Gold Price Manipulation - Bill Murphy Presents Evidence at CFTC meeting

In Gold We Trust Scrap Gold Calculator gives up to the minute scrap gold prices as well as prices on all junk silver and bullion silver coins

Eric King Interviews Gold And Silver Market Whistleblower

This is a must listen interview -






Scrap Gold Calculator and Scrap Gold Prices

Latest Scrap Gold Prices Report

Visit In Gold We Trust for the latest scrap gold prices report

How to Work Out the Price of Junk Silver Coins

The term Junk Silver Coins often refers to old US coins such as morgan silver dollars, Kennedy half dollars, mercury dimes and so on. They are an excellent way to invest in silver but are a bit tricky when working out the exact values because they have weird amounts of silver in them. This article will help waork out the value


Go to www.in-gold-we-trust.info to get the most current price of silver
Step
2
Organise your coins according to type - dimes , quarters , half dollars and dollars. Remember only coins minted before 1969 contain silver. Then sort the coins further as to the type of dime, quarter etc they are. For example different dimes have different amounts of silver in them. This info should help.

Seated Liberty Dime 1837-1852
Seated Liberty Dime 1853-1873
Seated Liberty Dime 1873-1891
Barber Dime 1892-1916
Mercury Dime 1916 to 1945
Roosevelt Dime 1946-1964
Barber Quarters 1892-1916
Standing Liberty Quarters 1916-1930
Washington Quarters 1932-1964
Barber Half Dollar 1892-1915
Walking Liberty Half 1916-1947
Franklin Half Dollar 1948-1963
Kennedy Half Dollar 1964

Kennedy Half Dollar 1965-1969
Trade Dollar 1873-1885
Morgan Dollar 1878-1921
Peace Dollar 1921-1935
Step
3
Then take the current price of silver and multiply it by the silver content of each of your coins. Use the info below for silver content

Seated Liberty 1837-1852 0.07726
Seated Liberty 1853-1873 0.07205
Seated Liberty 1873-1891 0.07234
Barber Dime 1892-1916 0.07234
Mercury Dime 1916 to 1945 0.07234
Roosevelt Dime 1946-1964 0.07234
Barber Quarters 1892-1916 0.18084
Standing Liberty Quarters 1916-1930 0.18084
Washington Quarters 1932-1964 0.18084
Barber Half Dollar 1892-1915 0.36169
Walking Liberty Half 1916-1947 0.36169
Franklin Half Dollar 1948-1963 0.36169
Kennedy Half Dollar 1964 0.36169

Kennedy Half Dollar 1965-1969 0.14789
Trade Dollar 1873-1885 0.78761
Morgan Dollar 1878-1921 0.77343
Peace Dollar 1921-1935 0.77343

Example - the price of silver is $15 and I have a Kennedy Half Dollar. So the calculation is 15x0.36169=$5.68

In Gold We Trust Is an Online Calculator giving up to the minute prices on all silver dollars and junk silver coins

Calculating the Gold Price Per Gram

Many people need to calculate the gold price in grams - people in Europe and people who have a small gold item that is measured in grams . This article gives three easy steps for someone to calculate the gold price in grams

The Gold Price is measured in Troy Ounces. When you see the current gold price it is for one troy ounce of gold

Go to www.in-gold-we-trust.info and get the current price of gold from the table on the left side of the screen
Step
2
One Troy Ounce has 31.1034768 grams.



Many people round the number to 31.1 but for the purposes of this article we will use the full number of 31.1034768
Step
3
With your calculator - divide the current price of gold by 31.1034768 and this will give you the current price of gold per gram.

Alternatively you can visit different gold calculator websites such as the one linked to this website and it will calculate the price for you.


