What’s the Difference Between Pawning and Selling Gold and Jewelry?

By Shane Maguire on January 27, 2021

Directly Above Shot Of Jewelry By Purse On Table

Because the price of gold is higher now than it has been in years, many people are looking for the best possible way to turn their gold and other precious metals into cash.

When it comes to making quick cash, many people turn to pawnshops as a means of turning their gold, jewelry, and other items into money. On the other hand, many prefer to sell their items outright to get the process over with quickly and to walk away with cash in their hand. But which is better – pawning or selling?

Jewelry has a high retail markup compared to an item’s actual market/secondary value. Here is a breakdown of the key differences between pawning and selling to help determine which can produce the best value for your gold, jewelry, and other precious metals.

How to Tell if Your Silverware is Real Sterling Silver

By Joe Beasy on January 12, 2021

Whether you’ve recently inherited some antique silverware or are looking to get rid of those pieces that have been collecting dust in your china cabinet for years, there’s a chance you may be able to fetch a fair amount for it. But how much your silverware is worth depends mostly on one thing: Is it sterling silver or silver-plated?

Here is a breakdown comparing sterling silverware to its most common silver substitutes, as well as a few tips on how to tell if your silverware is real sterling silver or not.

A breakdown of the different types of gold

By Joe Beasy on December 3, 2020

Throughout human history, gold has been one of the most coveted and highly valued materials in the world. Even dating back to ancient times, it has held a significance of status and beauty that set it apart from all other precious metals.

Today, gold is still highly sought after and revered, and has evolved to take on many different forms and variations. Here is a look at the different uses of gold based on color, plating, and karat.

Gold vs. Silver

By Joe Beasy on October 29, 2020

For centuries, gold and silver have been two of the most popular precious metals in the world, providing meaningful value on every level from family heirlooms to global economies. However, both of these metals have significant differences and similarities that come into play when deciding to invest.

Here is a closer look at some of the key components of gold and silver to help inform your investing, buying, and selling processes.

Gold Hits a Record High in 2020!

By Joe Beasy on October 22, 2020

If you’ve been paying attention to the prices of gold and silver, you’ll already know that in early August, 2020, the price of gold surpassed $2,000 an ounce for the first time in history. The previous record high was in 2011 when gold hit $1,921 an ounce. There are many different factors that affect the price of precious metals, and here are just a few…