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Thrifty Gift Shopping

The Holidays are just around the corner and gift-giving can get expensive. Doesn’t it seem like you just barely paid off all your children’s gifts from last year’s holidays and birthdays? If you can relate to that it might be advantageous to keep the presents on the cheaper side this year.

This may sound difficult but while your children are young, this can be much easier than you expect. At this age, children still are not aware of what is expensive and what is cheap. In fact, all they care about is what it looks like on the outside. To them, the important things are the size and the quantity. You can make this holiday season the happiest of all with just a few larger boxes and packing peanuts.

Stick to the Essentials

Make sure to pay attention to exactly what it is that your kids want leading up to the holidays. Don’t buy anything for them while you are with them as it will either ruin the surprise or it just won’t count as a present in their eyes. If the gifts they want are stuffed animals, clothes, shoes, or jewelry, it is likely that these things are within your budget. The pricier items are the ones found in the toy store, so avoid it at all costs.

It’s all About the Packaging

As we all know, the anticipation can be just as exciting, if not more so, than the reveal. Be sure to wrap your gifts decoratively with large boxes, large ribbons, and filled to the brim with packing peanuts. Do not forget to save some gifts as a surprise from Santa.

Your gifts do not necessarily have to be handmade in order to save money, but it is an option that is slightly more personable. Printed pictures placed in photo albums or frames takes little time, effort, or money, while still being a very personable gift.

Handmade Gifts For the Season

As the holidays tend to land right in the middle of winter, favorite handmade gifts are scarves, which are easy to make and fun to style with different outfits. You can even make matching ones for everyone in the family for the annual holiday card.

Go to surplus stores that offer deals when products are bought in mass. Look for things like nail polish or lip gloss that can be bought in different colors or flavors. Children will be impressed by large quantities, not necessarily quality. Socks can even be fun if decorated and turned into puppets that each represents someone else in the family. Turn it into a game and make the family guess which sock puppet represents who.

Don’t forget the power of food. Make sure you have prepared a holiday appropriate meals for all three meals, with snacks if necessary. We know how important it is to keep everyone happy during the holidays, and your own happiness is just as important. At Check City, we offer services that allow you to trade in your gold or silver jewelry for cash. Make use of your old antiques to use that cash for presents for your loved ones.

How to Sell Gold

sell-gold
 
There are some things when decluttering your life that you want to get rid of but don’t necessarily want to just throw away. Precious metals and jewelry may be one of those things. But you don’t want to sell your gold without doing your research first. By remembering these key points you’ll know exactly how to sell your gold.

When you know that you want to sell your old gold for cash, it is important that you know the best way to sell it. Selling gold for cash may require a little more thought than you would think. Doing a little research ahead of time and making sure that you know how to sell your gold properly will ensure that you get the best price for your gold.

What Can You Sell?

Gold buying is the process of selling your gold and other precious metals of value for cash. Some people use gold buying services like Check City because they have some old jewelry they would like to get rid of in exchange for cash. But it isn’t just gold that you can sell at places like Check City. There are an array of precious metals that you can sell to us for cash.

  • Necklaces
  • Bracelets
  • Rings
  • Dental gold
  • Pendants
  • Coins
  • Chains
  • Earrings
  • Jewelry
  • Watches
  • Silver
  • Platinum

gold-examples

What Determines the Value of Gold?

Check City, and many places where you can sell gold, uses the daily New York Mercantile Exchange (NYMEX) market value to determine the value of the gold you want to sell on the day you want to sell it. The NYMEX is part of the Chicago Mercantile Exchange & Chicago Board of Trade Group (CME Group). On their website you can see for yourself their projections of gold prices for this year.

However, the best way to determine the exact value of your gold is to bring it into a Check City Store near you to have it evaluated that same day by an expert. The person evaluating your gold’s value will look at the NYMEX gold prices that day, and then weigh your gold on a jeweler’s scale.

How is Gold Weighed?

A jewelers scale is a sensitive scale that can weigh in grams and karats. It is also a highly accurate kind of scale in order to get the most accurate price evaluation for your gold and other precious metals. This scale will measure the gold in a Troy ounce. This means that there will be 31.1 grams for every 1 Troy ounce. When you are working with the company or individual that is buying your gold, it is important that you know how much your gold weighs and how much you are getting paid per unit. Some people may try to measure your gold in one unit and then pay you based off of another. Pay attention while your gold is being measured to ensure that you are getting paid what you should be getting paid.

Make sure that the person buying your gold is measuring for the karat fineness of the alloy. A karat equals 1/24 of pure gold by weight. Measuring the karats of your gold before you try to sell may be beneficial. You want to make sure you are getting accurate karat count and getting paid accordingly. Some jewelers may not pay what they should and understanding the karat count ahead of time will ensure you can recognize this and go elsewhere to sell your gold.

If you are trying to sell more than one type of gold, it is important that you do not let two different karat weights get weighed together. You will want each type of metal weighed on its own to ensure you are getting a higher price for the higher number of karats. Be aware of which pieces have the heavier karat weight as you are going to sell them.

