Gold is a soft, yellow, corrosion-resistant element, the most malleable and
ductile metal, occurring in veins and alluvial deposits. Click on
link to view GLOSSARY illustrations.
2. What are Gold Hallmarks? …Gold Quality Marks?
Gold
Hallmarks are official marks stamped on gold, silver or platinum
objects which indicate the quality of the material used, their origin
and the manufacturer. Quality marks are a set of numbers, or
letters, or symbols stamped on precious metals to indicate the type and
fineness. For example, 18K or 750 means the item is 75%
Gold. Click on link to view GLOSSARY illustrations.
The most frequently uncountered Gold, Gold Filled, Platinum and Silver Hallmarks are:
1/20 12K
9K or 375
21K or 875
Platinum or 950
1/20 14K
10K or 417
22 K or 917
Pure Platinum or 995
1/10 10K
12K or 500
24 K or 999
EUROPEAN: 800
1K
14K or 585
22K COIN or 917
COIN: 900
1/12 14K
16K or 667
24K INGOT or 9999
STERLING or 925
3K or 125
18K or 750
Platinum or 850
8K or 333
20K or 833
Platinum or 900
3. What does the term “Karat Gold” mean?
The karat system is used to reveal the amount of pure gold found in an item.
24 karat (24K) gold is pure
gold.
18 karat
(18K) gold contains 18 parts gold and 6 parts another metal(s), making
it 75%
gold.
14 karat
(14K) gold contains 14 parts gold and 10 parts another metal(s), making
it 58.3%
gold.
10 karat
(10K) gold contains 10 parts gold and 14 parts another metal(s), making
it 41.7% gold.
10K gold is the minimum karat designation that can still be called gold in the US.
4. What is “Plumb Gold”?
Plumb
Gold refers to gold that has the same purity as the mark stamped on it,
but Gold Solders do not have to comply with plumb gold law. For
example, 14K solder might range from 12 to 14K (a variance of
17%). When 12K Solder is used on 14K plumb gold the fineness of
the soldered jewelry is diminished.
5. What is “Pure Gold”? …Fine Gold?
Pure Gold or Fine Gold... as it is sometimes referred to... is solid 24K (24 karat) gold with a fineness of 999 containing no other elements.
6. What is White Gold?
Karat Gold comes in many colors. Although pure gold is yellow in color,
gold can be alloyed with other metals to impart other colors. In
general, range of colors can be created by alloying pure gold with
other elements in various proportions to obtain white, yellow, green,
red, blue, purple or even black gold. White gold, is produced by
alloying gold with nickel or a combination of silver and nickel.
7. What is “Placer Gold”? …Gold Nuggets?
Placer gold is gold that has been liberated by
weathering from the original lode (hard rock) deposits and concentrated
by water action. A gold nugget is a naturally occurring piece of
native gold. Watercourses often concentrate the nuggets and they are
recovered by placer mining.
8. What is “Fools Gold”?
Any of various yellow minerals, especially iron pyrite or chalcopyrite, that can be mistaken for gold.
9. What does “Gold Filled” mean?
Gold Filled Jewelry or other item with a sheet of gold applied to its
surface using heat and pressure. Newer items contain markings that
indicate how much and what type of gold was used in the layer. Example:
a marking of 1/20 12K G.F. means that the piece is at least 1/20th 12K
gold by weight. A metal item that has a very thin layer of
gold applied to it. The thin plated layer normally wears away
more quickly than gold in a gold filled item. Click on link to
view GLOSSARY for illustrations.
10. What is considered “Costume Jewelry”?
Basically,
costume jewelry refers to jewelry made from inexpensive metals
processed to look like gold or silver and often embellished with
imitation or semiprecious stones. Instead of Karat Gold
Hallmarks, an item may be marked: G. P. which stands for Gold Plate;
R.G.P. stands for Rolled Gold Plate; GEP means Gold Electroplated: an
object is dipped in a gold plating solution, an electric current is
applied to coat the object with a thin layer of gold. The
deposition depends upon the amount and duration of the current and the
concentration of the plating solution. To be stamped GEP the
layer must be 7/1,000,000 of an inch thick.
