coins

Buy Gold in Greensboro NC

If you want to find a quality gold seller in Greensboro NC, here are some places that you can check out for yourself. Buying gold has never been an easy affair and you always have to be on the lookout for fake gold dealers. You need to find a reliable and state authorized gold dealer who will not give you plated or gold-filled jewelries or other gold items that look as if they are genuine gold. Here are some of the more trusted stores that you can go to if you want to be sure of what you are buying in Greensboro.

Ashmore rare coins and metal has been in the gold buying business since 1987. They have been a wholesale dealer of precious metals for more than 25 years and are well known for buying from Jewelers, gold dealers, and pawnbrokers across the state. The owner of ashmore rare coins and metal has personally stated that he consistently pays the most for gold, platinum, and silver in the area.

The Second Hand Cash offers you a vast array of precious metals jewelries since they themselves buy second hand jewelry as well. You can choose from old to new designs also designer stuff as well. They also sell gold coins if that is what you are looking for. They have a courteous and professional staff who will educate you all about buying gold and gold items. You can also trade gold items with them if you prefer. All of the transactions in the store are videotaped and they submit pertinent documents to the state as well hence you can rest assure that they are legal metals dealers.

The Gold-N-Silver Shop is just what their name states. You can shop for endless types of designs in gold jewelries and even whole estate collections for your own enjoyment. Their location is on a very secure spot in the area and they also have a comfortable ambiance for their clients. They are a family-owned and operated company and so you can expect the warm hospitality that is common with locally owned companies. This store operates by buying second hand items from their customers and then selling them after being repaired. So you can be sure to find a wide variety of designs that will fit your needs. They also have a collection of gold coins for you to choose from if you prefer investing in coins. They have a large collection due to their big buying capacity.

In both these stores, you would need to submit sufficient documents to comply with state rules and regulations. Aside from the usual age requirement, you would also need to submit a valid identification which they in turn will submit to the government.

Find where to buy or sell Gold Greensboro NC, by visiting these locations:

Ashmore Rare Coins & Metals
5725 W Friendly Ave, Greensboro, NC 27410
336-617-7537

Second Hand Cash
3901 High Point Rd, Greensboro, NC 27407
Email: frank.morgon@secondhandcash.com
www.secondhandcash.com
336-285-8062

Gold – N – Silver Shop
4612 C W Market, Greensboro, NC 27407
Email: gnsgold@gmail.com
Fax: (336) 292-4018
336-292-4017

Carolina Silver And Gold LLC
1700 Stanley Rd, Greensboro, NC 27407
336-299-7061

Cass Jewelers
5701 W Friendly Ave, Greensboro, NC 27410
336-292-1736

Spring Garden Jewelry and Loan
3015 Spring Garden St, Greensboro, NC 27403
336-292-7296

Money Unlimited Pawn & Sales
2607 S Elm Eugene St, Greensboro, NC 27406
336-543-2106

Greensboro Gold & Diamond Exch
3027 Randleman Rd, Greensboro, NC 27406
336-275-3007

S & J Enterprises
620 S Elm St, Greensboro, NC 27406
336-271-6755

Billers Jewelers
546 Huffman Mill Rd, Burlington, NC 27215
336-584-1700

Videos of gold buyers and sellers in Greensboro, North Carolina:

Ashmore Rare Coins & Metals

Second Hand Cash

Gold – N – Silver Shop

1 oz Gold Coins

Most experts agree that 1 oz gold coins are the best types of investment when it comes to buying gold. Aside from the ease with which these coins can be stored, they also entail lesser expenses for the buyer. The characteristics of this type of coin make them one of the most sought after coin in the market in terms of investing. The one ounce coin has been the most popular in the Western hemisphere and has become a sort of standard when it comes to buying gold coins. Aside from that, you can easily know how much your coin is worth since the amount or price of gold at the market is usually expressed in terms of one troy ounce.

