News & Info

January 15, 2010

Homeless Man Returns Gold Ring

Filed under: All Gold, News — Tags: , , — GoldGuru @ 5:00 am

We often talk about the value of gold on this blog, reminding you that now is a good time to sell gold because the price of gold has increased as of late. But we do realize that when it comes to cherished family heirlooms, you really cannot put a price on gold. Someone can appraise an item for the amount of pure gold it contains and put a price on it, but sentiment cannot be measured.

A woman from Fredricksburg, VA was reminded of this recently when the gold wedding band that she had accidentally given away was returned to her. Without intending to the Virginia woman gave her gold wedding band to a homeless man along with some coins she had in her purse. She certainly wanted to be generous, but did not want to part with her gold wedding band, a wedding banc that is inscribed with the words “To the love of my life.”

The woman did not realize that her gold wedding band was missing until after she had gotten back to her job. When she realized that she may have given the gold wedding band away with the coins, she went back to where she had seen the homeless man, but he had moved on.

After asking around to see if anyone knew of a man who fit her recollection of the man she’d helped, the woman gave her phone number to someone who said they might be able to help.

That very same night, the man to whom she’d given the coins and the gold wedding band called her on the phone and they two made arrangements for the woman to get her ring back.

Surely the homeless man also knew the value of gold and that he could have gotten a good amount of money if he’d sold the ring to a gold buyer, but he did not do so.


January 8, 2010

You are Free to Sell Gold Without Restriction, pt. 1

Filed under: All Gold, Blog — Tags: , , , — GoldGuru @ 5:00 am

There was a time in ancient Egypt, during the days of the pharaohs, when gold was said to be as readily available as dirt. Once a visiting ruler from the Mali empire, which was located in what is now West Africa, came to Egypt and gave away gold in such large amounts that his generous visit made the price of gold in Egypt plummet for at leasta decade in the 14th century.

And if you read accounts of the ancient peoples of Caribbean islands like Quisqueya (now divided into Haiti and the Dominican Republic), people were able to go to certain spots and find gold within minutes. The gold-hungry explorers who descended on this island were amazed and could barely contain their excitement that gold was so readily available.

The interesting paradox about gold in the ancient world was that although it was plentiful and easy to obtain, it was also not necessarily worn by everyone. Depending on the culture, the working class may have had some access to gold, but more often than not, only the wealthy were able to wear and display gold whenever they wished. Someone of low social standing would not have been able to wear gold as freely as someone of a higher class.

And even if they worked on gold as artisans, laborers certainly were not able to sell gold to a gold buyer as they wished. If someone from the working class had gold, it was not likely to be their own and if they were caught attempting to sell gold that was not theirs, they would be serious consequences. No doubt many an ancient jewelry maker indulged in some daydreams about what they would do if the gold they were entrusted to work on was really their own.


January 6, 2010

Selling Gold is One of the Best Ways to Get Cash Quickly, pt. 2

Filed under: Uncategorized — Tags: , , , — GoldGuru @ 5:00 am

Earlier in the week, we talked about how our mania for “end of the year lists” never seems to wane, despite the fact that we often roll our eyes at the thought of them.

While it did not make the not the top of many end of the year/end of the decade lists, some financial media outlets have noted that gold represented one of the best ways to have some financial assurance in the past year. They have heralded gold because with the dollars weakness, the price of gold has increased, so those who sought to sell gold had a sure-fire way to get some quick cash for gold when they needed it.

Yes, some people would turn their noses up at selling their gold, but it is a tangible way to get money when you need it. Some people have said that we are turning a corner and that the economic meltdown is going to end soon, but let’s be real: many of us continue to struggle and are not as certain that the end is just around the corner. All around we talk us we hear talk of how important it is to make the most of what you have. Well, of what you have is some gold items, such as broken gold jewelry that you are willing to part with, why not make the most of that and sell it to get cash for gold?

There is absolutely no shame in selling your old gold jewelry and other items to get money for gold when you really need it. Other people can scoff if they like; it is up to you to take care of yourself. Whether you bought the gold for yourself or someone gave it to you as a gift, restoring your finances may be the best present you receive.


January 4, 2010

Selling Gold is One of the Best Ways to Get Cash Quickly, pt. 1

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 5:00 am

At the end of a new year and in the early days of a new one, the public is inundated with “Best of/Worst of” lists. We all complain about how silly this is and how much we loathe such lists, but they keep making them and we continue to read them.

The lists tend to chronicle trends like what kind of jeans are or are not popular or look at the best movies and television shows. Only on rare occasions do we see lists that do things like document the best financial moves of the year.

If you thought your finances were a little uncertain before, then you probably found even less certainty in the past year. Others were quite sure, but 2009 made you question your confidence in the economy.

Even if you questioned the stability of the economy and wondered about your ability to weather the financial storm, one thing did not change: gold is as valuable now as it ever was. In fact, the price of gold was on the rise in the past year.

