Gold Buyers Christchurch

Gold Smart is here to turn your old, broken or unsightly gold into cash. We will take just about anything that contains gold, regardless of its condition. It can be bent, missing pieces, dented or tarnished in any other way. Let’s take a look at some examples of the type of gold our customers turn in for cash on a regular basis.

Gold Earrings

Most women have at least one earring that doesn’t have a match. Earrings are easy to lose and break. If you have a gold earring that lacks a match or if you have simply grown tired of your gold earrings, bring them to Gold Smart. We are interested in your earrings as long as they contain gold.

Gold Pendants

Gold Smart is looking for gold pendants of all varieties. Perhaps you have a gold pendant from your youth that you no longer desire. These items tend to lose their sentimental value as time progresses. We will gladly purchase your undesired gold pendant so you can buy something contemporary that provides enjoyment and/or utility.

Gold Bangles

Bangles used to be on-trend. Nowadays they aren’t exactly the cat’s pyjamas. If you have old gold bangles, it is time to consider turning them in for a nice wad of cash. We will float out a tempting offer for gold bangles and bracelets. Take the money to modernize your look with some lovely new silver jewellery.

Gold Necklaces

If you have an outdated gold necklace, an ugly gold necklace or any other type of necklace with gold, we will give you good money for it. Maybe you have an abundance of gold necklaces and would prefer to turn in your least favourite for cash. Maybe a couple have been damaged through the years. Bring them to Gold Smart and we will give you a solid offer. Take the money and upgrade to a glorious new gold necklace, another piece of jewellery or have a night out on the town.

Gold Wedding Bands and Rings

If you have recently divorced or plan to renew your wedding vows, it is time to consider selling your gold wedding band or ring. This item no longer carries the same sentimental value so why bother keeping it around? Turn it in for a pile of cash at Gold Smart. You can reinvest the money in a brand-new wedding band or ring. Or, use the proceeds for a fancy dinner, a new addition to your wardrobe or a nicety of another sort.

Gold Rings

We will take any type of ring as long as it has gold in it. It doesn’t matter if it is a gold wedding ring or a gold ring of another variety. We will give you an offer as long as it contains gold. The ring might be bent, scratched, overly tight or faulty in another manner. We will provide a competitive offer regardless of the ring’s condition.

Gold Bracelets

We are interested in gold bracelets of all varieties. Perhaps you have an aged gold bracelet that is no longer fashionable. Maybe your bracelet was dented after slipping off your wrist. We are interested in your gold bracelets regardless of their condition and appearance. We will turn your bracelet into cash right away.

Gold Coins

If you no longer desire your gold coins, don’t let them go to any old gold buyer. Bring them to Gold Smart and you will receive the best possible offer. We are interested in gold coins of all varieties, especially gold sovereigns from countries around the world. Most gold coins are worth the value of their purity, weight and precious metal content instead of their rarity. If you are interested in learning how much money your gold coins can fetch, reach out to Gold Smart today.

If you are thinking of selling gold in New Zealand, Gold Smart is at your service. We accept gold in any condition, whether it is a pristine piece of jewellery, gold coins, scrap gold, or anything in between. It does not matter if you have yellow gold, rose gold, or white gold. We will take your gold regardless of its age, colour, or condition.

A Family-owned Company You Can Trust

Part of what separates Gold Smart from the pack is our friendly and trustworthy staff. We look forward to interacting with customers. Our aim is to exceed your expectations so you are inspired to recommend Gold Smart NZ gold merchants to friends, family, and colleagues. We take great pride in playing a productive role in the community. You have gold. We have cash. Sell your gold to our gold merchants and the end result will be mutually beneficial. If you have any questions or concerns about the gold selling process or the gold itself, you will find our gold aficionados are more than willing to help. You can speak with us in-person at our brick-and-mortar location, over the phone, through our website’s live chat, or via e-mail.

We are the licensed gold buyers you have been looking for. Our team is as straightforward as it gets. We genuinely want you to receive top dollar for your gold. Whether you are looking for some extra cash to pay the rent, buy a new car, take a vacation or fill out your wardrobe, you can get it by selling your gold to Gold Smart. All you have to do is bring your piece (or mail it) to our office for a free appraisal. We will provide you with an unbeatable quote without delay. You can even get cash on the same day your piece is appraised. This is the perfect solution if you are in a bind and desperately need quick cash.

The Highest Possible Price

Bring your gold to Gold Smart for an appraisal and you will find we offer the highest price in all of New Zealand. In the rare event that you find another precious metals buyer who exceeds our price, we will match it. Part of the reason why we offer such high prices is that we are looking to secure your business across posterity. Our mission is to generate inroads with precious metals owners of all backgrounds. We want Gold Smart to be the first gold merchant New Zealanders think of when the time comes to sell gold jewellery, bullion, coins, scrap gold, and any other type of gold. So, don’t waste your time with other precious metals merchants. You won’t find a better price than the one offered at Gold Smart. If your gold has already been appraised at another merchant, don’t pull the trigger on the sale until you bring your item to Gold Smart for a free appraisal. You will likely find our quote exceeds the one you have already obtained.

Don’t Trash Your Old or Broken Gold

We are interested in your gold regardless of its condition, age, or colour. Perhaps you have a broken gold necklace. Maybe you have an out of style gold bracelet that looks quite unsightly. We are interested in your gold even if it is dented, scratched, scraped, or tarnished in any other manner. From gold wedding bands to rings, bangles, necklaces, bracelets, pendants, bars, coins, and beyond, if it has gold, we want it. So, don’t trash your old and/or ugly gold. It has legitimate value. Let us pay top dollar for your gold so you can turn these useless pieces into something that provides actual utility and/or enjoyment.

Why You Should Sell Your Gold Items

There is a seemingly endless list of reasons to sell gold items. Gold jewellery that is outdated or tarnished in any manner is no longer fashionable. Why not let your gold item go for a tidy sum of cash so it can be melted down to be used for a meaningful purpose? Perhaps your gold no longer holds the same sentimental value as it did when you received it.

