Inexpensive Handbags vs. Luxury Handbags

Less is not always more when buying a designer handbag, or is it if you buy for less and get additional value?

When I was in my teens and twenties, I would go to the local strip mall and search for a cute purse that I could buy. I didn’t have much money, and I often thought, “wow, why would anyone pay that much for a purse?” I would carry the less expensive; okay, let’s say it, “cheap” handbags and wallets thinking that spending more than $20.00 on a purse was excessive.

As I grew up, had children, and was launched into my career, my style and personal statement matured. By the time I was thirty, I had realized how much I had spent on inexpensive handbags that didn’t last long, went out of style, and I just thought they looked cheap.

These inexpensive purses were poorly made, and the materials didn’t hold their shape within a short time. My journey to save money added up to cash invested in nothing. I took a look around my closet and realized I didn’t have any of the inexpensive bags any longer because they had fallen apart or looked tattered.

As I grew into adulthood, I realized that the handbags I own and wear need to be chic sophisticated, and they need to make a statement of who I am. The only option is to buy designer handbags.

Knowing I was in the market for designer bags, I researched what was available and the cost. My designer handbag can range from a few hundred dollars to thousands. There are several types of luxury handbag designers. A Louis Vuitton bag, Gucci bag, Hermes bag, Chanel bag are all options.

The Louis Vuitton Bag

Louis Vuitton handbags have been around since 1859 when Louis Vuitton opened his first shop outside of Paris, France. He had 20 employees focused on making trunks and luggage for protecting goods when people traveled.

By the 1920s, the company was making designer handbags for personal use. Customers were excited about the quality of the bags and their craftsmanship. Designers in the company focused on quality, appeal, and durability, knowing the designer handbags would be a purse and a timeless piece that wouldn’t go out of style. A Louis Vuitton bag is an investment.

Entrupy Authenticates Luxury Handbags

The Gucci Bag

2021 was the one-hundredth anniversary of quality = Gucci. From a bellboy starting a business using alternative materials like imported leather and woven hemp, through family turmoil, to expanding to create shoes, bags, and accessories, the Gucci is now known worldwide.

Gucci is a designer handbag that holds its value as well as it holds its shape and style.

Loan On Luxury Handbag

The Chanel Bag

Once upon a time, in February 1955, the Chanel Flap Bag appeared, and the story unfolds for the next 25+ years and continues to gain loyal customers. Chanel handbags are comfortable and an accurate statement of fashion. The Chanel 2.55 came out in February 1955 and was the first designer handbag with a shoulder strap giving women the option to carry a purse off the shoulder, leaving their hands free.

Louis Vuitton shoulder bag

How Can a Mother, Daughter, Career-Minded Woman Afford Luxury Brands?

Men buy tools, cars, and electronics. Not that women can’t buy these things too. These things show status and taste. Women buy handbags, jewelry, and shoes.

Buying all of my handbags second-hand through the best pawn shop in the area, R&J Jewelry, and Loan, I save money, but I can also purchase luxury handbags that are a genuine article without paying a higher price than I can afford.

Big box stores sell beautiful and unique designer handbags in my area, but these bags come with a price I can’t afford or, more honestly, am not willing to pay. The designer handbag inventory at R & J Jewelry and Loan offers a great selection, and I visit them often because their inventory changes frequently.

A designer purse is a statement of style, sophistication, and style.

Of course, like everybody, I have purchased cheap, inexpensive bags from local big box stores, and they lasted a season. The zippers break, and they get tattered, scratched, and stained.

A high-quality, luxury handbag is just not at the same level as an inexpensive bag. A significant difference is the high-quality brand is made to last, and they are an investment. Designer handbags hold their value, but they also stay looking nice for decades. They never really go out of style, and their polished look brings a touch of chic to my look.

R&J Jewelry and Loan

I have been to many shops looking to find a designer bag at a bargain price, and I have shopped online for gently owned designer bags, but I have not seen the same selection or customer service I receive at R&J Jewelry and Loan.

