Gold Doubloon Fetches Millions
It may sound like a headline from the Pirates of the Caribbean, but in actuality, a gold Brasher doubloon from 1787 sold at auction in New Orleans just this year.
Rare coins have been known to sell for high prices, but a gold coin of this caliber sold for $7.4 million, making it one of the highest
prices any coin has ever fetched. The gold coin left the hands of Blanchard and
Co., in New Orleans, who sold the doubloon to a Wall Street investment firm.
Historical Gold Coins
What’s most important about the value of the coin is its
rich history. The Brasher doubloon has long been a historical mystery. Named
after Ephraim Brasher who was a goldsmith, silversmith, and jeweler, there is little known about
the making of the coin. Brasher minted the coin as one of the first pure gold
coins in circulation, but there is little to no documentation to explain how
the coin emerged. What is known of Ephraim Brasher is little, but what is known
of the doubloon that bears his mark, EB, is even less.
The word “doubloon” often refers to Spanish coins, yet this
gold coin was minted in the United States. In fact, the Brasher doubloon is
fated as the first American-made gold coin. It had a dollar amount and was
intended for use. However, when measured against the fact that the original
mint in Philadelphia didn’t start making coins until 1790, the $7.4 million
sounds like a drop in the hat to the inestimable price of history.
Today’s Gold Value
The mystique behind the coin is enough to give it great
value, not to mention its numismatic value. The significant amount of gold in
which it was forged – 26.66 grams, or about one ounce – certainly adds to the
monetary value of the coin.
Upon minting the coin, the gold value for use was $15, but
by today’s standards the coin would value at more than $15,000. That’s a big
jump in price, which tells you something about the value of gold today.
Rock Solid: Why Isn’t Everyone Selling Diamonds?
Unless you’ve been living under a rock, you probably know that the price of gold and silver have skyrocketed in recent years. You can barely flip on the TV without seeing an ad for selling your gold. And you should. But you should also know that the price of diamonds has gone up drastically since the 1960′s and has seen its biggest increase within the last 10 years.
So let’s say you have a diamond bracelet laying around from your ex, or better yet a diamond ring you never gave back. What do you do with it? Pawning it and consigning it are options, but you run the risk of it not being sold, and not getting what it’s actually worth. Fortunately for you, there’s another option!
Enter Gold-Cash.com, where you can sell diamonds online! It’s fast, easy, and you only have to make one stop. You have two ways to send in your diamonds. You can either request a kit from Gold-Cash.com or simply print a FedEX label from their site. The kit is free and it includes everything you need to send in you diamond items (a jewelry bag, an inventory sheet, and FedEX box.) All you have to do is drop the box off at your local FedEX.
So what kind of diamond items does Gold-Cash.com take?
- Diamond Bracelets
- Diamond Rings
- Large Diamonds
- Diamond watches
- Diamond Jewelry
If you need a little extra cash for the holiday season, or any time of year, consider selling your diamonds. You’ll get the highest paid prices and excellent customer satisfaction when you choose to use the experts at Gold-Cash.com.
Photo courtesy of swamibu on flickr
This is What Selling Silver Looks Like
Have you ever thought it would be tough to gather up all of your silver and sell it? There’s a certain sentimental attachment to our special belongings, especially jewelry. In today’s tough economy though, many of us cannot afford to be overly sentimental or we risk losing just about everything. These days, finding places to sell your silver or gold items are cropping up everywhere. How do you know if you can trust them to give you the best prices for that precious family heirloom? Below are five tips to make sure you’re smiling from ear to ear when you sell silver.
Prospecting for Gold in Your Own Home
The modern gold rush is on and this time the prospectors aren’t finding pay dirt in the hills. They’re finding it in their own homes and safe deposit boxes in the form of jewelry, coins and other items made from gold.
It is now easier than ever to sell gold in Roslyn Heights and Oceanside because the demand for gold jewelry is constantly increasing. People in India, China, the Middle East and other locations overseas are buying large amounts of jewelry made from gold. Jewelers need more of the metal so they’re paying top dollar for it.
