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Do you own silver jewelry? What about silverware, such as cutlery or tableware? Or even the occasional candlestick holder – Beauty and the Beast comes to mind! Now, can you say with certainty whether those items are silver or sterling silver?

What’s The Difference, Anyway?

‘Sterling silver’ isn’t just a fancy name slapped on to make silver sound more classy. It actually does refer to a difference in composition of the silver item itself. Sterling silver is made up of 92.5% silver, and 7.5% another kind of metal, which is usually copper. This alloy actually strengthens the jewelry or other item being made, increasing its durability and reducing the risk of damage or of it going out of shape.

Isn’t Pure Silver Better?

Fine silver, such as an item made of 99.9% pure silver, is relatively soft. If it is often handled, worn, washed and the like, the silver could actually erode. Hence, silver items meant for personal use are usually alloyed with another metal to avoid heartache. Imagine your silver ring going out of shape and dropping the diamond or gemstone it was holding! That’s a tragedy that should be avoided at all costs! Hence, mixing the silver with some copper, iron, steel and so forth, will not only save your precious stones, but it also costs a little less compared to pure silver.

So Sterling Silver Is The Best!

Actually, sterling silver does have its drawbacks – it tarnishes easily. Compared to pure silver, which doesn’t tarnish (but may sometimes get black residue when in contact with sulfur), alloyed silver does tarnish due to sensitivity to air and water. If the silver oxidizes, it turns darker in colour, and often looks aged – which could have a fashionable effect. Nevertheless, tarnish can be cleaned with proper care and maintenance.

How Do I Maintain Sterling Silver?

The best way to care for sterling silver is to wipe it with a cloth regularly. A microfiber cloth, such as the one you use on your shades or glasses, would be perfect. Also, do not wear any sterling silver jewelry while showering or swimming, as water can damage sterling silver items.

You could also try to purchase sterling silver items which are alloyed with metals which can reduce tarnishings, such as germanium, zinc, platinum, silicon, and boron. You’d have to be sure to check with a qualified jeweler who would be able to know these things with a reliable level of accuracy.

And What About The Pound Sterling?

If you notice, the British currency is named after sterling silver. That is because the British pound sterling was originally valued by its weight of sterling silver. The pound sterling is the world’s oldest currency still in use and which has been continuous since inception, in the year 1158. That’s almost a millennium ago!

If you have silver jewelry, silverware, tableware, candelabra or any other items made of silver and you’ve no place for them any longer in your home, fret not. It’s easy to sell your silver pieces and fetch a good price for them. Simply get a valuation from us at Global Gold and Silver to know what your silver is worth, and we can discuss from there. You can also check out other gold and silver jewelry we have bought. It’s so easy!

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So you have some old jewelry you no longer wear, or that was given to you by your great-grandmother and is ridiculously out of fashion. Or you may have a luxury watch that you don’t want to wear anymore as you’ve already replaced it with a new one. It doesn’t mean you have to hang on to this unwanted jewelry – you can just as easily sell them and turn a pretty penny for them. But before you walk out of the house carrying all your valuables and bring them into the first pawn shop you see, it’s best to do a little research. Here are our top tips for selling gold & silver that will certainly make your life easier.

Check Out Reviews and Ratings Online

FeedbackThis is the easiest thing to do, especially if you’re already on the Internet like you are now. Reading up what other customers have said about their dealings and experiences with the company is a surefire way of knowing whether the place is likely to give you a good experience as well. Check on Facebook, Yelp, Citysearch or any other reviews sites. Be careful of fake reviews, though – but generally, the more reviews, the more of a positive indication that there are real reviews in there.

Legitimacy Check on Those Dealers

Firstly and most importantly, the company that deals with your gold and silver needs to be a registered company. Check it out on the Better Business Bureau, where you can also file complaints against the company should you find them suspicious of wrongdoing. You can also check for others’ feedback on the company on this portal. Make sure the company you go with has a good track record – that’s your gold and silver we’re talking about!