I did a bit of math, which isn’t my most desirable pastime, and calculated out the long-term value of buying a designer bag at a higher price versus purchasing a cheaper bag at a lower price. Suppose I pay $2000.00 for a luxury bag, and I treat it like an investment for the next 30 years, wearing it twice a week, keeping it in its dust bag, and storing it in the original box when it isn’t being used. In that case, it will hold its shape and style, and I can pass it down to my children or sell it for about half the amount I paid for it.

The best-kept secret…when I purchase a luxury handbag as an investment to wear and enjoy, I always have cash in my closet. If I get in a pinch, I can sell my designer bags for the highest price.

The price I paid for it is nothing compared to if I purchase a cheaper bag at a big box store for $150.00 and then I have to replace it six months later because it tears or the zipper breaks. If I make two purchases a year for 30 years, I have spent a fortune for nothing. Which is the best price, a designer bag or a cheap bag?

People always want to sell their luxury bags because they are tired of them and want something different, or they need extra cash.

Pawn shops accept luxury bags as collateral for short-term loans in good and excellent condition. They also buy them outright. Some people don’t pay back their quick cash loan, and the pawnshop can then sell the bags so they can recoup their money.

This is great because the bags are then added to the luxury items for sale either in their pawn shop or through their website store.

You don’t have to worry about pawn shops selling stolen goods or goods that aren’t genuine. Pawn shops work with local police, check each serial number, and authenticate the luxury items they take in. The entire process for selling or pawning at a pawn shop is safe and confidential.

Pawnbrokers are experts and understand how to authenticate designer brands. It wouldn’t make much sense for a pawn shop like R&J Jewelry and Loan to buy, sell, or loan on a luxury brand that wasn’t genuine because they would lose money.

Diamonds, Gold, Silver, Fine Jewelry, Luxury Watches, and Luxury Bags Are Waiting at R&J Jewelry and Loan.

R&J Jewelry and Loan also has a vast selection of fine jewelry, Rolex and luxury watches, and other brand named items for affordable prices.

They offer the highest price possible when buying an item outright, so they draw in customers who have great things they want to sell and get cash for.

Are you living in the greater Las Angeles area in the communities of Santa Clara, Los Gatos, or San Jose? R&J is nearby and is a full-service pawn shop offering pawn loan buying and selling services and has a great selection of affordably priced high-value items for you to purchase. There is no loan amount too large for R&J Jewelry and Loan. The pawn shop is family-owned and has an extensive history of providing customers with top dollar for their items.

Are you going to Las Vegas? Come by the store and bring us a high-value item to sell or pawn for extra cash. The quick cash you get can be used to finance your trip or help you with expenses while you are in Las Vegas.

Need to sell designer handbags safely stored in your closet to make room for new ones? Bring them by the pawn shop, and the pawn broker will value them and give you an offer. Whether you are a teen, twenty, thirty, or more visiting a pawn shop for items that may sell for more money on the resale market is a wise decision. Pawn shops have items that still retain a high value on the resale market for much less when compared to department stores. As a teen, I didn’t know what a pawn shop was. In my twenties, while I was giggling with kids, launching my career, and making ends meet, I not only visited pawn shops for designer brands, I made purchases and, from time to time, sold and pawned items. Now they are my one-stop-shop for so many things.

Knowing that R&J Jewelry and Loan, the professionals will work with me and find me the luxury handbags I want and give me top dollar for the ones I need to move on to someone else, provides me with options.

Visit our website and see what we have to offer. You won’t be disappointed. https://www.randjjewelry.com/

How To Sell Gold and Silver Bullion and Coins.

With the price of gold and silver going up and then down a bit, how do I know when to sell and when to buy?