Market Value of Gold

The price of gold is constantly changing, so make sure you know how to get ahold of the current price of gold. Talk with a jeweler to ensure you have the accurate price for your gold, or keep up with the gold price projections from the New York Mercantile Exchange. When you know the accurate price of gold before heading in to sell, you can be sure you don’t end up selling the gold for less than it is worth. If someone quotes you for a price that is less than what you’ve heard, don’t be afraid to speak up and talk to them about prices.
 

Selling Your Gold

Make sure you sell your gold to a person or company that is reputable. You want to be working with a business that is registered with the Better Business Bureau to ensure that any complaints against the company have been resolved properly. Reading through reports on the Better Business Bureau website is a great way to understand the caliber of the company that you are choosing to work with.

Read the Fine Print

Whenever you decide to sell gold it is important that you understand the fine print of any contract that you sign. You should take the time to read through all of the fine print before you sign anything or before you decide to mail your gold in. If you are selling your gold by mailing it in, it is important that you get the package that you are sending insured.

Shop Around for Gold Buyers

Don’t be afraid to shop around. Look to sell your gold to a few different vendors or even a few different individuals. When you can talk with a few different people that are buying gold, you will be able to get a feel for who you really want to be selling your gold to. Don’t be afraid to walk away from the first few people even if you think you will end up walking back into their place of business. Get a feel for a few different buyers and then make your pick.

What You’ll Need to Bring

You have to make sure you bring your I.D. with you when you purchase gold. Every vendor is required to ask for your I.D. before purchasing gold from you. Bring your I.D. the first time around so you don’t have to run home to get your I.D. in order to make the sale official.
 
When it comes time to sell your gold we hope that you decide to visit your closest Check City Location. If you have any questions about selling your gold for cash feel free to leave them in the comments section below.


READ MORE
See a timeline of the US mint.
 
See this comprehensive chart for a thorough history of the price of gold.

An Update on the Current Price of Gold

Last week the gold market took a pretty big hit as gold dropped to below $1400. In our post last week we addressed the media’s role in the price of gold and what you should look for in the gold market in the coming months. The gold market has started to see a comeback this week. With the recent economic uncertainty in Europe, many people are turning to gold as an investment that they believe is going to be safe for many years to come. As people turn to investing in gold, it leaves a great opportunity for gold sellers to make money on the gold that they are selling. When you know that you want to start selling some of your scrap gold, there are some great ways that you can ensure you are getting the best bang for your buck.

First, you should make sure that you are keeping your eye on the market. You want to understand what gold is going for and what type of deal you are getting. Take time to do some research before you head out to sell your gold. It is important that you are not selling your gold to the first bidder, but rather taking your time finding the best location to sell your gold.

How Much is Your Gold Worth?

If you have sold your gold before and you trust a specific gold buyer, it is still important to know what you are talking about and what your gold is worth before you head out to sell. This means you may want to get it appraised. There are some stores that will give you a free appraisal before they sell you the gold. If you can get a free appraisal before you sell, you will be able to compare what you think the gold is worth and what a few different appraisers tell you.

Before you head out to sell your gold, you should be sure that you have the proper paperwork. Many people do not realize that they have to have their government ID with them when they are selling gold. You will want to call the buyer that you are planning to sell to so you can be sure that you have everything that you need before you leave your house.

Get Rid of the Clutter

Selling gold can be a great way to get rid of extra clutter throughout your home and make a profit on it. There are a lot of people that do not realize that the old jewelry and the coins in their home are actually going to be worth something once they are melted down. Going through your jewelry and making sure that you throw away anything that you are not wearing consistently can be a great way to make money.

There are even some people that will take their old jewelry in to sell and then purchase new jewelry with the money that they received from selling their jewelry. If you are eyeing a new piece of jewelry, you may be able to pay for it simply by selling the old jewelry that is collecting dust in the bottom of your jewelry box.

In recent years there have even been some people that have taken a more non-traditional route with the way that they fund the purchase of wedding rings. If you and your fiancée are looking for a way to make your wedding jewelry more affordable, you may want to talk to friends and family about donating the old jewelry that they have laying around the house.

With the contribution of old jewelry, you may be able to have the jewelry of your family and close friends melted down for your rings. You can either use the metal to have a jeweler cast your rings or you can use the money that comes from the metal to purchase your new rings.

Some people have taken the time to start investing their money in gold. If you are interested in investing your money in gold, you should know how you are going to keep your gold safe. Purchasing a safe and keeping the gold locked away is often the best way to ensure that you are going to be able to protect your gold. As you continue to look for quality gold to purchase, you will want to keep your eye on the price of gold that is being sold. You may be able to find that you can make a great profit on the gold that you are purchasing if you sell at the right time.

To find out how much your scrap gold is worth, stop by your nearest Check City Location today!

Whats Happening to The Price of Gold?

If you’ve been watching the price of gold over the past couple of years you know that it’s been a wild ride. Since October though gold has appeared to be in a free fall and the fall continued this week on Monday when the SPDR Gold exchange fell by more than 8% in the morning trading session. The recent market activity has left people with many questions regarding the price of gold, if it’s going to continue to drop and what they should do with their personal investments.

