Historic Gold-Rush Principles Still Apply

If you’re going to be an expert in anything, you need to know your roots. For people interested in the gold industry, those roots will take you back to the 1840s and a rush to the Western coastline. While you don’t have to don 1840s garb and head West in a wagon to get in on the gold rush today, many of the same principles of the gold industry still ring true.

A Golden Passion

The idea is simple: if you don’t care, you likely won’t succeed. When the original ’49ers got that golden glint in their eyes, many of them left the comforts of home to pursue their newfound passion. As the rush dragged on and California became saturated with hopeful gold-seekers, a dedicated few found success while many went home empty-handed. At Valley Goldmine Oklahoma, we pride ourselves on our passion for gold, and we have the reputation to prove it.

An Eye for Quality

Even with all the right equipment, many early gold panners sifted small, golden flecks back into the river without a second glance. Those with more trained eyes, however, recognized the inherent worth of the flecks and carefully collected the valuable treasure. If you’re in the market to sell your gold today, you want to make sure your buyers have an eye for quality and enough knowledge to give you the prices you deserve. The employees at Valley Goldmine Oklahoma are all fully-licensed precious metal buyers, so you can be confident your gold will be purchased at the proper value.

Gold Jewelry Through the Ages


Gold began being worn as jewelry all the way back in ancient Egyptian times, as early as 2,600 BC. Egyptians struck gold and became the world’s first gold miners, placing them among the world’s wealthiest and establishing gold as the standard for international trade. Back then, everyone wore jewelry weather they were rich or poor, but only the wealthy could afford to wear gold jewelry. Wealthy men and women alike wore gold necklaces, bracelets, amulets, headdresses, anklets, and rings. Also, because of religious customs, their gold jewelry was often buried with them.

Like the Egyptians, Americans have always worn gold jewelry as a symbol of wealth, though not to the same extent. In 1971 President Nixon closed the “gold window” by ending the US dollar’s convertibility to gold, but people have still continued to wear gold jewelry. Even people who are unable to afford gold jewelry have adorned themselves in fake gold, to achieve the same look as the wealthy who wear real gold. This is especially true now that the value of gold has reached record-breaking highs.


From the 1930s to the 1950s, retro gold styles were very unique and did not appeal to everyone. Designs were often one of a kind and made completely by hand. Many pieces were large and bulky in design, such as three dimensional charms, and included matching accessories such as earrings, rings, and broaches.

Since the 1950s, gold jewelry has remained very popular in the fashion industry, but has also been outshined by silver and platinum pieces. It had a brief boom during the 1980s as people adorned themselves in gold bangles and large gold necklaces, and then in about 2005 it began making it latest comeback, probably due to the ever-rising value of gold. The benefits of wearing yellow gold are unbeatable; it never tarnishes and never loses its original look, while white gold and silver sometimes do.


When it comes to this year’s jewelry, yellow gold is all the rage. Timeless and elegant, stylish chunky yellow gold bracelets and necklaces are sure to add a touch of trendiness to any outfit. Last quarter, jewelry retailers reported an increase in demand for stylish, high-end yellow gold luxury jewelry pieces. Diamond encrusted yellow gold cuff bracelets are also in style, along with yellow gold stud earrings and heart shaped yellow gold pendants. Indeed, it seems this year’s jewelry trends are all about the bling.

If you are looking to sell gold in Oklahoma, contact us today to receive top dollar for your gold.

Famous Lost Gold Mines

Through the years, countless men and women have set out on modern-day treasure hunts in search of lost gold mines and the fame and fortune that would certainly come from their rediscovery. To Sell gold in Oklahoma at Valley Goldmine OKC from these mines in our day would definitely offer the seller a pretty penny. Unfortunately, very few have succeeded and these gold mines remain lost, possibly forever. Two of the world’s most famous lost mines, The Lost Dutchman Mine and Pegleg’s Lost Mine, are reportedly located in the American Southwestern Desert.

Lost Dutchman Mine

Probably the most famous lost gold mine is the Lost Dutchman Mine, reportedly located in the Superstition Mountains east of Phoenix, Arizona and near what is now Apache Junction. This mine has long been a source of mystery and legend and in fact, the name for the Superstition Mountains was inspired by Pima Indian legend. There are many different versions of the legend of The Lost Dutchman, but the most popular involves Jacob Waltz (The Lost Dutcman) finding the gold mine and secretly mining there for many years. When he was about 80 years old, Waltz was reportedly attacked by Apache Indians and died soon after. Legend says Waltz attempted to share the location of the mine with his nurse, even managing to draw a crude map of the area, but while many have died in search of the mine, no one has ever been able to locate it.

Pegleg’s Lost Mine

It has been said that more people have gone in search of Pegleg’s lost mine than any other. As legend has it, Thomas Smith was a mountain man who lost his leg on a trapping expedition and replaced it with a wooden peg, earning him the nickname pegleg. Sometime in the late 1820s early 1830s, Smith was on a trapping expedition and was elected to take the supply of pelts across the desert to LA to sell them. Along the way, Smith had picked up some black pebbles at the top of one of three large buttes in the Colorado Desert, believing they were copper and hoping to sell them. Upon his arrival in LA, Smith learned that his black pebbles were not copper but gold. Although he was never able to find the spot where black gold nuggets covered the desert floor, Smith shared his story of the “three buttes” with friends and family, many of whom spent years trying to find their location. There have been stories of people who claimed to have found the gold, and even had the black nuggets to prove it, but no one who has tried has ever been able to share the mine’s location with a returning search party.