Above all, the best reason to sell gold is to obtain cash! We offer big bucks for gold pieces of all varieties. You can use this cash for a night out on the town, an investment, or even put it toward the purchase of a brand-new gold item that is completely flawless and on-trend.

The Pressure-free Selling Experience You Have Been Looking For

Do business with Gold Smart and you will enjoy a comfortable interaction in which you do not feel pressured to sell your gold item(s). Our New Zealand gold merchants are here to educate you about precious metals and provide you with quick cash for your pieces. If you don’t like our quote, we won’t be offended if you decide to hold onto your piece or obtain another appraisal.

This is the no-stress sales experience every gold owner deserves. We aim to earn your trust, ensure you are as comfortable as possible, and provide you with the most possible money for your gold. This is the top-notch customer service that distinguishes Gold Smart from the rest of New Zealand’s precious metals merchants. Contact us today to learn more about our appraisal process and buying/selling programs.

When it comes to selling gold in Christchurch, you must be mindful. Do not bring your gold to any old buyer thinking that price and service are uniform across the board. Selling gold in Christchurch takes a little bit of effort in terms of finding a trustworthy buyer and the best possible price. Furthermore, some gold owners are not sure how to sell gold jewellery and other gold pieces. Let’s take a look at the subtleties of selling gold in Christchurch to help you find the best deal.

Select Your Gold Buyer Christchurch With Care

Take a look at the gold buyer online reviews and ask your friends and family for references. You will likely find that Gold Smart is revered as the top bold buyer in all of New Zealand. Compare our prices to those of competitors and you will see why we are considered the best in the business. Furthermore, our gold buying team is as forthright as it gets. We will tell you the truth about your gold and treat you with respect every step of the way.

Avoid Gold Parties

Gold parties are popping up all over the place. Groups of people meet in a central location to socialize and sell gold pieces in a comfortable setting. Though this might be a convenient and fun way to make some money, you won’t get as much as you should. The company that organizes the gold party will always get a cut of the proceeds. Furthermore, the host will receive a percentage to boot. In some instances, gold party jewellery is weighed together without consideration for the karat value. The sellers are then compensated based on the lowest karat value. These terms will leave you woefully underpaid!

Mind the Scale

Some gold buyers have inaccurate scales. Reputable gold buyers Christchurch have their scales’ accuracy verified on a regular basis. Keep in mind that jewellers value gold by the Troy ounce, not the ordinary ounce. Some buyers rely on a system referred to as the pennyweight in which a single pennyweight is equal to 1.555 grams. You should be paid by the gram rather than by the pennyweight so the buyer is not provided with more gold than he deserves for the amount paid.

A Note About Compensation

Gold buyers do not pay the full percentage of that day’s price for gold. The reduction in price is necessary to cover the buyer’s cost to melt the gold item down and turn a profit.

Watch out for “Rogue” Gold Buyers Christchurch

There are some transient gold buyers out there, commonly referred to as “rogue” buyers. They operate “pop-up” style, showing up in Christchurch and other parts of New Zealand throughout the year. They run ads that tout high prices, set up shop soon after and rake in the business. Then they disappear, leaving their ripped off customers behind. So do your research on prospective gold buyers to determine if they are legitimate businesses or rogue groups that are looking to skip town after making a quick profit.

Most people have a pretty good idea that even if they have gold that’s no longer wanted, it should be sold and liquidated, freeing up the value that can be used for something or an experience far more important. However, once one commits to selling his or her gold, the challenge begins in trying to do so in a way that is safe, reliable, transparent, and provides a fair market value. That process needs the benefit of the best gold buyer available, not just the first resource that comes along. Too often, consumer sellers find themselves in rather precarious or downright ugly situations trying to sell personal gold for the first time but not researching whom they are dealing with. Not much has changed since ancient times, and gold still remains a highly sought-after item by thieves and scams.

Fortunately, there are aspects and traits one can look for in a quality gold buyer that helps protects personal interests. These include everything from known and established reputation to the method and manner of how business is conducted with a customer. Consumers who take the time to do their research are oftentimes well rewarded with a better experience, a safer environment for the transaction and, most importantly, a better price and return on the gold being sold. Here’s how these factors make such a big difference for a personal gold seller.

A Solid Reputation Speaks Volumes

Established and professional gold buyers will have been working in their communities and regions for quite some time, establishing history and reputation with locals, neighbors, local authorities, and city government. All of these interactions add and support the nature of the business as an entity people can trust and depend on as part of their community. When a business does not behave competently or fairly, that word gets out pretty quickly as people have a bad experience. The issue becomes known and the reputation can suffer long after the business has rectified the issue and returned to a proper manner of conduct. That affects sales, which of course is the primary purpose why a business operates in the first place. So, reputation matters and matters a lot. No good business worth its name wants to see its long-standing reputation tarnished, and gold buyer businesses are no different in that respect.

Secondly, a good reputation generates more business in itself. People refer their friends and family to a gold buyer they have a good experience with. That kind of networking builds more and more with each contact, transaction, and sale. And the business thrives exponentially as a result. Again, professional gold buyers don’t want to compromise this community relationship because it provides them growth in sales, especially in a market that depends heavily on used gold being brought to the buyer by various private parties on a regular basis.

So, for the first-time personal gold seller, look for resources that point out or record a gold buyer’s reputation and history. These experiences and commentary can be immensely helpful in finding good resources to work with as well as avoiding entities that already show a pattern of problems. Remember, a bad experience with a gold buyer isn’t necessarily limited to just the sale itself. It can be how a person is treated, the risk in the environment where the sale occurs, or how the customer’s information is handled as well. All of these other aspects have a direct or indirect impact on a comfortable sale of personal gold to a gold buyer.

With a good handle on the reputation of gold buyers available, a consumer can then move to the next research step of squaring away which buyer should be on a shortlist to consider. Remember, online reputation resources can be just as valuable and frequently tend to be easier to find and read. Not everyone in person wants to speak negatively of another, even if they did have a bad experience and won’t interact again with a given business. But online people seem to feel quite emboldened to tell everyone about their experience, probably because the online impact is far stronger as the record can be read by hundreds or thousands of people versus just an immediate locality.