If someone were to make a list of quick and easy ways to raise money, selling gold would be at the top each and every time. In other eras, you had to actually go out and take your gold to a brick-and-mortar store where you would have to haggle with someone to get the best price.

These days, you do not have to do all that work. When you sell gold to an online gold buyer, you simply have to contact them and promptly you will receive a postage-paid envelope in the mail. Place the gold items you no longer want into the envelope and mail it back in the gold buyer. Then the gold buyer will evaluate your gold and let you know just how much cash for gold you can expect to receive.


December 30, 2009

It’s Always a Good Time to Sell Gold

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 5:00 am

You see them all year ’round, but at this time of year, you may come across articles and lists about what you should be buying now and when is the best time of year to buy certain items like cars or appliances. These lists are certainly helpful, but you should not worry if you decide to disregard the advice and buy something at a time of the year when you may not get it for the best price imaginable.

News outlets like the China Daily have reported that Chinese citizens have gone gold crazy. The fervor of the Chinese to buy gold has been sparked by really great year-end sales. No doubt this frenzy to buy gold is making jewelry stores very happy.

Here in the United States, you will find that gold buyers are always looking to buy gold. There is no need to wait until the end of the year or the end of the month or for a certain day of the week. Gold is always in demand and you can sell gold whenever you get ready. The amount of cash for gold you can get is not dependent on the time of the year, but on the amount of pure gold contained in the gold items that you want to sell. When you sell gold, you do not have to offer a special sale price to get a gold buyer to take it off of your hands–they are ready and willing to take it.

While the cash for gold you can get by selling gold jewelry, gold coins and other gold items is not dependent on the time of the year, the amount of money you will receive for selling gold is tied to the current price of gold. The price of gold does fluctuate, but we can tell you that now is a really good time to sell gold. The price of gold has risen quite a bit during the last quarter of 2009. We are not able to predict just how high the price of gold will go nor when it will take a dip, but we imagine that people who sell gold now or in the near future will be rather pleased with the amount of cash for gold that they receive in exchange for their unwanted gold items.


December 25, 2009

Dickens’s Gold Toothpick Fetches Plenty at Auction

Filed under: All Gold, News — Tags: , , , — GoldGuru @ 5:00 am

Some literary scholars refer to Charles Dickens as the man who invented Christmas. These scholars say that many of the Christmas traditions that we associate with Victorian England were things that Dickens included in his famous book, A Christmas Carol. They say that his book popularized a vision of Christmas that was not universally practiced prior to the book’s publication.

The idea of someone being a “scrooge” came from his book and his iconic miser, Ebenezer Scrooge. Even people who are not overly familiar with the story know about Scrooge and his tight-fisted ways. Even though Scrooge has a change of heart and becomes a very generous man, his early reputation stuck and his last name is used to indicate a selfish and uncaring nature. Forbes ranked his character Ebenezer Scrooge as 12 on its list of fifteen fictional wealthy characters and noted that Scrooge would continue to get richer and richer as the price of gold increases.

So it is only fitting that Dickens’s gold toothpick was sold at auction during the days leading up to Christmas. The ivory and gold toothpick went for $9,150 and went well beyond the predicted sales price range of $3,000-$5,000. As if being made of ivory and gold was not unusual enough, the toothpick has a mechanism that allows it to contract. This very special toothpick is also engraved with Charles Dickens’s initials.

It is amazing that after all this time such a personal object of everyday use would be sought after at auction. Of course it helped that this gold toothpick belonged to such a famous person. There was even some speculation that the prospect of being able to retrieve DNA from the object is what helped to drive the price higher.

While you may not have a gold toothpick to sell, it is quite possible for you to sell gold items that will fetch much more money that you imagine. Contact a gold buyer and they will send you a postage-paid gold envelope. Place your gold inside the envelope and send it in for evaluation. Once the gold buyer has evaluated your gold they will let you know just how much cash for gold you can expect to get for the gold items that you sent in for evaluation.


December 18, 2009

Gold Was Once Used to Back Currency

Filed under: All Gold — Tags: , , — GoldGuru @ 5:00 am

Earlier in the week, we mentioned that the California Gold Rush was not the first gold rush in history. While the price of gold has fluctuated over the years, people’s desire to own, buy and sell gold has remained strong. This shiny metal manages to outshine silver and diamonds as an investment strategy and wealth-builder.  Sure, people like to make a big deal about diamonds or platinum, but these things do not have the kind of history of being relied upon during difficult times. Gold, as decorative as it is, also has this kind of history—a history of being steadfast and reliable.

Although we do not use gold as the basis for our economy anymore, there was a time when gold was used to back the currencies of the world’s wealthiest nations. England lead the way in 1717 when the London Gold Standard was established by Sir Isaac Newton. This gold standard would remain intact for almost two hundred years afterwards. And even though the parameters of England’s gold standard changed early in the 20th century, gold still reigned as the supporter of England’s currency until the Great Depression.

