At a time when gold has become so valuable in today’s prices, there are an incredible number of New Zealanders and people around the world considering the idea of letting go of their gold, and for good reason. With the price point as high as it is, 2021 and forward continues to be a good time to liquidate gold for ready cash. All the dynamics are in place: the demand for gold remains high and is increasing, the production of new gold is at an all-time low on the industrial side, and gold speculation and investing continues to increase the price overall. The current combination of factors has produced a price point in gold that is both historical as well as extremely lucrative for anyone who has held gold for a number of years.
What Can Sell?
Essentially, anything that is made of solid gold is viable for selling as recycled gold back to a gold buyer. “It’s simple – gather up any old gold jewellery you may have (including any broken gold, mismatched pieces, broken gold chains, single earrings, etc) and bring them to Goldsmart. A Goldsmart expert will weigh and test each item and calculate a price for you on the spot for your old scrap gold.” – says Anita from Gold Smart.
As stated in the quote above, the opportunity to sell gold is available and present, and it does not matter whether a jewellery item is broken, a coin is scratched or the gold is in the form of a raw nugget. If it is pure gold, it can be sold and translated into regular New Zealand dollars for the personal seller involved. That said, the process is as simple as just show up, punch a ticket, and walk out the door with a wad of cash. Selling personal gold involves a bit of a process, and every personal seller should be prepared and have done his or her homework to understand what is involved.
Too often people went to the nearest source available and found that selling gold in these avenues was less than desirable. Many customer stories exist about how folks have walked away from the most immediate and present form of gold buying in small corner store shops, describing how dirty and untrustworthy “pawnshops” and “secondhand dealers” seem to be (not to mention many have been treated rudely even by “reputable” retail jewellers and jewellery shops). What becomes clear is that the majority of these outfits are out to get second-hand gold as cheaply as possible, almost always at the expense of the consumer. Interestingly, this experience is not limited to New Zealand by any means. Folks in Europe and the U.S. face similar challenges when trying to sell their personal gold, oftentimes running into the same risks and the same rude behavior from their respective resources as well. So, what is it about selling gold that creates this problem?
The reason is probably worthy of a good anthropology study or similar in social psychology. Fundamentally, selling one’s jewellery still tends to have a social stigma to it in many cultures. Ironically, jewellery and gold have also been socially recommended for holding personal wealth and value to utilize during challenging times. So, society has a bit of a contradictory view towards gold and jewellery changing hands. However, the issue persists, and as tattoos, it has only been in recent years that society in New Zealand and elsewhere have become far more accepting of the idea that one’s personal jewellery is just as liquid as holding public company stocks for investment. As a result, the avenues for selling gold jewellery for decades have been limited, with many people resorting to pawn shops and similar because they don’t know where to go for a more reputable channel.
At a practical level, however, any type of real gold can be sold for cash. The key is not to act on impulse when deciding what pieces to sell. You don’t want to sell a precious family heirloom that other relatives may want to hold onto. However, you may have a number of gold pieces that are not in use. Examples of saleable gold include:
- Gold wedding rings no longer needed due to divorce or separation
- Class rings from school that haven’t been worn in a decade or longer
- Gold earrings and necklaces, including those that might be missing a pair or broken
- Bullion bars
- Gold rounds and government-issued coins
- Gold commemorative coins for special events, competitions, or medals
And, do not forget, gold does not have to be in a superior condition to sell it. Gold jewellery that has been broken, dented, or scratched can also be sold for scrap. It will still achieve the same price point and value as other gold of the same carat quality. Even gold tooth fillings can be melted down.
The Initial Gold Selling Process
The first step in selling gold starts with the personal seller, not a gold buyer business. As a personal seller, you are most familiar with what you have for sale. That means you have gone through the steps of looking around your home and belongings to identify what is likely to sell as second-hand gold for recycling and scrap. The terms might seem to infer your gold is junk, but that’s the farthest thing from the truth. In fact, most people have some kind of gold sitting around at home, even in a small amount, that could probably be sold for cash if brought in.
Once collected, your next step is to sort it as much as possible. Plastic sandwich bags or small plastic food containers are good for this. Allocate one container for each type of gold. Assume you will need at least five containers, and size them according to what your total inventory looks like. Obviously, if you only have one or two items, then this step isn’t necessary, but some folks have 10 or 15 items when they really go looking.
Next, examine each piece. It helps to have a magnifying glass available since the symbols can sometimes be very small. Look for markings, stamps, and hallmarks on your gold. This is most apparent in gold jewellery. If present, you will see writing or stamps that identify the carat of the gold (i.e. 10k, 12k, 18k). If you have these, sort them in similar piles so the jewellery items with the same carat symbols are all together. If you have jewellery without any markings but you know it’s gold, just put that in a miscellaneous pile. Some jewellery has number codes instead of carat symbols. Use the Internet to interpret these. For example, 999 is pure 24 carat gold, the highest quality. 750, on the other hand, would be 18 carat gold. Find a good reference charge online and then compare the numbers with the chart. Sort your gold accordingly. Where you have bullion bars or coins, many times these state the gold quality on them with stamps or lettering. If the coin does not, however, then look up the type of coin and its history. Most folks can find references on a gold coin in about 10 minutes with a regular online search. Again, sort your gold in piles for the relevant quality.
