Every time you go for a pair of earrings, do you find yourself picking through pounds of jewelry that you do not wear anymore? Have you collected enough jewelry over the years to smelt it down and cast a car? If it is just sitting in that box, consider selling it for some extra cash right away. There are plenty of dealers out there who specialize in the metal trade. They are willing to buy a wide range of things that you may have been allowing to collect dust. They welcome anyone selling coins, they will consider buying antiques and collectibles, like antique pocket watches. They are antique jewelry buyers, and are interested if you want to sell estate jewelry. Because the bulk of their business is through coins, they are most often referred to as coin dealers, but most really specialize in anything that may contain a precious metal.
Coins, whether gold or otherwise, have been a popular topic of collection for many years. In fact, the first international coin collectors’ convention was held in Detroit, Michigan, from the 15th to the 18th of August in 1962. The very first one pulled in around 40,000 people. For no internet to advertise it on, that number is impressive. One of the most valuable coins out there right now is the 1943 copper penny. The jewel of any collector’s set, this baby can be worth up to $100,000. Talk about inflation!
But it is not all about coins. Coin dealers will also look at any type of gold in which they see value. Which could be any number of pieces lately, because the price of gold has actually risen almost 70 percent in just the last two years. To value you gold, the transactions are conducted using a unit of measure known as pennyweights, the abbreviation of which is DWT. One troy ounce of gold equals out to 20 DWT. Often times, gold is not the only medal of value, either. A lot of coin dealers will consider most things cast in sterling silver as well. This term is applied to a silver mixture in which the pure silver content is 92.5 percent or higher. While gold is most commonly jewelry, the same is not the case with sterling silver. You can also find silverware and cutlery, drinking vessels, picture frames and even letter openers made of sterling silver. More like this: www.countrysidetrading.com