When looking to sell gold jewelry for cash, there are a few things you should know about the different types of gold and other precious metals out there. First you need to know if your gold is real gold or just gold plated or painted. It is possible to believe that your jewelry is real gold if it doesn’t have the karats imprinted on it somewhere. Gold plated items should include some sort of label such as GP. An easy way to tell for certain if your gold is real is to bring it in to a jeweler or pawnshop.

There are two main types of gold: yellow gold and white gold. Yellow gold is just as the name implies – yellow. White gold on the other hand is not quite white but more silver with a touch of yellow. Palladium white is a bit more gray or silver in nature. There is also some gold used in jewelry that is milled with a slight shade of red, which is called rose. This red gold looks a bit more like copper than yellow gold.

Another precious metal that many gold refiners often purchase is platinum. Many people actually mistake platinum for white gold but it is actually a completely different precious metal and is a bit heavier than gold. As a very strong metal, platinum is perfect for jewelry making. Just like gold, you can sell platinum jewelry for cash at many refiners. It is very important not to confuse sterling silver with platinum though as the two look quite similar. Platinum price has risen quite recently just like gold so it is the perfect time to sell.

Although jewelry is generally what you think of when you hear about selling gold for cash, there are many more common items that contain gold. Items like gold coins, screen, mesh, dust, and electronic scrap.

A few years ago, gold buyers would get dental gold from time to time. Now they are getting it on a regular basis. People that have old bridges, fillings or crowns made of gold are choosing to sell them rather than have them in a bag for years. They don’t have any second thoughts about selling gold dental work. After all, not too many people are sentimental about old fillings.

Now you might wonder how much you can actually get for your gold but there is no real consistent answer. The value of gold changes all the time depending on the market. On top of that it depends a lot on how much you have to sell and how many karats it is. Gold buyers only by gold based on the gold content in the item, so the price can vary greatly from piece to piece. It comes down to just finding a gold refiner who will pay you more than all the others.

Heather writes articles on a website where she teaches people how to sell gold for cash and how to avoid cash for gold scams. If you want to learn more about popular gold buyers visit the site.

Gold is real money – it is something that has real physical and financial value. It has endured the test of time, like no other currency. For thousands of years it has been relied upon as a measure of wealth, and for good reason too.

Currencies all over the world, every single year, go down and down in value, and that’s why every single year prices of goods and services go up. The money in your pocket or in your bank is effectively worth less and less each year. Your money is now buying way less than what it would have bought you 100 years ago, whereas an amount of gold bought a 100 years ago would now buy you way more.

Gold only cost $34 per ounce back in’70 and now, in 2009, it has hit a record price of $1150 per ounce. Gold investors have made huge profits over these past few years – just last year gold could be purchased at $800. That’s a huge 30% increase in just 1 year alone. As for the future, Citigroup, USB and other big investment firms have predicted gold prices to hit over $2000 an ounce in the very near future.

The best way to invest in gold is to buy actual physical gold you can see touch and smell, which is why everybody lately has been investing in gold coins. Buying gold bars is another option, but this is beyond a lot of people due to the huge upfront cost needed. With gold coins though, they come in smaller, more affordable options, meaning that they are accessible to even small or first time investors. You can also divide up your investment and sell any amount off while leaving the balance untouched.

So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don’t need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.

One final point, just in case you’re not yet convinced about the prospect of investing in gold – recent reports have shown that a $1000 investment, made in’70, in rare gold coins, would now be valued at nearly $60,000.

For more information on the best places to buy gold coins visit http://www.gold-coins.com.au, where you can also see the latest gold price.

Because gold is over $900 an ounce again many are considering once again to sell off their scrap gold for cash. They are drawn in by the commercials that everyone has seen by now on TV offering a big lump sum of cash for you gold. But in reality, it is not possible to get full value for your gold and many companies won’t even offer close to retail value. This is due to many reasons but one of the main reasons is that many people do not even know how much their gold is worth. In the following article I will explain how you can find out the value of you gold and how you can sell your scrap gold safely and easily.

Before you do anything you need to understand a few key points that will allow you to sell your gold without getting ripped off. Some of the best advice that I can give to you is to make sure that you research the companies that you will be dealing with. You have to do this if you want any chance at working with a legitimate refiner that will actually give you top dollar for your gold.

One of the first things that you should check is to see how long the have been in the gold buying business. Anything under 5 years should be reason to check deeper. Check Google or some other search engine for information about the company and see if they have any complaints built about against them. A good place to check also is the Better Business Bureau’s website where you can see their accreditation rating.