Weighing your gold in your relevant groups comes next. If you have a personal scale, this is helpful. It is not an exact science, but you will have an idea of how much gold you have in content when complete. Take a reading of your combined gold weight for each group with known quality. Remember, though, this weight reading is in standard measurement (English or metric), usually grams. You still need to convert it to a Troy ounce standard. The conversion rate is one troy ounce is equal to 31.1034768 grams. Calculate your weight to the conversion, and now you have the number of troy ounces to determine your rough gold worth.
When finished, write down your inventory as a checklist, and then package everything up. You now have a good reference for what your gold is worth on the open market in comparison to what a buyer offers. Remember, you won’t get the actual market price as businesses need a margin to operate with, but you should be within the ballpark. An offer that is outrageously less isn’t worth considering from anyone.
Now you are ready to contact a gold buyer.
The Buying Process
Every gold buyer worth their salt is operating as a for-profit business. There are plenty of private buyers, but if a personal seller wants to be working with a reputable channel, it should be with a licensed business. That said, even pawn shops and payday loan offices are technically licensed businesses, so one still has to be careful choosing the right buyer to work with.
Gold buyers typically take in customers one of three ways. First, they deal with a personal seller in person. The seller goes into the office or store, brings the gold, and physically presents it, and the gold buyer goes through each piece and evaluates it. Then an offer is made. The second method is through courier. The personal seller sends the gold to the gold buyer’s address, the gold buyer evaluates each piece on receipt, and then makes an offer in writing or by electronic communication. If agreed to, the gold buyer sends back a payment. If not, the buyer sends the gold back at the shipping expense of the seller. Finally, there is the proxy sale. This involves a third party representing the personal seller, which essentially works the same way as an in-person sale, just using a third party as a representative for the personal seller.
Once the sale is complete, the personal seller is paid in ready cash (NZD $s) and there is no further commitment.
Gold Selling Benefits
Getting cash quickly is one of the main reasons people decide to sell gold. Unlike other items you may want to sell, there are always gold buyers willing to pay a cash price for your gold pieces. The money you make can either go towards a large purchase such as a house or a car down payment or used to travel. Gold bullion and rounds are often given as gifts, so they are perfect to sell later on for a major expense like college tuition or a big travel adventure.
For those who have held onto gold for a long time or have inherited gold or been gifted it by someone who did the same, that precious metal could be worth quite a bit of cash. Remember, gold was worth only $180/ounce back in 1974. Its price today has considerably risen since then and historically continues to keep going up.
Selling old, unwanted gold for a current price point can be a great way to translate someone’s gift or inheritance distribution into a really useful, practical benefit for you today. That could be in the form of a home downpayment, a car downpayment, a home renovation, education costs or tuition payment, a new computer, or even a new home entertainment system. Since the gold sold becomes regular currency, what it’s used for really just depends on what you want to do with the investment gain paid out. You could even take the cash and invest some of it in cryptocurrency to ride the new digital investment wave occurring online.
However, to get to these benefits, a personal seller first needs to work with a reliable gold buyer. That is where Gold Smart comes in. As one of New Zealand’s most established and well-respected gold buyers available to consumers, Gold Smart provides folks the safest, most reliable channel for converting precious metals into cash. Because Gold Smart works as both a consumer buyer and a consolidator, the company has the ability to provide some of the most objective, fair pricing for second-hand gold available in New Zealand. And, unlike the problem found in pawn shops and similar, Gold Smart has no need or desire to play games with people. Instead, the Gold Smart buying team focuses on steady supply, protecting consumers and customers, and maintaining long-term relationships to ensure ongoing intake of personal gold. That policy has turned Gold Smart into one of the best in-person and courier-based gold buyers in the country.
If you think it is time to liquidate some of your personal gold for cash, pick up the phone or get online with Gold Smart to understand your options and possibilities. The Gold Smart team has no problem answering questions and will walk first-time personal sellers through every step of the process, including gold-selling education and valuable tips. There is never any pressure to sell as Gold Smart puts your customer relationship first, not last.
Just about everyone has old gold somewhere in the house. Take a look in your attic, basement, storage spaces, closets, dressers and beyond. You will likely find a gold item of some sort, whether it is gold jewellery, a gold coin, gold trinkets or gold of another type. Even if you simply have scrap gold, our gold buyers in New Zealand will offer you cash. Selling gold in New Zealand can lead to good money. You have everything to gain and nothing to lose by having your gold appraised today.
Selling Gold for Cash
Gold jewellery, gold coins, gold bars and gold of nearly every other variety is worth good money. If you are even slightly interested in selling gold in New Zealand, we have the cash you are looking for. There is no reason to keep that dusty old gold in your house or elsewhere when you can turn it into a pile of cash. After all, gold has little utility while you can do just about anything with a wallet full of cash.
Sell Gold and Enjoy Life
Think back to the last time you wore your old gold jewellery or stared fondly in appreciation of your gold coins, bars and trinkets. It has likely been a while since you truly enjoyed your gold investment. Do not let your gold collect dust in the basement any longer! Sell gold to our gold buyers in New Zealand and you will have enough cash to eat dinner at a fancy restaurant, go on holiday, buy chic new jewellery that is on-trend or stow the money away for a rainy day. Imagine how nice it will be to spend an afternoon or evening out on the town instead of staying indoors yet again. You are better off spending money and enjoying life than remaining inside with shiny gold that provides just about no utility. It is time to sell gold, spend your money and live life as it was meant to be lived.