If it is
less, the item is referred to as gold flashed or gold washed.
Gold overlay is the same as gold filled except thinner –1/40th the
weight of the object. H.G.E. stands for Heavy Gold
Electroplate. Vermeil refers to Sterling silver with at least
120/millionth of an inch of fine gold. The value, however, is in
the silver, not the gold veneer. If the article is not
Hallmarked, or properly quality marked and only carries the
manufacturer name, e.g., AVON, MONET,.. it is not solid gold, platinum
or silver. All that glitters is not gold.
PLEASE DO NOT KNOWINGLY SEND US ITEMS THAT ARE COSTUME JEWELRY: GOLD FLASHED, GOLD PLATE (gp), Rolled Gold Plating (RGP), HEAVY GOLD PLATE, Heavy Gold Electoplated (HGE)
G.P, R.G.P, HEAVY ROLLED GOLD PLATE, GOLD ELECTROPLATED, GEP, H.G.E.,
10K G.P., 14K G.P. ,18K G.P., 10K R.G.P.. 14K R.G.P., 18K R.G.P. HEAVY
GOLD ELECTROPLATE, 10K H.G.E. , 14K H.G.E., 18K H.G.E. GOLD
OVERLAY, GOLD WASHED, POLISHED OR PLATED BRASS, ETC. WE DO
NOT BUY COSTUME JEWELRY.
11. What types of gold does Silver Gold Buyers buy?
We buy all forms of Karat Gold: Jewelry, Gold Coins, Gold Ingots,
Platinum, Placer Gold, Gold Nuggets, Gold Dental Crowns, Gold Dental Bridges and high grade
scrap: Gold Filled, gold solder, filings, sweeps, castings,
grains, lab ware, wire, etc.
12. What is my gold worth?
Silver Gold Buyerson line Gold Buy Price Estimator will enable you to preview an approximate price we will pay based on current market conditions and the quantity and quality of your gold.
13. Do you pay premium prices for quality jewelery? ...Estate Jewelry? ...Watches? ...Stones?
Yes! Customers should contact Silver Gold Buyers'
Purchasing Dept., describe their items in detail, e.g., Type, Style,
Manufacturer, weight
and condition, etc. or send a valid "estate appraisal" that reflects
the current wholesale or street value and confirm our purchasing
interest. You may also simply submit quality items for a
fair
premium consideration. We never say NO to fair and reasonable
offers. And in the event our fair and reasonable offer
is unsatisfactory, we will return your precious metal items at our
expense.
14. Identify Jewelery Items (click on link to expand)
Anklets
Chains
Earings
Lapel Pins
Pill Ring
Bangles
Championship Ring
Enamels
Lockets
Pinky Ring
Bars
Charms
Engagement Ring
LoveTokens
Pins
Beads
Cigarette Cases
Engineer's Ring
Masonic Ring
Pocket Watches
Belly Chain
Claddagh Ring
Estate Jewelry
Medallions
Posie Ring
Belt Buckles
Cloisone
Eternity Ring
Mexican Jewelry
Service Pins
Bezels
Cocktail Ring
Filings
Money Clips
Signet Ring
Birthstone Ring
Coin Jewelry
Findings
Mother's Ring
TieTacks
Bracelets
College Rings
Fraternity Ring
Necklaces
Vintage Jewlery
Brooches
CuffLinks
Grains
Old Watch Cases
Watch Fobs
Cameos
Cuffs
High School Ring
Pendants
Watches
Castings
Dinner Ring
Key Chains
Pens
Wedding Ring
15. Premium Watches.
Accutron
Bulova Accutron
Gruen
Lecoultre
Tiffany & Co.
Ball
Bunn
Hamilton
Longines
Tudor
Baume & Mercier
Cartier
Heudr
Moon Phase
Ulysse Nardin
Boucheron
Constantin
Howard
Movado
Universal Geneve
Bovet
Dudley
Illinois
Omega
Vacheron Constantin
Breitling
Geneve
Jules Jurgenson
Patek Philippe
Waltham
Rolex
Zenith
16. Purchase policy with stones
For
stones... the answer may be a yes or may be a no. Yes depends on
the type size, and quality of the item. Better than 90% of stones
sold in jewelry are diamonds. The remaining 10% of the market
covers the entire spectrum color stones.