The adage of selling high and buying low applies to almost everything in the commodity market. Gold dipped to $1835 per ounce and then shot back up to its highest price in March 2022, selling for $2056 an ounce. Watching the market and the spot price of precious metals is the key to getting a fair price for your old silver, gold, and silver coins, silver bars, scrap silver, sterling silver, bullion, and other precious metals.

Why is gold and silver spot price going up and down?

In late February 2022, the USA warned that Russian intended to invade Ukraine. There is tension all over the world with what is going on abroad. The United States has sent troops from Ft. Bragg, NC, to Poland as a part of NATO to help Ukraine people flee to safety. The U.S. is supportive and has sent Ukraine ammunition, small arms, and other defensive weaponry.

During times of global tension, the market price of gold and other precious metals goes up and will fluctuate as situations change.

According to experts, the federal interest rate is expected to continue to rise at least six times during 2022. It is presumed that the interest rate will be greater than it has been since 2005.

Since March 2020, the feds have purchased $4.5 trillion in treasury bonds and mortgage-backed securities to stabilize the financial system and lower long-term rates for consumers and businesses.

Inflation is here and ugly right now, contributing to economic uncertainty and how the spot price of gold and silver fluctuates.

Bank loans will cost more, gas prices are soaring, and food prices and supplies are waxing and waning, contributing to how consumers spend their money. Things like farm equipment, employees, etc., are reduced so businesses can watch their spending.

Individuals and companies are trying to save because interest rates may increase even more. When individuals and companies take a conservative approach to spend their money, money becomes less available, and spending decreases.

Spending Cautiously

Consumers are more likely to approach spending with safety. They are slow to burn through reserves right now, anticipating a rise in interest rates and other risks that may be on the horizon.

These things all affect gold and silver spot prices, and buying them is an investment during periods of political and economic uncertainty. Half of the gold consumption in the world is in jewelry, 40% in investments, and 10% in industry.

Gold holds its value in weak economic environments.

Investors are flocking to gold and silver bullion during the last year to protect their business and personal wealth. Gold and the U.S. Dollar

As the U.S. dollar rises in value, the value of gold falls. The same is true inversely. The strength of the U.S. dollar is related to interest rates. Gold may be far more efficient than cash as storing wealth. When you look at inflation, currency may lose value.

Gold is recognized as having a long-term record of stability, and investors are making it a part of their investments today.

Spot Price, What is it?

When buyers buy gold, sellers will raise the price, and buyers will buy lower if sellers are flooding the market. The influences on the price are extensive.

When the geopolitical and economic situations are tense, gold prices go up and the current silver price. Currency markets are a driver in the spot gold price. As the dollar rises, it makes gold relatively more expensive for foreign buyers and can cause declines in the spot price. Inversely, gold prices rise as the dollar weakens, and gold is less costly for foreign investors.

The price of gold and silver is based on someone buying the precious metal “on the spot” or, in other words, at a specific moment in time, it is paid for and delivered. The price will fluctuate with the market.

If you want to sell your silver or gold, remember to sell it when the price is high, so you get the most money possible. If you will buy silver or gold, make sure that you do so when the market price is lower to invest in for future sales.

Troy Ounce

Gold and silver are bought in a troy ounce. A troy ounce is a unit of measurement and equals 31.1034768 grams or 1.09714286 ounces.

Purity

Gold price is based on 24k gold or the purest form of gold at 99.9% pure. Like gold, silver prices are based on pure silver or .999 silver. The object will be marked 999 or 99.9% pure silver.

How the spot price is calculated is critical to understand as you get ready to buy and sell gold and silver because you will get paid according to how much silver and gold are worth on the current market at a specific moment in time.

Knowing that the price is based on the purity of the precious metals makes it possible for you to determine what a fair price would be to compare prices when trying to sell online or in-person like to a local pawn shop.

