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Looking back on 2012, there were a couple of notable purchases that caught our attention.  As 2013 has only just begun, these purchases were still fresh in our minds:

The Hottest Jewelry and Coin Purchases from 2012The Prince Charles and Lady Diana Wedding Coin

This coin is 10 ounces of pure 24 karat gold that commemorates the wedding of Prince Charles and Lady Diana Spencer. On July 29, 1981, Lady Diana Spencer became Diana, Princess of Wales. The beloved Princess and her marriage to the Prince are commemorated on this spectacular gold coin.

The year of the wedding is printed on the front of the coin, along with the royal crest and the words “Marriage of HRH Prince Charles to Lady Diana Spencer”.  Having this piece of history is remarkable, and is sure to be a treasured part of a collection for generations to come.

The Hottest Jewelry and Coin Purchases from 2012Kashmir Sapphire Ring

Sapphires from Kashmir are known to be among the best. With a spectacular cornflower blue color and a sleepy quality, these gems are some of the rarest in the world. The stones are known for the velvety blue color they exhibit naturally.

Discovery of new sapphires that matched the quality of the earliest and most astounding discoveries slowed greatly in 1887, so most of the sapphires that were to be found are already owned across the world. With the exception of private sellers and estate sales, buying a Kashmir sapphire is almost impossible.

Global Gold and Silver is proud to have acquired these fine pieces, making them the hottest purchases of 2012.  We look forward to what 2013 has in store for Global Gold and Silver!

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Gold prices fluctuate, and there are different aspects that contribute to its fluctuation.  So, when is the right time to sell gold?

Many people feel that they should wait to sell when the price of gold it at its highest.  Waiting until gold is at its highest may not come in handy, especially if you need the money.

Trying to sell $1,000 worth of gold and waiting only because you know there will be a 2 percent increase in the price, will not be beneficial to you when you need the money in a short amount of time.  This 2 percent may only give you $20 more and in the time you waited the cost of living may have increased, and what you can buy for a dollar today may not stretch as far as it did today!

1. Gold is stable. 

When is the best time to sell gold? It’s when you need the money.  Gold is in a stable position right now, and has been for a few years.  This could change, and selling your gold should be on your time not gold’s time.

 

2. Gold prices increase when the value of the dollar decreases. 

Typically, this can be easy to tell, especially if the Federal Reserve is printing more money (indicating that the dollar’s value is decreasing).  But since 2009, the economy has not been considered typical.

3. Gold prices increase during hard times.

Gold has been considered a “safe haven” during these recent hard economic times.  Investors have taken gold as a safe and stable investment when the economy has become unpredictable, and in doing so increasing the price of gold.

Selling your gold depends on when you need the money.  Gold prices can increase or decrease, but it may not make a difference unless you’re selling a larger amount of gold.

At Global Gold and Silver, we can help you with the process of selling your gold and silver. Come in and let us help you to sell your gold.

 

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There are so many gold and silver items that you can sell, but which are the top few that you will receive the most for?  We came up with a list of pieces that are being sold the most at Global Gold and Silver and what you can receive the most for:

1.      Engagement Rings

These can be worth a large amount of money, but the biggest beneficiaries are those that purchased the ring a long time ago.

 

 

2.      Gold Jewelry

This category includes chains, bangles, school rings, brooches, and other weighty gold items.

 

 



3.      Gold and Silver Bullion

Gold and Silver Bullion will pay back its fair market value.

 

 

 

4.      Top Brands

We think of top brands as names that don’t go out of style or aren’t forgotten (i.e. Tiffany and Rolex).  These brands keep their value over time, because the remarket ability of the item tends to increase its value above what it is worth if the item was melted.

 

 

5.      Jewelry

Here, we include rings, pendants, earrings, and any other jewelry that can be priced in quantity.

 

 

 

Each of these items depends on the age of the item and the price of gold when the item was purchased.  Each category is unique.  Take a look at the gold or silver items you have lying around the house, and decide which category your gold and silver items would fit into.

At Global Gold and Silver we take time to assess each piece in front of you and with 20 years of experience, we ensure you get the best price for your gold and silver jewelry.

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We all know that gold and silver prices fluctuate, but why? What are the deciding factors in how much an ounce is worth?

Gold and silver prices frequently rise and fall together. Prices can change daily.  War, political unrest and country deficits can all have an effect on the price of gold and silver.

