gold plated – Page 2 – GOLD VS INFLATION

Make Money In Gold With These Nuggets Of Knowledge

November 1, 2013 by Admin ·

In the finance world, gold is the king investment. Learn how to incorporate gold into your portfolio and develop a sound investment policy. From buying raw gold to purchasing shares in companies, there are so many things you must think about. Read on to find out about the many facets of gold investing.q

Research any mail-in gold jewelry purchaser before sending your jewelry off to them. Find out when you will receive your money, and never send your package without insuring it first. To avoid problems later on, photograph each item you are sending.

Only certain kinds of gold are suitable for contributing to your retirement fund. The IRS has to approve the gold. That means that the gold is a minimum of 24 karats, and formed as coins or bullion bars. You should be more inclined to buy gold bars, which hold greater value than coins.

Understand that any item containing gold carries value with gold dealers. It could be a broken jewelry item, table settings, home decor items or anything that is in the house. Even things that are not pure gold can have value. It could be gold plated or a bit of gold and still be sold. You are sure to turn a decent profit.

If you want to unload scrap gold pieces or jewelry items for cash, do your homework first. Many stores do not pay the going rate for gold. Local stores that don’t have outrageous overhead may be able to pay you more for your gold.

Keep your gold investing to yourself. You don’t know who could try to keep tabs on this, and you don’t want to have to worry about trusting people. Keep your investment private and secured, preferably in a safe. This ensures that you retain your gold and that it is safe regardless of the circumstances.

You should rely primarily on independent, personal research to learn about the market for gold before investing in it. There are predators out there in the gold market that claim to be big shots but just want you investing with them. Any claims that promise overnight fortunes must be taken with a grain of salt. Don’t think of it like a get-rich-quick scheme to avoid false expectations.

Investigate with the Better Business Bureau before selling your gold to any purchaser. The BBB listing should include basic data about the company, along with details about any complaints made against them. Pay close attention to whether any of the complaints were not settled in a satisfactory way. If they have many complaints or lots of unresolved complaints, consider another buyer.

Physical Gold

You can invest in gold without actually owning physical gold property. For example, many people purchase investments in gold mining corporations and mutual funds primarily made up of precious metals. If you buy physical gold, keep storage costs in mind.

Gold should be separated by karat weight before sale. A vendor may scam you by weighing what you have together by the lowest weight in karat. This will cheat you out of money. Instead, separate each karat weight before going to the dealer.

Gold Coins

One method of buying gold is to buy pre-1933 U.S. gold coins. Before then, the American economy had gold coins in circulation prior to the recall by FDR. Some people kept their gold coins. These can be purchased today.

Try to sell your gold coins when gold is selling at its peak. The stock market and gold prices change every day. You will make more money in the stock market when you understand how it works. Keep an eye out for the market to rise, then sell your gold on an upswing.

Educate yourself about gold coins before purchasing anything. There are many “gold” coins out there that are simply gold plated. One way to be sure you don’t make a mistake is to take the coin to a legitimate appraiser, who can tell you whether the coin is what the seller claims it is.

Gold maintains it’s popularity no matter what the market conditions are. Therefore, it is possible to make profits even in economic down times. This is what makes gold the choice of so many investors.

Check the monthly and weekly gold charts when performing technical analysis. You should check MCX charts to get an idea of how gold is fluctuating. Use bot of these resources to formulate the most accurate plan.

Be sure to photograph your gold before you leave it with a potential buyer. Also be sure you inquire about insurance or guarantees of the items’ safety. This information can be a protection to you if you get it all down in writing.

Inventory your items before you mail them to a buyer. Make sure you have two copies of that list. One should go in the package and the other should stay with you.

Consider how the gold was made when you buy it. Machine-made gold will not be as valuable as gold that is handcrafted. This won’t affect its melt value per se, but it will make a huge difference if it’s sold as jewelry.

If you plan to sell via a mail-in company, inquire about the firm’s reimbursement procedures in the event of loss. Many companies limit their liability for lost items. Find out if they offer more insurance if they’re not liable.

When it comes to dealing with gold, there is a lot to know. You can now make a more confident and informed decision about investing in gold. Use the advice that has been provided so you can invest in gold with confidence.

Filed Under: Investing In Gold · Tagged: gold coins, gold investing, gold plated, physical gold, stock market

How To Make Use Of The New Gold Trends

October 26, 2013 by Admin ·

One of the most sought after metals is gold. Since it’s discovery eons ago, people have treasured gold. Beyond gold’s natural beauty, it has also acted as a way to store and accumulate wealth. If you want to buy or sell gold, read these tips.

Bullion Bars

You can’t beat bullion bars for a solid gold investment. Bullion bars come in a variety of weight. Bars may be a half ounce, 400 ounces or anything in between. The smaller bars are more common, while the larger ones are harder to find.

Be sure to find a reputable gold buyer to do business with. Check with the BBB and look at reviews online before you sell your gold to a buyer. A buyer with a good reputation will normally pay the going rate for gold, and offer superb customer service than a company than is not legitimate. This extra step makes sure that you are covered and paid appropriately.

Solid Gold Jewelry

You may think that solid gold jewelry is too expensive and choose to purchase gold plated or filled jewelry. Before settling for a gold plated piece, understand that there are great deals out there on solid gold jewelry. You can get gold jewelry cheaper online or in pawn shops.

Find out what the terms are before mailing off your old, broken jewelry. Be certain you have a clear understanding of the timeline involved, and make certain your jewelry is insured. The final step is to take photos of your jewelry, just to be sure you can fight any future problems that may occur.

If you don’t have lots of money to buy gold, but still want to profit on the upside, think about buying 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 your stash in a safe place until you have enough of it to cash in.