Several places buy and sell silver and gold. Most of the valuable silver items you find on the market are made of sterling silver, containing 92.5% silver. Pure silver is too soft and malleable for making jewelry, flatware, and other objects. The same is true for 24k gold, and it is slightly softer and scratches easily. This is why most jewelry is made from 18k, 14k, and 10k gold. You will also get a better price on jewelry made from 14k and 10k gold at a jewelry store because it is less pure. The purchase price of jewelry depends on the purity of the metal used in the jewelry and what gemstone is included.

Do Research Before Buying and Selling

Bullion coins, silver coins, silver bars, and bullion all sell well when considering selling precious metals. A bullion dealer, an online dealer, a local buyer, auctions, pawnshops, and private buyers will all buy and sell gold and silver.

Make sure that whomever you are dealing with is a reputable buyer.

You can research online reviews, check with the better business bureau, and look for details on a dealer’s website to decide if the shop you are dealing with is a safe place to sell and get a reasonable price.

Rising coins and blank shopping bags on black background. Rising prices or inflation concept. Mock up
Online Dealer

There is always a long list of online dealers when you search for selling gold and silver. Online ads will pop up regularly saying where you can sell your silver and gold. Selling your silver and gold online is an excellent way to do comparison research, and it allows you to interact with different dealers worldwide. You can compare silver prices.

Online dealers buy numismatic coins and bullion coins throughout the world. They will often give the best price but remember, a sale will involve shipping costs. Goldsilver.com is an easy place to buy and sell silver online but remember you will have to wait for payment, so the payment isn’t instant.

Coin Shop

A local coin shop or coin show may be an option to buy and sell silver and gold. Coin shops also have a retail market they work with, and they know what a fair price is for collectible coins. Silver coin shows are a great place to take your silver coins if you want to sell them. These shows have interested buyers, so you may be able to move your coins quickly. It’s also fun to see the random collection of coins.

Private Buyers

Private buyers on Craigslist or online will also buy silver and gold. Private buyers may be willing to say they will pay more for high-quality items, but there is always the risk associated with private buyers. Safety is vital in these transactions.

Online Auctions

Online auctions like eBay can be another place to sell your gold and silver. These have large audiences multiple bids, and you could get a good price, or it could be undersold as well. Unique silver items like antique silver flatware may do well on an auction. Multiple bids can help in the selling process, but you will still have to wait for your funds until after the auction closes and a deposit is made.

Pawn Shops

Pawnshops are an excellent place to visit if you are in the market to sell or buy silver and gold. Having experts who know coins, silver coins, gold, fine jewelry, scrap silver, silver bars, silver bullion, sterling silver, junk silver, and bullion coin, pawn shops are considered gold buyers.

Pawn stores can be found locally, making it easy to visit and speak with an expert in person. They have large retail showrooms where they sell silver, gold, coins, sterling jewelry, and gold and diamond jewelry. Some pawn shops are like jewelry store with more affordable prices.

Because pawnshops have experts who can appraise your valuable silver, they can tell real silver from fake and what purity your gold may be. The selling process is easy because an offer is made once appraised, and you get cash immediately if you agree with the offer, and there is no waiting.

If you want the most cash you can get in an expedited process; a pawn shop may be the answer. If you have silver and gold jewelry you don’t wear anymore, and maybe they have silver markings, it may be an excellent time to gather them up and see what your selling options are at a pawnshop.

Pawnshops will appraise gold and silver items like silver rings with silver hallmarks, silver flatware, old silver, junk silver, sterling silver, gold bullion, gold coins, and more. They also consider luxury items like Rolex, diamonds, and luxury handbags.

As you look through your things and decide if you are in the market for buying silver or selling gold or both, look at what you have that might be silver plate, electroplated nickel silver, or sterling silver.

Silver plate and electroplated nickel silver may not be worth as much money but may have some value to a pawnshop. Plated silver will be marked with a PNS. Sterling silver will be marked with a 925 because it is 92.5% pure silver.