We buy Gold of all Types
Gold jewellery is certainly valuable yet gold of nearly every variety will fetch a decent price. We are interested in gold of just about every type. Whether you have gold bars, gold coins, gold jewellery, scrap gold or gold of another variety, bring it to us for an appraisal. You will likely be pleasantly surprised with the value of your gold, even if it is small, light in weight or faded in appearance.
Sell Your Gold at Gold Smart
Gold Smart wants your old, unwanted, broken and otherwise marred gold. Even if you have brand new gold that you have no use or desire for, you can get good money for it at Gold Smart. Give us a call at 0800 465 376 to learn more about selling gold in New Zealand. You can also reach us by email at anita@goldsmart.co.nz. Sell gold to us and you will have the money you need to truly get the most out of life. It all starts with an appraisal.
Just about everyone has gold of some sort. Whether it is scrap gold, gold jewellery, gold coins, gold bullion or any other type of gold, it has value. Even silver, palladium and platinum pieces fetch good money. Bring your gold coins, bars and other precious metals to Gold Smart for a fair appraisal. You can use the proceeds to purchase whatever your heart desires.
Get Cash for Your Gold
Take a moment to think about how long it has been since you used your gold items or even looked at your gold. Now think about how many times you have used that gold jewellery or other gold piece. If you are like most people, you have gold items yet they provide minimal, if any, utility. Wouldn’t it be nice to transform your gold, silver and palladium into cash you can spend on items with actual utility? Think of all the things you could spend your gold sale proceeds on. Perhaps you enjoy fine dining. Maybe you would like to take a holiday abroad. There might be a new piece of fancy jewellery you would like to buy for your significant other. Sell your gold and you will convert this precious metal into real cash that will improve your quality of life in a number of ways.
Your Gold is a Shopping Spree in Disguise
If you have paid attention to the price of gold, you are aware this precious metal has significantly increased in value across the past decade. Now is the time to sell your gold, cash out and enjoy life. After all, there is no guarantee the price of gold will continue to increase or even stagnate. Why not sell your gold to Gold Smart and go on a shopping spree? You might be surprised as to how much cash you get for your old gold, scrap gold, broken gold items, dated gold jewellery and other precious metals. Take the money, go shopping and you will feel absolutely fantastic about your decision to convert your gold into possessions or experiences that improve your quality of life.
When was the Last Time You Took a Vacation?
Some people go a year or even several years without taking a vacation. Some decide to stay home during their vacation instead of traveling. After all, traveling is expensive. Why not have some fun by selling your gold and buying a train or plane ticket to somewhere nice? If you need a vacation yet do not want to pay for it with your savings, this is the perfect time to unload your gold for cash. You won’t miss your gold one bit when you are looking out of the airplane window as you approach your tropical holiday destination.
Gold Smart Wants Your Gold
If you are looking to sell gold in New Zealand, look no further than Gold Smart. We purchase gold, gold jewellery and silver. Give us a call at 0800 465 376 to schedule an appointment for an appraisal of your precious metals. You can also reach Gold Smart by sending a message to anita@goldsmart.co.nz
Becoming a trusted gold buyer in New Zealand involves a lot more than just buying people’s gold. Many believe they can develop a market by just hanging a shingle, in-person or online, and with the current gold market the world will beat a path to their door. That will last for may about the first few transactions, and when word gets out the operation is questionable, then the traffic will avoid such a business like the plague. Unfortunately, a lot of damage can still be done in these early days by a questionable player, which is a common practice involving changing names, front, appearances and then suddenly disappearing. And those who get burned most often tend to be folks trying to sell gold for the very first time ever.
Technical Criteria
A reputable gold buyer will be regularly and always applying bona fide, objective equipment independently measured and set when evaluating gold for purchase. This includes far more than just a typical weigh scale. First, the scale will be set to measurements that apply to a Troy ounce, not just standard weights. Second, the gold buyer will also be using standard, industry tools for validating the purity of the gold in question. Third, the buyer will apply references for any hallmarks or standards apparent in the gold that certify its quality and manufacture, and fourth, the buyer will also apply standard chemical testing as well as conductive to insure the gold is accurate and not simply some kind of dupe or facsimile of the real thing. Much of this application and equipment know-how comes from professional training and experience, understanding the various methods used in the market for fraud and how to prevent it as well. Nobody with a valid interest in selling real gold should be offended by any of this equipment or testing material; the use of these tools protect both the seller individually as well as the market as a whole from the damages of fraud that ultimately end up being paid for by the entire market in higher prices, fees and cost recovery.
Professionalism as a Standard
The behavior and practice of a quality gold buyer will stand out with professionalism as well. Highly trained reputable buyers will show themselves by their consistent service, dedication to quality, and reliability. Professional buyers, for example, will have no issue with providing appraisals and validations without any pressure to commit or force a sale at a low level. They are focused on maintaining the integrity of the market as a whole and want to see quality product move with known documentation and validation as much as possible. Appraisals also provide professional buyers a frequent pulse of the gold available locally, its type, nature, quantity and quality. This too goes a long ways toward indirectly helping prevent fraud, particularly when it suddenly shows up from unknown and unexpected sources locally that never existed before.
The appraisal process is kept transparent and well documented so that it can be objectively repeated if necessary under the same criteria by another appraiser, confirm the results. The more consistent the appraisal standard and reports, the more stable the local gold market tends to be with known product availability.