In Gold We Trust is an online Scrap Gold Calculator giving up to the minute scrap gold prices and will calculate the gold price per gram

Working Out the Value Of Silver Dollars

For anyone who owns silver dollar coins or other junk silver coins - calculating the value today can be a bit of a pain (they are worth way more than a dollar today!!!) So this article will explain how to do that easily

Get the current price of silver per ounce. You can get this by going to www.in-gold-we-trust.info - the prices are listed on the Home Page or Alternatively go to www.kitco.com
Step
2
Establish if your dollars are
• Trade Dollars
• Morgan Dollars
• Peace Dollars

You can do this by looking at the date

• Trade Dollars minted between 1873-1883
• Morgan Dollars minted between 1878-1921
• Peace Dollars minted between 1921 - 1935
Step
3
Take the current price of silver (lets say it is $16.50) and do the following calculations

• Trade Dollars = 16.50 x 0.78761 x the number of coins you have
• Morgan Dollars = 16.50 x 0.77343 x the number of coins you have
• Peace Dollars = 16.50 x 0.77343 x the number of coins you have

The second figure in the calculation is the ounce amount of silver in the coin



In Gold We Trust is an Online Calculator for all Silver Dollar and Junk Silver Coins

How to Work Out Scrap Gold Prices

As people look to cash in their old unwanted gold jewelry it is important for them to know the value of their scrap gold items. This article gives easy steps on how to calculate scrap gold prices

First you need to establish the gold purity of the scrap gold you have. For jewelry this is easy. Gold jewelry is classified in terms of karats (10k, 14k, 18k ,22k). It is usually marked on the jewelry item - you may need you magnifying glass for this.

For other scrap gold items such as CPU chips, gold flake and so on you can establish the purity of the gold by doing an acid test. you can get an acid test kit from ebay.
Step
2
Once you know the karat value of of your scrap gold then you need to weigh it - knowing the weight in ounces or grams is fine.
Step
3
Gold under 24 karat is a percentage of pure gold mixed in with other base metals. The percentages for different karats are as follows

10k = 41.7% pure gold
14k = 58.5% pure gold
18k = 75% pure gold
22k = 91.6% pure gold

Example in Ounces

I have 2 ounces of 14k gold. The current gold price is $1100 so the value of my gold is as follows

1100 x 0.585 x2 = $1287

Example in Grams

I have 5 grams of 14 karat gold and the gold price is $1100 per ounce

Gold price per gram = 1100/31.1034768=$35.37

Value of my gold = 35.37x0.585x 5=$103.44



In Gold We Trust Scrap Gold Calculator gives up to the minute scrap gold prices as well as prices on all junk silver and bullion silver coins

Calculating the Value of Old Canadian Coins

This article gives steps on how to calculate the value of both old Canadian coins (junk silver coins) that contained silver and also different Canadian Maple Leafs made of silver and gold.


Canadian Junk Silver Coins are dimes, quarters, halfs and dollars minted up to 1968. Depending on the year they were minted they have varying amounts of silver in them. See list below

1900-1919 Dime (92.5%)
• 1920 -1967 Dime (80%)
• 1967-1968 Dime (50%)
• 1900 -1919 Quarter (92.5%)
• 1920 - 1967 Quarter (80%)
• 1967-1968 Quarter (50%)
• 1901-1919 Half Dollar (92.5%)
• 1920-1967 Half Dollar (80%)
• 1935-1967 Dollar (80%)

Organize your coins according to type and year of mint
Step
2
Go to www.in-gold-we-trust.info to get the current price of silver.

To work out the value of your coin multiply the price of silver by the content of silver in the coin. For example the price of silver is $16 you have a 1910 dime so the value is 16x0.0693= $1.49

1900-1919 Dime (92.5%) = 0.0693 troy ounces of silver
• 1920 -1967 Dime (80%) = 0.0599 troy ounces of silver
• 1967-1968 Dime (50%) = 0.0375 troy ounces of silver
• 1900 -1919 Quarter (92.5%) = 0.1734 troy ounces of silver
• 1920 - 1967 Quarter (80%) = 0.15 troy ounces of silver
• 1967-1968 Quarter (50%) = 0.0937 troy ounces of silver
• 1901-1919 Half Dollar (92.5%) = 0.3456 troy ounces of silver
• 1920-1967 Half Dollar (80%) = 0.2989 troy ounces of silver
• 1935-1967 Dollar (80%) = 0.6001 troy ounces of silver
Step
3
Other Canadian Coins -