Experience and Skill Go Hand in Hand

The high majority of people looking at gold for the first time miss quite a bit in terms of what to look for and how to tell differences. It is not that people are unable to observe things; the quality and aspects of gold vary so much, professional experience really matters in understanding exactly how to identify real gold, value it, and appraise the second-hand worth. Even more challenging, gold comes in numerous forms. While government-issued bullion coins provide some of the easiest forms to evaluate, gold jewellery on the other hand can be extremely variable, especially when it has no other identification aspects included. Colour alone is a poor standard by which to judge and can often be duped with very elaborate frauds.

Solid experts in gold buying have been working at their trade for years, repeatedly trained and updated on the various aspects of consumer gold as well as how it has been counterfeited over the years. Because professional buyers apply their trade daily, the better buyers know exactly what they are looking at and how to examine second-hand gold. They take no offense in explaining their procedures and frequently want to educate people to help engender trust and confidence in the transaction. Folks are not going to find these professional buyers in pawnshops, payday loan offices, or similar. They will be working in bona fide gold buying businesses, jeweller shops, and higher-end precious metal transaction firms because their skill is in high demand.

Signs of a Problem Buyer

Anyone looking to sell personal gold is going to almost surely find resources that have giveaway signs there’s a potential problem involved. The first of these signals come in the form of temporary presence. Many folks may not even be thinking about selling their old jewellery until suddenly fliers or local paper ads show up noticing that a gold buyer is in town and ready to pay cash immediately for old gold and second-hand gold jewellery. These buyers tend to work out of hotel rooms, hotel conference areas, a local meeting hall, or some other temporary location. They are oftentimes only in town for a short period, maybe a day or two, and they emphasize the immediate nature of taking advantage of a sale now before it is too late. While most do pay a sizable cash amount for the gold provided, it is frequently not the fair market value for that gold. Why? Traveling buyers know that most of whom they buy from don’t have a good idea what their gold is worth or track the market very well, and many folks are lured by the idea of quick cash and will take a payment put in front of them right at that moment. Ergo, the traveling buyer ends up making a profit on people’s quick gut decisions made without awareness.

The second problem buyer area tends to operate in a similar fashion but is a bit more established as a regular business. These include pawn shops, payday and short-term loan cash advance offices, and very second-hand jewellery stores which are in essence also pawn shops. All three will consider second-hand gold, tend to operate with high fees and lots of mark-downs, and essentially rely on people’s need for immediate cash to drive sales. The pawnshop makes the exception of being willing to give the gold back to the prior owner if the cash paid is returned with interest, but most people don’t follow through. All of these types of businesses make profits by buying as low as possible and selling as high as possible to other consumers.

Private buyers are also an issue. They will frequently try to make contact with consumer sellers through word of mouth or classified ads. There is really no guarantee of whom one is dealing with in these situations and folks oftentimes find themselves potentially facing a criminal risk. With the advent of online auctions, the amount of private buyer interactions has increased tremendously, and many consumers have been ripped off by supposed private buyers who agree to a sale and then never actually pay, but the consumer has already shipped the gold item. These people tend to be hard to trace and even harder to find if they are thieves. Most times the police only catch them months or years later because the criminal private buyer just keeps coming back to the online sales platform for more victims because it’s so easy to do.

Fourth, regular gold buyer businesses who over-advertise the “best gold rates” can be suspect. The over-the-top advertising and sales pitches of the “best gold prices in town” tends to be the giveaway. The goal is to just get people in the door. Every gold buyer as a business depends on a steady flow of second-hand gold to operate with. If the supply dries up, so does the business. So, by attracting people with the seeming promise of the best rates, these buyers do a bit of a bait and switch, pulling people in the door and then high-pressuring the consumer to sell or lose the best price ever. It’s usually a low-ball price and the consumer finds out the hard way later on when comparing what could have been sold elsewhere. Again, the hard marketing tactics and crazy promises of best prices are a usual sign for consumers to stay away.

Stick With Local

There are a lot of businesses and outfits, particularly international ones, who are interested in second-hand gold. The demand for the precious metals has skyrocketed, and many outfits have found it profitable enough in bulk to pursue second-hand gold cross-border and in neighboring markets. As a result, there are a lot of players, particularly online, who are quite willing to take advantage of first-time consumer sellers unfamiliar with the aftermarket environment.

One of the better ways to protect one’s interest is to restrict any second-hand gold selling to New Zealand companies that are licensed locally, are 100 percent owned by Kiwis, and the business regularly reinvests in the local community. All of these signal an operation that has a vested interest in New Zealanders and wants to keep that relationship positive and beneficial for the long-term. These kinds of gold buyers also value their customers’ confidentiality and will keep transactions private and restricted. The same can’t be said for international outfits, particularly those buying online. Many will even resell their customer information because marketing lists for contacts is can be lucrative as well. Better known as “mailing lists,” other businesses pay good money for lists of hundreds of fresh contacts who show an interest in financial matters to then be targeted for other financial schemes with emails, electronic newsletters, gimmick websites, and more. The same personal information can also be sold and traded clandestinely on the dark web through which hackers and similar then use the info to trigger phishing attempts, trying to get the same contacts to provide valuable identity information with fake email messaging. Professional, New Zealand established buyers won’t even engage in such behavior with their customers’ records.

Never Get Caught in a Pressure Sale

Remember, you as the consumer and owner of the second-hand gold control the process, not someone else. No one can ever demand you sell your gold to them, no matter how immediate the matter might seem. The simple fact is, gold buyers depend on consumers, not the other way around. So, anyone who engages in a high-pressure tactic on a consumer is simply a buyer that should be shut down and cut off right there and then.

With Gold Smart, we know selling gold can feel challenging, even risky. Our goal and effort all the time focus around providing customers a safe way to sell second-hand gold, pressure-free, and with full transparency and education available. We regularly have customers and consumers who come in, ready to sell gold, but in the process realize something has sentimental value. We understand this situation and will never push or demand anyone sell what they have. Instead, we try to educate and spend quality time with our customers to make sure they fully understand how to evaluate their gold, how the price offered was reached, and why the gold is worth what it is. Many customers have such a good experience, they have worked with us regularly since and bring others to use based on the same trust and positive experience.