When buying gold jewelry as a gift, make sure that the return policy is sound. You need a guarantee on any gold you buy. Because of this, it is critical that you are able to bring the piece back to obtain a refund.

Before you ship gold jewelry to a buying service, find out whether you will be charged for return shipping. If you are not satisfied with the offer, you will have to pay this amount. A lot of buyers offer free shipping but will charge you a lot to send the item back. Be certain you know exactly what those fees will be.

You can sell your gold by mail. You may prefer this since it’s a lot easier. Simply receive your prepaid envelope, place the gold inside of it, ship it and wait for your check. But, keep in mind that such enterprises tend to offer lower prices than some competitors. You might receive up to 30 percent less concerning an item you sell, so be aware of this.

Know your dealer before purchasing gold. To ensure you are dealing with a trustworthy dealer, inquire with the area BBB. You will be able to learn if there have been any complaints lodged against them. If they aren’t resolved, move on.

To be a smart investor in gold pieces, learn how to test for the grade. You measure the purity of gold in karats. Gold with a higher karat value is more valuable per ounce. The stamp on the gold is not always accurate. If you can test the purity, you will never over pay.

To protect yourself and get a good deal, always do research on anyone you might buy gold from. This is very important, especially if you’re mailing it to someone that doesn’t live in your state. Companies purchasing gold are generally listed with the BBB. You are able to see any complaints filed here.

Make sure you look into the buyback policy of a seller. Some gold buyers charge a premium to resell your gold while others do not. When you are thinking about sending hefty gold bars or pieces to non-local dealer, consider the logistics. It is always best to hold on to the gold you purchase yourself to ensure its safety.

If there are small gems in your gold piece, ask to keep the gems after the gold is melted down. Some may be more difficult to remove than others. Little gems aren’t worth anything to most dealers.

Know what you’re buying. Lots of coins that are labeled as “gold” are just plated with gold. Confirmation from a certified appraiser will ensure that the coin you are buying is real.

Gold jewelry should always be separated according to karat content before it’s weighed and priced. Jewelry with a higher karat rating is worth more. That’s why those with fewer karats will reduce how much you get for your pieces. Make sure to separate the items before you go to sell.

You should find out how much your gold is worth before selling it. Usually, when you are trying to sell your gold pieces, dealers know that you want to make quick cash. This knowledge can be the difference between profit and loss. Check out www.goldprice.org to keep up-to-date with the price of gold.

Now you know about the absolute value of pure gold and why it’s treasured by many people. Gold is one of the best investments you can make. Use the advice from this piece and get going on your gold investing plan.

Filed Under: Investing In Gold · Tagged: bullion bars, gold pieces, gold plated, higher karat, solid gold jewelry

Gold Info You Ought To Know About

October 19, 2013 by Admin ·

With the value of traditional currency losing its value in many countries, more and more people are investing in gold. First, you must gain a solid understanding about investing in gold. Keep reading this article to find out how you can take advantage of the availability of gold.

Fully research any buyer that you’re considering sending jewelry to through the mail. Ensure you understand the reimbursement terms, and don’t neglect to purchase postal insurance for the package. Also, make a photographic inventory of every item you send.

If you’re interested in investing in jewelry made of gold for someone other than yourself, make sure that you have the ability to return it for a full refund if necessary. It is impossible to tell if a jewelry item will be well liked or suitable. In those cases, you should return the jewelry for a refund.

Realize that any piece that contains gold can be sold to a buyer. Whether it is jewelry or home decor related, it could be an everyday item that you have within the home. It doesn’t have to be 24 karat either. Items that are gold plated or filled are also valuable. You still stand to make a fair amount of money selling it.

It’s always a good idea to verify the spot price before making a purchase the same day. You can find that on a lot of websites, and that can change every day. As you prepare to make a purchase, it is best to avoid any price with a markup of greater than 8 percent. There are dealers who attempt to charge a higher amount, but they are unethical and simply overcharging.

Figure out what you’re really in possession of. A lot of the time, gold isn’t really worth what it looks like it’s worth. Some jewelry is a composite of a number of different metals. This can lower the price. So, too, can items that are simply gold plated. Have an appraisal done on large amounts of jewelry or gold whose value you are uncertain about before selling it.

Research the market price of gold before you attempt to sell yours. You should also look around to see what other people are asking for similar pieces. You will get a general idea of the kind of price you can get. Always ask for a bit more than you really want in order to allow for negotiation.

A magnet can be used as a cheap and fast way to determine if a piece is really made of gold. It is true that precious metals are not attracted to magnets. In some cases, individual parts of a piece (like the clasp) may be solid gold while other parts are plated. The magnet will tell you the truth.

Know how to test the grade of gold so that you will be sure to get what you are paying for. Purity is rated in karats. The purer the gold, the higher the karats and the more valuable it is by the ounce. You can’t always trust a karat stamp. You will not inadvertently purchase bad quality if you know how to do gold purity tests.

Gather information about any gold dealer you are considering selling to. This is very important, especially if you’re mailing it to someone that doesn’t live in your state. Always consult with the BBB (Better Business Bureau). They should have records for large gold buyers, and you’ll be able to see whether or not they have a reputation for treating their customers fairly.

Establish some goals before deciding what kind of investment is best for you. Though gold stands up well against a bad economy and inflation, it can be risky. Setting the right limits and also the right goals will have you faring better in the gold market.

Many people get excited at the prospect of making a fortune on the gold market. But, lack of knowledge prevents people from properly using this market for profit. With any luck, this piece has started demystifying the process for interested parties.

Filed Under: Selling Gold · Tagged: gold market, gold plated