The Canadian Mint issues "Maple Leaf" Coins in Gold Silver and Platinum.
Here is some information on the coins and their gold content

Gold
$50 Maple Leaf = One ounce of pure gold
$20 Maple Leaf = Half ounce of pure gold
$10 Maple Leaf = Quarter Ounce of pure gold
$5 Maple Leaf = 1/10th Ounce of Pure gold
$1 Maple Leaf = 1/20th ounce of pure gold

Silver Maple Leafs are minted in Just one Ounce Coins

Platinum Maple Leafs

$50 Maple Leaf = One Ounce of Pure Platinum
$20 Maple Leaf = Half Ounce of Pure Platinum
$10 Maple Leaf = Quarter Ounce of Pure Platinum
$5 Maple Leaf = 1/10th Ounce of Pure Platinum
$2 Maple Leaf = 1/15th Ounce of Pure Platinum
$1 Maple Leaf = 1/20th Ounce of Pure Platinum

Remember Denominations under 1 ounce of platinum maple leafs have not been minted since 2002.

The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins

What is the Gold Price Per Penny Weight

Another common question that comes up is how much is a pennyweight (DWT) worth. Pennyweight is a fraction of an ounce. There are 20 pennyweights to one ounce. So take the reported price of gold and divide it by 20 to get the current gold price per pennyweight.

In Gold We Trust Coin Bullion and Scrap Gold Calculator is an online tool to give you up to the minute values of all gold coins, junk silver coins, silver bullion, platinum coins and jewelry.

How to Invest in Silver

A short video going into detail about investing in silver




In Gold We Trust Scrap Gold Calculator is an online tool that gives up to the minute prices on all gold silver and platinum coins, bullion and scrap

How Many Grams in an Ounce of Gold

Gold is measured in troy ounces. So when you see the price of gold is $1000 - this is for one troy ounce.

One troy ounce has 31.1.034768 grams in it. Many people round it up to 31.1. grams for simplicity sake

OR...

it is way easier to just go to In Gold We Trust which is a Coin, Bullion and Scrap Gold Calculator and it will work it out for you with the current price of gold

Buying Gold On a Small Budget

Buy Old Gold Jewelry
As funny as it may sound buying old gold jewelry is an excellent and easy way to get into investing in gold - especially for those on a budget. Old jewelry is often referred as scrap gold, the price of the scrap gold item will always reflect the current price of gold. For example someone has an 18k wedding band that weighs 3 grams. 18k gold is 75% pure gold mixed with other metals. The gold price per gram at the moment is around $35. 18k gold is therefore $26.50 per gram so the ring is worth $79.68. As the gold price gold up and down so will the value of your ring in proportion to the amount of gold in it. So you have just made a gold investment for under $100. If you buy 10k or 14 rings then obviously it will get cheaper. The trick is knowing the scrap gold value of an item. If you go to www.in-gold-we-trust.info there is a scrap gold calculator that will calculate the value of any scrap gold item.
Scrap gold can be bought easily on Ebay or try your local coin shop or second hand jeweler. You don't want to be paying more than 10% above the scrap gold value of the item though.


Buy Old European Coins
Over 100 years ago almost all European countries had gold coins in circulation, these coins contain small fractions of pure gold in them. An Austrian 1 ducat for example has just over one tenth of an ounce of gold in them. A half British Sovereign has 0.1177 of an ounce of pure gold - pricing them at just over $100. The only draw back with these coins is calculating the current value because they all have very odd amounts of gold in them. If you go to www.in-gold-we-trust.info the gold calculator will calculate the current value of any of these coins.