Similarly, the United States also used gold to back its currency for many years too. At one time, the gold that was kept in places like For Knox really did represent the wealth of the nation. People used to dream of breaking into Fort Knox and taking away some of the gold. This was a little foolish since it would be difficult to sell gold that had been taken from such a place on the open market. Still, that just goes to show the power of gold and how much we value it: people would consider jeopardizing their freedom obtain it, even when they know that it really would be of little use in the end.

While you may not be able to use gold as the basis of your personal economy, you can certainly sell gold to give yourself a financial boost. With the price of gold climbing as it has in recent months, you may be pleasantly surprised to see just how much cash for gold you can get in exchange for your old gold jewelry, gold coins and other gold items.


December 9, 2009

Higher Price of Gold Ups the Ante on the 12 Days of Christmas

Filed under: All Gold — Tags: , , — GoldGuru @ 5:00 am

Every year someone decides to calculate how much it would set someone back if they wanted to actually give all of the gifts that are named in the classic carol, “The Twelve Days of Christmas.” So they estimate the value of everything, including the 12 drummers drumming all the way down to the partridge and the pear tree in which it rests. Of all of the items, the swans (a-swimming) are the most costly, but this year obtaining a bunch of swans costs less than it did last year.

One item that definitely increased was those wonderful five golden rings. As you know know, the price of gold has gone up a lot in the past few months, so if you wanted to give someone five rings made of gold, you will be paying more than you did last year and probably more than you would have paid for gold in years past.

In fact, this higher price of gold really contributed to increasing the overall value of the entire “Twelve Days of Christmas” package. According to one source, the price of gold has increased by 43%. That is a big leap.

So rather than give someone an incredible number of gifts, give yourself the gift of cash for gold. When you sell gold, you will get money that you can use to buy gifts for others or yourself.

And unlike the cumbersome task of gathering lords a-leapin’, ladies dancing, drummers drumming, calling birds, French hens, turtledoves and all the rest of the gifts mentioned in the song, it is really easy to contact a gold buyer to sell gold.

Once you contact an online gold buyer, they will send you a postage paid envelope. Simply place your unwanted gold into the envelope and put it in the mail. It won’t be long before you’ll  be able to get cash for gold in exchange for the gold you sent.


December 2, 2009

Someone Drops Valuable Gold Coin in Charity Bucket

Filed under: All Gold, News — Tags: , , — GoldGuru @ 5:00 am

Recently, a very kind person anonymously dropped a very valuable gold coin into a Salvation Army kettle in Pennsylvania. This person did not simply drop the gold coin in; they actually wrapped the gold coin in a $1 bill first and then dropped it into the bucket. This generous benefactor wanted to be certain that no one had a clue who it was. There was no flash of gold to catch anyone’s eye since the gold coin was given disguised as a dollar.

Although some news outlets have reported that this happens every year, that does not make it any less miraculous, especially in these difficult economic times. In fact one source reported that according to a Salvation Army spokesperson, the last time that someone dropped a gold coin into a Salvation Army bucket was two years ago.

The gold coin in question is called a gold Krugerrandand it is a South African coin that is said to be worth an estimated $1,000. That is quite a coin, isn’t’ it?

While many of us would love the surprise of finding that a gold coin had been dropped into our laps so we could sell it to get cash for gold, we are more likely to find that we will need to find gold to sell because it is not likely to find us. And that is okay, because you are not afraid of a little elbow grease are you? When you contact a gold buyer to inquire about selling gold, you will probably be pleasantly surprised. The price of gold has gone up in recent times, so you will likely be getting a lot more cash for gold than you might have in years past. And since we doubt that anyone is going to hand you a valuable South African gold coin, you should get started looking for gold of your own that you can sell.


November 18, 2009

Sell Gold to an Online Gold Buyer & Brag About it Online too.

Filed under: All Gold — Tags: , , , — GoldGuru @ 5:00 am

Last week, while perusing Twitter, I saw that a friend had posted something about selling gold jewelry. (And yes, this is a person I actually have met in real life). She was bragging about how she had sold some old, ugly gold jewelry and had received much more cash for gold than she had expected.

Now is a great time to sell gold because the price of gold is much higher than it has been in quite a while. It is an especially great time to sell gold jewelry that you consider to be old and ugly. Why hang onto to gold jewelry that you really do not like or even want. The holidays are coming and you will want to make room for newer and better godl jewelry. Besides, you can beat that holiday season cleaning and purging rush by getting rid of your old gold jewelry now.

My friend used the internet to brag about selling her gold jewelry, but you can do more than that– you can actually use the internet to sell your gold.

An online gold buyer makes it easy and convenient to sell gold jewelry. Just contact an online gold buyer and let them know that you have gold jewelry that you would like to sell. They will send you a pre-paid envelope and you can place yout jewelry in the envelope to send it for testing. Then, your work is done. The gold buyer will test your jewelry for gold content and then send you back the cash for gold that you so richly deserve.


Newer Posts »
 

Powered by WordPress