From nearly the beginning of human history, precious metals like gold and silver have been treasured for their beauty and desirability. Stories about King Midas, golden geese, and silver linings have been passed down to us over the centuries. And, even during the past two centuries, thousands died in California, the Yukon, and elsewhere as they unsuccessfully pursued dreams of striking it rich by locating the “motherlode.” In this article, we wanted to share with you some key tips on gold and silver coins and bars.
If there’s one thing that’s true about gold and silver prices, it’s that they’re always changing. As we write this, silver is up and gold is down, yet by the time this post is published on our blog about buying and selling gold, the reverse may be true. That said, what factors influence gold and silver prices? Let’s take a closer look.
You recently inherited a coin collection or have been collecting silver coins for some time. You have decided to liquidate all or part of the collection, but you are not sure where to go to get the best return. There are several options to consider when selling silver coins: how much you receive in return can vary significantly.
The act of passing down a set of fine China or a collection of antique silver flatware from a one generation to the next is a time-honored tradition in our culture.
In fact, maybe you’ve been the recipient yourself of your grandparents’ treasured assortment of silver utensils and other flatware.
The reality, of course, is that owning a set of high-quality tableware doesn’t quite make the same statement today that it once did. Especially when you consider that silver flatware needs to be painstakingly polished after every use and properly stored, selling silver for a sizable chunk of cash starts to seem a lot more attractive and sensible than stashing it away in a drawer for years to come.
But make no mistake: There are right and wrong ways when it comes to selling silver.
The markings you see on gold and silver jewelry were typically put there for the same reason: to let buyers know about the purity of the metal.
But different types of metals can carry different markings. If you’re looking to sell gold jewelry in Bucks County, you may want to study this guide to identifying these marks.
Silver is a soft metal, which makes it good for intricate designs, although not very durable. That’s why jewelry makers often mix silver with other metals, such as copper, to give it more strength. The purest type of silver used in making silver jewelry is known as sterling silver.
Our economy is often uncertain and unstable. We’ve seen what were once considered solid assets crumble and devalue in front of our eyes. And yet over the years, we’ve also seen consistent growth and business from individuals looking to learn how to invest in precious metals.
Gold is hitting record levels, and investing in gold has grown in popularity across the globe. Even after the financial crisis in 2008, gold held its value and then some, growing while most other economic investments collapsed.
Unlike stocks or mutual funds, precious metals are tangible and can be stored and managed yourself. We want any customers who are interested in preserving their wealth to come in store and meet with our professionals to learn about their investment options. Whether you want to buy gold or silver to sell in case of an emergency, or invest in gold or silver as a part of a long-term investment portfolio, at Doylestown Gold Exchange we can teach you how to invest in precious metals. Maybe now is the time to start buying gold and silver. Here are some tips to get you familiar with the practice.
Selling your gold and silver jewelry for cash can be an intimidating process. This is why it is especially important to use the services of a locally-owned, community-based gold sales outlet with a graduate gemologist on staff. This is preferable to an anonymous mail order or online business for a host of reasons, including: