-in gold buyers, study the fine print carefully before making the sale. This lets you know how much you end up with after any fees are taken off the top.

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. You might have to pay a fee to get this appraisal, but it might bring you profit eventually. Appraisers might be aware of someone that wants to purchase your jewelry.

You aren’t likely to turn a big profit right out of the gate, but this article will mean steady success into the future. By setting gradual benchmarks that you work towards each day, your profits will start growing at a respectable pace. Take your time to get more out of it and be sure to enjoy it.

Wondering What All The Fuss Over Gold Is All About? Check Out This Advice Today!

Gold is something that has been a tremendous value and worth. Since its discovery in ancient civilizations, it has been treasured by people. Here is some advice on how to get started with gold, whether you’re planning on investing or just looking to buy gold jewelry.

Try selling gold online. There’s no reason to confine yourself to brick-and-mortar stores when selling your gold. Numerous websites exist on which to buy and sell gold. You will get a kit to return gold. They will send you payment for your goods after they receive your items.

Prior to selling old jewelry, research the going price for gold. This allows you to evaluate a dealer’s offer against the current market rate. Most dealers will give you the market value, but some will rely on the fact that people just want cash to try and get the best deal possible for themselves.

Before you mail off your gold, make sure that you understand the polices, fees and terms of the company you are dealing with. You should be clear about when you can expect to be paid. Insuring your gold shipment is a good idea, too. Also, make a photographic inventory of every item you send.

If you plan to invest in gold as part of your retirement plan, be sure to do it wisely. It’s crucial that the gold be IRS approved. It needs to be either 24 karat coins or bullion bars. Bars typically are more valuable than coins are.

Anything gold is able to be sold. Examples of saleable items include broken jewelry, spoons, forks, household goods, etc. In fact, a gold piece doesn’t have to be 100-percent gold to be worth something. The items can be gold-plated or made of an alloy containing gold. You can still get a good return on the sale.

Melt Value

When it comes time to sell your gold, figure out if you would like to sell it for its melt value or simply as a piece. Most private sellers and pawn brokers are only willing to pay melt value for gold jewelry. Never let this dissuade you, however, as you are sure to locate an appropriate buyer eventually.

Figure out what return shipping will cost if you don’t like the offer the mail order gold buyers are willing to give you. Many companies advertise no shipping costs, but they often hide large handling fees in the fine print. Know ahead of time if you must pay to get jewelry back.

Keep your gold investing to yourself. You may not know who is overhearing you, or who is trustworthy. You want to keep these investments safe, mainly stored at the bank or at home if you’ve got a good safe. That will ensure that a home robber doesn’t get away with it.

Do not forget to search thrift shops and antique stores for hidden treasures. If you have a discerning eye, you can locate great pieces. Usually, you will see donated items of great value because people are unsure of their cost. Their loss can be your gain.

You must know what investments to make before you actually start investing in gold. Some people may try to trick you so you invest money with their company. However, you need to be very careful when it comes to promises about making you rich. If you do not buy into the premise that you will get rich quickly, then you won’t be disappointed.

Before you sell your jewelry for scrap gold, have them appraised. This tends to be true for pieces that have intricate workmanship and details. Although you may be charged a fee for the appraisal, it may earn you more money in the long run. An appraiser might even be able to help you sell your special item.

After reading this article you should be better educated in the investment of gold. Gold is not only attractive to wear, but it also makes a solid investment. Use all the valuable tips learned here so you can make wise investments in the gold market.

Unlock The World Of Gold By Following These Simple Tips

What aspects of gold trading are you aware of? Are you new to buying and selling gold? Have you traded gold before but want to learn more? Regardless of your experience level, you can gain from the advice in this article. You should be able to find what you need here.

You can actually sell your gold online. Gold transactions do not require traditional physical storefronts. You can find a lot of websites to sell gold. You can get a kit to send your gold to these websites for money. They will give you an offer, if everything goes properly.