Don’t put your personal assets at risk unnecessarily. Working with Gold Smart you will have a full view of what your gold is worth, and you decide what you sell and when. We can help you get the best second-hand gold price possible in a fair market and fully open process. Give us a call or email to get started. Our professional buying staff will reach out to you to set up the best channel for your convenience to get started. Make your gold benefit you, not someone else. ​

Gold prices have steadily increased in the past couple of years. Ask anyone who studies economics, finance or investing about gold and he will likely testify that the price of this precious metal has skyrocketed at an unprecedented rate in the recent past. In fact, many such experts advise to sell gold jewellery and other gold items right now in order to capitalize on the high price.

Gold Recently Reached a One-Month High

The failure of President Donald Trump’s healthcare bill helped gold reach a one-month high. “Risk assets” initially surged after Trump’s election and his promises of massive deregulation as well as a trillion dollars’ worth of infrastructure spending. However, doubts have crept in and plenty of money has moved to safe havens like gold and other precious metals. Substantial amounts of money have gradually moved away from equities toward gold, commodities and bonds. Gold has always been inversely correlated to currency, especially the American dollar. The dollar hasn’t exactly been bolstered in the manner that Trump promised. These developments have spurred considerable increases in the prices of precious metals and other low-risk investments like gold.

Gold has historically performed best when fears of inflation abound. However, the precious metal has done quite well in the recent past, a period of time that has not been plagued by inflation concerns. Plenty of people consider the stock market to be overvalued and risky. This is a large part of the reason for the massive migration of money to gold and other safe havens. The question is whether gold will continue to rise, stagnate or fall. Those who own gold can guarantee a profit by selling now.

Own Gold? Now is a Good Time to Sell

If you possess gold jewellery, gold coins, gold bullion, scrap gold or anything else with gold, today might be the best time to sell. The precious metal’s price has gradually ticked up to the point that most of those who own gold can sell right now for quite the tidy profit. If gold represents more than two percent of your portfolio, you should definitely consider selling. Most investment gurus advise diversifying assets as much as possible. Sell some of your gold, invest the proceeds in other avenues and you just might exponentially boost your profit in due time. This is true for owners of new, old and broken gold jewellery, scrap gold of any variety, gold trinkets and so on.

Though it is certainly possible that gold continues to rise in value, there is also the chance that the price of the precious metal will drop. Why not take some profits off the table right now while you have the chance? You can always reinvest in gold in the future when circumstances dictate it to be prudent. Sell your gold today, use the cash to enjoy life or invest in something else you have your eye on and there is a good chance that you will have timed the market to perfection.

Take Advantage of High Gold Prices by Selling to Gold Smart

Today’s high gold prices are an excellent opportunity for you to cash out with a bundle of money. Sell your gold jewellery, gold coins, gold bullion and other gold pieces to Gold Smart today for an immediate payout. You can drop on in to our brick-and-mortar location or mail in your gold piece(s) for an assessment. Reach out to us today to learn more about our gold buying initiatives.

If you live in Hamilton or anywhere else in New Zealand and have gold or silver to sell, you are in luck. Though Gold Smart has not yet opened an office in the greater Hamilton area, we have a reliable Courier Pack system for precious metals sellers to send in their pieces to Gold Smart. If you are interested in selling jewellery made of gold or silver, this is the system you have been waiting for!

Sell Gold in Hamilton With the Gold Smart Courier Pack System

We make it easy for residents of Hamilton and other areas of New Zealand to send in their gold and silver without visiting one of our brick-and-mortar locations. Our Courier Pack program provides precious metals sellers with a handy proprietary mailer. This package facilitates the transmission of gold jewellery and silver pieces to our headquarters so you don’t have to spend time and money trekking on out to a Gold Smart location.

Use our Courier Pack system’s proprietary mailer to prepare and transmit your gold or silver items. Our team will appraise your items upon receiving them. Our appraisals are performed quickly, accurately, and in a fully secure manner. In fact, the appraisal is done on the day the items are received. The beauty of our Courier Pack system is that you do not have to pay anything to send your items to Gold Smart. We will weigh and analyze your precious metals. One of our gold buying representatives will then reach out to you to discuss the quote. If you decide to accept the offer, your payment will be transferred directly to your account that night. If you elect to bypass the offer, your gold or silver item will be sent back to you without delay. This return shipment does not require a fee of any sort.

The Gold Smart Courier Pack is a few Clicks Away

Here is how to obtain the Gold Smart Courier Pack: Fill out our brief enquiry form. At the end, you will spot a tick box that reads, “Send me a Gold Smart Courier Pack”. Click this box. Your Courier Pack will arrive soon thereafter. Place your item(s) in the pack, seal it and send it back to our office for a rapid appraisal. Once your pack is received, our team of licensed gold aficionados will study the nuances of your piece(s) and provide a quote.

You can Even Send Your own Parcel to Gold Smart

Perhaps you would like to send your gold jewellery or other pieces directly to Gold Smart without using our Courier Pack. You can send your own parcel with a method like the Track & Trace courier, signature required service, same-day delivery service or another shipping service of your choice. As long as you get your items to our door, we will have them appraised right away. We will promptly quote a buy price for your review. If you accept the price, we take the extra step of reimbursing you $10 for your shipping costs. This is the type of deal you won’t find with our competitors.

If you are thinking about having your gold or silver items appraised, contact us so we can go over the shipping details. One of our helpful representatives will advise you on the best way to send your particular items. You can reach out to our precious metals experts for assistance with a quick phone call (0800 465 376), live chat session, or e-mail.