Look For Guarantees

It’s tricky to mail your gold and silver over to a company to get a quote and realize you can’t take it back, for instance, or to bring it to a shop for a valuation only to find out the offer is one you can’t refuse (and not in a positive sense). Be sure to check out the website for guarantees that you have the final say over whether or not you accept the offer, and if you’re mailing the gold and silver in, they must have certain procedures in place to assure your jewelry’s safety and security. Some companies even offer more guarantees than that!

Get A Few Quotes

Don’t be tempted by a high price from the first offer, because the next one might offer you even more! When all is said and done, you want to get the best deal for yourself – so be sure to check with a few places before settling on your sale. Of course, you want to be sure that all the quotes come from trustworthy sources, and you don’t end up with a ridiculously high quote that is simply too good to be true.

While selling gold and silver should not be taken lightly, it also doesn’t have to cause a massive headache. Be sure to check out Global Gold and Silver in your quote hunting. The company even offers a 110% price match guarantee, so you would definitely be getting the best deal! Contact them today!

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Many people think they have real Silverware but come to be disappointed when they find out that it was not real and only plated or pewter. There are many ways of identifying what your silver really is, let me help you with that with a simple few steps.

1.

Look for a mark on the silverware of 925, STERLING or 925/1000. The mark is usually found on the underside of the piece of flatware. One of these marks is a surefire way to tell if your flatware is made of sterling silver. Flatware could also be of lower purity such as 90% which would be marked 900, 80% which would be marked 800 or 835 and 70% which would be marked 700.

2.

Put a magnet on the silverware to see if it is attracted to it. A magnet will not be attracted to pure silver flatware, only steel and other metals. If the magnet is not attracted to the silverware, there is a good chance it is sterling silver.

3.

Wipe the silver with a silver polish cloth gently as if you were trying to clean it. If your silverware is made from any purity of silver you should see black tarnish rub off on the cloth. Pure silver is subject to oxidation just from being exposed to the air. Steel and other metals will not tarnish in this way.

4.

Look for a mark on the silverware such as a crown, crest or lion. Sterling silver from countries outside of the United States often has a mark as opposed to STERLING or 925. The marks can be small and hard to see, especially if the piece is worn. A maker’s mark is a fair indicator your piece is pure silver especially if your piece is not attracted to a magnet and black tarnish rubs off on a polishing cloth.

These are ways that you can educate yourself on knowing what to look for to be able to authenticate your items on your own, which can be quite easy. This is especially important if you're looking to sell sterling silverware

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Silver_Bullion_Bars

If you want to be on the cutting edge of silver and precious metal investment opportunities, look no further! We've been following a few precious metal bulls that are in the midst of a renaissance. When you grab the bull by the horns the stakes are high! We have zeroed-in on some of the most lucrative investment opportunities of August.
 

Canadian junior Dolly Varden Silver (TSXNULL) is in a very promising position. The company has recently acquired a mining site in the mountainous region of north-western British Columbia. It's important to note that these are mature mining prospects. Nonetheless, a study in the 1980's concluded that there's a whopping 6 million ounces of silver. The TSX listed company is looking to identify a new potential target located further north of its existing sites. Another exciting resource companies to follow is Reservoir Minerals (TSXVNULL).

What makes this particularly enticing is that the company has discovered that the high grade silver prospects in its Serbian property is implicit of the presence of other minerals; this includes zinc and high-grade lead. This is very much hitting two birds with one stone. Lead and zinc are crucial components in manufacturing, construction, electronics, and nanotechnology. In addition to silver, Reservoir has initiated a very promising compound gold ore mining project. Specifically, it is a joint venture with industry veteran; Freeport-McMoRan Copper & Gold. Freeport has committed to fund all costs associated with mineral exploration until Reservoir gets credit approval from affiliated banks. Reservoir is also diversifying its mining campaigns by investing in feasibility reports in the African nations of Gabon and Cameroon.