Buy Silver
Silver is also a precious metal and its price tends to rise and fall with that of gold (click here for explanation of the Gold to Silver Ratio). It is also much cheaper than gold with an ounce costing under $20 at todays prices. What is even better is junk silver coins - old US coins such as Kennedy Half Dollars , Morgan Silver Dollars, Peace Dollars and So On. The great thing about these coins is that they are very low denomination for example a Mercury Silver Dime will cost you under $2. Its value will always reflect the price of silver and you can keep adding to your collection even on a very small budget.
You want to find a dealer that will sell you these coins in small quantities, try your local coin deall or once again Ebay is a great place.
The trick with these coins also is to know the current silver value of each coin you are thinking of purchasing. Go to the In Gold We Trust website linked below and their calculator will give you up to the minute prices on all junk silver coins



In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc

Investing in Gold - Knowing the Ins and Outs

Why You Should Not "Invest" in Gold
Don't get me wrong - I am certainly not against buying gold but as an asset class it is worthwhile seeing how it behaves differently to other investments such as stocks, bonds or real estate. When you buy a stock in IBM you receive a yearly dividend (hopefully) and (hopefully) the value of the stock goes up over time, the same when you buy real estate as an investment. With Gold it is a little bit different. The reason why gold is seen as a safe haven is that it is a store of value, it never loses its purchasing power. There is an oft quoted adage that an ounce of gold in Roman times would have bought an army officer a fine suit of clothes, that in Shakespeare's times an ounce of gold would have bought a good quality set of clothes and today with gold at just over $1000 this would buy you a good Armani Suit. BUT just as over time it does not lose purchasing power it does not increase purchasing power. The real long term nature of gold is as Insurance and not as an investment. As wars are fought, governments collapse, economies tumble people have rushed into gold because they know it is a place where they can preserve the wealth they have.

Yes you can point to gold's meteoric rise over the last 8 or so years and say what a great "investment" it has been but if you see gold as insurance and mainly buy it as that then you will be able to withstand volatile swings in price that often occur in the gold market, you will be less worried about day to day actions in price and you will perhaps see that the price of gold did not go up just the value paper money in your wallet went down.

Gold Will Protect Me From Coming Super or Hyperinflation - Or Maybe Not
Many gold commentators talk about excessive money printing by central banks, how it will inevitably lead to sky high inflation even hyperinflation and how gold will protect you. Well yes and no. Gold is not such a immediate hedge against inflation that everybody thinks as much as it a hedge against political risk. When Gold skyrocketed to $850 in 1980 it was not a reaction to high prices so much as to the uncertainty surrounding the future of the dollar. In the following years inflation still persisted but the gold price plummeted. Gold is a hedge against inflation really in the long term because in the long term it retains its purchasing power but will it rise 10% just because inflation rose 10% - history is unclear on that.

There is A High Risk of a Worldwide Currency Collapse - So Gold is the Only Safe Haven????
It is February 2010 and Greece is on the brink of bankruptcy with Portugal, Italy, Ireland and Spain all waiting in line to follow suit, if these countries go down then they will take many others with them. Countries like Germany will also be drastically effected because they lent the money, kept part of the debt and then sold the rest on to Insurance companies and Pension Funds along with insurance called Credit Derivatives. States in the USA like California and Illinois are in worse shape than Greece. The whole worldwide financial system is massively intertwined through a complex system of derivatives, there was massive over borrowing and someone will have to pay the piper. There is therefore a certain inevitability about a full on currency crisis making gold ever more attractive because it is no one's liability it cannot be printed ad infinitum. However much they try governments cannot corrupt it.

However inevitable a currency crisis or collapse may seem to you, for there to actually be one the majority of the market or at least the big players in that market have to agree with you. While the fundamentals are in place it can take a long time for the mass to catch on to those fundamentals. You may not be fooled by bailouts and government posturing but in the short term many people are. So for you to be proved right may take many years with lots of twists and turns.

What we face at the moment is a huge credit collapse never seen on such a magnitude before so who knows how it will play out. If you remember back to 2008 this particular crash caused the gold price to collapse and the dollar to strengthen -so in the short to medium term this could happen again. Once again if you see gold as insurance - the short to medium term does not matter so much.