Along the same lines, honesty and competence go hand in hand with professional gold buyers. It’s not possible to suddenly show up one day and become a bona fide gold buyer with referenced and recommendations in 24 hours. High quality buyers have earned their stripes over time and performing thousand upon thousands of evaluations, providing fair pricing and reports that can be validated and tested by other appraisers accurately.
Professionalism also involves discretion and privacy. Nobody wants to walk around advertising that they are selling gold for a variety of reasons. First, personal safety and security are always an issue when physically carrying precious metals. Second, the motivations or purpose for selling old gold is a private matter and simply no one else’s business. Third, discussion one’s financial reasons for selling old gold can have social ramifications, particularly in smaller communities, which is unnecessary. Professional gold buyers are highly sensitive to all these issues and make a point to protect their customers’ privacy and safety in every transaction.
A professional buyer won’t make grandiose promises. The value of a purchase will always be based on the objective quality of the gold being sold and its worth on the current resale market discounted for a business buyer to make a reasonable profit on the same. Anyone who is marketing skyrocket prices or get-rich-quick schemes is flat out lying or misleading people through omission about what’s possible with selling gold.
Why are There So Many Poor Buyers?
Where there is a high demand for anything that is valuable, there will always be a subset of the population that shows up to cause problems. These characters range from outright criminals and conmen to businesses and players who live right on the edge of wrongdoing but still function legitimately, they just fail an ethical behavior rating horribly. It’s been a long-standing problem that people can be easily separated from their valuables in the business world.
Problem buyers go as far back as the Romans at least with their “caveat emptor” warning (beware buyer), and probably a lot earlier. No different than the markets of ancient times, private gold sales come down to bargaining and personal negotiation. And that leaves a lot of room for misrepresentation. After all, one operates literally at arm’s length in private party sales without anything else to work with.
In the modern world, the Internet has made things a lot worse. While the benefits of the digital world have connected people over far greater distances than they ever would have been involved otherwise, it has also opened to door for types who have no good intention whatsoever when involved in gold buying and selling. While on the selling side the big problem involves sellers who know they are trying to offer a gold product that isn’t what it seems, on the gold buying side the issue involves separating people from what they own while giving them less in return. The difference between the massive criminal profit of the venture.
The most common and worst buyer trick is to convince a private seller that when they part with their gold, they will be paid. This is outright theft and, amazingly, people fall for it quite regularly. Scams like the African prince or government representative email needing to use a person’s bank account overseas proves the case, causing millions of dollars of victims’ money to wire transfer into Nigeria or similar and never be seen again. The entirety of these types of scams depend in the victim being so enamored at getting something more for nothing or little cost, they will part with their money or gold to make a big win. It never happens. Another method, which is very digital in nature, involves a chargeback. The buyer offers to buy with a credit card and the payment seems to go through. The seller sends the gold and all is good. Then, 30 days later, the credit card payment is reversed. What happened? The buyer used the credit card protection system to flag the sale as a fake “fraud” triggering a chargeback and retraction of the payment. The buyer is now out the gold and money. The person’s gold, however, gets sent in the mail, and the thief laughs at the gullibility of the victim.
The second buyer trick type involves the slick sale or hard pressure tactic. Again, the lure of the great sale price is involved, but it never happens. In these cases, the unscrupulous buyer is again taking advantage of people’s greed to convince them a sale is going to be their big win. These transactions tend to be barely legal and often involved ambiguous language, hidden fees, fast-talking and lots of pressure that the offer will end right away, and the private seller has moments or minutes to grab a fleeting opportunity. While the sale does occur and the seller does get paid, it ends up being nothing that was expected, chopped down with dozens of fees buried in paperwork language, dubious shipping and handling costs, appraiser fees, market fees, reselling fees and so on. In fact, there’s probably a dictionary somewhere with all the made-up fees and technical term charges one can come up with in this arena.
The third buyer trick type involves a consortium or Ponzi scheme type setup. These are illegal but often operate for months or years with seeming legitimacy. These schemes are designed to pull people in, get them to be serious involved, and also use victims to find other victims. It often starts with the victim being offered a really good sale and seemingly paid a price too good to be true. It happens the victim is hooked. Real cash hit their bank account, so it must be true, right? The payment is a temporary trick. The goal is to win the trust of the seller and get them to engage more. The more they sell, the bigger the stake, the less the payout. The seller is also motivated to find other victims and use the same scheme. The gold and money flows in, initial payments are made with other victims’ money, and eventually the scheme collapses. When it really matters, everyone’s gold and money have suddenly disappeared. The culprit was at the top of the scheme banking the interim transactions and paying out as little as possible.
The Gold Smart Difference Versus Other Gold Buyers
Gold Smart has enjoyed a long-standing reputation for serving customers with fair pricing on old jewellery, bullion gold, gold accessories and other forms of the previous metal. The company remains committed to maintaining a high quality service as a gold appraiser as well as a competitive player in the market for gold resale. There is not argument there are plenty of other options for selling one’s gold, but if safety, reliability, fairness and trustworthy service are on the criteria list, those options will shrink down very quickly to a few players, Gold Smart being at the top of the list.
Gold Smart as a precious metal buyer is very clear about what we buy as well. Gold in solid form is an ideal product, and it can be in bullion bar, bullion coin, or jewellery form as well as accessories. All types of gold are eligible as long as the content is solid, including white gold, yellow gold and rose gold among other forms. What is not purchased includes gold-plated material, gold leaf and gold roll products, and gold alloys mixed with other metals such as brass or copper.