Buyers on Long Island are willing to pass those high prices onto anybody that brings in item for sell. Even if the price in the newspaper is falling they may still pay you a good price because they are buying gold for jewelry. This is lower karat gold it won’t fetch the high price offered for commodities gold but it is still worth money.
Help Your Friends Prospect with a Gold Party
The new gold rush can also help your friends and neighbors or your favorite community group or organization in the form of a gold party. Such a party is a buying event where people bring items to sell. An individual or organization hosts the event and provides a place to hold it.
The gold party company provides a buyer and covers all the expenses. Then people bring their items and sell them for cash part of the proceeds go to a good cause or the host. It’s a fun way to raise money for your favorite charity and to help your friends and neighbors in the tough economic times. Instead of embarrassing them with charity you can help them with what they really need: cash for gold.
Most of the items that buyers are looking can be found at these parties. Just tell your friends and family to bring all of their unwanted jewelry, old coins and similar items. The buyer will look at them and if he thinks they’re worth something he’ll make an offer. It is as simple as that, it’s fun and it’s profitable.
Both gold parties and selling directly to buyers are a great way to take advantage of the new gold rush. Any old jewelry or other items that might be made of gold could be worth money regardless of the karats or the condition of the items. To find out what they are worth simply bring them in today.
There are Many Different Ways to Sell Gold these Days
A lot of people don’t like selling gold because they don’t like the idea of dealing with a sleazy shop in a bad neighborhood. They think that they will get ripped off, pay a low price and get treated like trash. Fortunately there are better ways to sell gold in Syosset and every other community around New York City.
There are many excellent family owned stores such as NY Gold Buyers. Unlike the fast cash outlets these chains will give you a good price and they have superior customer service. Some of these buyers will even come to your home or your bank or vault company to look at your gold. They will give you top dollar for both loans and purchases.
They even guarantee that they will pay the top price for many precious metals including gold, silver and platinum. They also buy old watch cases, diamonds, gemstones and other items. If you are not sure about something take it to the buyer or call the buyer. They will examine it at no charge to you and you will be under no obligation to sell.
Gold Parties
Another great way to sell gold and to raise money for yourself or your favorite charity is to host a gold party. At such an event a buyer comes and examines items then offers people cash for them. The host keeps a small percentage of the profits and puts up no money herself. Instead the party company provides the buyer, the cash and the refreshments.
Many people use gold parties to finance charities, community organizations, sports teams, religious organizations and school related activities. Such a party is a great way to buy uniforms for your kid’s team or to help a good cause. It can also help friends, family and neighbors by giving them extra cash to get through these tough economic times.
Precious Metals Today
Prices for precious metals like gold have never been higher but there’s a good a chance the high prices will not last. The price of silver just crashed and the gold price will crash sooner or later. That means you should sell what you have right now before the bottom falls out of the market. That way you can get maximum cash for your items. It is also a good time to pawn gold because many companies are making larger cash loans than ever before.
How To Sell Gold In Forest Hills
This is the best time to trade your gold because gold prices are high. Because of the high prices of gold today, there is also an increase in the number of gold buyers in Forest Hills. Also contributing to the increase in number of gold buyers is the fact that it is easy to join the business these days. With the proper licenses, you can just set up show anywhere you like. You only need to have a license as a pawn broker or as a second-hand dealer to get started in the business.
But while it’s a good time to sell your gold – be it jewelry pieces or coins – there are gold buyers out there who are only out to make fast and easy money on you. Gold is an expensive item, and people will do anything to have a piece of it. Many gold buyers don’t have your interest in their mind. If you want to sell gold , be sure you know where the legitimate gold traders are.
The gold buy-and-sell business is simple and quick. Just go there and sell your piece of gold, get paid and leave. But that’s only when you don’t aim for the highest value for your gold piece. If you want best possible selling price of your gold, invest time and effort, don’t allow yourself to be taken for a ride.
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One golden piece of advice, you should heed is to avoid falling for infomercials that promise to make it easier for you. A tragic mistake many people make is to believe in these infomercials as if they are gospel truths and deal his gold without research into the prevailing prices of gold.
In fact, a piece of jewelry oftentimes carries a value higher than its gold content. A 100-year-old watch, for example, can guarantee you a price that is much higher than its gold content.