One ounce gold coins became a fad with the advent of the African Krugerrand. This coin, which was made from a lower karat of gold but has a weight of one ounce, became popular with investors since they are able to get a larger amount of gold at a lesser premium. Most of the coins that time were smaller in weight but could be bought at a higher price only due to the cost of production. With the lesser premiums came greater demand for the coinage which was produced by South Africa. Although this demand was checked by the temporary ban on the coin due to the apartheid system during that time, it nonetheless left its imprint in the international market for gold.

After this, other countries began developing their own one ounce gold coins – the Australian Kangaroo, the Canadian Maple Leaf, the Chinese Panda, the Austrian Philharmonic, and the American Eagles and the American Buffalo. Most of these coins are made from 24 karat gold exempting the American Eagle which has an alloy to make it sturdier against handling. Pure gold is very soft and is not good if handled too much or dropped. They are easily disfigured but with an alloy, it becomes more viable for storage.

Compared with other sizes, the one ounce coin is still considered to be the best when it comes to investing purposes. The smaller types of coinage have higher premiums than that of the one ounce coin since the cost of production is usually just the same but the gold content is lesser. Larger pieces such as ten-ounce and one-kilogram coins are just not that easily to transport and cannot be divided or split easily if you are in need of smaller quantities. Hence, these types of coins are usually produced at lesser quantities and are only bought for other purposes aside from investing.

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Aside from these reasons, it is also good if you can easily assess the value or worth of your gold at the current market price – which is expressed in one-ounce terms. When investing, information is definitely a good device. So if you can easily compute your investment’s worth – which is in one ounce coins – then it will be better for you. One ounce gold coins are definitely a better choice when thinking of investing your wealth in gold coins.

Gold Dinars

Gold dinars are now being suggested by the Malaysian government as a means of exchange in the Arab countries. Although a gold dinar has been used during the seventh century by Islamic rulers, the coin has since stopped circulation and minting due to the common wars and other political and economic problems that those rulers incurred during their reign. But now, the use of the gold dinar is being proposed as a way of either ending the dependence of the Islamic world in the gold of European and Western countries and also to take some control in the global economy.

It was in 2003 that the Malaysian Prime Minister proposed to create a gold dinar in order to boost the economy of the Arab countries and also to be a means of exchange for the trades that are done between Islamic nations. It will perhaps be a way of equalizing the differences between the various Arab currencies who in their own are experiencing some economic problems. So, with this in mind, the Arabs are now finding a way on how they can even out the problems that the Arab countries are now facing.

It is not yet known which country would be producing the gold dinars and what they would weigh exactly but if they will be used as a contender for the gold bullion coins that are now being used and circulated in the world, then they would probably be at about one ounce being a standard unit of measure for bullion coins. Aside from that, they may try to catch up with the purity of the Canadian Maple which is pure gold. If the coin will be produced in Malaysia, then it will probably have a face value based on the Malaysian currency which is the Ringgit. According to some sources, it might probably be about the same weight that was used by the earlier versions of gold dinars which is about .12 of an ounce.

If the idea will be carried out in the future, then the West will definitely have a tough competitor for the gold bullion market. Aside from the current leader, the Krugerrand, there will then be a lesser consumption from the Arab nations as they produce a gold coin of their own. Aside from the gold value of the coin, it will also even be used as a currency which will make it as a standard unit of trade in the Arab countries. There has been a push recently by some countries to stop dealing in the U.S dollar in exchange for buying and selling gold dinars in exchange for goods, and commodities.

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If this will be the end result of the production of Arab gold dinars, then there will definitely be a change in the world economy in the future. Since the price of gold is usually dictated by demand, then a lessening of the amount purchased will produce a significant effect on the price of gold in the international market. Although this might mean some possible disaster for some, it may a great boost for the failing Arab economy in the future. Aside from that, it will give them a type of identity in the area of gold coins.