We'll be watching Bear Creek Mining like a hawk! Recently, news hit that the government of Peru may approve a community appeal that will finally allow the company to commence mining in Corani and Santa Ana. This is due to the local job creation and economic benefit of the new operations. After an in-depth feasibility study it's apparent that there's a whopping 500 tonnes of silver; over half of which can be easily extracted from the prospects' reserves.

If you're interested in selling your silver, you can do do right here, with Global Gold & Silver.

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New York City – January 16, 2013 – Global Gold and Silver, a leading New York-based company offering cash for gold services, is pleased to announce their simple, hassle-free process for selling gold jewelry, silver, gold coins, and other pieces – all backed by a 100% satisfaction guarantee.

“With honest and transparent transactions, no hidden fees, and no pressure to sell, we really are the best place to sell gold, diamonds and silver jewelry,” said Global Gold and Silver CEO and President, Steven Madar. “While many of our competitors provide false promises for high payouts, we’re committed to providing only fair and honest transactions. Unlike our competitors we would never seduce you with unrealistic high prices over the phone!”

A few of the ways Global Gold and Silver ensures their customers always receive a fair and honest offer by testing all items in front of the customer; and providing private one-on-one service.

All Items Tested in Front of You

If you try to sell your gold and the gold buyer tells you they have 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, sorted according to its gold content, and it should be weighed on a scale in front of you. Global Gold and Silver does just this, telling you exactly what price you’re getting per troy ounce or per gram of gold.

Professional Service

When selling your gold, coins, and jewelry you should always expect private and one-on-one service. In addition, every legitimate gold buyer is required by law to request a government issued ID from the seller. If this doesn’t happen, that should be a red flag for you. Global Gold and Silver treats its customers with the utmost respect and professionalism, and will always provide you with a written receipt after buying your gold.

Certified Diamond Gemologist and Experienced Staff

Global Gold and Silver is one of the only “cash for gold” companies that employs a Certified Diamond Gemologist as well as an experienced staff with real knowledge about high end watches, gold and silver coins and estate jewelry. They recognize that there are many items worth more than their weight in gold and silver, and their buyers have the tools and experience needed to appraise items according to their history and collectability for proper fair market value.

For more information on Global Gold and Silver’s services or to view the recent purchases gallery, visit www.globalgoldandsilver.com.

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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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Sterling Silver Explained

Do you own silver jewelry? What about silverware, such as cutlery or tableware? Or even the occasional candlestick holder – Beauty and the Beast comes to mind! Now, can you say with certainty whether those items are silver or sterling silver?

Read more →

5 Practical Steps To Take For Selling Gold & Silver

So you have some old jewelry you no longer wear, or that was given to you by your great-grandmother and is ridiculously out of fashion. Or you may have a luxury watch that you don’t want to wear anymore as you’ve already replaced it with a new one. It doesn’t mean you have to hang on to this unwanted jewelry – you can just as easily sell them and turn a pretty penny for them. But before you walk out of the house carrying all your valuables and bring them into the first pawn shop you see, it’s best to do a little research. Here are our top tips for selling gold & silver that will certainly make your life easier.

Read more →

Is your Silverware actually Sterling Silver?

Many people think they have real Silverware but come to be disappointed when they find out that it was not real and only plated or pewter. There are many ways of identifying what your silver really is, let me help you with that with a simple few steps.

Read more →

Silver Investment Opportunities

If you want to be on the cutting edge of silver and precious metal investment opportunities, look no further! We've been following a few precious metal bulls that are in the midst of a renaissance. When you grab the bull by the horns the stakes are high! We have zeroed-in on some of the most lucrative investment opportunities of August.  

Read more →

Sell Gold, Coins, and Jewelry Safely at Global Gold and Silver

New York City – January 16, 2013 – Global Gold and Silver, a leading New York-based company offering cash for gold services, is pleased to announce their simple, hassle-free process for selling gold jewelry, silver, gold coins, and other pieces – all backed by a 100% satisfaction guarantee.

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 →

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