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Gold Jewelry

Selling Gold Jewelry By Mail

Thousands of people are mailing their gold jewelry to places that turn it into cash. So what happens to all that gold?

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2010 Resolution: Invest for the Future - Apples of Gold Jewelry

It’s that time of year when we all take a minute to look back at the year ending now and ponder what might have been.   And a minute later, we look forward to our hopes and dreams for what might be.  It’s time to consider New Year’s Resolutions.

Americans have a lot to think about financially.  Our economy drives much of the rest of the world.  Our approach to consuming goods and services is what has provided jobs, homes and education in much of the world.  And yet our spending (and debt) habits are a sizable portion of what landed us this past year in the greatest financial crisis since the Great Depression.  Our economy tanked.

To recover, we are told we will have to spend.  But to prevent the same spiraling problem in a downward spin, we have to work our way out of debt and begin to save.  How is it possible to do both?   Like most people, I’ve been pondering this a lot for the past year.

For myself, I’ve come up with one singular answer: Gold.

The price has slowly backed away from the $1200 mark we saw in the last couple of months.  Perhaps investors are feeling more confident in the American dollar and stashing less of it away in gold.  But what it truly means is that it is now a better buy than it was only weeks ago.  It’s a buying opportunity.  Whether the current price ($1093.60 on Tuesday) is your price point, is up to you.  But it is significantly down from where it was and from where it is predicted to go.

...

Read more...

Wear that class ring to the jewelry store

The ads on the radio promised money for gold at Perry's jewelry store, and Vatogna Steward didn't want to miss out. So she gathered her high school and college rings, a bracelet, a broken hoop earring, and an old ring her mother had left her and lined up in the SouthPark store.

After a half-hour wait and a few minutes in an appraiser's office, she left with a check for $288.

"Basically, I got back almost what I paid for most of it," said Steward, 45, an accountant who lives in north Charlotte. "I was really shocked."

As the price of gold has climbed to record highs this year, jewelry stores report a flood of customers ready to sell everything from old wedding bands to gold dental fillings.

For some, it's a chance to purge outdated accessories and get some extra money. Others are driven by the economy, trading in jewelry for checks to help pay medical bills or a mortgage.

Gold futures peaked above $1,200 an ounce this month and closed Monday at $1,107.90 an ounce, up 25 percent this year. No one's sure how long such record highs will last - but trading in gold for cash remains hot.

Gold Jewelry World News



VIDEO: Gold, silver brings greenbacks to wallets

The Morning Journal - Jan 08, 2010
That is one reason why so many more people are sifting through their jewelry boxes. Pure gold sells for $1100 an ounce, compared to $813 an ounce last Reclamation drive taking place at Windsorall 3 news articles »

Platinum in the Fast Lane

Uncommon Wisdom Daily - Jan 08, 2010
That amounts to less than 5% of annual gold production. Platinum is rare. Like gold and silver, platinum can be used for jewelry. But jewelry demand is now and more »

Experts Advise Weighing Local Offers for Gold Before Selling

WVNS-TV - Jan 07, 2010
BBB President Tom Bartholomy said selling old gold jewelry is one of the easiest ways to raise money quickly to generate cash. "With the price of gold at Warning Against Buying Fake Gold Coins as An Investmentall 5 news articles »

FUQI to Exclusively Commercialize, Manufacture, Distribute and Market Popular ...

PR Newswire (press release) - Jan 08, 2010
new product campaign promoting a series of gold jewelry products based on the popular Chinese animated cartoon figures, "Pleasant Goat and Big Big Wolf. and more »

Hyannis jewelry store owner faces charges

Cape Cod Times - Jan 09, 2010
The items confiscated by police included mostly gold bullion and other personal property that he has owned for some time, he said. and more »

Gold Jewelry People Talk

Gold Jewelry?

Q: They say pure gold is too maluable or ductile to be used as jewelry so then how is 24 karat gold advertised as 100 percent gold...can someone shead some light for me
And if your goin to say it is pure gold...explain 24 karat white gold...it is alloyed with paldine zinc or nickle

A: 24 karat gold is not 100% pure--it is 99 to 99.9% pure depending on the laws of the country of origin. You won't find white gold above 18 karat for just the reason you list.

24 karat gold is generally not the best choice for jewelry because of its softness, but you will find some examples. Most fine piece of jewelry are 18k.

How to distinguish gold from gold plated jewelry?

Q: I try to learn to distinguish solid 10K, 14k, 18K gold jewelry from gold plated or gold filled jewelry. What is the method?

A: The lack of a hallmark (10k, 14k, 18k etc.) is not indicative of whether your piece is gold or not. In the United States it is against the FTC's regulations for the jeweler to hallmark a piece of jewelry unless it is accompanied by a maker's mark. So, when I first began making jewelry and did not have a trademark of my own, I did not hallmark my jewelry. Now that I have a maker's mark, I hallmark my jewelry with the appropriate metal hallmark and my maker's mark.

A jeweler cannot just look at a piece and tell you for certain whether it is gold or not; the jeweler will do a test to determine it.

To be scientfically accurate a sample of the metal in question must be assayed in a testing laboratory, but the following two tests have been used for many years and often are sufficiently accurate for a craftsperson or the owner of the metal in question.

To answer "Is It Gold?":

With a small file, make a scratch in an inconspicuous spot. While wearing rubber gloves, use a wooden, glass or plastic stick to apply a drop of nitric acid to the filed spot. Observe the reaction. When done, rinse everything well in running water.

If there is no reaction, it's gold.
If there's a bright green reaction, it's base metal.
If there's green in the scratch, it's a gold layer over base metal (goldplate, or--if the layer of gold is thick enough--goldfilled).
If there's a milky reaction in the scratch, it's a gold layer over silver.

To answer "What Karat Is It?"

Determining karat requires a testing kit containing nitric acid, aqua regia, samples of known karat, and a touchstone of slate or ceramic.

The gold object to be tested is rubbed on the stone ("touched") to leave a streak. A parallel line is made with one of the test pieces of known karat. Both marks are flooded with acid and the reaction are observed. When the sample colors at the same rate as the test streak, a match has been made. Nitric acid is used for low karat golds; aqua regia is needed for higher karats.

Please note: these tests are for your information only. They are not accurate enough to rely upon when representing a piece for sale. Most jewelers have testing kits to use when determining if something is gold or not and its approximate karat. It is probably easiest to take the item to a jeweler than to set up the testing kits yourself.

Jewelry Directory

Gold Palace Jewelers
Specializes in gold and diamond jewelry.

Discount Designer Gold Jewelry | 10K, 14K &amp; 18K Gold Jewelry ...
Find beautiful and dazzling gold jewelry for sale on Bidz.com. We have a great selection of the finest rings, bracelets, earrings, watches, necklaces and more.

Fashion Gold Jewelry, Gold Chains Jewelry, Men's Gold Jewelry
Buy amazing gold chains and other beautiful gold, silver, rhodium and stainless steel jewelry from the fashion gold jewelry store

Gold Jewelry | Overstock.com
Gold Jewelry for the best prices, guaranteed! $2.95 shipping and product reviews on all products.

GoldenMine.com
Offers a selection of gold jewelry.

 
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