Please
keep in mind diamonds are extremely difficult to sell in a secondary
market, and stone of color even more so. Especially in this tight
spending economy. Small stones (less than .25 carats) usually cost us
more to salvage -- in time, labor and overhead cost -- i.e.,
remove, examine, classify, weigh, size, carry in inventory, and then
hope someday to reset or resell them -- than they are worth. That is why there is such a high mark up in jewelry. Our
time more productively spent buying salable merchandise, then
fiddling around with "idle" or "dead" stock.
We
are currently not interested in buying loose small stones. We will, however,
accept gold items with larger stones, determine what, if any, salvage
interest they may have to us... In most cases, however, for
example old class rings with synthetics, there is a proportional deduction in weight
that may range from one half to two grams depending on the size and
weight of the stone and whether or not the stone has been set with
filler material (such as cement, glue, plastic...) which oftentimes is
used to inflate the size of the ring and/or securely set the
stone.
There
can be a lot of issues with stones... Gypsy settings, for example, or large prongs
may hide girdle damage or inclusions along the perimeter of the
setting. Old miner cuts may need to be recut to be salable.
A stone may be a synthetic... or hybryd (two stones glued together)... or the inclusions may have
been vaporized via lazer. Before we buy such problematic items, we will
contact you, either by phone or by email, and if we are interested relate an as is price offer subject to your approval.
17. Why is NOW! a good time to sell my Gold?
Currently Silver Prices are very high. Back in 2000 Gold was trading as
low as $270 per ounce and Silver was trading below $4 per ounce.
Prices have almost quintupled in a decade.
Newton
famous line: "What
goes up will come down." High "speculative prices" do not last as
long
as lower "stable prices". Take the money and run. Why not
cash in a at a terrific price while the market is hot?
Think about all the things you buy at a bargain these days.
Sooner or
later hot markets fizzle out... bubbles burst. Who
knows where prices will land
and how far down prices will fall when speculative demand
tanks?
Proverbially, the bird in hand is worth two in the bush...
18. How do I go about selling my Gold?
1.
Identify, examine and evaluate your salable precious metal jewelry
(gold, platinum, or silver) jewelry, or other gold items.
How? Review the Gold FAQs to determine what is solid gold and of commercial interest, and what is not, namely, Costume Jewelry. Explore the Silver Gold Buyers' Website: How We Work, Glossary, Gallery of What We Buy, check out our displayed Buy Prices, use the Buy Price Estimator to preview approximately what we will pay for silver and gold items and click on the Contact Us
link to confirm our purchasing interest with other items not
specifically price listed or to address any questions not covered in
the FAQ's.
2. Read and accept Silver Gold Buyers'Terms and Conditions. These simply spell out
the mutually fair and reasonable rules we will follow in the
course of transacting business. Afterward, you may request
an SGB Shipping Kit sent to your mailing address. If you wish to
avoid
postal delay -- set matters in motion immediately and print out
your Silver Gold Buyers' Shipping Kit on line.
3.
Pack your shipment... place items in suitable containers.
Use either
plastic a “Zip-Lock” bag, or aluminum foil or plastic wrap to secure
small items (coins, rings, necklaces, etc.) and place them in a padded
envelope or shipping Pak to prevent loss or damage. For larger
items -- especially items submitted for premium consideration -- such
as Tea Sets, Bowls, Goblets, etc. use appropriate sized Medium or Large
Boxes
with adequate packing peanuts or bubble wrap to prevent damage in
transit.
You may link to the carrier
of your choice (FedEx, U.S. Postal Service, United Parcel). The links are posted on the Silver Gold Buyers' Website for your convenience, and will help you locate FREE
shipping supplies, instructions on how to properly pack, ship and
obtain other services to suit your shipping needs. Insure adequately,
we can only cover the first $500 of a package on a prepaid and insured Shipping Label. More is the senders
responsibility.