Gold as Protection during a Financial Crisis
If gold is your only hedge against financial crisis then this could be playing with fire a little. Think that there are many scenarios where having gold will not help because no one has any use for it, no one wants to exchange their bag of wheat for your ounce of gold because well you cant really eat it. Gold is a great store of value but it is not the only one. Food, basic clothes, seeds, - essentials that people always need are also great stores of value with a much wider market so if you are motivated towards buying gold because you envision financial catastrophe then it may pay to have a good think about other stores of value. The great thing is about having a large store of food and essentials is that regardless what happens YOU will always need then. So it is never money down the drain!!!!

Bartering with Gold Could Prove Very Expensive
If you are investing in gold because you envision you may be bartering with it some day - well think on. I'm sure someone will swap a loaf for an ounce of gold but that will be a mighty expensive loaf!!!! Look at having precious metals in smaller denominations - junk silver coins - old US coins that have silver in them are a great alternative. They are easy to buy from any coin store and are very low denomination (a silver dime has less than$2 worth of silver in it )

Here are some links to articles that may be of use

How to Buy Junk Silver Coins

This article is meant for informational and educational purposes only it does not constitute advice of any kind - financial or otherwise.


In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc

What is Junk Silver and How to Invest in Junk Silver

In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on

Why You Should Not Invest in Gold

www.in-gold-we-trust.info is an online gold and silver calculator as well as an information and resource site for people interested in finding out more about gold. silver and other precious metals. The Coin, Bullion and Scrap Gold Calculator gives up to the minute prices on scrap gold , junk silver, gold & silver coins

What is Scrap Gold and How to Buy Scrap Gold

Great video on scrap gold and how to buy scrap gold

Scrap Gold Video










In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on

Any PIIGS Bailout is Just a Bailout of the Banks in Disguise

Different news sources and bloggers are reporting how Germany is upset at the idea of bailing out the PIIGS countries, and somehow they are selflessly doing it for the sake of Europe. Any bailout is just a bailout of the banks once again. Yes these countries are heavily indebted but you have to ask who lent them the money - German, Swiss, Austrian, French and British Banks - not only that they then sold on much of this debt to insurance companies and pension funds. An additional twist is that many financial institutions are limited in what they can invest in - needs to be AA or higher so they then were sold so called insurance in the form of credit derivatives by these banks. The PIIGS go bust and this will cause a huge unravelling in the whole financial system - that is why there might be a bailout.

The problem is exacerbated by the fact that most Germans think Germany is about Manufacturing machine tools and cars - they do not realize how enmeshed the likes of Deutsche Bank and Allianz are in the whole financial mess - hundreds of billiions if not trillions - so yes they do think that they are bailing out their poor neighbors and do feel a bit miffed - will they ever be shown the truth and depth of the whole situation.


www.in-gold-we-trust.info is an online gold and silver calculator as well as an information and resource site for people interested in finding out more about gold. silver and other precious metals. The Coin, Bullion and Scrap Gold Calculator gives up to the minute prices on scrap gold , junk silver, gold & silver coins

Instructions on How to Calculate Scrap Gold Prices

In Gold We Trust Scrap Gold Calculator

Step By Step Guide to Buying Junk Silver Coins

Decide which Junk Silver Coins to buy.Morgan Silver Kennedy 1964 Half Dollars, Mercury or Roosevelt dimes might be the best place to start

Step 2

Calculate the current spot silver value of the junk silver coins you have chosen to buy. You can do this either by going to www.in-gold-we-trust.info and use their junk silver calculator which will work out the values for you or alternatively take the current silver price and multiply it by 0.36169 (for Kennedy Half Dollars) or by 0.07234 (for Mercury Dimes)

Lets say the Silver price is $16 and you want to buy some Kennedy Half Dollars so the spot silver value of each is $5.78. Any dealer will charge you a premium above the spot value of the coin and they will often quote the price in terms of "face" (i.e. face value) So for example our Kennedy Half Dollar that is worth &5.78 would be quoted at around 11.5 times face. The face value is 50 cents, the spot silver value is $5.78 s divide %5.78 by 0.5 which gives you roughly 11.5 times face.