Scrap silver and scrap gold are worth money and typically are broken pieces of jewelry. The pawn shop will buy these items, act as the middle man, and send them off to a refiner for melting after they are purchased.

Living in San Jose, CA and Need a Reputable Bullion Dealer?

R & J Jewelry and Loan

At our family-owned and operated pawn shop since 1978, we have built our reputation on personalized services and our extensive jewelry selection in a variety of price ranges. We strive to set ourselves apart from other pawnshops by offering real money for your items.

Fair and reasonable offers are how we do business.

At R & J Jewelry & Loan, we will buy your items or give you a cash loan to get you through the rough times. We buy gold, silver, gold bullion, diamonds, silver jewelry, and luxury handbags and watches. We are a reputable dealer, and we will treat you somewhat, getting you the most money for your things.

If you have gold jewelry, silver with silver hallmarks, Rolex or other luxury watches, diamonds, silver jewelry, we want to offer you free appraisal services to get you the best price.

We also have an extensive retail store with affordable prices to buy valuable silver items, gold items, luxury watches, or other fine jewelry if you are in the market.

Here at R & J Jewelry & Loan, we pay cash for a wide variety of products. Gold, diamonds, jewelry – you name it, we can help. When you come to our pawn shop in San Jose, CA, you can be sure you’re dealing with EXPERIENCED and dependable professionals. Trade your unwanted items at our pawn shop.

We will buy, sell and trade all types of items like Jewelry, Gold, and Luxury Accessories.

Gold Buyers San Jose & Loan will buy Gold Bullion in San Jose, diamonds, and jewelry, and the pawnshop accepts unwanted things.

We will purchase, sell, and exchange goods. We are the leading Gold Coin Buyers in San Jose, CA, to buy your scrap gold.

Clear said, “We are currently buying gold in any form or condition, including coins and jewelry. Fair market prices paid, no games. Bring your gold to our pawn shop in San Jose, CA, and get instant cash on the spot.”

Reviews Say It all When You Do Comparison Research
Loans

Fantastic service. I needed some bridge loan funds for a couple of months. Brought in my Patek and A.P. and was funded that day They worked with me, very professional. I picked up my watches last week, never could be more happy.”

Jewelry – Retail

For being a pawn shop, the jewelry and display setup they have is very impressive. They offer a surprisingly wide selection of jewelry for both men and women, and you can ALWAYS catch a good deal. I wanted to get a new watch, so I stopped in, and sure enough, I was able to find a great deal on a lightly used Rolex that I loved!”

Please stop by and see us today!

WHY IS EVERYONE BUYING GOLD?

Why Is Everyone Buying Gold?
Why Is Everyone Buying Gold?

Gold bars, gold bullion, gold jewelry, gold coins, gold by the ounce, gold by the gram; it seems like everyone is buying gold or selling gold.

Maybe it’s not such a good sign when you consider gold as a hedge against inflation or financial disaster. Gold has had a great year, and it doesn’t appear that this will change anytime soon.

A survey completed in the summer 2o2o summarized that one in six Americans bought gold or other precious metals in the last three months, and about one in four were seriously thinking about it.

Gold Bugs

Gold Bugs

Are we all Gold Bugs? Borrowed from the title of the Edgar Allan Poe story “The Gold Bug” (1843), this label by the 1870s referred to anyone who favored basing the United States monetary system on gold and excluding silver. “Gold bug” (sometimes spelled “goldbug”) is a term in the financial sector of the world to describe someone who becomes highly bullish on the commodity gold for investment purposes or standard for measuring wealth.

Many young and older adults will buy and trade gold as part of their business and personal financial portfolio with the current gold market price. Both gold and silver market price is high. If you can buy gold and silver now, what will it be worth as things change in the economy?

The USA economy is turbulent right now, and people are concerned about inflation and the cost of goods. People want to find gold and silver to purchase to use these precious metals as a part of their financial portfolio and a hedge against inflation. Creating a portfolio that is diversified seems to be the best goal.