The high majority of private sellers Gold Smart transacts with tend to be first-time customers. That normally involves a lot of trepidation, concern and unfamiliarity with the process in general. As a result, Gold Smart makes a point to education and help customers realize what works best for them in a gold-selling transactions, including understanding how the validation process works, the role of the gold buyer in evaluation, and how the final price offer is constructed. Unlike less-than-stellar options that try to use gimmicks or fast-talking to distract from how an low-ball offer is put out, Gold Smart provides a patient environment where our buyers will never pressure a customer into a sale he or she is not sure about.
Connect with Gold Smart and sell your gold safely and reliably. There’s no need to take risks. Our professional gold buyers protect you and the market everyday with a proven, safe system.
Gold sovereign pieces have been used as a store of wealth and as an ode to the British Empire for years. Initially minted way back in 1489, gold sovereign coins were temporarily halted until production resumed in the early 1800s. The coins have been produced in nearly every year since. The British relied upon numerous overseas arms of the Royal Mint to create gold sovereign coins so they could be used throughout the world. Though the first World War brought the circulation of gold sovereign coins to a grinding halt, these coins became increasingly admired as time progressed. If you hold a gold sovereign coin, it should be appraised by professional gold buyers.
Why Gold Sovereigns are Worth Good Money
All sorts of gold sovereign features, ranging from design to age, rarity and the site of minting all play a part in the overarching value. These coins have been sought after for years. The typical sovereign has minimal nominal value and considerable worth as as a bullion coin that stores or even gains value. This is not the type of coin meant to be used for daily purchases. Everything from storage and distribution to the gold sovereign’s raw material and even the processes used for minting contribute to the overarching value. Above all, the coin’s rarity means the most when it comes to value. Gold sovereigns are typically produced in very limited quantities compared to the regular coins we have in our pockets.
Sovereign’s Gold
Sovereign coins are made from 22 carat gold. In other words, gold represents nearly 92 percent of the coin’s total mass. The sovereign’s weight of 7.98 grams is primarily made up of gold. Slightly more than 7.3 grams of this total are comprised of gold.
The Story of the Gold Sovereign
The gold sovereign is named and designed after the Britain’s Royal Household. The coins were dubbed “sovereigns” thanks to the royal portrait on the coin face. All gold sovereigns display the likeness of King Henry VII on the face. The coin’s reverse side features a royal coat of arms presented on a shield with a Tudor double rose along with the portrayal of Pestrucci’s St. George battling a Dragon. Some sovereigns feature another design created during the time of George IV, Elizabeth II, Victoria or William IV.
How Rare is Your Gold Sovereign Coin?
If you have one or several gold sovereign coins, do not jump to conclusions. Though there is a chance you have an uber-rare piece, the bottom line is these coins are minted each year. You likely have a beautiful gold sovereign worth good money. However, you will never know what your gold sovereign is truly worth until you ask an expert. Bring your gold sovereign to Gold Smart for a thorough analysis and you will finally know what your gold sovereign is worth in today’s dollars.
Contact Gold Smart Today
Are you looking for a detailed breakdown of your gold sovereign or other gold piece? If you are interested in selling gold, reach out to us at 0800 465 376. You can also contact Gold Smart through our online Live Chat feature.
The purpose of adding hallmarks to gold jewellery is primarily to show its purity. These markings also originated to display the assaying office’s connection to the piece in question. An assaying office certifies gold purity along with the caratage of fineness of the gold. As time progressed, hallmarks were also added to pieces to identify the goldsmith that manufactured it. Furthermore, the hallmarking of gold jewellery was the first consumer protection method used in Europe. The practice goes back to the 1200s when Edward I of England ruled.
Why Hallmarks are Necessary
Hallmarks are best thought of as official marks struck on metal items to prove the precious metal content. Hallmarks provide legitimacy to a piece while displaying its amount of gold, silver, platinum, etc. Hallmarks have been used throughout history by those who “guard the craft”. These trusted individuals played the role of those who work in assay offices in today’s era. In a nutshell, hallmarks serve the purpose of guaranteeing the metal’s fineness or purity as gauged through official metal testing. In order to qualify as a true hallmark, the mark must be the guarantee of an authority or independent organization that the contents of the piece are exactly was marked.
Hallmark Basics
Up until 1998, Hallmarks were primarily comprised of four compulsory identifiers. Date letters have been optional since 1998. However, the other three symbols are necessary. These symbols provide important information such as the maker of the article, the guaranteed standard of fineness, the year the article was tested, the year of marking and the forementioned assay office. Some pieces feature a sponsor’s mark. This is the mark of the business or individual responsible for transmitting the article to be hallmarked. In certain cases, the sponsor is the retailer. In other instances, the sponsor is the manufacturer or wholesaler. One must register with an Assay Office to obtain a sponsor’s mark. There is also a standard mark that displays the metal’s fineness. This is the precious metal’s purity content measured in parts per 1,000.
Hallmarks and Other Marks
Hallmarks often have date letters. These letters are a display of the year the article was hallmarked. In some cases, traditional standard markings are still used. Some pieces feature commemorative markings. These are special hallmarks used to note important events worthy of celebration. Some pieces feature international convention marks. The convention hallmark can be applied by countries that are signatories to the international convention on hallmarks. All sorts of different assay office markings exist, each based on the respective member countries. As an example, a shield around an assay office mark is fairly common. The nuances of the design varies based on whether the article in question is made of gold, platinum or silver.