To make matters worse, many gold companies will pay you an impossibly low rate of 18 percent to 20 percent of your gold’s real value. While an established, legitimate gold buyer offers a much better rate of 50 percent to 60 percent.
Diamonds Can Also Be Turned Into Cash
Gold isn’t the only thing that’s sitting around in your jewelry box or safety deposit gathering dust that can be turned into cash. Buyers will often pay more for diamonds than they will for gold and they will loan money on it. Most buyers will purchase gemstones including diamonds.
For example NY Gold Buyers will purchase:
- Any sort of jewelry with diamonds mounted on it including rings, necklaces and tennis bracelets.
- Loose diamonds and stones used in the jewelry trade
- Necklaces and gemstones on a chain.
- Broken or damaged jewelry that has diamonds and other gems on it.
- Gems that have fallen off of jewelry
- Other kinds of gemstones including emeralds, rubies and jade.
If you’re not sure if something is a diamond or not take to the buyer. The buyer can examine the item and determine if it is real or not then give you a price. If it’s not real the trip costs you nothing and you are under no obligation to sell if you don’t like the price he or she offers you.
Best of all some buyers will even come to your home or safety deposit box to examine your items so you don’t have to take them out. They should not charge for this service but they will give you cash. To see if you can get this done simply contact a diamond buyer in Merrick.
It is also possible to get cash loans on diamonds most buyers will give you pawn loans on diamonds and other gems. In many cases they will loan more money on gemstones than they will on precious metals. You can get emergency funds by using old jewelry that you no longer wear and family heirlooms. Nor do you have to sell pieces that you want to keep when you need funds.
There is no reason to go without the cash that you need while you own diamonds. Check around house and in your safety deposit boxes to see if you have any. There is no reason to spend money on safe deposit boxes when you’re short of cash. Instead you can sell the items in them and raise extra funds.
It is even possible to send diamonds and other valuables to a buyer via FedEx or UPS that way you can them evaluated and get top dollar for them. Selling valuables is easier and more convenient than ever before.
Issues For You To Think Of Just Before You Sell Off Gold Jewelry
In most of these challenging circumstances, you may possibly be considering selling a gold jewelry to survive. Prior to selling your gold jewelry, you will need to get accustomed with the way the gold business is conducted in the marketplace or you may find yourself in the losing end of the deal. This kind of guide may provide several suggestions upon how you can get hold of the foremost with your own valuable piece of jewelry.
Think well just before you make a decision to sell gold jewelry to pawn outlets. This really is mainly because pawn outlets operate as broker among you and the refineries. Many people is going to pay for your gold for the cheapest likely quote simply because that they definitely will sell this to yet another clientele. That is certainly not necessarily to point out that pawn outlets are awful venues to try and do business. Pawn outlets are well-known to offer you excellent offers upon lots of used pieces, although gold just isn’t one of these products. If perhaps you desire the most out of your gold piece, search for some other spots to sell it.
Do not dash off to straight into selling your gold piece to a hometown jeweler. Nearby jewellers are interested in pieces of golden jewelry which is still of fine quality for the reason that these people will sell it in their own outlets. If your jewelry still looks brand-new, the nearby jeweller is a ideal choice. However , if a bit of jewelry is damaged, a damaged gold earrings for instance, the community jeweler could see small appeal in it.
Check for a buyer on the net. All sorts of things is pretty much sold on the web nowadays, such as gold. What exactly you need to do is browse the Web for sites who are right into the offering and purchasing of gold, such as the Gold Standard Jewelry & Gold Buyers. These types of web based Gold Buyers may well come up with better offers for your gold simply because these people have lower cost as opposed to community jewelry outlets and pawn outlets that manage a number of personnel. The majority of such businesses are at the same time gold refineries, so this means you deal directly with them not having the assistance of a middle-man.
However, it is important that you are dealing with a legitimate online gold dealer. There are many online scams existing these days, and if you sell gold jewelry, you are a potential target of online scam artists.
Turning Gold into Cash on Long Island
There are two different ways to turn gold into cash on Long Island. The first is to sell it one of the many reputable family owned buyers in the region. The second is to pawn it at one of the same buyers.
