December 12, 2011 | Post by vgmokc

Tips for Buying Holiday Jewelry Gifts

A girl can’t argue with a little black jewelry box nestled under the tree on Christmas morning. We’re professional precious metal buyers here at Valley Goldmine, so we know what it takes to carefully select the perfect piece of jewelry.

But if you don’t have experience, you might have trouble deciding what sparkly treasure to give your loved one. Here are two key suggestions for picking out a jewelry gift for your lady:

Fit her taste.

If your girl likes to keep it simple, she’ll be happier with a piece of jewelry that isn’t big and flashy. But if she’s all about the bling, don’t hesitate to go big and bold. Keep an eye on what type of jewelry she prefers to wear, whether it’s earrings, necklaces, rings or bracelets. Is she into silver or gold? Does she prefer diamonds or other gemstones? If you’re not sure, check out her jewelry box or review old pictures and see what she most often wears. Chances are she’ll be happiest with the type of jewelry she already typically chooses.

Make it personal.

If you’ve narrowed down that she likes silver bracelets or gold earrings, what’s next? Try and add specific details that fit her personality or can remind her of an experience you’d had together. If you really want to up the the nostalgia factor, present her with something previously own by your mother or grandmother, or put an old gemstone in a new setting. Adding a simple engraving can really personalize the piece of jewelry and make it a heartwarming gift.

Whatever you choose, she’s bound to love it just because it came from you. (But if she doesn’t, we know some high-quality gold buyers in Oklahoma City that can help you trade it in.)

September 30, 2011 | Post by vgmokc

Tips for Selling Gold Jewelry

Selling your old gold jewelry can be a great way to clean out your closet and earn some extra cash. If you have decided to sell your scrap gold, there are some things you need to know and some things to look out for to make sure you get the best deal.

Step 1 – Get it Appraised

The first thing you need to do is get your jewelry appraised. The less gold content there is in a piece of jewelry, the less money it will be worth to someone who is going to melt it down. When you buy jewelry from a jewelry store you are paying for both the design of the jewelry and the metal it is made up of. Therefore, your beautiful old piece of jewelry might be worth more as resale to a jeweler than it would have as recycled gold. If you think this might be the case, you should definitely get the piece appraised.

Step 2 – Check the Price of Gold

Check a website such as http://goldprice.org/ to learn what the current price of gold is. Remember that the price of gold fluctuates constantly, so what you see is not necessarily what you will be paid. Also keep in mind that the price usually refers to 24 karat gold and most jewelry is not that pure.

Step 3 – Figure out How Much it Weighs

This is where it gets a little technical, so bear with us. If you have a jeweler’s scale it will be a lot easier because all you need to do is weigh your gold. But if you are using a conventional kitchen scale you will need to convert to pennyweights. 1.5 grams = 1 pennyweight and 1 ounce = 18.23 pennyweights. Remember that most gold buyers won’t pay full price for gold because if they did they wouldn’t make any profit from reselling it, so expect to take anywhere from 10 to 30 percent off of the value of your gold. That percentage is negotiable, so doing these calculations before you shop the gold around is certainly worthwhile.

Where you Can Sell your Jewelry

Option 1 – A Jewelry Store

If you are selling you jewelry for resale the best place for you is probably a jewelry store. However, if you have broken jewelry or jewelry that will probably never be worn again, a jewelry store will have no interest in resale and therefore won’t give you very much money for it. Most jewelry stores probably won’t even want to buy your scrap gold but if they do, their offer will be low so that they can make a profit when the sell the gold to a refinery.

Option 2 – A Pawn Shop

Just like jewelry stores, pawn shops are trying to make as much money as they can off of your jewelry. Sometimes they might make you a good offer, but generally this is the last place you want to go to sell your jewelry.

Option 3 – An Online Gold Buyer

Online gold buyers will send you a mailing packet so that you can send them your unwanted gold. They will evaluate your jewelry and make you an offer. There is no cost and no contract for this service so if you don’t want to accept their offer you are not obligated to do so and they will send your jewelry back to you. Like jewelry stores and pawn shops they have an overhead, so they won’t offer you as much as your gold is worth, but they will probably make you a good offer.