What ever the face price is for Kennedys will also be the same for Mercury Dimes, Roosevelt Dimes and Barber Quarters. So a Mercury Dime at 11.5 times face will be worth $1.15 and so on.
#
Step 3

Once you know the value of the coins you want to buy then you can start shopping around. Some dealers will only sell Junk Silver Coins in $1000 bags face value - which may end up costing you $12-13000. If buying such a large amount the maximum premium you should look at paying is 10% and shop around for less!!!!

If you are on a smaller budget do not worry - many coin dealers will sell you individual coins - meaning you can start investing in silver for as little as $1.50!!!!. My experience has shown that your local coin shop will offer better prices than large internet retailers so its worth shopping around. Buying singles or smaller lots may push the premium you pay up to 20%

Another great place to buy junk silver coins is on Ebay. Many sellers will sell in smaller quantities and offer free shipping. One trick I picked up was to calculate the spot value of the lot they were selling and put in a bid just s tiny but above that spot value and to do this for many different lots. Often I would win at least a couple of bids the bid because not so many people were bidding on that lot.

In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on

How to Buy Silver

Good information on the different ways you can invest in or buy silver.
How to Buy Silver





The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins

How to Buy Gold

Check this out for info on how to buy gold





The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins

How to Calculate Silver Dollar Values and Other Junk Silver Coins

Junk silver coins are old US coins that contain silver. Up until 1965, US coins were minted with a 90% silver content. They are a great way to invest in silver but you should know a little about the different coins before buying them. This information below should help you also calculate Silver Dollar Coin Values and other Junk Silver Prices

Junk Silver Coin - Silver Content (ounces)
Dimes
Seated Liberty 1837-1852 0.07726
Seated Liberty 1853-1873 0.07205
Seated Liberty 1873-1891 0.07234
Barber Dime 1892-1916 0.07234
Mercury Dime 1916 to 1945 0.07234
Roosevelt Dime 1946-1964 0.07234

Quarters
Barber Quarters 1892-1916 0.18084
Standing Liberty Quarters 1916-1930 0.18084
Washington Quarters 1932-1964 0.18084

Half Dollars
Barber Half Dollar 1892-1915 0.36169
Walking Liberty Half 1916-1947 0.36169
Franklin Half Dollar 1948-1963 0.36169
Kennedy Half Dollar 1964 0.36169
Kennedy Half Dollar 1965-1969 0.14789

Silver Dollars
Trade Dollar 1873-1885 0.78761
Morgan Dollar 1878-1921 0.77343
Peace Dollar 1921-1935 0.77343

To calculate the value of each coin get the current silver price from the website linked below and then multiply that by the silver content in each coin. So for example if the Silver Price is $16 then the value of a Morgan Silver Dollar is 16x0.77343=$12.37.

Remember that when you go and buy these coins the dealer may quote the price in terms of "face" (i.e. face values) in the above example he might quote you 12.3 times face. It is always handy to know the spot price of any coin before buying it so you know how much premium you are paying. For these kind of coins in small amounts it is not unreasonable to pay up to 20% and this premium will get less the more you buy.


The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins

The Gold to Silver Ratio

The Gold to Silver Ratio is the number of silver ounces that you can buy with one ounce of gold. Today's gold price $1106 and the silver price is $15.89. 1106/15.89 giving a gold to silver ratio of 69.60.

Why is this Important?

The gold to silver ratio has only ever been as high as 80 and as low as 17. If you believe that the price of gold and precious metals is on the up then the potential for silver to rise at a greater rate than gold is very high as the potential for the gold to silver ratio is more likely to go down than up considering how far it is from its historical low.

Also consider that as more people move into precious metals and the gold price goes up then it becomes less and less accessible to the general public as it becomes more expensive - leaving silver as the next best option. Thus fueling a slide down in the gold to silver ratio.