In this country, the US, there is a range that gold and silver sell for, and this changes daily. The spot price is the price the gold and silver sell for at market value. It is vital to check spot prices to buy and sell at the best prices.

The gold industry has competitive prices, and the gold industry itself is competitive. Establishing a relationship with a pawn shop or gold buyer is essential when you are buying to add to your financial portfolio.

It is vital to understand how gold bullion and other precious metals are bought and sold if you consider investing in them.

Troy Ounce

Troy Ounce

First, silver and gold bullion and other precious metals are weighed using a troy ounce equivalent to 31.1034768 grams, and an ounce is equal to 28.349 grams. The troy system is a system of units of mass that originated in the 15th century in England. The troy weight units are the grain, and the troy grain is equal to the grain unit of the avoirdupois system. The troy weight system is used in the special metals industry because it helps ensure purity and weight standards are consistently met.

Spot Prices

Spot Prices

Second, it is essential to learn the spot price for gold and other metals you want to buy and sell. The spot price is an economic concept, and it is determined by supply and demand or the numbers of buyers and sellers interested in the precious metals being bought and sold and how much is available.

Limited availability + high demand = higher market value price for that commodity.

The name spot price comes from the “deal” being done on the “spot,” meaning it needs to be bought, paid for, and delivered immediately or “on the spot.”

Every day the spot price of precious metals goes up and down. The spot price of gold and silver is available online and is used to calculate the market prices of the precious metals you want to buy, sell, or trade. Goldcalc has a gold spot price calculator, making it easy to determine what your gold is worth. Don’t forget that all gold buyers have a premium deducted from the price.

Gold Purity

Gold Purity

Gold has different purity. All gold spot prices are based on gold being 99.9% pure. 24k gold is considered “pure” gold without traces of other metals. 24k gold is soft and bright yellow. It is mainly used in gold bullion and gold coins because it scratches easily and, therefore not always a good choice for jewelry.

18k gold is 75% pure, 14k is 58.3% pure, and 10k is 41.7 pure. The weight of gold is measured in troy ounces; however, the purity of gold is The weight of gold is measured in troy ounces; however, its purity is measured in ‘carats.’ Since the spot price of gold is based on gold being 99.9% pure, the more other metals are in the gold, the less refined, the less it’s worth.

gold coin
Photo Provided By 2nd Markets (Click Image For Source)

The Gold Coin

Gold has always been a part of the international monetary system, and gold coins were used before paper money. Around 550 BC, the first coins were struck in an area now known as Turkey. An earlier gold coin, the Ying yuan, was minted in ancient China, with the oldest ones being known from the 5th and 6th centuries BC. Some were large and used for high-value exchanges.

In the US, gold coins were used for commercial transactions from 1795 until 1880. The first gold coin struck in the United States was the 1787 Brasher Doubloon. The privately minted coin is one of the most important coins in American numismatic history. Ephraim Brasher made the unique coin along with six others. It was struck it was worth about $15.00 and was being sold at auction for 15 million dollars. If you were to find one of these, your investment portfolio is “golden.”

Investing in buying and selling gold coins is a relatively low-risk option because it offers security. Gold is a tangible asset that always seems to hold its market value. Gold coins will bring a slightly higher premium over spot price due to the extra costs associated with minting and the commemorative nature of their value.

Gold Bullion

Whether it is silver or gold or one of the other precious metals, bullion is a non-ferrous metal that has been refined to a high standard of purity. The term is ordinarily applied to the bulk metal used in the production of coins, and gold bullion is a refined and stamped weight of precious metal.

Like gold coins, gold bullion is considered a good investment. Gold bullion is also known as a gold bar or gold ingot. It consists of high-quality refined metallic gold of any shape made by a bar producer. It has to meet the standards and conditions of the manufacture, labeling, and record keeping. A mold is used for large gold bars, and the mold is called an ingot.

