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10May/100

How broken gold becomes valuable again.

Just because you or someone has gold that becomes broken, it does not mean that it automatically loses its value. What causes it to “lose” value is due to the perception that people give to it; but the overall reality is, is that it is still valuable by its very nature. People have been wondering how they were going to get that extra money to pay for bills or to have money for the next outing that is coming up; if you have broken gold, you can actually use that to get the extra cash that your need. If you read this further, you are going to learn how your broken gold can become valuable to you all over again.

Whether you are new or a novice to dealing with cash for gold transactions, you have to always keep in mind that selling you’re unused and in this case broken gold is always better when you sell it online.  Maybe you have some old broken gold necklaces or some broken gold earrings that you have been wondering what to do with for a long time, don’t just let them sit there, sell them for the fast cash that you deserve. So just exactly how does your broken gold keep its value? It is valuable because all gold can be broken down in its melted form and can be traded and sold all over the world. So those broken gold earrings and necklaces are still wanted by cash for gold brokers and that is what still makes them valuable. Now are you able to connect the dots and see what it is exactly you have to do? You have to take advantage of the fact that your broken gold is still valuable and sell it to have the extra cash that you need. There is a actual possibility that you have some broken gold in your house, all you have to do is take the time to look and see what you have.

There is another benefit to selling your broken gold online and that is in the fact that you even have the opportunity to become and affiliate with their cash for gold company and you would be able to reap the benefits again and again through commissions. Knowing this information makes you see your broken gold in a completely different way, the way of seeing it remain valuable. To know this information is not enough in itself; what you should do is make contact with a cash for gold online pawnbroker who can help give you actual cash value to the broken gold that you have. If you have scrap gold you can also sell that as well, as it is too valuable in the online market. Don’t lose out on making the extra cash that you deserve; the key word is extra because that means that you don’t have to spend from your income to pay off  whatever you need.  Remember, the broken gold that you have is still valuable, treat it as such and sell it today while gold prices are still high.

10May/100

Selling Gold? Be Smart and Know What You’re Selling

LOS ANGELES, CA, May 10, 2010 — As more and more people sell their broken or unwanted gold jewelry in order to raise fast cash in these economically-troubled times, it seems that very few sellers have any real idea about the value of the items they send-in to Internet buyers. That does not have to be the case. Mailing out gold items to Internet buyers can be a risk, since the number of buyers-and scammers too-have increased with the price of gold.

First, Understand How Gold is Valued

Let’s assume you have a heavy gold chain that you rarely wear anymore and want to sell for fast cash while the price is at record highs. The odds are that this chain is worth far more (in gold value) than it was when you bought it. However, you probably don’t know just how much that is, a fact that unethical buyers and out-and-out scammers know well how to take advantage of by low-balling the cash you receive.

Now, let us assume that this chain weighs approximately 20 grams. Gold is priced by the Troy Ounce, where 1 Troy Ounce contains 20 Pennyweights (DWT). Since there are 1.555 grams per Pennyweight, this gold chain contains 12.86 Pennyweights of gold.

At today’s spot market price of gold, $1,175.00/Ounce (20 DWT), you can now determine value by dividing 1,175 by 20 which tells you that each Pennyweight of gold in your chain is now worth $58.75. Your necklace of 20 grams contains 12.86 DWT. Its value, therefore is 12.86 X 58.75 =$755.52.

There is just one thing about this. It all depends upon the K (Karat) weight of the gold in the necklace. If it is marked 24K or 28K, that means 100% gold so the value shown above of $755.52 is what it’s worth. However, if it is marked 18K, for example, it only contains 75% pure gold and is therefore worth just $566.64.  If it is marked 14K, it has just 58.33% pure gold and will be worth somewhat less.

This is the process an Internet buyer uses to determine what each item you sent in is actually worth based upon assay and the current spot market price at that time. The final figure after assaying each piece and adding the figures together represents 100% of the actual value of everything that you sent. However, the buyer is running a business, so expect him to deduct a reasonable amount for his overhead and a small profit for the company.

Unethical buyers, counting upon the fact that you probably have no idea what your items are worth, may send you just 15 to 25% of actual value or, in the example of the 24K chain above, just $113.32 to $188.88. This IS NOT a fair and justifiable payout!

Your Best Defense is Knowledge

In the event that all these calculations seem way beyond your ability, there is another way. Take your items to a local jewelry store and ask him to give you a rough idea what your gold items are worth at the current spot market price for gold. He may charge you a few bucks for doing it, but in the long run you will know if an Internet buyer is ripping you off. You should receive at least 60-75% OF THE ACTUAL GOLD VALUE from an ethical buyer after he subtracts his overhead costs and a small profit from your item’s total value.

Also, keep in mind that any diamonds in your jewelry also have value and should either be appraised and included in your payout, or removed and returned to you.

Just as important, always check out any buyer you are using for the first time with the BBB (Better Business Bureau) and Internet complaint sites. If the company you are considering has a slew of ‘unresolved complaints’ from unhappy sellers, look elsewhere. This will also help you steer clear of out-and-out scams designed to steal your items and claim that they never arrived.

Cash for Gold Co always pays ‘the highest-possible percentage of the actual value of a seller’s property’ based upon assay and current spot market price. Learn more by visiting the company’s website at: http://www.cashforgoldco.com

9May/100

How to understand online pawnbroker services.

