Don’t be cheated: Learn how to sell the genuine gold jewelry

Sell gold bracelets

Gold buyers like us normally go by weight

Selling gold is an area where you are likely to find a lot of cheats, so go into it with your eyes wide open. Before you take gold jewelry anywhere, bone up on the current price for gold—check on the Internet or in the newspaper. This shows the buyer that you aren’t totally clueless, and you’ll be less likely to get cheated. Gold is priced per troy ounce, a measurement slightly different from regular ounces. Make your own ballpark estimate before trying to sell.

Here’s how.

  • Examine the karat mark of your jewelry items and divide into piles. Most will be 10k, 14k, or 18k. If it isn’t marked, it is probably gold plated or gold wash and worth next to nothing.
  • Weigh each group separately on a postal scale to determine number of ounces.
  • Convert ounces into troy ounces using an online converter or do it yourself by multiplying regular ounces by .912. (Gold prices are quoted in troy ounces.)
  • Deduct a percent for the part that isn’t gold. 10 karat is 41% gold, so you’d deduct 59%. 12 karat is 50% gold. 14 karat is 58% gold. 18 karat is 75% gold, and the highest you are likely to see in America. 22 karat is 91% gold. 24 karat is pure gold. So 20 troy ounces of 12 karat gold equals 10 troy ounces of pure gold. Why don’t you see much 22 or 24 k gold in America? Because it’s too soft to make good jewelry. A neck chain of 24 k gold would pull apart with minimal effort.
  • Multiply by the current troy ounce price.

That is what your gold is worth at retail, but of course you will not get that much for it. You are selling at wholesale – the buyer will sell at retail. Many dealers will offer you half the retail value. Shop around to get the best price. Reputable gold buyers should pay 70% or maybe 80% of the retail value. Knowing approximately what that is will protect you.

Yes, there are pawnshops, online buyers, mail order schemes, and fly-by-nights who breeze into town and set up shop in a hotel room, but your best bet by far is a reputable, local jewelry store or coin dealer that buys gold and silver and sticks around for his reputation to matter. Let the buyer know up front that you are going to get two or three offers before selling and hold to that plan.

Gold-looking jewelry made in the twentieth century is sometimes marked GF for gold-filled, a deceptive term that means a very thin layer of gold over base metal. Watch out for 14k GF, which sounds better but is still just a thin, thin, thin coat of gold. It is worthless as gold, but it may have value as costume jewelry or vintage jewelry.


Shared by Gold Rush Baltimore (Maksud Temirov)


Lumberjack and the Gold Fish (Funny Story)











This old lumberjack was passing by the lake carrying his ax on his shoulder. Suddenly, he tripped over a rock and his ax sank into the lake. While he sat frustrated, gold fish came out of the lake and asked him:

“Why are you frustrated? What’s wrong?”

“I just lost my ax. It drowned into this lake.”

“Don’t worry; I will go get it for you.”

After a while, gold fish came out with a gold ax and said:

“Is this your ax?”

“No, this is not mine. My ax was not gold; it was just plain rusty one.”

“Just a second” said the gold fish and went down the lake again.

“Maybe this one is yours?” asked the fish showing the old man a silver ax.

The lumberjack’s reply was the same: he told it was not his ax.

The gold fish plunged into the lake again and finally came up with the old man’s rusty ax with wooden handle.

“So, is this yours then?”

“Yes! That’s my ax! Thank you so much!”

The gold fish said that it was testing the old man’s honesty. For he was honest, it rewarded the lumberjack with both gold and silver axes. The lumberjack thanked the gold fish and went home happily with three axes.

Another day, the old man was passing by the lake again but this time with his 80 year old wife. All of a sudden, his wife tripped over the rock and drowned into the lake! As the lumberjack was sitting frustrated, the gold fish came out again and asked:

“Why are you frustrated? What’s wrong? Did you lose your ax again?”

“No, not my ax. This time, I lost my wife. She drowned in the lake!”

“Oh, that’s not good. Give me a second, I will take her out of the lake” said the gold fish and plunged into the water. After a while, it came out with a beautiful 20 year old girl and asked the old man:

“Is this your wife?”

“Yes, yes, she is my wife!!” said the lumberjack hurriedly.

“Oh my, I never expected this from you! Last time I rewarded you with 3 axes for your honesty but this time you’re being dishonest! This 20 year old young girl is not your wife! Get lost now! I don’t want to help you anymore!” – gold fish got angry at the old man.

“Come on, last time you rewarded me with three axes, right? And this time, if I don’t’ accept the first woman you’re going to give me all three women as a reward. I don’t need three wives! One will be enough; therefore, please just give me the first one and that’s it!”

Customer and Store Manager Perform a Dance

Music is a universal language for humans. It brings everyone together, no matter what race, culture or religion they belong to. There are no barriers because the music does the talking for us. It is something that everyone can relate to in regards to the different genres of music. Music can bring about peace, create friendships and do wonderful things for people. It’s true that you cannot have a conversation using music but you connect with people on such a high level that sometimes words cannot even take you to that place of connection. Similarly, a talented customer and the store manager of our Belair road location have recently performed such a wonderful dance to an Uzbek song. Attached here is an excerpt from their fun performance. Dance and stay warm through this cold weather! Click here to watch the footage: Uzbek-American Dance at Gold Rush

TEN Forgotten Stories About The Klondike Gold Rush. STORY 1: You Couldn’t Pack Light

packingThe Gold Rush began in 1896 with the discovery of gold in Canada’s largely uncharted Yukon territory. Word traveled fast, and within a year the northern reaches of Canada were swamped with people seeking their fortunes.

That caused a serious problem. People needed supplies to survive, and they needed a lot of supplies to survive the rocky, cold, hard trek in the North. Unfortunately, there was a distinct lack of grocery stores along the way. That meant that the small towns along the way were in danger of being overrun and being depleted of food.

The Canadian government enacted a provision that every American crossing the border for gold mining needed to bring their own supplies with them, and they needed to have enough to last them an entire year. That meant that a trip to the Yukon wasn’t just one-way—in some cases, people covered more than 1,610 kilometers (1,000 mi) back and forth between Alaska’s starting point of Dyea to their campsite at Bennett Lake. The two spots were only 53 kilometers (33 mi) apart, but a year’s worth of supplies was heavy and required way more than just one or two trips with a backpack.

The Northern Pacific Railroad put out a brochure with recommended provisions: 181 kilograms (400 lb) of flour, 4.5 kilograms (10 lb) of both coffee and tea, 34 kilograms (75 lb) of dried fruits, 56 kilograms (125 lb) of beans, and non-food supplies like tents, oil blankets, mosquito netting, axes, pitch, a stove, 60 meters (200 ft) of rope, and enough winter clothing to survive months of brutal temperatures.