Gold bars and bullion are sold at spot price, just like any other gold. Bars and bullion are considered suitable for investment purposes because gold holds its value over time. Gold bars and bullion can typically be purchased and sold at a lower price premium.

Price Premiums

Premium over spot is a mark-up over the market price per ounce. Depending on precious metals, the premium over spot will differ. Typical price premiums for gold are about 5-8 percent. As mentioned above, the spot price of gold fluctuates daily in response to supply and demand. When there is more demand, premiums may be higher as well. This is due to fewer sellers willing to part with the precious metal. A premium is applied when a buyer wants to buy physical gold and take possession. The premium is the cost of production and distribution.

How Do You Decide to Buy Gold?

Research Gold and Buying Gold as an Investment Purposes

After researching and fact-finding about what is worth buying and what is worthless and a waste of time and money, decide what kind of gold you are interested in buying.

Doing some research and building your knowledge about gold, the types of gold, the forms of gold, and the services that produce gold sales will lead you to decide with confidence.

Take an Analysis of Your Financial Situation

Before you dive into buying gold, do an analysis of your current financial situation, your short-term goals, and your long-term goals. When purchasing precious metals for investment purposes, it is essential to remember all investments take time. Seldom do people buy gold for an investment and then turn around a sell it quickly for a fast dollar. Knowing what you have to invest in, watch gold prices past and current, and understand how to buy low so you can sell high. Contact gold buying experts to discuss your plans so you make good decisions on diversifying your investments for long-term secure investment purposes.

How Do You Decide to Buy Gold?
Decide on the form of gold you would like to buy.

Are you interested in gold bullion, bars, or coins? As you did your research, you can see that each form has its unique characteristics and purpose. Knowing this information will help you with your purchase.

Find a Reputable Gold Seller Who Has Precious Metals for Sale

Now you have to decide where to buy the gold from. Next, do your research and identify a reputable seller. US mints do not sell directly to the public; however, they have a list of Authorized Purchasers.

R& J Jewelry and Loan

Reputable pawnshops like R&J Jewelry and Loan may be an option. People will come in and secure a collateral loan against their gold or coins and may default. If this happens, the gold becomes available for purchase. Also, the pawnshop buys gold outright. Customers have posted reviews and talked about how friendly, professional, and discreet R&J Jewelry and Loan’s gold buying process is.

R&J Jewelry and Loan inventory is vast and often changes, so make sure you phone ahead to see what is available. Established in 1978, R&J Jewelry and Loan is a family-owned pawnshop that built its reputation on personalized services. As a pawnshop that understands the value of gold and silver, they are happy to consult with you if you want to buy, sell, or pawn your luxury items. Of course, visit the pawnshops’ website, so you can see what others are saying about their reliable service.

Safe Storage Options

As the final step in your gold buying journey, research and prepare a place to store your gold. There are third-party storage options, vaults, and a safe or lockbox at home. Home safes can also be used for other purposes like storing essential papers, bonds, currency and money, silver, other precious metals, and more.

You want to account for the gold you have by keeping records and then having it stored in some reliable location where it is safe. Some gold owners want to display their gold and do some research. After all, this may pose a security risk because people may know how much and what type of gold you have. You certainly don’t want to entertain a thief.

Why Is Everyone Buying Silver?

WHY IS EVERYONE BUYING SILVER?

Start Small with Silver Bullion, Silver Bars, and Silver Coins

As a new investor, investing a great deal of money into gold might be intimidating or scary. You certainly know after doing your research that gold values are high, and it will cost some money to invest. There are tools available to help you see the current spot price and calculate costs.

These same tools are available for silver. Silver holds its value as all precious metals; however, it is not nearly as expensive as gold. If you want to “practice” buying and selling precious metals, you could start with silver bullion, silver coins, or silver bars. There are on line services that include shipping, and again don’t forget to visit R&J Jewelry and Loan.

Start somewhere…Now is the time to invest!