Examples of Hallmark Systems
In some nations such as the United Kingdom, hallmarks are made of more than a single mark. The typical hallmark system has several elements such as a mark that denotes the metal type, the sponsor’s mark and the year in which the piece was marked. The English designate May 19 as the Feast Day of Saint Dunstant, the patron saint of goldsmiths and silversmiths. This is why the country’s marking year commences each May 19. Other nations, such as Poland, have a single mark as the hallmark that shows metal and fineness. The Polish also add a responsibility mark, also referred to as the sponsor mark.
Gold Smart is at Your Service
Our gold buyers want your gold. If you are interested in selling precious metal, contact us today. You can reach Gold Smart by phone at 0800 465 376. You can also reach us online by filling out our contact form.
New Zealand’s dollar suffered quite the fall last week. In fact, the currency dropped to its lowest point in two years against the greenback. Though this is certainly bad news for New Zealand’s economy, there is a silver lining of particular importance: the price of gold has gone up in correspondence with the drop in the New Zealand dollar’s value.
This is the Perfect Time to Sell Gold
The rise in the price of gold has created a spectacular selling opportunity for precious metals holders. Whether you have been holding your gold for years or recently acquired gold, the time to sell is now. Bring your gold to Gold Smart and you just might be shocked as to how much it is worth. Our offers for gold are more than competitive; we take great pride in providing gold sellers with top dollar for their pieces. If you need money on the double, have been thinking about offloading your gold or simply want to sell high after buying low, contact Gold Smart to schedule an appraisal of your piece(s). You can walk out of our facility with a wallet full of cash and you will enjoy an invaluable financial freedom. Head on out to that swanky restaurant you’ve been eyeing, take a holiday, buy your sweetie something lovely or simply put your money in the bank for a rainy day.
This is Your Opportunity to Capitalize on the Volatility of the New Zealand Dollar
Investors far and wide are flocking to gold, silver and other precious metals. In particular, New Zealand residents are pumping money into gold following the decline of the dollar. Though other currencies have also moved quite significantly in recent weeks, the New Zealand dollar has been hit the hardest. A reduced dollar value means goods sent to New Zealand are that much more costly. Furthermore, exports from the Land of the Long White Cloud will prove more competitive in regard to pricing, ultimately boosting exporters’’ demand. There is plenty of upheaval in currency markets across the globe as a trade war seems to be brewing. It is clear the winners are those holding gold and other precious metals. Sell your gold items to Gold Smart while the price of gold is high and you will have timed the market to perfection.
Selling Gold Takes as Little as a Single Phone Call
If you are even slightly interested in selling gold for cash, Gold Smart is your go-to destination. We can educate you about the nuances of the precious metals and currency markets, evaluate your gold pieces and ensure you receive fair value. Sell gold jewellery, gold bullion, gold coins and even scrap gold to line your pockets with cash and you will finally get the most out of life without feeling any sort of guilt about spending. After all, spending money feels that much better after cashing out on an investment with impeccable timing. Our gold buyers are here to ensure you are paid top dollar for your precious metals. Give us a call at 0800 465 376 to coordinate an appraisal of your gold. You can also reach us online through our convenient Contact Form. Enter your information, submit your enquiry and we will be in touch. You can even reach out to us through email by sending a message to anita@goldsmart.co.nz.
Gold Smart is here for every New Zealander looking to sell his or her gold jewellery or other precious metal piece. We welcome gold jewellery and other gold pieces of all types, sizes, shapes, etc. What matters is that your item has real gold. If your piece has enough gold, we will perform an appraisal and make an offer. We are conveniently located in Auckland so you can call ahead, bring your gold items in for review and receive an offer on the spot. We also welcome gold for analysis by mail and meetings.
Sell Gold for Cash in Whatever way You Choose
You can bring your gold jewellery or other gold item to our Auckland location for an in-person review and offer. We will analyse your gold jewellery or other piece(s) and make you an offer without applying even the slightest bit of pressure. For the most part, the piece’s precious metal weight, purity and quality determine its price. We go out of our way to make you comfortable from the moment you meet our staff until you depart. Take your time, ask questions, think about it and make a decision when you are ready.
If you prefer to sell gold for cash through the mail, take advantage of our courier pack. The courier pack is a proprietary mailer that makes the preparation and sending of gold items as easy and quick as possible. This is a secure and reliable means of sending gold to Auckland for appraisal. You pay nothing and send your gold jewellery and other pieces in the courier pack. The evaluation occurs on the day of receipt. Your quote is subsequently provided. It is as easy as that. We even provide a VIP pick-up service for certain customers, depending on location and size/value of the pieces in question. Alternatively, you can select your own mailing method. What matters is you get your gold jewellery or other items with precious metal in front of our team for an in-depth review.
Gold Jewellery Appraisals are Your Chance to Cash in on Idle Gold
Opt to sell your gold jewellery and the money will be transferred to your account in a business day’s time. Otherwise, your piece will be returned at no cost in surprisingly little time. You have everything to gain and nothing to lose by sending your gold in for appraisal by our gold buyers NZ team. Select the method best for you, have your gold jewellery analysed and it will not be long until you are considering whether to take a lucrative offer. Our gold buyers NZ team is here to make the process as easy as possible. Lean on us if you have questions or concerns and our gold dealers in New Zealand will simplify the process, expedite your gold’s review and provide you with an offer worthy of consideration.