The end of the financial year is quickly approaching. If you are searching for a way to pay your bills, consider selling your unwanted jewellery. Whether you have old jewellery, jewellery you rarely wear, or pieces that have lost their luster, selling them just might provide enough cash to pay your bills. This is especially true if you want to sell gold in New Zealand. You can use the proceeds to pay your personal or company taxes. It is the perfect way to get some extra money that fulfills your obligations ahead of the upcoming deadline. However, selling to any old party presents a bit of a risk. There are all sorts of fraudsters and shady characters out there who will hand over counterfeit bills for your jewellery and try all sorts of other unsavory tactics to take advantage of you. Let’s take a look at a few tips that will help you navigate the selling process.

Perform Your Due Diligence Before Selling: Study up on Potential Buyers

Do not sell your jewellery until you have researched the buyer. Check out the company’s Better Business Bureau report. Take a close look at the buyer’s online reviews. If you find numerous major complaints, it is a red flag that should send you in the direction of another prospective buyer.

Obtain a Gauge of Your Piece’s Value

Do not assume your jewellery is worth a certain amount of money. Consult with multiple resources to get a true gauge of your jewellery’s value. Look at the amount of money similar pieces sold for on Internet auctions. Get the piece appraised by several dealers. Even consulting with a pawnshop for a quote will help paint the picture of your piece’s true value.

Beware of Buyer Road Shows

Traveling buyer roadshows have become quite popular. They advertise seemingly everywhere to bring in thousands of customers across the country. These shows feature merchants who will buy jewellery of just about any type. From broken pieces to old ones, gold jewellery, and beyond, nearly every style of the piece with any sort of value can be sold at a traveling buyer roadshow. Though there are some credible buyers at these shows, they don’t always offer a suitable amount of money. Do not let your jewellery or other collectible go for the first offer floated out at a roadshow. Obtain several different quotes, consider the merits of prospective buyers and proceed accordingly.

To Mail or not to Mail? That is the Question

Some argue that it is prudent to work with trusted local appraisers rather than mailing your jewellery off to a business. Though there are some scam artists on the web, certain mail programs have their merit. As an example, Gold Smart utilizes a popular free Courier Pack System to purchase gold from customers. This no-risk program provides gold sellers with a free proprietary mailer that makes it easy to prepare and send gold items for appraisal. Gold Smart appraises the items on the day of receipt through immediate weighing and in-depth analysis. A licensed gold buyer then contacts the prospective seller to discuss the quote and ask if it is acceptable. If the prospective seller agrees to the price, payment is transferred to his account by the next business day. If the price is unacceptable, the item is sent back at no charge. Here is the bottom line when it comes to mailing in gold, jewellery, and other items: As long as the company is reputable, you should not hesitate to take advantage of their mail service.

A Word About Gold Value

If you are considering selling your jewellery because it contains gold, keep in mind that few pieces are actually pure 24-carat gold. Values differ quite widely based on how much gold is in the metal. Develop a firm understanding of the relative values before attempting to sell gold jewellery. Once you do some homework on the subject, you will find it is much easier to sell gold in Auckland.

When considering the sale of precious metals in the form of government-issued coins, most people think of gold. That’s not a surprise; gold coins have been around for centuries and command a lot of attention. They are practically ingrained in our culture. For example, what did pirates bury on islands? Gold coins. What were armies paid with when they marched to war in ancient times? Loot and gold coins. How did folks used to test gold for purity? Bite it. The story goes on and on. However, gold isn’t the only metal that valuable coins are made of, and investors stand a good chance to make a few dollars off of another choice as well: silver.

Advantages

The first big advantage of silver coins is that there tends to be more of them. Silver was obviously a lower value metal than gold, and it was often needed to break down the value of a gold coin into smaller parts when it came to exchanging. Just like gold, silver can be melted and reformed into more of itself when combined with other silver. And silver can be integrated into an alloy with gold to make it stronger, which is usually the case with jewellery.

The second advantage silver coins offer is that they were used a lot longer as a common currency. So that means a good number of them can actually still be in circulation to be caught by a watchful eye. A common example is the silver U.S. quarter coin. These stopped being made in the 1960s, but they look just like other quarters from the same decade. So, if one is not paying attention, he could be handing over a silver bit worth $5 to $15 assuming it’s just worth 25 cents. Believe it or not, many of these coins are found by accident because they sound different when dropped. The silver metal is lighter.

Third, silver coins with age have a double bonus when it comes to selling them. Not only is the precious metal itself valuable, but the age of the coin can add collectability to it, creating a numismatic value on top of the base price. This has been a common reaction when silver coins have been found dating back to the beginning of the 20th century or earlier. And if one is lucky enough to find a silver coin from ancient times, which does happen on occasion, the value can go through the roof if the coin is in good condition and not worn down heavily.

Generally, however, most silver coins that are being collected tend to range from after World War I or so (1916) to about just the first year of World War II (1940). This particular window has some of the most valuable silver coins available, and there is plenty of demand for them.

Floating Price Points

Keep in mind, silver coins go up and down with the silver market as well. While the collectability side of the picture tends to be steady, the rise and fall of silver’s spot price tends to create quite a bit of fluctuation in coin value. There have been years when silver was quite low, and suddenly the precious metal starts shooting up. This kind of metal spot price shift will have a ripple effect on all silver coins, regardless of their unique history.

Finding Ways to Sell Silver

Interestingly, unlike gold, silver coins are not the easiest asset to sell. While there are plenty of venues that will buy gold coins of all types, silver coins don’t have such a strong market in general. Part of the issue has to do with the fact that silver coins don’t command as high a value as gold due to the differences between the values of the two precious metals. Palladium coins, for example, get more attention even though they are not gold, again because of the high value associated with the palladium metal.

Sellers will also have to balance going through the trouble of selling a silver coin for its collectability, which can take a while to find the right collector, or simply selling the coin for its silver value alone. Both together are obviously the best return, but a high demand asset is and always remains only worth what one can actually sell it for. For those who are interested in just selling silver bullion for the metal spot price alone, then it’s probably smarter to focus on newer coins as their cost will be closer to the spot market in value than older coins with rarity involved.

