Many of you are probably familiar with the old saying “Beware of Greeks Bearing Gifts”. You might ask us, what that has to do with selling gold. If you stop and think about it when was the last time you got something for free. Sure there are free samples of cereal, toothpaste, prescription drugs, and even the latest giveaway on the Oprah Winfrey show of a free 2 piece Kentucky Fried Grilled Chicken meal but most of these come with a catch. These manufacturers what you to try their products and hopefully you will become a faithful customer or consumer of their product. That’s all fair and well considering these items listed above have a manufacturer’s retail price set in place. 99% of the time there is no price gouging or other hidden cost involved with purchasing these products. The prices listed in the store are what you will pay. There are no hidden terms and conditions. If you are a savvy shopper you can use coupons or wait for a sale and save even more money. Now that brings us to the topic of FREE GOLD PACK. Let’s go over the facts and see if that FREE GOLD PACK is actually free.
WEBUYGOLD.COM is constantly researching the Internet and studying gold buying services. You could call us a consumer advocate group. When we see FREE GOLD PACK we always read the fine print. If you take time to read the Terms and Conditions you will see that you are often taking a big risk in mailing out your items in these so called FREE GOLD PACKS. Your items are often only insured for less than $100.00 and that’s if you have a certified written appraisal on all of your items. If you don’t have that appraisal you’re looking for an insured value of under $40.00 if your items are lost or stolen in transport. The United States Postal Service also tells us that you often have no proof your FREE PACK was even sent out if you just drop it in a mail box with all of your gold and valuables in it. There is no record that you mailed it out. Stop and think about it. With those terms and conditions we would never send our gold and valuables to any of those companies. That’s only the beginning of our concerns. You may ask yourself, “What price am I going to get for my gold jewelry?” You may be in for a big surprise.
Sure you’re going to save a few dollars by using one of those FREE GOLD PACKS but look a little further into the web site and often you will find out that many of these companies DO NOT LIST their buying prices. Many claim they have to see your item to determine the price they are paying. That’s not the truth. They may have to see your items to determine if the items are real gold but they don’t need to see the items to give you a basic price structure. Gold is purchased in units often referred to as grams or pennyweights. One pennyweight is equal to 1.555 grams. Many online gold buyers do not post their prices because many of their prices are only a fraction of what you should be getting for your gold. Some online gold buyers post their prices, but be sure you read the fine print. Many of those prices posted require a 10 troy ounce minimum. Do you know how much gold is needed to reach the10 troy ounce minimum? Here is an example: An average man’s wedding band weighs approximately 5 pennyweights. That means you would need 40 wedding bands to just meet the minimum requirement to receive those prices listed. We don’t even think Elizabeth Taylor has 40 wedding bands. Watch out for those minimum requirements or you may be in for another big surprise.
Many people ask us what makes WEBUYGOLD.COM different from the other online gold buying services. There are a few important facts which make us your first choice for selling you gold to an online gold buying service.
The first fact is SAFETY. By mailing your items to us you have the satisfaction of knowing that your items were sent out safely and by insuring those items you have the added satisfaction of knowing that if that package is lost or damaged in transport that you are fully insured for the value that you set on those items. This may cost you a few dollars extra to insure your items but it is well worth the price to guarantee the safe delivery of your gold and valuables.
The second fact is PRICE. We have an entire page dedicated to the prices that we pay. We have a graduated payment scale and honor those prices. What you see is what you will receive. We guarantee it. When the price of gold goes up you will receive a higher price. Our formula is fixed to adjust for market changes for all precious metals. Gold, silver, and platinum prices are constantly changing and we pay you up to the minute market prices. That’s why our customers like using our service.
The third fact is KEEPING YOU INFORMED. From the moment you fill in our packing list and seller’s agreement online at WEBUYGOLD.COM we keep in contact with you. We send you a confirmation email that we received your agreement. Our processing center is notified that your package should be arriving. Once your package arrives it receives priority processing. Our expert appraisers and evaluators are always ready to process the items you send us. We notify you when your package arrives and notify you when your payment is sent out. Unlike many other companies who delay the processing time or delay your payment, we on the average get your payment out to you within one day of when your package is processed. We set the standard in the industry and we stand by it. That’s our policy.