Many of the family owned gold buyers do make cash loans on valuables including gold, silver, diamonds and platinum. They will often give you a bigger loan than a local pawnshop. That means a person who has silver, diamonds, platinum or gold does not have to go without cash. It is available and at a good rate.
Best of all a person who takes advantage of cash loans from an Oceanside, NY, gold buyer runs no risk of damaging his or her credit rating. Pawn loans don’t affect your credit rating and put you at no danger of being placed into collections. That makes them perfect for people struggling in these tough economic times.
There are ways NY gold buyers can help people in today’s economic environment. A person can host a gold party or buying event in which a professional evaluates gold brought in and makes offers on it. Such a party can even be used to raise money for charities and it can help everybody you know. It’s also a great way to help friends and neighbors who are too proud to seek help from charity or welfare. Best of all the party can be held at no cost to you.
So what do they buy?
Gold buyers purchase a wide variety of items including watches, watchcases, diamonds, emeralds, rubies, platinum and silver. That means many items that you have in your home or place of business could be worth money. That includes silverware, utensils, candlesticks, medallions and old coins. If you’re not sure if something is valuable or don’t know what karat or grade of gold it is bring in or call the buyer.
Reputable chains like NY Gold Cashers guarantee that they will pay top dollar at gold parties and in their stores. These chains even make their services available to people outside of the New York area. People who live in other parts of the country can sell items by shipping them in through UPS or FedEx. The cashers cover all the costs of shipping including insurance and they will send back items if you don’t like the price or they aren’t valuable. Therefore there is no reason not to turn your valuables into cash.
Gold Selling has Never been Easier
Gold selling has never been easier thanks to the high price the precious metal is selling for on commodities exchanges and elsewhere. Buyers are willing to pay top prices even for scrap gold, broken jewelry and damaged gold. They will even pay cash for items that are partially made of gold such as old watch cases.
It truly is a seller’s market for gold but it may not last because the bubble could burst at any moment and high prices could come down. That means it is a good idea to sell gold Roslyn Heights, NY, right now before the price falls. In a few months buyers could offering half or less what they are paying right now.
So what are they buying anyway?
Any jewelry that is made of gold no matter what number of karats is involved. They will pay less for items with fewer karats because they have less gold in them. They will also pay for items that are partially made of gold.
- Scrap gold including that used in jewelry making, partially melted gold and pieces of old jewelry. Anybody who has worked in the jewelry industry or who has had a family member that did should look around the house for this.
- Gold coins including old US coins, foreign coins and collector’s coins. These may not be made of gold but it is always a good idea to take them to a buyer and let him make the determination. It won’t cost you a thing and it could be worth money.
- Gold bars and bullion including those used in jewelry making.
- Medallions and medals made from gold including awards. These may or may not be real so bring them in and let a professional tell you if they’re worth money.
- Watch cases and other gold-plated items these could be low-karat gold. It won’t fetch the same price as 24 karat items but you could make a few extra bucks from it.
- Chains so it’s a good time to get rid of all that tacky gold jewelry a lot of guys bought back in the 1970s and 80s.
Where to Sell Your Gold
Even though many businesses are buying gold these days it is always a good idea to deal with professionals that have made it their family business for generations. The professional buyers will give you a higher price for items and they will be more likely to tell you what something really is and what it is really worth.
They may also give you more money for individual pieces which could be worth more as antiques or jewelry. The fast cash shops won’t do that they simply buy by the pound for the smelter.
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Our Promise To You
As a family-owned business that has been in the jewelry industry for over 75 years, we are committed to providing you with an enjoyable, worry-free, hassle-free experience. We are members of the Jewelers Vigilance Committee and are licensed and insured to trade gold. We offer free FedEx shipping, insure every package, and never charge any minimum weight or "refining fees." We open and weigh your jewelry under 24 hour video surveillance, and maintain state-of-the-art scales that are calibrated and certified by the state of New York to ensure you fair and accurate payments. Best of all, we guarantee the absolute highest payout for your gold with the only 110% Highest Prices Paid Guarantee in the industry
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