Before buying from a gold seller, schedule a timely delivery. If this is not possible, make sure you get a written contract outlining when the items will arrive. The confirmation should include an estimate of the delivery date. Complete your order only when given this information.

If the reason for purchasing gold is for your retirement fund, it’s crucial to purchase the appropriate kind. Gold as an investment must be designated as approved by the Internal Revenue Service. They must be 24 karat bullion bars or coins. Bars typically are more valuable than coins are.

Always check the daily spot price before you buy gold. This information is readily available online. Be aware that it is updated every day. Don’t buy anything marked up over 8% of this. Anything more is unethical.

Don’t sell your items to the first buyer you come across; always get a few quotes. You might be surprised by the price variants. 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.

Knows all the details in a gold sales contract. Read any materials the company you are sending your gold to provides you with. This way, you will know the exact amount of the fees and commissions you will be paying.

Before doing business with an gold dealer, you will want to inquire with the BBB. The BBB listing should include basic data about the company, along with details about any complaints made against them. Look at the complaints to see whether or not they were resolved. If there are a lot of complaints on their record with the BBB, move on to a different business.

Before you buy gold, know the dealer. Check with the Better Business Bureau to verify the reputation of a dealer. You can check out complaints and see if they were resolved. If they aren’t resolved, move on.

Learn how to verify the quality of gold pieces. Karats are the measurement of the purity of gold. Twenty-four karat gold is the purest form of gold and is the most expensive. You cannot just go by the karat stamp. Knowing how to verify the karat of gold will help you keep from overpaying for bad quality gold.

Do a little price verification before you set your heart on selling your gold via an online service. You might get more for your gold from a neighborhood dealer. Mailing may be convenient; however, you may also be losing quite a bit of money.

Once you have all these things in your mind you can really start to get into gold. You will be able to sell and buy knowing that you’re doing the right thing and you can make a lot of money. That is, after all, the goal of most who get into this business.

Don’t Look Anywhere Else Until You Read These Great Tips About Gold

Gold has been a popular way to hold on something of lasting value for a long time, but its popularity in the current market has increased because of the shaky economy. If you’re interested in gold, the material here can provide some excellent investment insight. Keep reading for some useful advice.

The price of gold changes often, so you need to know the value of your gold before attempting to sell it. If you decide to sell your gold, pieces with different karat values should be weighed and valued separately. Avoid selling jewelry that is worth more because of the designer or maker.

It is possible to sell gold online. Gold deals no longer have to take place at a “real” store. Just visit a reliable website that will buy your gold. You will receive a kit that will allow you to mail your gold items off. They will pay you their standard per ounce price for your gold.

Before buying from a gold seller, schedule a timely delivery. It you don’t have it delivered immediately, find out when you will receive your gold. Their expected delivery date should be indicated. Don’t not follow through with the purchase unless you have this in hand.

Research any mail-in gold jewelry purchaser before sending your jewelry off to them. Be sure you figure out when you’ll get sent a payment, and be sure things are insured too. You can also protect yourself in case of any disputes by snapping some photos of your jewelry before sending it off.

Sell only to gold buyers who are licensed by the state. Licensure is not a guarantee of credibility, but it is certainly a good indicator. Remember that you have hundreds of options available, so do not be pressured into doing business with the first company to make an offer.

Know what you are working with. Pieces that appear to be gold may not be worth gold’s weight. A lot of the time there will be something mixed with the gold so it holds up better. The less gold, the less value. This is the case with gold plated items. If you don’t know what kind of piece you have, take it in to be looked at before you try and sell it.

When attempting to sell your gold, you want to do your research into the market price. Compare prices with other gold dealers. This will help you establish a price level to utilize. Ask a bit more than you want so you can negotiate with the buyer or seller.

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 item will have a stamp. However, you may see no sign at all but there are ways to determine its value. One method that can be used is the acid test.

Before selling gold, separate everything by karat. This makes selling it much easier and prevents the vendor from trying to scam you. That will result in a lower payout for you. Be safe and maximize your value by having all the gold separated before dealing with the buyer.