The best silver coins to sell for spot price tend to be modern bullion silver issues that are .999 percent in silver purity. These will be government-issued and stamped with both the official seals as well as the amount of silver involved and its purity level. Canadian Maple Leaf silver coins are a good example. If you’re dealing with older coins in a collection, then you need to watch out for junk silver coins. These were quite common prior to 1965 and the U.S. issued the largest number of them. They are still valuable for silver, just not as much as a pure coin. That’s because the junk silver coins only contain at best 90 percent of the precious metal.

The most common channels for selling silver coins tend to be professional precious metal buyers who deal in silver among other metals, numismatic dealers (coin collector shops), some jewellers, eBay and online auctions, pawnshops, and payday loan stores, in that order. Clearly, the best way to go is with a professional silver buyer. Gold Smart, for example, provides sellers a very high-quality environment that teaches folks what they have, how it is evaluated, provides transparent pricing, and avoids hidden fees or traps. There are other venues, but many tend to be some other kind of operation handling silver buying on the side. Jewellers will consider silver coins to some extent, but it is not their primary focus. To the extent they can get a coin for a good sale price, they will buy, but jewellers primarily want to make a profit on the matter at the expense of the seller. eBay and online auctions are literally private sales, but there is a thriving market for silver coins. And the fact that one has the entire world as a market makes for a lot of buyers. That said, you are dealing with massive risk, and lots of people lose their sale and their coin to scams and lying buyers. Finally, the last resort tends to be pawn shops and payday loan stores. These venues practically steal coins from people with their pricing, but they rely on people being desperate for cash.

Gold Smart Just Makes Common Sense

Given all the above, and the ease with which someone can sell silver coins in person or online with Gold Smart, it just makes sense to deal with them on all things involving silver coins. They will even point out when an item has a serious collectability benefit, letting the seller decide whether to still sell. That’s what it means to be a professional. Find out more by contacting Gold Smart today about your coins.

The classic Rolex watch has long been a standard for timepieces, and many models of the brand have been made from gold, making these wrist accessories quite valuable with the increasing price point of gold these days. Rolex quality has always been a premium that timepieces have been measured by, and the fact that Rolex watches can include solid gold only makes them that much more desirable over time, especially those models that have been long discontinued. Many Rolex owners or family members who’ve received one as a gift or passed down through an estate have been quite surprised by this combination of value. Being Rolex, the brand has been obvious even to the least familiar with high-end timepieces, but the gold aspect is not nearly as well known and often a welcome advantage.

The Classic Demand for Rolex Watches

Often made famous in movies and by reference, Rolex watches have been as much a high luxury standard as jewellery from Tiffany’s, Mercedes for cars, Chris-Craft for lake boats and similar. Regardless of the materials used, Rolex watches have always been admired for the extreme level of quality, detail and precision used in the assembly of these watches. No surprise then, Rolex’s have been popular in two markets: brand new from retail as well as with aftermarket collectors and sales. Even broken and unusable Rolex watches still have a high demand primarily for spare parts that are original and no longer being fabricated as spares. That said, most Rolex owners are quite familiar with the amount of support and customer service provided by Rolex itself as well as its dealership network.

Unfortunately, where there is a high demand, there is also an opportunity for fraud. The more obvious path of fraud has been with outright duplication of Rolex watches, designed to look like the real thing but completely fabricated with cheap materials and intended to outright steal money from unwary customers. The other channel of fraud is to gut a Rolex of its original parts, leaving the shell as authentic but the internal pieces have been swapped out. This is a far harder fraud to identify without opening up the given watch for sale and has been a far more subtle problem. It’s also quite damaging as the value of a Rolex watch drops significantly when even one non-original part or non-Rolex part is found inside a watch. No surprise, smart owners have been very particular about who works on their timepieces both for maintenance as well as for repair.

Again, even non-functional Rolex watches have value and can be sold in a very vibrant market looking for these defunct watches. The piece to be sold won’t necessarily command the same value as a working Rolex, but there is a demand for watches that are not flawed, scratched or with irreparable parts. In many cases what might be a non-working watch for one party can be fully restored to a once-again valuable Rolex by another who has greater access to repair resources. And then, of course, there is primary gold value in the watch regardless of whether it is working or not. The gold alone could command a very substantial price for a broken watch, especially in today’s market which is five times the spot value of where gold was when many older Rolex watches were fabricated and first sold to the consumer market.

Identifying an Authentic Rolex Watch

As noted earlier, fraud and scams are very common with the Rolex watch markets, both as new units and aftermarket resales. However, many of the lower quality frauds can be spotted very quickly because they simply don’t follow the standards of Rolex that are obvious to a trained eye. For example, if a supposed Rolex watch comes with the case back being translucent glass or similar, the product is a counterfeit. In a similar fashion, any Rolex that has the message imprinted or engraved on it that the watch is made in China is also a fake. Rolexes have never been made with any kind of rubber component, so those that show up with visible rubber grommets, bands, edges or similar are counterfeit as well, even if they look really appealing. Another big standout tends to be the Rolex Oyster Perpetual model; this particular watch was designed with a screwed-back case. Those that show up without it are counterfeit models as well. Once found, any such fake watches should be avoided entirely. Fake Rolexes have such a notoriety, simply owning one without any intention to sell it can still get a person in hot water with law enforcement on hyper-alert for such products. It almost goes without saying, trying to sell one even for a low price and fully disclosed can still get a person in trouble as many jurisdictions have laws on the books banning any kind of fake Rolex sales, period.

Aspects that Add Value

Rolex watches age over time like anything that is used and worn, even if made of metal. The most noticeable area where the Rolex watch will show time is the wristband itself. Used watches will have bands that are stretched out and looser. Whether made of organic material like fine leather or metal such as gold, the bands expand over time. When a Rolex watch is updated with a new wristband, however, it regains a considerable amount of value over a similar watch the same age. No surprise, things that fit better tend to be more popular with aftermarket consumers and Rolex buyers.

Additionally, if the owner of Rolex has the original case and paperwork, it helps authenticate the original identification of the given watch. Every Rolex is part of a unique and limited production run, each one fully identified and referenced in accompanying paperwork and its dedicated case. For collectors, these aspects complete the knowledge and record about the given Rolex, achieving the full historical value of the wrist piece versus Rolex watches that are sold “bare” without any records. In the archaeology world, this would be referenced as the provenance of a relic, and the same idea applies to the Rolex. Understanding the time, context, and record of when the Rolex was made can be just as important as the watch itself. That said, Rolex watches without paperwork are not lost or forsaken; they too can still command a good price as experts know what to look for on the watch itself.

