How to Develop Your Precious Metals “Sixth Sense”

We recently spent a few hours in the company of an expert jeweler, looking through a batch of old jewelry scrap. It was amazing to watch him work. He seemed to have a kind of sixth sense about what he was looking at. He picked up a small chain and said, “This is solid gold.” Then he looked at an old watch and said, “The case is gold plated, not worth much.” Then he looked at a ring and said that although it looked like platinum, it was base metal that had a thin level of chrome or other bright-metal plating applied to it. Again, not worth more than a few cents.

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Four Questions to Ask Before You Have Your Coins Made into Rings

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.

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What Makes for a Spectacular Engagement Ring? Hint - It’s Not about the Gold

We enjoyed “10 Most Famous Engagement Rings in History,” a post on the TheKnot.com blog. It offers entertaining descriptions of 10 of the most jaw-dropping engagement rings ever given. One was a Van Cleep & Arpels engagement ring that JFK gave to Jacqueline Bouvier. It boasted both a 2.84-carat emerald and a 2.88-carat diamond. Not too shabby. Other astonishing rings are mentioned in the blog post too, including immense rings given to Mia Farrow by Frank Sinatra, to Marilyn Monroe by Joe DiMaggio, to Elizabeth Taylor by Mike Todd, to Beyoncé by Jay Z, and even to Queen Elizabeth II by Prince Philip. We can hardly keep up.

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How Can You Recognize White Gold?

White gold is an alloy of gold and at least one white metal – sometimes more than one. Those additional metals could be nickel, palladium, or zinc. Sometimes a little copper is added too, to make the alloy less brittle and easier to shape. But only a little copper can be added, because if you add too much of it to gold, the resulting alloy becomes pinkish in hue. (That’s where so-called pink gold comes from.)

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These Recyclable Materials Contain Precious Metals

When we answered our phone a few weeks ago, a very nice gentleman told us that he had collected more than 1,000 used printer cartridges that he wanted to recycle. “How can I send them to you to be processed?” he asked. We had to give him the bad news that print cartridges do not contain precious metals. We explained that some of the ink they once contained might have contained tiny quantities of silver, and that some ink cartridges have circuit boards that contain extremely small quantities of gold - but that even in the best of circumstances, he didn’t have enough of any precious metal that we could profitably extract for him. We suggested that he take his cartridges to an office supply store that participates in manufacturers’ recycling programs.

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Why There Is Money to Be Made Recycling Metal Pieces You Can’t Identify

We found it at the bottom of a small bin of metal scrap that a client had sent to us for analysis. It was a little piece of gold-toned metal, about half an inch long. It was shaped like a barrel, with ribs running along it from end to end. We thought it was a bead, but it didn’t have a hole running through its middle - the kind of hole that would enable it to be used as part of a necklace. Our best guess was that it was part of a larger piece of jewelry - something that had fallen off a brooch or maybe even a tiara. There were no karat markings or other identifiers, so we figured it was made of base metal that had been covered with a thin plating of gold. But what the heck, we tested it and discovered that it was, in fact, made of 12-karat gold.

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What Are the Weirdest Objects Ever Made from Precious Metals?

We have already written on this blog about strange things that have been made from precious metals over the centuries. (See “Be On the Alert for Strange Objects Made from Precious Metals,” a blog post we published on November 16, 2016.) In that post, we wrote about sterling-silver prosthetic noses, gold-plated iPhone cases and other oddities.

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Are Your Parents Going to a Nursing Home? Here Are the Best Strategies for Dealing with their Jewelry

If you have an elderly relative who is about to enter a nursing home or assisted living, chances are you are already working with a counselor who is helping you deal with their financial assets. Today’s post is not meant to serve as a substitute for the expert advice you can get from those counselors, who know the ins and outs of Medicare and other factors that can impact on financial planning for elders.

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What Are the Safest Places to Store Precious Metals?

Do you have gold, silver and other precious metals that you would like to store safely away? If so, what are your most secure and loss-proof options?

In today’s post, we’ll discuss some of the popular storage places people choose for precious metals and explore what is good and bad about them.

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Mine or Recycle Gold? We Have an Opinion about Which Is Better

“EPA Allows Mine Company to Pursue Permits Near Alaska Bay,” an article that Becky Bohrer wrote for the Associated Press on May 12, reports that the U.S. Environmental Protection Agency is on the verge of approving a permit for a new copper and gold mine in the Bristol Bay area of Alaska. According to the article, that region produces half of the world’s sockeye salmon. The article reports that the area is also home to a fervent group of environmentalists who vehemently oppose opening a new mine in their pristine area.

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How to Make Money Recycling Tungsten from Old Light Bulbs

If you’ve visited the lightbulb aisle at a home superstore lately, you know a big change has taken place. The old incandescent light bulbs that people used for decades have disappeared and been replaced by a variety of new bulbs, most commonly Compact Florescent Lightbulbs called CFL’s, that work much differently from old incandescent bulbs.

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