Contact Gold Smart Today
Gold Smart is here to appraise your gold jewellery and other gold items, make a competitive offer and put cash in your pocket. If you have gold of any sort you are even slightly interested in selling, bring it to us or mail it in for a no-cost, no-pressure appraisal. If you like our offer, accept it and we will transfer the funds the next business day. Alternatively, you can keep your gold. Give us a call at 0800 465 376 to learn more about our gold buying service. You can also contact us online through our website’s convenient Live Chat.
People often wonder what to do with handed down jewellery. In some situations, the recipient is ecstatic to receive the jewellery and more than happy to wear it. However, in the majority of cases, those who receive handed down jewellery favour one or two pieces and do not know what to do with the rest. There are even some situations in which the recipient has no interest at all in the jewellery. After all, most handed down jewellery is outdated and lacking in lustre.
Keep What You Want
The best approach to handed down jewellery is to sort through all of it and perform a realistic and honest assessment of which pieces you will actually wear at a reasonable frequency. However, most handed down jewellery is either out of style or flawed in some manner. If you are completely honest with yourself, you will likely reach the conclusion that you will enjoy wearing few, if any, of the pieces of handed down jewellery. You might find one or two pieces that appeal to you or are worth saving for future generations yet there is a good chance the vast majority of these handed down pieces will provide more utility if sold. If you are insistent on keeping a couple pieces, take some time to ponder how frequently you or your family member will wear them. Try on the pieces you are interested in and take a look in the mirror to gauge if they are really worth keeping. You might find a ring does not fit or a necklace or bracelet does not look as flattering as you first thought.
Sell Your Handed Down Jewellery
Most people decide to sell handed down jewellery for good reason: the bulk of such items tend to look old-fashioned or outright ugly. Time takes a toll on jewellery. Aside from stylistic concerns, outdated handed down jewellery usually has physical flaws that detract from its beauty. Even a minor scrape, dent or discoloration can ruin an otherwise lovely piece of jewellery. Gold Smart is here to buy your handed down jewellery. As long as your jewellery has gold, we are interested. Schedule an appointment for an assessment of your handed down jewellery and you will almost certainly be pleased with our offer. Sell your handed down jewellery and you will receive a bundle of cash you can use for new, in-style jewellery that makes you look chic and with the times. Alternatively, you can use the proceeds of your jewellery sale to go on holiday, buy your sweetie something nice, enjoy a fancy dinner or pay for something more practical like new cookware.
Sell Your Handed Down Jewellery at Gold Smart Today
You can turn your handed down jewellery into cash by contacting Gold Smart. Reach out to us at 0800 465 376 to schedule an appointment for an appraisal of your jewellery. We are more than willing to discuss the nuances of the precious metals industry with you and explain why your handed down jewellery is valued at the price determined by the appraisal.
Trust is the foundation of all successful relationships. If you can’t trust your gold dealer, you will constantly be wondering if you got the right price, whether you should have shopped around and whether your precious metals investments are really worth the money. Everyone deserves a sound rapport with their gold merchant. Here is a look at how to know if you can trust your gold dealer.
Do Business With a Credentialed Dealer
Your gold dealer should be reputable. A gold dealer with a sterling reputation throughout the community has a vested interest in serving locals, maintaining the status quo, and providing fair value. So go ahead and put in the little bit of time required to find out if the dealer in question is accredited, certified, endorsed, and/or reviewed with praise in online directories. If so, the dealer is likely worth your trust and your business.
Be on the Lookout for Fake Gold
Everyone who buys and sells precious metals should know how to identify fake gold. There are all sorts of checks to determine if gold is fake, from weighing gold coins to acid testing, examining detail designs, analysing the fonts, and so on. The unfortunate truth is fake gold is traded throughout the world. Perform your due diligence and you won’t be burned by a dealer selling fake gold.
Past Performance is the Best Indicator of What’s to Come
Consider the gold dealer’s history. If there are numerous complaints filed with regulatory agencies or if the reviews are poor, the gold buyer might not be worth your business. Do some homework before buying or selling precious metals with any dealer. Find out how long the merchant has been in business. Pinpoint their physical address and determine if it is a legitimate location.
Don’t Fall for Rock Bottom Prices
Plenty of unscrupulous gold dealers are out there looking to sucker people into terrible deals. Many such shady businesses will tout loss-leader pricing, sell a customer on a collectible coin with a massive margin, and rake in the money. This is the classic bait and switch every gold buyer should be aware of.
Clear Communication is Essential for Trust
The best gold dealers are willing to interact with customers, whether it is in the form of answering questions, addressing concerns, discussing prices, and so on. In fact, leading gold dealers actually look forward to such conversations. If the gold dealer in question does not seem delighted to answer your questions about precious metals, valuations, or inventory, move on to the next candidate. A gold dealer who is unwilling to engage customers in such interactions is not worth your business or your trust. You deserve to know every last detail about the gold in question as well as its value according to the current market rate. We are proud to provide this elite level of customer service. Visit with Gold Smart and you will enjoy a spirited precious metals conversation with our gold dealers in addition to the proceeds of your transaction.