You can sell your gold by mail. A lot of people who sell gold prefer this simple option. You get a mailer that is prepaid, place jewelry inside and send it, and you get a check. But, keep in mind that you may not get as much money this way. In some cases, you could get about 30 percent less for an item, so just be aware.

Most understand the true value of gold market, and how it has contributed the wealth of many. These recent hard economic times have increased interest in gold. Hopefully, the guidance above has given you the resources you need to get great results.

Everything You Have Ever Wanted To Know About Gold

Gold is something everyone’s curious about but not everyone is knowledgeable on. Not being knowledgeable about it makes it difficult to get all of its advantages. If you’re one of these people who doesn’t know much about gold, these tips will be helpful to you.

When you buy some gold jewelry for another person, make sure they have a refund policy. You’re not going to be sure about the jewelry fitting or whether or not a person actually likes the piece. For this reason, it is important to purchase jewelry items that come with a money back guarantee.q

When considering mailing your gold away for sale, be certain you know how much return mail will cost should you change your mind. A lot of buyers offer free shipping but will charge you a lot to send the item back. You should be well aware of what this could cost in advance.

While gold buying can be fun, don’t tell everyone about it. You really don’t know who can be trusted when it comes to your investments. Play your cards close to your chest and keep your gold in a home safe or a safety deposit box at your bank. This ensures that your gold is protected under all circumstances.

Don’t avoid searching antique shops or thrift stores for gold. Just make sure you know what to look for. Many people don’t understand how valuable their items are, so they sell for cheaper than they could at these places. You can benefit from the seller’s loss if you research a bit.

Understand what you really have. Appearance alone is not an accurate gauge of the value of your gold. Other metals are frequently put together with gold in order to make it stronger. The price will be affected by this, often lowering it. Also, some items may only be gold plated. If don’t know what you’ve got, have it appraised before you sell it.

Confer with the gold party rep to determine the method used for judging karats. Quite often, the gold will be stamped. Sometimes, however, there is no visual sign, so many representatives have other methods of figuring it out. One method that can be used is the acid test.

Gold Market

Always make sure you’re researching the gold market prior to investing in anything. There are predators out there in the gold market that claim to be big shots but just want you investing with them. Be careful of promises claiming you’ll become rich. Don’t think of it like a get-rich-quick scheme to avoid false expectations.

Be certain to review the sales contract carefully. If you’re trying to sell gold to people through the mail, then you have to go over the fine print carefully before you sell gold. This will show the commission and fees associated with your transaction.

Gold investment covers a lot of different options besides acquiring and holding the metal itself. Buy shares in traded or mutual gold funds or invest in some gold mining stocks. Buying gold bars or coins involves considerable storage. Remember you must keep these things in a safe place.

Gold prices continue to rise. Gold is a market that varies daily and it’s unpredictable when the price will go down. Essentially, a weak dollar means strong gold prices.

As previously discussed, for as many people as there are that love gold, very few know much about it. Hopefully you now have a better understanding about the benefits of investing in gold. Use the information above to assist you in making wise decisions.

Get To Know Everything There Is To Know About Gold

Gold is always valuable and the fluctuations of this precious metal are easy to predict. If you want to put your mark on gold investing, realize that you can right along with powerhouse investors. Here are tips that will help you sell and buy gold.

Do you know how pricing on precious metals works? Silver, gold and platinum prices vary from day to day, so spot check a price on the day you plan to do business. You also will have to pay more than melt value, but you will sell below melt value.

Read reviews and do your research before choosing a dealer to buy your gold. The BBB can be a great research, as can online customer reviews. Talk to several different buyers and get quotes from all of them to ensure you get the best price for your items.

Do not allow the high price of gold to deter you from buying quality products. You will not benefit from buying jewelry that is plated or filled with gold. However, it’s still possible to buy gold jewelry and not need to spend a fortune at the jewelry store. Visiting flea markets and pawn shops can help you to get the very best price.

Anything with gold can be sold to a good dealer. From broken jewelry to gold fillings, it can all be sold. Solid 24-karat gold isn’t the only type that dealers are interested in, either. It may just be plated or partially pure. You may still get a little of your initial outlay back.