The forth fact is WE ARE THE ORIGINAL. The name speaks for itself. WEBUYGOLD.COM is “THE ORIGINAL WEBUYGOLD.COM” web site. While other web sites may look or sound similar, we are proud to be “THE ORIGINAL”. Don’t be fooled by COPYCATS. Don’t be fooled by FREE GOLD PACKS. Most importantly remember the topic of this article, “Beware of Greeks Bearing Gifts”. Once those FREE GOLD PACKS are out of your hands and in the mailbox, you may be in for a big surprise. We are sure you worked hard to obtain the gold and valuables you have and we don’t want to see anyone take advantage of you. Take the time to explore WEBUYGOLD.COM. It is an informative web site and we try our best to cover all aspects of selling your gold, silver, and platinum online in the safest way possible. We don’t hide behind the fine print. We put our cards on the table and are here to serve the needs of our customers. Our customer service center is always available for any questions you may have concerning precious metals. With decades of experience and our customer service guidelines you know that WEBUYGOLD.COM is your choice when it comes to selling your precious metals online.
VISIT WEBUYGOLD.COM
Thursday, May 14, 2009
Tuesday, May 5, 2009
CALIFORNIA GOLD RUSH
The California Gold Rush (1848–1855) began on January 24, 1848, when gold was discovered by James W. Marshall at Sutter's Mill, in Coloma, California. News of the discovery soon spread, resulting in some 300,000 men, women, and children coming to California from the rest of the United States and abroad. Of the 300,000, approximately 150,000 arrived by sea while the remaining 150,000 arrived by land. As a result, the foundation of California's make-up was significantly more diverse than other parts of the country.
These early gold-seekers, called "forty-niners," (as a reference to 1849) traveled to California by sailing boat and in covered wagons across the continent, often facing substantial hardships on the trip. While most of the newly-arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia and Asia. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. More sophisticated methods of gold recovery were later developed that were adopted around the world. At its peak, technological advances reached a point where significant financing was required - increasing the proportion of corporate to individual miners. Gold, worth billions of today's dollars, was recovered, which led to great wealth for a few. However, many returned home with little more than they started with.
The effects of the Gold Rush were substantial. San Francisco grew from a small settlement to a boomtown, and roads, churches, schools and other towns were built throughout California. A system of laws and a government were created, leading to the admission of California as a state in 1850. However, until 1872, mining law in California - including the Gold Rush - was localized and relied on decisions of a mining towns' inhabitants.
New methods of transportation developed as steamships came into regular service and railroads were built. The business of agriculture, California's next major growth field, was started on a wide scale throughout the state. However, the Gold Rush also had negative effects: Native Americans were attacked and pushed off traditional lands, and gold mining caused environmental harm.
Information is from Wikipedia.
These early gold-seekers, called "forty-niners," (as a reference to 1849) traveled to California by sailing boat and in covered wagons across the continent, often facing substantial hardships on the trip. While most of the newly-arrived were Americans, the Gold Rush attracted tens of thousands from Latin America, Europe, Australia and Asia. At first, the prospectors retrieved the gold from streams and riverbeds using simple techniques, such as panning. More sophisticated methods of gold recovery were later developed that were adopted around the world. At its peak, technological advances reached a point where significant financing was required - increasing the proportion of corporate to individual miners. Gold, worth billions of today's dollars, was recovered, which led to great wealth for a few. However, many returned home with little more than they started with.
The effects of the Gold Rush were substantial. San Francisco grew from a small settlement to a boomtown, and roads, churches, schools and other towns were built throughout California. A system of laws and a government were created, leading to the admission of California as a state in 1850. However, until 1872, mining law in California - including the Gold Rush - was localized and relied on decisions of a mining towns' inhabitants.
New methods of transportation developed as steamships came into regular service and railroads were built. The business of agriculture, California's next major growth field, was started on a wide scale throughout the state. However, the Gold Rush also had negative effects: Native Americans were attacked and pushed off traditional lands, and gold mining caused environmental harm.
Information is from Wikipedia.
Now it's time to cash in your gold and take advantage of today's record level gold prices. Visit Webuygold.com for some informative information on Gold, Silver, and Platinum. It's your path to Fast Cash.
Monday, May 4, 2009
PRECIOUS METALS: Useful Facts
The best-known precious metals are gold and silver. While both have industrial uses, they are better known for their uses in art, jewelry and coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded.