Who Should You Believe?

At times like this it’s important to remember to keep your head on straight. People are so easily fueled by what the media is telling them that they get caught up in a frenzy and do whatever the media tells them to but as you can see in the two article headlines below from CBS Money Watch, news agencies like to take things to an extreme. Just a couple of years ago CBS Money Watch was reporting that gold would hit $3,500 and now they are reporting that “Gold Prices in Freefall.” As you can see, the news is only in the business of drawing attention to itself, getting more traffic to their websites, selling more papers etc.. so that in the end, they can make more money off of advertising. So while Gold prices might be falling, it’s important to take a look at who your sources are.

How Does the Price of Gold Affect You Personally?

If you haven’t invested in gold and don’t have a lot of scrap gold sitting around then the price of gold won’t affect you a whole lot. It’s important to point out that the price of gold has hundreds of variables and all of those added up can affect the price of gold on any given day, in fact some experts are tying the latest drop in price to the status of the Chinese factory economy. When there are so many different variables that play a role in the world markets like gold it really makes it not worth tracking unless you are looking to invest large sums of money into Gold. With those things said, most experts are guessing that the price of gold will continue to drop, whether or not that’s what should happen doesn’t necessarily matter as much as the fact that as long as the media and “experts” are saying people should sell, they’re going to sell.

As for Check City, we’re still here to help. If you find yourself in a situation where you could use some extra money within the next couple weeks we do recommend coming in to your local Check City as soon as possible because if the experts are correct the price of gold will continue to drop over the next couple weeks and that means you’ll get paid less for your scrap gold in two weeks than you would today. However, if you don’t need the money right away and want to wait and see what the market does before selling your scrap gold then that works as well. Just remember when it comes time to sell that broken necklace, broken tennis bracelet or wedding ring from a previous marriage, Check City is here for you.

Need Cash? Just Sell Your Scrap Gold

Do you need some extra cash? Do you have a lot of extra jewelry lying around? Well, there is good news for you. There is a possibility that you could bring that jewelry in to a nearby Check City location and receive cash for it. Yes, you read that right. Cash.

The scrap gold you bring in to Check City can come in many different forms. You can bring in earrings, necklaces, or pendants. You can also bring in rings, dental gold, coins, chains, bracelets, watches, and any other kind of jewelry. The possibilities are truly endless with gold buying. If it has gold in it, we’ll buy it from you.

Chances are that you probably don’t even really want these items anymore. If you have a gold necklace that is just sitting in the bottom of a drawer, why not sell it? If you come into our shop, we can give you an instant appraisal for how much your gold is worth, and you can leave our shop with cash in your hand. If you’ve got a question about whether or not your gold will be worth anything, come into our shop and we’ll be happy to help you out.

If you do know a little bit about your jewelry or other gold items, we can tell you that we accept 10K, 14K, 18K, 22K, or 24K gold. We also accept silver and platinum. When you bring your items into our shop, we will weigh them on a jeweler’s scale. This will help us determine how much your gold is worth. We will then give you the cash amount that your scrap gold is worth.

You may be wondering why you should try to sell your gold in a shop rather than selling it online. There are many reasons to sell your gold in a shop as opposed to online. One major reason why selling your gold in a shop is a safe option is because you can see your buyer face-to-face. In this modern Internet age of buying and selling online, it is extremely easy for people to scam you or cheat you out of your money. You would not want to get cheated out of your precious gold or any money you could receive from that gold. At Check City, we will not cheat you out of the money you deserve. You can look us square in the eye at one of our locations, and know you’re not getting ripped off.

Coming into our location to sell your gold also guarantees that you will get your cash immediately. If you try selling your gold online, you will probably have to wait at least 2 weeks to get your cash in the mail. 2 weeks can seem like a very, very long time when you need cash. Why not just come into a convenient Check City location and sell your gold? You can buy that new outfit you’ve been wanting, or even put more money into your savings account for the new car you need.

Many online buyers will not even look at your gold if it is damaged or tarnished in any form. This can give you the idea that your gold isn’t worth anything if it is damaged. You will be pleased to find out that your gold could still be worth something, even if it is damaged. The only way to find out is to come into one of convenient locations and talk to one of our specialists. Give your gold a chance; bring it in and we’ll see how we can help you.

Gold prices are at record highs, so it’s important to find your jewelry and start planning on selling it now.
Some people may think that holding on to their gold is the best option, because they think it could possibly increase in value over the years. Our economy is quite turbulent, however, so there is no way to guarantee that the price of gold will increase over the next couple of years. It is a good idea to sell your gold now, while you can be assured the prices are high.

If you’re wondering if you even live near a Check City location, chances are that you do. Go to our website, www.checkcity.com, to check out the many locations we currently have. Check City is currently location in Utah, Nevada, Colorado, and even Virginia. If you live in one of these places, come sell your gold to us. We promise you won’t regret it.

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