When you decide on buying gold the first thing to do is look at the spot price. Many websites update this information daily. When you do buy, avoid more than an 8% markup. If you find a dealer asking for more than 8%, they’re overcharging and may not be ethical.

If you think you’re going to mail off your jewelry, you should see what it’s going to cost to have things mailed back if you don’t like their offer. A lot of companies say they offer free shipping, but if you refuse their offer they charge a great deal. Know what you’re up against before you mail anything away.

Look around before deciding on purchasing from a gold buyer. You’ll be surprised by all the different offers you’ll get. If you don’t shop around, you may not get what you are owed. Get the most money for your gold by spending time to comparison shop.

Be sure to do your homework about current gold values prior to any investment decision or action. There may be people claiming to be market gurus who are trying to lure you into investing with them. But, be wary of get-rich-quick promises. Avoid such talk and thoughts so you can avoid unrealistic expectations of what gold can do for you.

Earring backings are often solid gold, even when the earrings are not. Ring bands, clasps on necklaces, and other easy-to-overlook bits of jewelry also often have significant gold content. Since these items are so small individually, it’s best to sell them together in a larger lot. That means they are collected into an assortment that can bring a better price together.

Check Better Business Bureau ratings for gold dealers and jewelry stores before deciding where you want to sell your pieces. Here, you will find information regarding the business, as well complaints and reviews from people who’ve dealt with them before. The key thing to look for is how complaints against the business were resolved. If you see that there are a lot of unresolved complaints, you may want to go with someone else.

You can still invest in gold without physically owning any. Stocks in gold mining or gold based mutual funds are two such alternatives. Buying gold bars or coins involves considerable storage. Remember you must keep these things in a safe place.

Gold Prices

Gold prices have increased by over 400 percent in the last decade which is good if you own gold. The exact best time to really buy gold is not fully known, but it largely depends on how the dollar does. Essentially, a weak dollar means strong gold prices.

Now that you have read this article, you should have a head full of ideas about how to get started in dealing with gold. Hard work, good research and smart investments help you make profitable decisions. Use these tips to prepare yourself.

Get Top Tips On Gold Buying And Selling Right Here

Do you understand how to trade gold? Do you feel like you are new to the game? Or are you advanced and just seeking tricks and tips? Amateur or professional, anyone can benefit if they read the tips provided here. We know you’ll find out something new.

Before you get into investing or selling gold, it’s best to understand how it works. The prices for precious metals go up and down from one day to the next. Therefore you must find the price on the exact day before you agree to do business with someone. You might need to pay a higher percentage for melt values such as 1/10, and 1/2 fractional pieces.

Always do your homework to find an honest and reputable gold buyer. Check online reviews, BBB.org and their websites. Additionally, get several offers before selling to a gold dealer to ensure you get top dollar.

Sell Gold

It is possible to sell gold online. You no longer need to buy and sell gold at a physical location. You can also choose to use an independent online site to that specializes in buying gold. The online business will provide you with a special kit that you can use to send your gold pieces. They will send you payment for your goods after they receive your items.

Be sure you research a company before sending them gold in the mail. Be certain you have a clear understanding of the timeline involved, and make certain your jewelry is insured. You can also protect yourself in case of any disputes by snapping some photos of your jewelry before sending it off.

Do a little comparison shopping before you sell jewelry or other gold items, even if you’re looking for a quick cash-for-gold deal. Many stores will charge a higher rate than the posted spot rate for gold. This is because they must take into consideration their overhead and commissions when purchasing gold.

Proceed with caution. There are many unscrupulous companies out there who deal with gold. Lots of people claiming to be honest gold buyers really just want to trick you. Because of this, you need to be extra cautious and really research.

Know what you have. Not everything that looks like gold is worth its weight in it. Many times, gold is mixed with other metals to increase its strength. This results in a price reduction. This is also true of items that are just plated. If don’t know what you’ve got, have it appraised before you sell it.

An inexpensive and simple way to see if an item is gold is with a regular household magnet. Precious metals, gold included, are not magnetic. Check the clasp separately from a chain. A magnet is a good tool for discovering fake gold.

Before you sell your jewelry as scrap gold, have it appraised. This tends to be true for pieces that have intricate workmanship and details. While the appraisal costs money, you might end up with more later on. Appraisers also may know of an interested party for your precious jewelry.

With these terrific tips at hand, get ready to conquer the world of gold. You can make a profit and hedge against tough economic times by using gold as an investment. Learning all that you can is what will help you to become successful.

What You Did Not Already Know About Gold

If you know what you’re doing, you can capitalize on the gold market. There are many people out there who are looking at gold as a wise investment. If this interests you, read the tips here to make you a better buyer or seller of gold.

You can sell gold online. Gold trading doesn’t necessarily have to happen at an establishment with walls. You can find a lot of websites to sell gold. Most sites work by mailing you a mailer or kit. You then use your mailer to ship the gold. They will pay you once you send the gold in.

Gold Jewelry

When you first check out gold jewelry, you may be in for a bit of sticker shock and decide to buy gold-plated jewelry, instead. But, it is still possible to purchase gold jewelry without having to go to a jewelry store and spend a fortune. Buy cheaper gold jewelry online or at a local pawn shop.

Have your pieces appraised before you sell them as scrap gold. This is particularly important for unique pieces with detailed craftsmanship. You may have to pay for the appraisal, but it might help you get more money. An appraiser may know someone that’s interested in your jewelry.

Frequently, earring backs are made of solid gold. This is the case even when the earring is not made of pure gold. Quite often, necklace clasps and ring bands are real too. Since these items are so small individually, it’s best to sell them together in a larger lot. You will get more money if you put them all together.

If you’re not looking to own gold, you’ll still be able to invest in it. Some choices include investing in mutual funds with a gold focus, buying exchange traded fund shares focusing on gold or purchasing stocks in gold mining. Choosing to own gold means that you must have a secure place to store it.

Before you sell gold, put it in different karat weights. 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. This will cheat you out of money. Separate your items by karat in advance to avoid being tricked.

Make sure you have separated gold as far as karats when you are figuring out your investments. If you don’t do this, the buyer is likely to give you the price for the lowest karat. Your gold means more at a higher karat.

Ask people you know for their broken jewelry. Get a decent jewelry scale to weigh your gold. Your relatives can earn more than a pawn shop and you still make some money.

You can see that anyone can be a player in the gold market. Hopefully, the tips presented here have expanded your understanding of how gold investment works. You should now be able to make confident investments using the tips you’ve read. Start with a small investment and stay up to date with the way the price of gold fluctuates.

Curious About Trading With Gold? Try This Expert Advice

This article is ideal if you are interested in gold but have yet to figure out how to get started. You shouldn’t feel intimidated, but you should feel knowledgeable about this market. Investing in gold carries many advantages, and you must learn what they are.

Gold is something that changes in price all the time. This is why you should know what it’s worth prior to selling. 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 with a designer name that has a higher worth than straight melt value.

Consider delivery time when buying gold. It you don’t have it delivered immediately, find out when you will receive your gold. The expected delivery date should not be a mystery; it should be clearly stated. Do not complete your order without this important information.

Before going to sell your jewelry, investigate what the current market price of gold is. Doing so will help you figure out if a dealer’s offer is a good one or not. The majority of dealers will offer you market value for your gold, but some know that sellers just want to convert their items into cash quickly, and they take advantage of the buyers.

Always research a company you want to send gold jewelry to. Be certain you have a clear understanding of the timeline involved, and make certain your jewelry is insured. Make sure that you photograph each piece of gold you’re sending before you mail it off.

It is important to invest in the right type of gold when doing so for your retirement. It has to be IRS approved. It must be in the form of 24K coins or bullion bars. Because they hold their value, buy gold bars instead of gold coins.