What Role Does Silver Play in the Price of Gold?

Silver is notoriously volatile, even when compared to gold. There’s a lower market liquidity, which means the sale of silver affects the price of the silver itself. It often tracks the price of gold, but the ratio can vary. In 1792, the gold to silver ratio was fixed by law in the US at a 15:1 ratio.

But during the 20th century, the average gold to silver ratio was 47:1. The price of silver is driven largely by supply and demand and of course, speculation. The ratio is often analyzed by traders, investors and buyers, and the price fluctuates from there. The silver market is much smaller than the gold market, so a large trader or investor can influence the price of silver single-handedly.

Silver fell to an all time low of 24 cents in December of 1932 during the Depression, and reached its high in 1980 at $50.35 per troy ounce.

What Specifically Drives the Price of Gold?

Gold is a different story. It has a larger market, so large investors don’t make the same waves that investors in the silver market do.  It’s been the relative standard for currency until recent times. The last currency to be divorced from gold was the Swiss Franc in 2000.

The price of gold is driven by supply and demand and speculation, like most commodities, but saving and disposal plays a larger role in the price of gold rather than its consumption. The gold reserves in the central banks and International Monetary Fund play a role in the price of gold as well. It’s interesting to note that the price of gold is also reflected in the interest rates of the time. It is common for the gold price to rise and fall with interest rates.

Gold passed its all time high of $1,900 per ounce in 2011, topping out at $1,921 per ounce, and have been as low as $252.80 in 1999.

Summary on What Affects the Price of Gold

Clearly the gold and silver market is one that constantly changes, so buyers and sellers need to research when selling or making purchases. The price of gold and silver fluctuates daily, so be sure you know what today’s price of gold is before you sell!

Check out what we buy and we pay for your gold and silver!

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Selling your valuables can be easy, but it can also be easy to get sucked into a bad deal. So how do you choose the right gold or silver buyer for you? Here are 6 tips to look for when selling your gold or silver:

 1.      Do your research.

This can’t be emphasized enough. You should know what the current price of gold is when you’re selling. Read reviews on the buyers you plan to visit as well. You can never have too much information.

2.      Your items should be tested in front of you.



If your gold buyer tells you that he has to take your items to the back to test them, don’t believe it. Each gold item should be tested for purity right in front of you, so you can be a part of the evaluation process. Your gold is sorted according to its gold content (i.e. 14k or 24k), and it should be weighed on a scale in front of you. The buyer should be able to tell you exactly what price you’re getting per troy ounce or per gram.

3.      Watch the scale.

Jewelers value gold by the “troy ounce”, not the ounce. The “troy ounce” is 31.1 grams, and while some buyers pay you according to the weight in grams, others use a system called the pennyweight. There are 20 pennyweights in 1 troy ounce.  A reputable buyer should be able to use the weight scale that you are more comfortable with. You want to make sure that your gold is being weighed in pennyweights, but not being calculated for payout by the gram.

 4.      Read the fine print!

It’s too easy to make a mistake by avoiding the fine print when selling online. Make sure you know the buyer’s policy on insurance if they lose your gold. If you’re selling online, many companies will offer free shipping to send in the gold but very high shipping rates to return your items if you decline their offer.

 5.      Shop around.

Don’t be afraid to take your valuables to many different places. This will ensure that you’re getting the best value possible for your items. Once you sell your gold, make sure you get a full written receipt from the buyer showing the weight, purity, amount paid, and the buyer’s license number.

6.      They should be professional.

When you finally do make it into a shop, you should always expect private and one-on-one service when selling your gold. In addition, every legitimate gold buyer is required by law to get a government issued ID from the seller. If this doesn’t happen, that should be a red flag for you.

Selling your gold doesn’t have to be a stressful experience. If you’re well informed and check that your buyer is reputable, you’ll have no problem getting the best valuable for your gold or silver.

At Global Gold and Silver, we want your experience to be enjoyable.  Our friendly staff and great prices, make your visit one that you will remember.  We want to build successful and trusting relationships with our customers.  Come in or visit us online to learn more about our prices and how we can help you to sell your gold and silver!

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Global Gold and Silver wants to help you sell your gold. But sometimes it can be hard to find the time to get into the store.  Well luckily, you can sell your gold online in 7 easy steps. Read on to find out how!