Gold Smart is the New Zealand Gold Dealer You Can Trust
Gold Smart is interested in your gold. Whether you have gold jewellery, gold coins, gold bullion, or anything else with gold, we encourage you to schedule an appointment for an assessment. Gold Smart is also interested in your silver and platinum. It does not matter what condition your gold is in. Whether you have old gold, dented gold, scrap gold, or anything else containing gold, bring it to Gold Smart for a bundle of cash. Give us a call to schedule an appointment so we can assess your gold and silver. You can reach Gold Smart by dialing 0800 465 376.
When was the last time you looked through your jewellery box? If you are like most people, the answer is months, years or even decades. Just about everyone has excess jewellery, whether it is a ring, necklace, bracelet, earring or other items. If you have any gold jewellery you no longer use, it is time to get some value for it. Gold Smart will pay cash for your gold jewellery.
Jewellery Eventually Goes out of Style
Your gold jewellery pieces might have looked stylish when you first got them. However, as time progresses, gold jewellery eventually goes out of style. What was chic back in the early 2000s, 90s or 80s probably won’t look en vogue in 2018. If you perform a thorough review of your jewellery collection, you will undoubtedly find gold pieces you no longer wear or desire. It is time to take those old, unused or damaged pieces of gold jewellery to Gold Smart for an appraisal. You just might be surprised by how much money we are willing to offer for your gold piece(s).
Sell Your Gold Jewellery and Have a Blast with the Proceeds
Take a moment to think about how much happiness your gold jewellery has brought to your life. Perhaps it has brought little or even none. Most people buy or receive gold jewellery, wear it a couple times and let it sit in the jewellery box for quite a while. Maybe you dust off your gold jewellery once or twice per year. In most cases, gold jewellery is worn less frequently than the owner originally intended. There is no reason to let your jewellery sit idle in a cabinet, drawer or box. Call Gold Smart to schedule an evaluation of your gold jewellery so we can assess its value. Be sure to call us at least an hour or two ahead of your arrival so we can slot you in for an assessment with our gold jewellery experts.
Once we have the chance to analyse your gold jewellery, we will provide a fair offer. This is your chance to unload your old gold jewellery, make a bundle of money in little time and enjoy life to the fullest. Perhaps you will take the proceeds from your gold jewellery sale and invest them in the stock market or a cryptocurrency like bitcoin. Maybe you are due for a holiday break. Some will simply put the money from their gold jewellery sale in the bank so they can use it on a rainy day. Maybe you would like to upgrade your wardrobe or buy chic new gold jewellery that you are proud to wear in public. Regardless of what you do with the proceeds, you will have a bundle of cash in your hand as opposed to an outdated piece of gold jewellery you haven’t worn in a while.
Contact Gold Smart Today to get Cash for Your Gold Jewellery
We are ready to buy your gold jewellery, regardless of its age or condition. If your jewellery has real gold, we want it! Give us a call at 0800 465 376 to schedule an evaluation of your gold item(s). You can also reach out to us through our website’s convenient Live Chat option. If you would like to contact us by email, shoot our team a message at anita@goldsmart.co.nz. We will be in touch as soon as possible.
If you are like most people, you receive Christmas gifts and other gifts you do not desire or need. We have all received and given gifts that end up collecting dust. It is just the nature of the holidays’ gift-giving tradition. What matters most is the sentiment of the person providing the gift. You are undoubtedly grateful for gifts as they show others are thinking of you. However, this does not mean you should keep every single Christmas gift for years or decades. Do not be ashamed of using your undesired Christmas gifts for something better. What matters most is your happiness and your financial well-being. We are willing to pay top dollar for your gold jewellery and other gold items.
Get Cash for Your Christmas Gold Jewellery
Gold jewellery is one of the more popular Christmas, birthday and anniversary gifts. Perhaps you already have your fair share of gold jewellery and do not want yet another piece. Maybe you have a similar piece in your collection and do not need a near-duplicate. Some people have simply grown out of their gold jewellery phase and would rather have cash for something else. Bring your gold jewellery gifts and any other gold you have to Gold Smart and you will be provided with fair value in cash.
Turn your unwanted gold jewellery into money that allows for endless possibilities. Spend the proceeds on experiences like a vacation, fine dining and outings of other sorts. These experiences will prove much more valuable than letting Christmas gold jewellery collect dust in your storage space. Others will decide to invest the proceeds of their gold jewellery sale. Regardless of what you choose to do with the money, the point is you will have a nice bundle of cash in your pocket or purse as opposed to a piece of unwanted jewellery.
Unused Gold Jewellery Will Not Improve Your Life
There is no sense opening your Christmas jewellery, putting it in your closet or dresser drawer and forgetting about it. This gold item will serve no purpose in storage. It makes more sense to turn your unwanted gold into money you can use to improve your well-being or that of a loved one. Bring your jewellery to Gold Smart for an appraisal and you will be more than happy with our offer. Our gold experts are revered throughout New Zealand for fairness, honesty and integrity. Ask around and you will find our offers for unwanted gold jewellery and other gold items are almost always superior to the competition.
Gold Smart Wants Your Undesired Gold Jewellery
If you have unwanted gold jewellery or any other gold item, it is time to turn it into cash you can use for something that actually improves your life and well-being. Give us a call today at 0800 465 376 to learn more about our gold buying business and schedule an appraisal of your unwanted jewellery. Let us know when you would like to come in, so we can prepare for your arrival.