Since the dawn of the beginning of the internet, people have been fascinated with ways to make things simpler to use and in this case, to make money online.  When talking about this we have to talk about how the concept of the online pawnbroker came about.  As people became frustrated with trying to sell unused gold to their local pawnbroker, only to receive low cash payouts in return, many people began to turn to the online pawnbroker for faster results and better more fair cash payouts. Then as time went on, it became possible to sell forms of gold like gold necklaces, rings, dental scrap, silver and even diamonds online. The benefits of using online pawnbroker services were threefold: 1) No driving around the neighborhood to try and find what pawnbroker was going to by your jewelry. 2) Fast turnaround times; usually within 48 hours. 3) Honest and upfront pricing on the gold items that were sent in.  Now we have a frame work of how to understand online pawnbroker services in our time.

But besides these key points there are some other significant differences of online pawnbrokers that differ from the traditional community or local pawnbroker; and this is the reality that there is almost a no “haggle” presence to selling your gold online to a cash for gold broker. In fact the online pawnbrokers mostly cater to the cash for gold and cash for silver and diamond communities. There are very few out there who focus on the buying of other traditional pawnshop items that many people have come to know of. This in itself is an advantage of dealing with an online pawnbroker: they are mainly and only concerned with giving you cash for your unused gold or jewelry.

With all of this, perhaps one of the most significant positive aspects of dealing with an online cash for gold broker is the fact that they are usually more versed and knowledgeable about the gold and diamond market than traditional pawnshops by the mere fact that they study the gold market and its prices and trend more often. This is done due to the fact that they are required to adhere to the current payout rates of the gold market statistics at the time.  These reasons in and of itself should be enough proof that it pays to sell your gold online rather than in your local community.

But what if you have never sold your gold online before? Just what steps should you take to make sure that your first cash for gold transaction works out in your favor? The first step is to actually get your unused gold prepared to sell and gather all of it. If you have unused diamonds or silver it would also be to your benefit to sell those to an online pawnbroker as well.  After that make sure you deal with a cash for gold broker is accredited with the BBB and you will have understood the concept behind online cash for gold services.

21Apr/100

Recreational Gold Prospectors Make Interesting Cash for Gold Co Customers!

Los Angeles, CA—In the past several weeks, Cash for Gold Co has received some unique seller property when SECUREPAK™ mailing envelopes arrived. They contained quantities of newly-mined Placer gold obviously the result of recreational prospecting and mining activities.

According to Joe Montes, president, “When we receive and open arriving SECUREPAK™ mailing envelopes, we expect to find watches, rings, chains and other gold jewelry. However, to our staff’s surprise, we received several in the past few weeks that contained small glass vials of raw placer gold in the form of small gold nuggets and flakes that were either panned or dredged from Western U.S. rivers or streams. This kind of took us back to the old days of the California 49ers and the gold rush.”

Montes added, “Recreational gold prospecting and mining is a fascinating hobby that has a growing following during these lean economic times. And while these modern-day miners usually save their finds, it seems that quite a few are out there today to supplement their regular incomes, and it’s apparently paying off. The idea that all the gold was found back in the day just isn’t true judging from what we received. One SECUREPAK™ alone contained almost 3-1/2 ounces of placer gold and that’s a pretty good payday for the seller.”

The price of gold has remained at record highs despite the fact that our economy is still down and unemployment is high. This financial situation has created a continually-growing customer base for Cash for Gold Co that has even extended to recreational miners who send-in their finds for fast cash.

Cash for Gold Co is a leading Internet buyer of gold, platinum and silver in any form and this apparently includes the raw gold people are still finding with dredges, sluices and metal detectors. And the company treats it the same way as the gold they receive in the form of manufactured jewelry. When received, gold flakes and nuggets are assayed and a price determined based upon the spot market gold price at that time.

Contact Information

Joe Montes
Cash For Gold CO
PO BOX 56117
Sherman Oaks 91413
Phone: 310-363-0879
Email: press@cashforgoldco.com
Visit:  Cash For Gold

21Apr/100

Need Cash for College Tuition? Cash for Gold Co Can Help!

It’s no secret that colleges and universities across the country have limited new enrollments and raised yearly tuition costs. This has placed concerned parents who are already suffering from reduced incomes in a real quandary about how to help their children get the education they deserve.

According to Joe Montes, president, “We’ve heard from several parents that they decided to sell their gold and platinum jewelry because they felt that being adorned with a bit of flash seemed unimportant compared to helping their kids pay for school. So what they did was round-up their gold chains, old class rings and other jewelry items and send them to Cash for Gold Co in order to come up with the extra money they needed for tuition.”

Montes commented further, “We can’t think of a better reason to raise extra money during the current economic downturn. Experts are telling us that by statistical standard, the recession is over. However, statistics mean little to those who have been unemployed for months with the fall college enrollment fees fast approaching. We congratulate these parents for sensibly prioritizing their financial needs!”

Cash for Gold Co pays sellers ‘the highest-possible percentage of actual value of their precious metal properties based upon assay and the spot market price for the metals at that time.’ With current market prices for gold, platinum and silver at record highs, there has never been a better time to turn broken or unwanted jewelry items into fast cash. The company also buys diamonds and these can have considerable cash value in themselves.

All sellers have to do is visit the Cash for Gold Co website at: http://www.cashforgoldco.com and request a SECUREPAK™ mailing envelope in which to ship us their property. These envelopes are pre-insured for up to $1,000 each to guard against any risk to the seller due to theft or loss while in transit to our facility.