Have a professional appraise your gold jewelry if you do not know how much it is worth. This adds an up-front cost, but it could save you a lot of money later. And make sure you only hire an independent and accredited appraiser to be sure you get an honest appraisal. If you’re going to sell the gold you have, you’re not going to get the appraisal value.

Only sell to buyers that have a state license to buy gold. While you could still get ripped off, a licensed buyer is more likely to be reputable. 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.

Research the daily spot price before you sell your gold. Compare prices with other gold dealers. This will give you a price point to work with. You should always ask for a slightly higher price so you can negotiate with the buyer.

How does the seller know what the karat rating is? Many items are stamped. In other cases, there’s no visual evidence and the rep must make the determination by an alternate method. Acid testing is a very simple way to asses karat quality. If you see this method being employed, it’s possible that the tester is a relative newcomer.

Be sure to check the credentials of all gold buyers, jewelry stores and dealers with the Better Business Bureau. In this way, you can get sound information on the performance and history of these entities. The key thing to look for is how complaints against the business were resolved. If the number of complaints is high, it would be a wise decision to do business with a different company instead.

If you are trying to acquire some gold as an investment, check with friends and family to see if they have any broken jewelry pieces they want to sell. Simply purchase a quality jewelry scale to find the exact weight of the gold. This allows you to make a fair offer on the value of your friends’ and family members’ gold pieces.

You now know what to do to start on the right track. Make the most of this information to begin your foray into gold investment. With time, you’ll find that gold investing can be very advantageous.

Investing In Gold And Making A Fortune

Any savvy investor should have commodities as part of their investment portfolio. The best commodity to own is gold. Whatever your reason for wanting to look into trading gold, this article has pointers to get you started.

When you invest in gold, it is a good idea to go with buillon bars. These come in various weights. They range from just under an ounce on up to 400 ounces. Four hundred ounce bars will be hard to locate.

Learn how precious metals are priced before you trade in gold. With silver, platinum and gold the prices vary wildly throughout the day, and in order to get the correct price you must spot check it on the day before making a purchase. 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.

Comparison shop when it comes to selecting a buyer. BBB and consumer reviews are two sources of information that can give you an indication of a dealer’s reputation. If you get quotes from multiple buyers, you will get the most for your gold.

Think about selling gold on the web. You don’t need a storefront to buy and sell gold. You can also choose to use an independent online site to that specializes in buying gold. You will receive a kit that will allow you to mail your gold items off. They end up paying you once they receive it, but they usually won’t pay you a lot.

You should always ask for timely delivery when purchasing some gold from a reliable seller. If this is not possible, make sure you get a written contract outlining when the items will arrive. A date should be spelled on this piece of paper. Don’t go through with the order if they can’t provide you with the delivery date in writing.

If you are interested in investing in the gold market, but do not have lare amounts of capital, consider purchasing scrap gold. This is easy to do over time, and can lead to an accumulation of real value in the span of a year or two. Keep the gold somewhere secure until you’re ready to sell it.

Why not get your gold jewelry appraised if you are not too sure about its current value? This will cost a little money up front, but it’s important to know what you have. If you want to obtain an unbiased value, retain the services of a certified appraiser. Even if you still choose to sell, do know that you aren’t going to get the appraised value.

When it comes to purchasing gold, GoldMoney is a site to consider using. It’s akin to opening up a bank account but with gold instead. With this service the money in your account is converted into gold. You can redeem the gold bullion in one-kilo bars or leave it in the vault and trade it or cash it in.

Gold Representative

Talk to a gold representative to learn how they test gold for purity. Frequently, the gold piece will have a stamp on it. Other times, there is no way of knowing. A way to tell if a gold representative is new and inexperienced is if they use an acid test. This is a simple test used by newer gold dealers.

Don’t sell your gold until you have to do so. Gold usually increases in value, so it is something you should keep around for a while. The longer you can hold your gold, the more profit you can make on it.

Having read this article in full, you now know a thing or two you previously didn’t. Put these tips to use to make extra money or invest in gold. Remember this information to find success with buying or selling gold.