ANYONE SOLD GOLD/SILVER LATELY?

I've had good experiencing at Toledo Coin Exchange in Sylvania.

How does this process work, anyway? Do all buyers use the same rate? How can you know where to get the best price, and to get accurate values on your objects?

Thank in advance, all.

I'd recommend you continue to hold on to it. Precious metals are literally skyrocketing. Gold is currently at $1800/oz. A few years ago it was like $1000/oz. (Glenn Beck told everyone to buy it, and he was labled "insane" "crazy")

Anyway, not all of your gold jewelry will necessarily fetch 1800/oz. But it's still plenty valuable. Just don't go to the corner store with the huge "we buy gold" sign. Some reputable jewelers will buy, I believe. David Kay, in Temperance, might. Just call around.

Give Harold Jaffe Jewelers a ring.

http://www.haroldjaffe.com/

Glenn Beck wasn't labeled "insane" and "crazy" because he told everybody to buy gold - he was labeled "insane" and "crazy" because he is. It takes a certain kind of crazy to lose your job on FoxNews for being too out there...

But I do agree that it might makes sense to hold on to your gold if don't need money immediately because it does continue to climb. But if you're not wearing it and it's taking up room that you'd rather use for something else than it is a good time to sell, as it has increased recently.

Glenn Beck's link to gold is that he's a shyster that gets paid to promote it and attempts to do so in a way that can be deceiving to his listeners. He uses fear and paranoia to try to convince people that they should buy gold (and use Goldline, conveniently a company that pays him to promote it) - much like he uses fear and paranoia to try to prove any point he's trying to make.

Thanks, everyone. Marketing timing aside, can anyone tell me how this process works? If I get items valued, am I then obligated to sell? Should I shop them around to various dealers? Etc., etc.

You mean like fear and paranoia of rising inflation, devaluation of the dollar, and the endless printing of money? sigh Heaven forbid any companies partner up and cross promote anything or even have advertisers, that NEVER happens.

Alot of places have popped up in recent years in regards to buying gold, silver, platinum, ect. Toledo Coin Exchange has been buying since 1980. Here is your starting point, TCE pays in the range of 84-90% of market for gold and silver scrap/jewelry. Just dial some other shops up and ask them what they are paying as well. Take a good inventory of what you have...10k is aprox 41.7% pure gold, 14k is aprox 58.5%...18k 75%, ect. If you have any silver marked as "sterling" or "925" Toledo Coin is or is close to paying more than anyone in the country for it.

Gold was a good investment, but what Beck/Goldline sells is a scam...

http://www.complaintsboard.com/complaints/goldline-international-c171810.html

Goldline/Beck sell numismatics coins which are typically higher value then the face value or metal value of the coin. Basically they are charging you 40% of the metal value of the coin.

If you want to invest in gold/silver you should be buying bullion.

Take it over to swampbubbles. Really the Glenn Beck is a nut job thing is old.

Somebody please explain to me why, if buying gold is better than money, do the people selling gold accept dollars for payment?

Anthony weiner? Isn't that the guy who exposed his genitals on some computer game?! Lol

If you take any investment advice from a radio show host that was moved to tv then good luck. Bottom line is that he would pimp drinking anti-freeze if he was paid enough for it. It's an endorsement deal.
I believe only Paul Harvey claimed to use every single item he endorsed. Today, most will "pimp" themselves out to the highest bidder.

I'm not one on buying /selling precious metals but I respect the Toledo Coin Exchange and have been buying coins from them for a while.

http://www.toledocoin.com/

Only an idiot would buy gold bullion, over coin gold.

Thanks to everyone who responded to me questions, esp. dino. Would still be happy to hear whatever else anyone knows.

(But please, can we take the talk-show-host and gold-standard-economy discussion to another thread?)

;)

Agreed that Clyde over at Toledo Coin Exchange is a stand-up guy and an honest businessman (assuming Clyde still owns the place; it has been a few years since I was in the coin business).

And agreed that non-specialists should stay the hell away from gold and silver coins as investments. You are paying as much for the rarity of and demand for a given coin as you are for the value of the precious metals. Also, bullion value can be easily checked via the wire, but there is great fluctuation in valuation of rare coins which - again - you need a specific collector who wants to purchase them before you can sell them at anything close to retail prices.

F & J Coins --- Tremainsville Road

http://members.ebay.com/ws/eBayISAPI.dll?ViewUserPage&userid=fandjcoins

luvtoledo...about three weeks ago I took around 6k worth of jewelry (retail price when purchased) to a local jeweler and was offered 200 bucks for it. Now I realize that they were buying it to scrap it out, but I chuckled, said 'no thanks', and walked out the door. I can only speak to that one experience trying to sell jewelry. I also did sell some silver coins I had to a place in Holland and got a fair price. I would not try to sell jewelry for gold value, but would rather put it on craigslist or some other auction type site and try to sell it that way...just my 2 cents. Good Luck.