Option 4 – A Private Gold Buyer

Private gold buyers are similar to online gold buyers in that they specialize in buying gold and that they require no payment or contract for their services. However, private gold buyers can also offer private consultations and honesty that you may not find anywhere else. Additionally, if you find a reputable buyer, you may be able to sell for more than you could anywhere else.
The Bottom Line

When selling your gold jewelry, there are many answers to the question of “how” and none of them is always correct. The best thing you can do is to know how much your gold is worth and then shop it around. You will rarely get as much as the gold is worth, but doing your research will ensure you get the best deal possible.

September 12, 2011 | Post by vgmokc

Why Would I Want to Sell My Jewelry?

You have probably noticed “cash for gold” advertisements popping up all over the place and if you’re like most people, you’re probably pretty skeptical of the whole thing. When it seems so easy to have your items stolen or even purchased at a price that is much lower than their actual value, and with gold prices showing no sign of lowering any time soon, why would anyone want to sell their jewelry?

The truth is that there are many reasons to sell your gold jewelry. One reason might be that your engagement or marriage didn’t work out and you don’t want the jewelry around to remind you of the relationship. Maybe you just inherited some jewelry that while beautiful, is something you will never wear or maybe you have some old jewelry in the back of your closet that you know you won’t wear again. With the way the economy is, it wouldn’t be surprising if you’re simply in a tough spot financially. If you find yourself in any of these situations, now is the perfect time to sell you jewelry.

It is common for people to assume that because the value of gold has been constantly rising over the last few years, it is a good idea for them to hang on to their jewelry for as long as possible, to get the maximum value out of it. However, there are two reasons why this logic doesn’t quite work.

First, if you have a relatively small amount of gold and it isn’t pure 24 karat gold, even if the value of gold jumps $200, it won’t have much of an affect on the price you receive when you sell.

Secondly, because the value of gold tends to fluctuate in the opposite direction of the US dollar, even if the value of gold does skyrocket, the value of the money you get from selling it will be worth less.

If you want to get the most money for your gold now, call Valley Goldmine OKC today. We are a trusted OKC gold buyer and always offer top dollar for gold jewelry.

September 10, 2011 | Post by vgmokc

Gold Buyers OKC – Pictures of What We Buy

Just a little bit of gold and silver really adds up!

August 26, 2011 | Post by vgmokc

Jewelry That Turns Heads at Dinner Parties

Formal dinner parties typically call for dresses that are simple, classy, and elegant, rather than flashy. If you are the type of person who loves to stand out but you don’t want to wear an outlandish dress to a formal dinner, here are a few tips for choosing jewelry that can give your look that “something extra.”

Pick a matching jewelry set – For especially formal occasions, you can wear elegant diamond sets and chandelier earrings. It is also a good time to wear colored gems such as ruby or jade.
Choose one bold piece – if matching jewelry isn’t your style try wearing one bold piece and complimenting it with toned-down accents. Either of the following necklaces with a pair of pearl stud earrings would be a perfect choice.
Compliment your outfit – For jewelry that looks like it was made to be worn with the rest of your outfit, chose pieces with complimentary colors and textures. For example, if you are wearing a black lacy dress with pink accents, these earrings would compliment it beautifully while still standing out.
Pick a color that you haven’t used otherwise– The opposite of complimenting your outfit, try a color that is either minimal or nonexistent in the rest of your dress. If you are wearing a dress that is black or another solid color, these earrings would work perfectly.
Select pieces with a lot of movement – Movement in your jewelry add excitement to your overall look by showing action. Not only does this add interest to your outfit, it also catches and retains the viewer’s attention. These earrings are simple and beautiful, yet their movement catches the eye.
Oversized rings – Big rings have been extremely popular lately and while they are usually not appropriate to wear in the office, wearing one to a dinner party will almost certainly draw attention to the wearer, especially to their hands. This is especially beneficial if you are the kind of person who makes a lot of big gestures with your hands when talking. Here are some large rings that will complement any outfit, without going overboard.

If you have old jewelry that is just sitting around the house that you won’t be using anytime soon to help you stand out at dinner parties, come on down to Valley Gold Mine OKC. Sell your jewelry or gold in Oklahoma to receive top dollar for your items.