4.
Select the shipping option that best suits your needs. obtain a
FREE preaddressed shipping label on line and send your package to:
Silver Gold Buyers
P.O. Box 14577
410 Superior Ave.
Cleveland Ohio 44114
Friendly Reminder: Be sure to include the filled and
signed out SGB Packing Slip Form with your shipment, that provides
brief description of your shipment, your payment preference (check or
bank wire on the signed form) and check to make sure the return mailing
address is correct. If it is not or has changed, please correct it.
*Return Policy with Plated or Problematic Goods. Click to Expand
5. Get Paid.
You
may track you insured package throughout the deliver process.
Ship with confidence… all packages are processed the day they
arrive. Payment authorized within 24 hrs.
19. Why should I do business with Silver Gold Buyers?
Silver Gold Buyers mission is to provide
courteous, prompt, and professional service and guarantee your
satisfaction. We have testimonials to the fact. We are licensed to
conduct business… done business for many years... our scales are
certified by the State. You'll be fairly paid according to the
quantity and quality of your merchandise at current market prices.
We
help you "clean up" around the house and raise more cash by showing you
how to identify and intelligently sell unwanted items of value, which
may just be lying around, collecting dust. We explain in great detail
what constitutes “pay dirt” and what is mere “glitter”and how to sell
your goods.
We are -- completely transparent -- above board
in our dealings. We are neither ashamed nor afraid to publish our
prices. We empower you to be the judge and employ our service. How?
...By enabling you to preview in advance an approximate estimate
settlement that you will receive based on the quantity and the quality
of your goods at current market conditions.
Afterward, you
are at liberty to shop around and compare our buy prices against those
of itinerant gold buyers, local pawnbrokers, jewelers, antique dealers,
coin dealers, friends, etc. and reach an objective, factually informed
decision that is to your satisfaction and financial self-interest.
We
are very energetic and competitive – and go to great length to research
the marketplace, check out the competition -- determine what
constitutes a fair and reasonable price -- and what is not. Our mission
is to provide our customer with genuine, not phony services;
How?
…By working harder. We want it -- your business – scraps and all! …
Not just the light “cherry-picking mail-me-the-golden-goodies envelope”
stuff, but the send us the mule pack – the “whole kit and caboodle” --
boxes of miscellany -- most of the fat gold buyers shun. Why? We
believe work is “good”, keeps one healthy and true satisfaction is
something one should cheerfully take to the bank. Recycling all items
no longer in use, or needed or wanted eliminates waste, saves energy
and stimulates business activity. More service generates what
customers appreciate most: namely, more money to buy what they need.
In
the event, weighing, examining, number crunching, appraising and
traipsing around town in and out of shops haggling like a fish monger
just is not your thing... Relax! We’ll do the work for you, spare you
shoe leather, gas and probably save you a whole lot of time and
needless aggravation by letting serious money just talk quietly and
simply send you the check for your approval.
Silver Gold Buyers' customers
are never pressured to sell. They choose to sell because the price is
right! If you submit your precious metal items for a fair offer and
are not satisfied with the price, we will promptly return the items at
our expense.
All the things you need to conduct a
safe, secure and satisfactory sale are at your fingertips... We are
not only out to make your selling experience interesting and
informative, but also a profitable and pleasant experience as well.
One you will be glad to repeat and share with family and friends.
Thank you for your interest, consideration and doing business!
Silver Gold Buyers
20. Do gold buyers buy silver?
Yes, Silver Gold Buyers buys both gold and silver. Check the silver prices we pay
21. What karat or gold content is in my High School Gold Class Ring?
Usually Gold class rings are 10K or 14K gold in either yellow or white gold. It should be marked inside of the ring, or a gold acid test would be used to determine its karats
22. What is made of platinum?
Platinum is used for many different things. There is Platinum Jewelry, Platinum Wire, Platinum crucibles , Platinum Lids, Platinum Coins, Platinum from medical devices(catheter tips), Platinum from catalytic convertors,