Incredibly Odd Questions about Gold

Incredibly Odd Questions about Gold

We’ve heard a lot of odd questions about gold over the years, and we’ve been saving them up. Today, we’d like to share some of them with you and tell you the answers. Question One: Is it true that the human body contains gold?

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How to Eliminate the Middle Man and Get the Most Money for Your Gold Scrap

How to Eliminate the Middle Man and Get the Most Money for Your Gold Scrap

When you have gold to sell, you need to be talking to a company like Specialty Metals Smelters and Refiners. And we’re not making you an empty, hard sales pitch when we say that. There are some very solid reasons why we should be the company you choose to handle all your recycling and refining needs...

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Four Resolutions that Can Make You Lots of Money in Gold in the New Year

Four Resolutions that Can Make You Lots of Money in Gold in the New Year

If you’ve already made a list of resolutions for the new year, please take it out and get ready to add some more. We’d like you to add the following to your list. If you do, we predict you will make a few thousand dollars – maybe a lot more – by finding and recycling gold in the coming year.

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Recycling Gold - Do Older or Newer Sources Give You the Greater Yield?

Recycling Gold - Do Older or Newer Sources Give You the Greater Yield?

I recently took a close look at the inner workings of an old stereo console that dates from the mid-1950s. It’s one of those “hi-fis” that were so popular back then. It doesn’t work anymore and would probably cause a fire if we left it plugged in, but it starts conversations. If you look inside, you’ll see that it contains an amplifier, a radio receiver, two big speakers, and even a turntable, all packed into a heavy piece of cabinetry. There are vacuum tubes, lots of wires, an antenna, and miscellaneous other components. But is there any gold inside? 

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Why Gold Still Makes News Every Day

Why Gold Still Makes News Every Day

You’d think that gold wouldn’t be interesting anymore. People have been finding it and mining it for thousands of years. They’ve been using it to make jewelry, dental fillings and appliances, electronic devices, cosmetics and even medicines. Gold is old news, right? Not really. The fact is that gold, the precious metal that has been used by humans for longer than just about any other, continues to make the news most every day. Here are some news stories from just the last few weeks...

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Three Reasons Why the Gold You Have Has Mystical and Magical Properties

Three Reasons Why the Gold You Have Has Mystical and Magical Properties

Gold is beautiful. It conducts electricity. It can be shaped easily. It is bright and shiny, even when found in riverbeds and mines. People are always finding new ways to use it in electrical, aerospace and even medical applications. That’s all true. But there is something else about gold – something that is a bit harder to explain: Gold is mysterious and magical...

 

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Why Your Recyclable Gold Will Always Be in Demand

Why Your Recyclable Gold Will Always Be in Demand

All of us who work with precious metals are acutely aware that gold is trading at pretty low prices these days. But does that mean that demand for gold is about to go away? Or does it mean that you should forget about recycling gold today if you need cash? Not at all. You see, the demand for gold is at an all time high today, for some very compelling reasons...

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Now’s the Time to Help Older Relatives Raise Money before the Holidays

If you have older relatives who are feeling blue because it will be so expensive to buy holiday presents this season, here is a suggestion.

Why not encourage them to recycle any precious metal items that they have on hand now? They could get a check from us just in time to take the sting out of holiday shopping.

As this photo shows, now is the time to talk to goldrefiners about turning the gold items lying around your house into money to pay for holiday shopping.

Here’s a quick checklist that you can share with your mom, dad, aunt or uncle to help them identify unwanted items that can be recycled with the services of a qualified precious metals recycler like us.

  • Silver and silver-plated tableware – There can be a lot of value hidden in mixed lots of old knives, forks and spoons that haven’t been used for years.
  • Metal picture frames – Some of them are actually made of pure silver. Others are made of base metals plated with silver and in come cases, gold. They are well worth examining closely.
  • Old trophies, medals, religious items and awards - In earlier decades, it was not uncommon for many of them to be made from silver, gold-plated silver, or other precious metals – even platinum. They are often small, but their dollar value might not be.
  • Unwanted piece of jewelry – Rings, pins, bracelets, watches, chains, and other items can be worth a great deal of money.
  • Old bridges, caps and unused dental appliances – It might surprise you to learn that your relative has kept such items, but sometimes people do. They intend to recycle them someday. Maybe that “someday” should be today.
  • Deskware, including paperweights, pen and pencil holders, and letter openers – Such items, often engraved, were once given often as incentives and awards. They could be hiding in plain sight on your relative’s desk, mantle, or bookshelves.
  • Lighters, cigarette and cigar cases, and other smoker’s paraphernalia – Several decades ago when many people smoked, these items were produced in great quantities and often given as gifts. It is extremely unlikely that they are being used today, so now is the time to send them to a qualified precious metals refinery for recycling.

It’s Easier than Ever Before to Find Out How Much Items Are Worth

If you have located any of the above items, you can sit down with your relative and give us a call at 800-426-2344. It will be a fun call, and potentially a profitable one too. One of our expert consultants will be happy to speak with you confidentially and give you an estimate of what your precious metals could be worth.

Related Posts:

Raising Funds for Holiday Shopping: Why Not Get Family, Friends and Neighbors Looking for Precious Metals to Recycle?
Is this a Good Time to Sell My Gold?
Open Things Up, Find Precious Metals, Make Money
Need Extra Cash for the Holidays? Why Not Recycle Your Precious Metals Now?

Is this a Good Time to Sell My Gold?

If you have been paying attention to dropping gold prices, you probably believe that this would be a very bad time to sell your gold. It seems like a far better time to buy gold now and hold it until prices bounce back.

Image of "Cash for Gold" signholders for Specialty Metals blog post, Scams to Avoid when Selling Precious Metals, courtesy of Comedy Central and South Park.

But the fact remains that there is no one answer to the question, “Is this the time to sell?” Even when prices are low, your circumstances could dictate that selling now might be a very good idea.

Those circumstances could be . . .

  • You acquired gold at a lower price than its current trading level, so selling now would represent a net gain for you. If you make a sizeable profit from selling your gold for more than you paid for it, the current trading price might not be a relevant concern.
  • You could use the money that is tied up in your gold holdings to make opportune investments in real estate, fine art, or other assets that will appreciate in value. And remember, you could receive a usable sum of money by recycling only a part of your gold holdings. (Nobody can require you to sell all the gold you own right now, correct?)
  • You can use the cash you realize as a tax-deductible charitable contribution to a college, a hospital or another institution that you support. Depending on your tax bracket and other considerations, it could be a strategy that will minimize your taxes, offset the current low price of gold, and help you support a favorite institution too.
  • You own gold-bearing items that need to be recycled, not bouillon, and you don’t know just how much money you stand to gain by recycling them now. They could be gold dental scrap, gold-plated decorative items, a large quantity of printed circuit boards or other electronic devices that need to be tested by a qualified gold refinery like us. You could get a much bigger payment for those items than you expect.
  • You are making a new estate plan. Instead of holding on to valuable precious metals and having your heirs pay inheritance tax on them should you die, perhaps you should liquidate them and put the money you get into a trust or other vehicle that will serve to minimize inheritance taxes. The attorney or other expert who is helping you plan your estate can offer you the advice you need.

How Much Are Your Gold-Bearing Items Worth?

If you are not sure call us at 800-426-2344 to find out.