There have been times in history when big financial events seem to come at the rate of one or two a year. This is not one of those times. Every day seems to bring a big piece of financial news that could threaten the trading price of gold. For example . . .Read More
Can You Carry Gold Coins and Bullion into the U.S. without Paying Duty? Be Sure to Know U.S. Government Limitations
Let’s say that you have bought some beautiful gold coins or bullion while you have been traveling abroad, and that you want to bring them back with you into the U.S. You might have heard that such items can be freely brought into the U.S. without paying duties.Read More
Have you ever sold an unwanted piece of gold jewelry to a jeweler or one of those “We Buy Gold” stores?
It’s a straightforward process. You walk in, the person behind the counter checks your item with a gold testing kit, and makes you a cash offer that you can either accept or reject on the spot. But in reality, the person on the other side of the counter is making a lot of calculations that he or she is almost certainly not sharing with you . . .Read More
Finding a big gold nugget or other chunk of gold is every gold investor’s dream. And it does happen occasionally. It is far more likely that you will find small chunks of the precious metal – and likely that you will overlook some of them when you go hunting for gold in estate sales, antique stores, and even around your own house.Read More
Way back in 1977, NASA launched its Voyager 1 and Voyager 2 space probes from Cape Canaveral, Florida. Both of them are now about 14 billion miles from Earth and, incredibly, both are still communicating scientific data back to NASA.Read More
You go looking for gold and . . . you find some! Maybe you go to an antique store and find a piece of jewelry that looks like pure, shiny gold, but you find out later that it is only covered with a thin gold plating. Or you discover a gold nugget and find out that it is only a cheap collectible that has been created to look like the real thing, but isn’t.Read More
What is an appliqué? It is a small decorative piece of silver or gold that is applied to another metal. The word appliqué is French, meaning “applied.” (An appliqué is also a piece of fabric that is sewn onto a garment as a decoration, but that is not the kind of appliqué we are writing about in today’s post.)Read More
Are airplanes great places to look for gold, silver and other precious metals? Granted, the mechanical and electronics that planes hold often contain amounts elements of gold, platinum and silver. But tons of gold? Why would any plane contain that much precious metal?
Gold-plated and gold-covered items look beautiful - and they look expensive. But even though many collectible items have a beautiful surface of genuine gold, some contain only a tiny amount of the precious metal. Over the centuries, tiny amounts of gold have been beaten thin and used to decorate all kinds of items, even buildings.Read More
Tariffs, Trade Wars, Shrinking Tech . . .What’s the best way to invest in scrap gold today?
We have to admit, we have never seen a period when it has been so difficult to pinpoint the biggest trends that will affect the prices of gold. In the past, there were periods of uncertainty when it was possible to consider just one trend, see how it was probably going to affect domestic gold prices, and formulate an investment strategy. You could say, for example, “Looks like trade relations with China are going to be rough for a while, there could be fewer gold crossing borders, so the price of gold that is already in the U.S. is probably going to rise.”
Have you heard that half of all marriages end in divorce? If you do a little research online, you will learn that statistic is not true. It seems that in about 1980, the divorce rate hit an all-time high of 40%, and is be declining today. That could be because more young people are skipping marriage - and if you don’t get married, how can you get divorced?Read More
We watched the royal wedding. Did you?
And while we were caught up in the wonderful spectacle of two young people starting their married life together, we couldn’t help noticing that a lot of jewelry was on display too. (We assume that most of the gold and gemstones we saw were the real thing, given the wealth of the celebrities in attendance and the serious nature of the event.)Read More
Where to find hidden gold and other valuables under fake bottoms
Over the years, people have devised some very clever ways to hide valuables. They have buried jewel boxes in their yards, painted diamonds black to disguise them, stashed gold under floorboards, and hidden jewelry in hollowed-out banisters and behind loose bricks in the basement.Read More
Let’s face it. Engagements have a way of not working out and when they don’t, many women end up with a valuable platinum engagement ring. If you find yourself in that situation, what should you do with your old ring, which could be worth a lot of money?Read More
Bling has been around for centuries. Marie Antoinette, members of the Russian Imperial family and all kinds of royals from past ages have loved to adorn themselves with shiny, oversized pieces of jewelry. They were apparently trying to send a message that said, “I can afford this stuff, you can’t, I am richer than you are, and you better be impressed.”Read More
If you like to go hunting for sterling silver or silver-plated tableware, you already know that the items you find at antique stores and estate sales usually fall into these two categories . . .Read More
Back in his student days, our friend Joe was short of cash one month. So to pay his rent, he sold his high school ring to a jewelry shop on 47th Street in New York.
“I took it in, we struck a deal on price and before he even paid me, the guy behind the counter stuck my ring on a mandrel, grabbed a big hammer, and smashed the gem stone that was mounted in it. I left the store with some cash in my pocket, but I wasn’t feeling too great about the whole experience.”Read More
Do you have a quarter, a silver dollar or another coin that you would like to have made into a ring?
If so, you can quickly find a company that will refashion your coin into a ring, just by searching online. It seems that lots of people are starting businesses that do it.Read More