The next vital step is to find the companies website and check out their buying gold policies and how much they pay. Find out their address while your there and check to make sure that it actually exists. You want the company to own their own refinery and not just be a middleman gold dealer.

Look for a telephone number for the company and call them with any questions you might have. Check their customer service and how they treat you but make sure not to give into any pre-sale pressure they might put on you. This is the perfect time to see what they might offer you for your gold.

After checking out the company, you need to find out how much your gold is worth. Since the price changes daily you will have to get the price from a popular financial site like CNN or Goldprice.org. Some gold refiners will let you enter a contract and lock in that day’s price and some others will just deal with the current day’s price. The formula for figuring out how much different karat’s of gold is worth can be found all over the internet and there are even some calculator’s available.

One you have your company that you want to sell to and the price of your gold, you need to understand that you don’t have to take the refiner’s first offer. In fact many times you can get a better price by declining and contacting them. Just make sure that you do contact them though if you don’t like their offer because some will smelt down your items after a certain time period.

Ninety percent of the actual value is a good selling price for you if you can manage to find a refiner that offers a price as good as that. Really anything above eighty percent is a decent offer and you should take it if you don’t find any higher than that.

Try to avoid any companies that do not refine their own gold because companies that are middle men have to buy at a lower price to be able to resell at a profit. This is also another way to avoid scammers. Most scammers do not have a refinery themselves but sell to someone else. This is also the only way to get top dollar for your gold.

Finally, make sure your gold is insured while in transit to the company and that they return it insured, if their quote is not accepted by you. If you do not buy insurance you can lose everything either by accident or by purposeful fraud. It’s worth it to spend the extra couple bucks to make sure that everything goes as planned rather than be out hundreds if your gold scrap goes missing.

If you follow these pointers in the selling of your scrap gold jewelry by dealing with reputable dealers and refiners, researching different companies, and accepting only the best offers, you should be well on your way to getting a nice lump sum of cash for your gold. It should also save you headaches in the future as well as lead you to making wise decisions.

Jack writes articles on a website where he teaches people how to sell gold for cash and how to avoid cash for gold scams.

categories: money,finance,personal finance,gold,precious metals,business,sell gold,cash for gold,cash

Since the beginning of time, gold has been valuable, even when it was hard to come by. Back to the third millennium B.C, gold was used to signify wealth. It is still used in that capacity today. The Egyptians used gold as expensive jewelry decoration, with their leader on each necklace or medallion. Then there was the Great Gold Rush in California in the’00s. Nothing was more important to the people than finding gold. Some would sell gold, while others kept it as their most prized possession. Gold has always held an important place in our lives.

In modern times, gold is just as valuable. The price of gold has been on the rise for weeks now and is going for more than $1000 an ounce. And if things continue this way, we may even see prices for twice that in the upcoming months. Of course with gold so valuable right now, those with it in their possession are thinking seriously about selling it. Just think about the old gold jewelry sitting in your jewelry box collecting dust. Wouldn’t you love to turn it into cash? Of course you would, but how much should you get for it?

Since the cash for gold business is booming, there are a lot of gold buyers eagerly waiting for you to turn your gold into cash. They will take just about any kind of scrap gold that you have but example might include: broken necklaces where more than just the clasp or single link is missing, a single earring where the other is missing, out of style bulky gold chains, or just any other gold jewelry you don’t wear anymore. Any of this type of scrap gold can be used to turn into cash which you can then use however you’d like. And this stuff doesn’t even have to be broken. It can just be jewelry you don’t wear anymore like a class ring. Think about this – if you never even take it out of the box anymore, any price is a good price.

Of the best ways to sell your gold for cash is to look for a reputable gold buyer with a reputation verified by the Better Business Bureau. Most gold buyers will first send you a gold kit with which you can mail in your gold items. Then it’s just a matter of deciding what you want to sell to them. If you do a quick search around the house before you seal up the kit make sure you don’t have any gold hidden away. Gold is in more than just jewelry so you may have to do a thorough search. When they finally receive your gold jewelry they will appraise it and either mail you a check with their offer amount or just send you a notice detailing their offer. At that point you can either accept or reject it. And if you reject it you can just go about the process again and find another gold buyer that is reputable.

There are a few factors that might change how much cash you receive for your gold. For instance pure gold, or 24 karat gold, is what the spot price of gold is based on. But gold jewelry is almost never 24 karats as that would make it far too soft and easily broken. The price you get from the gold refiners will depend on how many karats your gold is. Also you have to take into consideration that the price of gold changes daily so what you see today may not be the same price tomorrow. The price may change day to day or it might just stay the same. Many gold buyers will let you lock in the current price when you contact them, which may or may not be a good thing.

Hank runs a website where he shows people the art of selling gold for cash. If you want to learn how to sell gold coins and many other useful tips relating to selling gold, visit his site.

Gold bullion coins are increasingly being turned to by both investors and ordinary families as way of preserving their money in these financially turbulent times. They feel better if some of their savings are in the form of gold, rather than cash, bonds or other paper promises. They also want to actually have their wealth in their hand – really in their possession.

So, what are gold bullion coins? How much do they cost? And, where can you get them from?

Once upon a time, gold coins were actually in circulation as currency, and most countries issued them. In the USA, these were the famous and very beautiful quarter eagles, half eagles, eagles and double eagles, which were last issued in the’30s, and are now sought after by collectors. After gold coins ceased to be circulated in the 30s, there was then a gap of a few decades before they were again re-issued. However, as gold had by that time become so valuable, the coins that made up the re-issuing were not entered into circulation as a standard form of currency.

When people talk about gold bullion coins, they mean the modern gold coins issued by governments in one ounce, or fractions of one ounce weights, which are not for general circulation, but for collecting or investment. They are intended to be an easy and relatively inexpensive way for citizens to own gold (inexpensive compared with larger and heavier gold bullion bars).

The modern form of gold bullion coins is largely the same, regardless of the country that they are bought from; however, they are given different names depending on the country. For example, in the USA they are called ‘American Gold Eagles’, in Canada they are called ‘Canadian Gold Maple Leafs’, and in China they are called ‘Gold Pandas’.

All the governments that issue these gold bullion coins use the same gold weighting scale, with them being available in the following values: one ounce, half an ounce, a quarter of an ounce, and a tenth of an ounce. The bullion coins can be either pure gold, or they may have a small percentage of silver or copper added to them to make more durable. Those which do have some other metal added to the gold are just as valuable as the pure gold ones though, as as they always have an ‘actual gold weight’ of one ounce of gold, or of one of the previously stated fractions.

The coins usually have the year of issue and the ‘value’ on them; for example, the one-ounce American Gold Eagle has a face value of $50. However, the value stated on them is not what they are actually worth, they are in fact worth much more than that. The price of a coin would be the current spot price of gold, plus a ‘premium’ determined by the market or by the dealer. So, a one-ounce American Gold Eagle is worth more than $1000 today.

Gold bullion coins have traditionally been bought from a dealer or a local coin store, but in recent years the Internet has opened up two new ways of purchasing them. One of the new ways is through online auction sites, and the other is through specialist online coin stores. These specialist online coin stores are the best way for most people to buy because you can view all types and weights of coins in one place, and can purchase them at prices which are generally lower than elsewhere.

To find out more about bullion gold coins, read about the types of coins available, and to check current prices, go to bullion-gold-coins.com and get the information you need to know before you buy.

categories: gold bullion coins,gold coins,gold,personal finance,finance

What causes the surging gold prices we see? How can some commodities soar to staggeringly high prices when the fundamentals are in the negative? This year gold reached $1007 an ounce, the highest price of gold since March of 2008. This means gold has risen 12% since April.

What are the reasons for this? You might be tempted to think its because of the basics, but its not. The World Gold Council published a report that states craving for gold accessories has declined by 22% and industrial uses for gold has declined by 21% since 2008. The only component that has remained high in the current gold arena is speculation, which has grown by 46%.

Many people are attracted to this metal because it is considered to be a good hedge against inflation. However, the Labor Department listed statistics showing that the consumer price index actually fell 2.1% over the course of the year for gold. That is not inflation that is deflation. So what is this gold hedging against?

Because the Federal balance sheet is getting larger, the currency it is based on is losing it’s value. Deflation will only cause our currency to further lose it’s value, and inflation is not a pleasant option; it appears that either way things go, gold will benefit.

The US interest rates are low which is also a large factor when it comes to supporting gold. Consider the London interbank dollar rate (which is the method used by banks to charge other banks for loans) that has fallen to an unprecedented low of 0.314%, meaning it is down from 4.8% in October of last year. Unlike bonds, gold does not earn interest, which means there is an opportunity cost associated with having gold. But with the dollar worth as little as it is now that opportunity cost is rendered insignificant.

What this means is that the fundamentals have absolutely nothing to do with the high price of gold; it is dependent solely upon financial speculation. This means that there is absolutely no way to know what is going to happen to the price of gold in the future.

Are you interested in learning more about gold for dummies? If you are, please visit my website Cost Of Gold.

categories: gold,investing,economy,politics,gold coins