What will diminish the value of a Rolex unintentionally is a consumer attempt to refurbish the watch. This usually involves trying to self-clean the watch with household chemicals or having the piece cleaned and updated by a general jeweller unfamiliar with Rolex watches in particular. Doing so can actually damage the original make of the Rolex in question, which in turn causes its value to drop. The aftermarket demand for Rolex watches expects them to be in the original, unmodified state of being, even if that means they are in outer poor condition. It’s actually worth more in that condition than if someone goes through and starts applying a chemical cleaning that etches the surfaces of the metal involves, which can be very apparent on close inspection. A good example of this is when one takes a coin and puts it in a fast-food restaurant hot sauce. The natural acid in the hot sauce will eat away and clean the surface of the coin. It looks clean but, in reality, the acid has actually damaged the coin microscopically and that can’t be restored after the chemical reaction has taken place.

Pricing an Owned Rolex

Authentic Rolex watches tend to increase in value over time, not lose it. They are sought after, collected, traded, and rebuilt on a regular basis. While anyone with the funds can buy a new Rolex, those with a classic model from 20 or 40 years ago tend to have a higher status among luxury watch aficionados. And, after all, half the fun of having a luxury item is to show it off to others.  Keep in mind, however, the original retail price of a Rolex translated to modern times is a bit out of reach. That kind of a price figure includes all the markup of every business that was involved in bringing the given watch to the market for the consumer to buy it. Most Rolex’s will never reach the inflation-adjusted price they were sold for originally. Like a car, that price figure dramatically drops as soon as the watch is transferred and worn by the first owner. That said, an owned Rolex will definitely not sell for pennies. It will command a very substantial price that will accumulate depending on the rarity of the given model, it’s gold content, and the popularity of it on the aftermarket exchange. The Rolexes that due trigger very high demand tend to be the ones that have extreme rarity such as very vintage models, limited-edition runs, and bona fide antique Rolexes from decades earlier.

Getting Ready to Sell Your Own Rolex

If you’ve received a Rolex watch through an estate or you’ve had one for years and think 2021 is a good time to sell it to use the money for something new, there’s a couple of bits of advice to consider and take advantage of.

First, take some time to research your watch. The Internet is an amazing tool that anyone can use to find out basic information about a Rolex watch, a particular model and production run, as well as what people think about it. That immediately gives you a basic understanding of what’s in your hand if unfamiliar with luxury watches in general.

If you’re not sure what model you have in a Rolex watch, there’s a way to identify it. Each watch has what is known as a reference number. It can be located in the middle of the 12:00 lugs. The watch’s serial number, on the other hand, will be located between the 6:00 lugs alternatively. That said, this data is not available externally and one needs a specific tool to find and see them. Most folks use the paperwork they have for the given watch instead because the same information is printed there. To add to its information, proactive owners will have kept any repair and cleaning paperwork as well, adding to the profile of the given watch, which also affects its pricing. Finally, some Rolexes come with spare links, which should be included and kept with the given watch to be sold to complete its offering and set when evaluated. With all this information pulled together, an owner should go back online and perform some additional searches to refine his or her information about the given Rolex. With all of this data then collected, the owner now has a fairly solid record of what the watch is probably worth in general terms, its background and history in terms of production, and what the market considers a fair price range for the given watch.

Once one gets into the vintage or antique Rolex market, things get a bit squirrely. Much of this has to do with the wild swings that occur with collector demand for particular models and watches that were manufactured a long time ago. The earliest models date back to 1905 and the company became official in 1908. No surprise, there was a lot of movement of watches and jewellery between World War I and World War II, so a tremendous amount of paperwork, ownership, parts, and similar changed hands as well in the first 30 years or so of existence. Ideally, a vintage Rolex watch with all original parts command the greatest price and demand in the aftermarket.

Gold Smart Provides Local Help

As you transition to selling a Rolex, working with a gold dealer with a long-standing reputation of expertise and reliability is essential. Gold Smart can provide that critical resource. Transparency and trust are essential and Gold Smart places them in high value with every customer. Gold Smart ensures a fair price for all gold sales it handles, including Rolex watches and link parts. Please call or email for information if interested. We do not pressure any sales, and oftentimes Gold Smart staff spend extra time helping our customers with market education and what to look for with their holdings as well.

When people think of precious metals, jewellery and businesses like Gold Smart, their thoughts tend to gravitate directly toward gold. Though we buy plenty of gold pieces, we also purchase silver as well. It is time to stop thinking of silver as gold’s paltry little brother. Silver is quite valuable for its natural beauty as well as the fact that it is a key component of all sorts of products. Silver is used in many different types of jewellery to boot. If you have any type of silver, do not hesitate to have it appraised. This is the first step toward selling your silver for a fair amount of money. Let’s explore the main reasons why every potential silver seller should have his piece appraised before trying to cut a deal with a buyer.

You Deserve to Know the True Value of Your Silver

Bring your silver piece(s) on in for an appraisal and you will get a good idea as to what it is really worth. There are three unique types of values you should know about. Whether you obtain each of these values hinges on your personal preference as well as whether your silver piece has any sentimental value. The three values are as follows: cash value, insurance value and replacement value.

Cash value informs you as to how much cash you can get for your silver piece on the open market if you decide to sell it. If your piece isn’t worth much, it is probably not worth insuring. However, you will not have any idea as to the true value of your silver piece until you bring it in for a professional appraisal. If it turns out that your silver is worth a decent amount of money, it is prudent to insure it. An appraisal can also provide you with replacement value. This is the market value the insurance company will pay if the piece is lost. The insurance value, also known as “agree value”, is the amount of money that you and your selected insurer can agree upon in the event that the piece is lost.

The bottom line is you should always bring your silver in for an appraisal. It just might be worth plenty more than you originally anticipated. Or, it might be worth much less than you estimated. The point is you will never really know your silver’s value until you have a professional appraisal performed.