In Gold We Trust is an online coin bullion and scrap gold calculator that offers up to the minute valuations on all your gold coins, junk silver coins , scrap gold and so on

How and Where Can I Sell My Gold Jewelry

Over the last few year we have seen a meteoric rise in the price of gold and equally a rise in the number of people looking to take advantage of this by cashing in their old jewelry. Daytime TV seems jam packed with infomercials encouraging us to part with our rings and necklaces or you may have received invitations from friends to come to their gold party where your jewelry is valued on the spot and you are offered a price there and then. But are these parties or mail in cash for gold companies the best and only real way you can sell your jewelry. This article seeks to outline some options you have in selling your jewelry and what information you might need.

Whichever way you decide to sell your gold jewelry it is important for you to know what the value of your gold is. The first thing you will probably realize is that when you originally bought your gold ring or necklace it had a huge mark up. For example a ring that may cost over $1000 retail may typically only have around $100 of gold in it. If you mail your gold in to a cash for gold company or sell it at a gold party, the purchaser is only interested in the gold content of your jewelry and is not going to turn around and sell it as a ring or necklace. Your gold is therefore referred to as scrap gold.Typically operators will get a bulk lot of scrap gold together and ship it off to a gold refiner where it will be melted back down to pure gold - so you really need to establish first of all what is the gold value of your items. If you know the karat value of your gold jewelry and its weight then you can easily find out the current value by going to sites such as the one in my signature which will easily calculate the value of your scrap

Once you know the scrap gold value of your items it will be easier for you to get the best price for your gold. It is highly unlikely that mail in cash for gold companies or gold party companies are going to give you the best deal for your scrap gold. I mentioned earlier that they will ship off the scrap gold t the refiner who will melt it down to pure gold. The refiner takes a 5-10% cut for his efforts then the company need to cover its over heads and make a profit leaving a lot less to be paid to you for your gold jewelry. Luckily these are not your only options.

The best option would be to try to sell it as second hand jewelry rather than as scrap gold. eBay is a great place for this and selling can be fun!!! Taking the time to open an account and taking a picture of your gold ring may mean the difference between you getting $80 as scrap gold or getting $300 by selling it as second hand.

If you don't have any luck selling it as second hand jewelry don't worry - there are many ways for you to sell it yourself as scrap gold - remember for every person looking to sell their gold jewelry there are many people looking to invest in gold and buying scrap gold can be an attractive way for them to do that.

- eBay is once again a great way to do this - you just need to advertise it as scrap and know the karat value and weight. You are more than likely going to get the spot gold value or higher for it.
- You could also advertise it on craigslist - there are many individual private buyers of scrap gold who frequently scour craigslist for good deals. Because you do not have to pay any fees you could offer 95% of spot value and still be doing much better than other avenues.
- Your local coin dealer or second hand jeweler will also probably but it from you. Yes they will also send it off to the refiner but they are in a better position to give you a better price as their overheads are lower (they probably have not had to pay some B Movie Star or Soap Actor to appear on an infomercial!!!)

The In Gold We Trust Coin Coin, Bullion and Scrap Gold Calculator is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will calculate the price of all your gold coins, silver coins, bullion and scrap gold.

Eric King Interview with James Dines

In Gold We Trust is an online gold and silver calculator that gives up to the minute valuations of all scrap gold, junk silver coins, gold coins values etc

What is the Value of Silver Dollars and Other Junk Silver

As an avid collector of silver coins I find lots of friends offering me their old collections of silver dollars, kennedy half dollars roosevelt dimes and so on. While these are great coins to have (and a highly recommended hedge against financial crisis). It is pretty hard to work out the value of individual coins as they all have such weird amounts of silver in them. Amongst the many scrap gold calculators out there I found www.in-gold-we-trust.info to be the best. It calculates the current price of my coins and has the silver content and current silver price programmed into it . I was also able to log on and create a portfolio of all my coins. There are many out there to choose from.