1.  Decide what you want to sell

Global Gold and Silver does not just take gold. We take gold jewelry, silver jewelry, silver coins, gold coins, diamonds, watches, and even estate jewelry. 

2.  Request a pack

What’s great about this pack is that it’s free! There’s no obligation and once you fill out the form online, a free prepaid FedEx label will be sent to your email. You’ll also receive instructions on how to safely send in your gold, silver, and diamonds.

3.  Relax!

Every package is shipped overnight, and tracking information is available from the moment you send it out until we receive it. We want to keep you informed, because keeping your valuables safe is our priority. We also offer free insured shipping to keep your valuables protected. 

4.  Let us do the work

After we receive your package, we open and inspect it under video monitoring. An expert appraiser will evaluate each item in order to get you the maximum payout that you deserve. We will inspect your gold, silver, diamonds or other valuables carefully and thoroughly to get you the best possible price.

5.  We’ll contact you

Once we’ve decided on a fair price for you, we’ll contact you with our offer. You have the option to accept or decline within 10 days. This means you can shop around and make a truly informed decision. We believe in giving our customers the best possible payout, but if you do decide to decline, we will return your items at no cost to you.

6.  Accept our offer

If you decide to accept the offer we give you, you have the opportunity to fully discuss the details of the offer with an evaluator. We want you to make an informed decision and give you the most information about selling your valuables. After you discuss the offer with an evaluator, you can accept!

7.  Receive your cash!

If you decide to accept the offer, we will issue an immediate payment via check or wire transfer. We don’t send a payment before you have had a chance to review our offer.  We want to give our customers a full ten days to choose whether to accept or decline the offer.

 

By following these 7 easy steps, the process of selling your valuables with Global Gold and Silver is easy.  Let us take the worry away, request your free pack today!

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The Hottest Jewelry and Coin Purchases from 2012

Looking back on 2012, there were a couple of notable purchases that caught our attention.  As 2013 has only just begun, these purchases were still fresh in our minds:

Read more →

When is the Right Time to Sell Gold?

Gold prices fluctuate, and there are different aspects that contribute to its fluctuation.  So, when is the right time to sell gold? Many people feel that they should wait to sell when the price of gold it at its highest.  Waiting until gold is at its highest may not come in handy, especially if you need the money. Trying to sell $1,000 worth of gold and waiting only because you know there will be a 2 percent increase in the price, will not be beneficial to you when you need the money in a short amount of time.  This 2 percent may only give you $20 more and in the time you waited the cost of living may have increased, and what you can buy for a dollar today may not stretch as far as it did today!

Read more →

The Top 5 Pieces to Sell to Your Local Gold and Silver Buyer

There are so many gold and silver items that you can sell, but which are the top few that you will receive the most for?  We came up with a list of pieces that are being sold the most at Global Gold and Silver and what you can receive the most for: 1.      Engagement Rings These can be worth a large amount of money, but the biggest beneficiaries are those that purchased the ring a long time ago.     2.      Gold Jewelry This category includes chains, bangles, school rings, brooches, and other weighty gold items.    

Read more →

What Affects The Price Of Gold?

We all know that gold and silver prices fluctuate, but why? What are the deciding factors in how much an ounce is worth? Gold and silver prices frequently rise and fall together. Prices can change daily.  War, political unrest and country deficits can all have an effect on the price of gold and silver. What Role Does Silver Play in the Price of Gold? Silver is notoriously volatile, even when compared to gold. There’s a lower market liquidity, which means the sale of silver affects the price of the silver itself. It often tracks the price of gold, but the ratio can vary. In 1792, the gold to silver ratio was fixed by law in the US at a 15:1 ratio. But during the 20th century, the average gold to silver ratio was 47:1. The price of silver is driven largely by supply and demand and of course, speculation. The ratio is often analyzed by traders, investors and buyers, and the price fluctuates from there. The silver market is much smaller than the gold market, so a large trader or investor can influence the price of silver single-handedly.

Read more →

How to Choose the Right Gold and Silver Buyer

Selling your valuables can be easy, but it can also be easy to get sucked into a bad deal. So how do you choose the right gold or silver buyer for you? Here are 6 tips to look for when selling your gold or silver:

Read more →

How to Sell Your Gold Online

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