50 Dollar Gold Coin

The 50 Dollar Gold Coin comes in a few different manifestations or varieties. One of the best ways to invest in gold is by buying gold coins. Gold coins are available in different weights and karats which determine how much a gold coin will cost. One of the easiest and most preferable ways of investing in a gold coin is by buying the largest amount of weight in the most comfortable unit possible. Buying greater weights of gold will actually lessen the amount of premium that you would need to pay for a gold item. Such premiums of course include the labor costs and the transportation and insurance costs which would entail the delivery of the coin. If you wish to cut back on these costs, the best thing that you can get is the 50 dollar coin. They contain one ounce of gold in a single coin thereby cutting down on the costs. You can get these coins in either the American Eagle coin or the American Buffalo coin. They all have a face value of fifty dollars though their real value is way worth more than that especially now that an ounce of gold is valued at more than $1,700.

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The American Eagle 50 dollar coin contains 1.0909 ounces of gold with a purity of 91.67% or 22 karats. This is a good investment if you are looking for a gold coin that is hard and will not easily be damaged by handling. It contains an alloy of copper and silver which contributes to its color and toughness. The excess weight gives you the exact one ounce of gold in the coin which is a good thing if you are looking for coins that really contain what their certificates say. It is one of the most popular coins in the world will easily be traded due to their renown. The $50 American Buffalo however is for the keener gold investor. It contains a purer type of gold which is 24 karat but one of the downsides to this is that it can be easily damaged when mishandled. So the type of coin that you may buy will depend on your preference with what type of gold you would like to have in store.

Gold investing with coins is one of the most secure ways of storing your wealth for future use. The buying of this precious metal should however, be done with the wisest decisions in order to arrive at the best possible outcome for your investment. Not all types of gold items will give you the best rate of returns as they are all priced differently depending on the costs of production and also the design and other characteristics such as rarity and age which can all affect the price of gold. Although gold value is determined by its weight and karat, some factors such as historical value and design will affect how a gold item is priced by a seller. So, if you wish to invest in gold coins, you should understand the various factors which may come into play and act according to what your particular investment needs may be.

Gold Proof Coins

Coin collecting with gold proof coins can be an effective way of investing your money in gold. Placing your money in gold is a good way of preserving and even increasing the value of your money for the years to come. Since gold is one of the commodities in the market which continue to improve their value, it is only a matter of common sense to invest in this precious metal. There are a lot of reasons for investing in gold and beauty is one of them. Those who are in the lookout for excellent specimens for a recently released gold coin may often opt for the proof type of coins which have a much clearer outline of the coin’s design and also a mirror like effect which is much preferable if you like to collect coins with an excellent form.

Although these proof coins actually costs a lot more than the regular or bullion types, there is a something more special when you buy gold proof coins. They are made from specially made blank coins which are manually fed to a press which has a special die made for proof coins. Some dies are also especially made for proof type of coins which adds to the cost of production since they would need to make another die. They are pressed repeatedly about three or four times in order to get that mirror like effect on the coin. This is one of the reasons why proof coins actually cost much more than the bullion types. The cost of producing these coins help increase the price of the coin whereas it also contains the same amount and karat of gold as the normal ones.

Proof coins are usually bought by gold coin collectors who can afford to spend that much on a same coin which only is made with a more detailed process and also a better blank. But although the designs are just the same, the quality of the image is much better in a proof coin. This is why most precious metal coin collectors will prefer the proof type rather than the bullion type. It is for the image in the coin and its quality which they are after and not on the actual gold itself. This characteristic of the coin also helps increase its selling value which although may not match for its increase value due to gold content, may be an leverage factor in buying such a coin.

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The limited numbers of proof coins that are produced make them also much expensive to buy even when they are bought second-hand. Some mints produce only about a hundred making their scarcity a determining factor in pricing the coin. Aside from this, proof coins are also packaged differently than the normal ones being packed in individual cases made from either leather or wooden boxes, giving a good way of showcasing the coin for your friends and relatives. Either way, if you are buying gold coins to enjoy their design, proof coins would be the best way of getting them.