Purity

Silver is quite soft compared to most other metals. As a result, it can be worn out fairly easily. This is why silver is regularly combined with other metal alloys. Mixing in such metal alloys like copper serves to enhance silver’s longevity, rigidity and “wearability”. Merely glancing at silver will not provide an indication of its purity. However, jewellery marked with a number that indicates its purity might be present. High quality silver pieces often have such a number marker or marker’s mark. As an example, sterling silver pieces are usually marked with “925”. This is not to say that unmarked silver has no value. Silver without a mark and silver that does not qualify as sterling often has considerable value.

Silver purity is indicated with percentages. The highest silver purity is 99.9 percent. Other purity levels range from 80 percent to 92.5 percent and 95.8 percent. Take a look at a silver coin and you will have an example of 99.9 percent pure silver. Keep in mind that pure silver pieces are quite soft and can be damaged without extensive force. If you have a piece of silver that appears to be in poor shape, don’t assume it is worthless. Whether marked, unmarked, chipped, dented or in perfect condition, the only way to figure out the true value of your silver is to bring it to a professional for an official appraisal.

Scrap Silver has Value as Well!

Too many people toss their scrap silver or keep it in storage, assuming it has absolutely no value at all. The little-known truth is that businesses like Gold Smart are ready and willing to pay for scrap silver as well as damaged silver and just about every other form of this precious metal. The value of your scrap is based upon its weight, its purity and the specific cost of silver on the day you are looking to sell. Though scarp pieces of silver might not yield much money, they are of value to businesses like ours.

Do not lose sight of the fact that failing to sell your scrap silver will likely result in that piece collecting dust in your closet or basement. It is much better to get quick cash for your scrap than walk away with a useless piece that serves no practical purpose. Also, consider that Gold Smart recycles pieces of scrap after purchase. This is a serious boon to our increasingly sensitive environment. Your scrap metal will be recycled through a melting process that is used to create new pieces of silver. Some scrap pieces are melted and later used in an array of different products.

Sell Your Silver at Gold Smart

Gold Smart is interested in buying your silver, gold and platinum. Our customer service is top-notch and our prices are fair. We invite you to contact us today to discuss your pieces, our rates and other details pertaining to precious metals.

When it comes to weighing and valuing gold, the average person is often a bit confused in terms of semantics and pricing logic. Most laymen do not understand how gold is valued, what carats mean and why gold weight is so important. If your head is spinning, don’t fret! All of the answers to your gold pricing questions are explained below.

An Explanation of Gold Carats

The best way to think of a gold carat is as a reference to the gold’s purity. Gold buyers covet pure gold that is not mixed with additional metals. Readers are likely wondering why metals would be combined with gold. Such a synthesis occurs to boost the gold’s fortitude and durability. As an example, 10 carat gold is mixed with additional metals to improve its utility while 24 carat gold is gold in its pure form. Gold’s purity is one of the most important factors in determining its value. Another important variable is the physical weight of the gold. If you are interested in buying a solid gold bar, gold bullion or gold jewellery, be sure to check out their stamps. The stamp will tell you important information about the piece of gold such as its carat and overall purity.

Carat Semantics and Stamps

Carats are often referred to with the “K” symbol as well as “ct”. As an example, 8 carat gold is commonly referred to as “8K”, “8ct” and “333”. Don’t be confused by “333” and other number sequences. Such number strings are merely a means of referring to the gold’s purity percentage. A number string of “333” means the piece is 33 percent pure gold. However, it must be noted that 8 carat gold is not universally recognized as it has comparably low quality.

British Commonwealth nations are rife with 9 carat gold. This gold is often referred to as “9K”, “9ct” and “375”. A piece of 9 carat gold has 37.5 percent pure gold. Purchase 9 carat gold and you will have an incredibly strong and durable metal that can be used for jewelry and an array of other purposes. One of the gold market’s most common standards is 10 carat gold. Also referred to as “10K”, “10ct” and “416”, 10 carat gold contains 41.6 percent pure gold. It is desired for its rigidity and ability to remain intact across posterity.

One step up from 10K gold is 14K gold. Also referred to as “14ct” and “585”, this gold contains 58.5 percent purity. 10K gold is used at a high frequency and found throughout the marketplace. It is worth mentioning that Russian 14 carat gold is one-tenth of a percentage point less pure, measuring 58.4 percent purity. Those who own especially old pieces of jewellery might have a piece of 15 carat gold on their hands. Stamps that indicate 15 carat gold are “15K”, “15ct” and “625”. This gold is 62.5 percent pure. Since 15 carat gold production came to an end over 80 years ago, this style of gold typically exists in heirloom pieces.

Jewellery of the highest quality often contains 18 carat gold. Common stamps for such gold include “18K”, “18ct” and “625”. 18 carat gold is 62.5 percent pure. Those familiar with the gold and jewelry industries consider 18 carat pieces to be the standard for elite work. As noted above, 24 carat gold is strongly desired for its 100 percent purity. This perfectly pure gold is quite soft and fragile compared to gold of lesser carats. Common stamps for 24 carat gold are “24K”, “18ct” and “1000”. Since 24 carat gold is 100 percent pure, it is rarely used in the creation of jewellery.

The Importance of Weighing Gold

Gold’s physical weight must be measured in order to determine its true worth. Yet a piece can’t be placed on a scale to determine the weight of its gold components. Gold is a precious metal that has its own unique measurement known as the “troy ounce”. A single troy ounce is the equivalent of 20 pennyweights or 480 grams. If you are interested in selling gold, you will find that dealers use grams and pennyweights as common forms of measurement. It is prudent to determine your gold’s physical weight and carat measurement before attempting to sell it.

Gold Smart is in the Market for Your Gold and Other Precious Metals

Kiwis throughout New Zealand trust Gold Smart for fair pricing, friendly customer service and unparalleled transparency. We buy gold, gold jewellery, platinum, palladium and silver. Reach out to us for a competitive quote and more information about our gold buyers New Zealand business.