The demand for precious metals is driven not only by their practical use, but also by their role as investments and a store of value. In the early part of the 21st century, precious metal prices rose significantly and recycling precious metals became more and more attractive.
A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a "precious" metal can also be determined by high demand or market value. Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money.
Many nations mint bullion coins, of which the most famous is probably the gold South African Krugerrand. Although nominally issued as legal tender, these coins' face value as currency is far below that of their value as bullion. Bullion coins' minting by national governments gives them some numismatic value in addition to their bullion value, as well as certifying their purity.
The level of purity varies from issue to issue. 99.9% purity is common. The purest mass-produced bullion coins are in the Canadian Gold Maple Leaf series, which go up to 99.999% purity. Note that a 100% pure bullion is not possible, as absolute purity in extracted and refined metals can only be asymptotically approached. Many bullion coins contain a stated quantity (such as one troy ounce) of the marginally-impure alloy. In contrast, the Krugerrand is one of many historic and modern bullion coins of 22 Kt Crown gold, with a stated content (usually one troy ounce) of "fine gold", with the other component(s) of the alloy making the coin heavier than one ounce in total. Still more bullion coins (for example: British Sovereign) state neither the purity nor the fine-gold weight on the coin, but are recognized and consistent in their composition, and many historically stated a denomination in currency (example: American Double Eagle).
One of the largest bullion coins in the world is the 10,000 dollar Australian Gold Nugget coin minted in Australia which consists of a full kilogram of 99.9% pure gold. There have been a small number of larger bullion coins, but they are impractical to handle and not produced in mass quantities. China has produced coins in very limited quantities (less than 20 pieces minted) that exceed 260 troy ounces (8 kg) of gold. Austria has minted a coin containing 31 kg of gold (the Vienna Philharmonic Coin minted in 2004 with a face value of 100,000 euro). As a stunt to publicise the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $ 1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold.
Gold and silver are often seen as hedges against both inflation and economic downturn. Silver coins have become popular with collectors due to their relative affordability, and unlike most gold and platinum issues which are valued based upon the markets, silver issues are more often valued as collectables, far higher than their actual bullion value.
This information is from Wikipedia.
VISIT WEBUYGOLD.COM
The demand for precious metals is driven not only by their practical use, but also by their role as investments and a store of value. In the early part of the 21st century, precious metal prices rose significantly and recycling precious metals became more and more attractive.
A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a "precious" metal can also be determined by high demand or market value. Precious metals in bulk form are known as bullion, and are traded on commodity markets. Bullion metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money.
Many nations mint bullion coins, of which the most famous is probably the gold South African Krugerrand. Although nominally issued as legal tender, these coins' face value as currency is far below that of their value as bullion. Bullion coins' minting by national governments gives them some numismatic value in addition to their bullion value, as well as certifying their purity.
The level of purity varies from issue to issue. 99.9% purity is common. The purest mass-produced bullion coins are in the Canadian Gold Maple Leaf series, which go up to 99.999% purity. Note that a 100% pure bullion is not possible, as absolute purity in extracted and refined metals can only be asymptotically approached. Many bullion coins contain a stated quantity (such as one troy ounce) of the marginally-impure alloy. In contrast, the Krugerrand is one of many historic and modern bullion coins of 22 Kt Crown gold, with a stated content (usually one troy ounce) of "fine gold", with the other component(s) of the alloy making the coin heavier than one ounce in total. Still more bullion coins (for example: British Sovereign) state neither the purity nor the fine-gold weight on the coin, but are recognized and consistent in their composition, and many historically stated a denomination in currency (example: American Double Eagle).
One of the largest bullion coins in the world is the 10,000 dollar Australian Gold Nugget coin minted in Australia which consists of a full kilogram of 99.9% pure gold. There have been a small number of larger bullion coins, but they are impractical to handle and not produced in mass quantities. China has produced coins in very limited quantities (less than 20 pieces minted) that exceed 260 troy ounces (8 kg) of gold. Austria has minted a coin containing 31 kg of gold (the Vienna Philharmonic Coin minted in 2004 with a face value of 100,000 euro). As a stunt to publicise the 99.999% pure one-ounce Canadian Gold Maple Leaf series, in 2007 the Royal Canadian Mint made a 100 kg 99.999% gold coin, with a face value of $ 1 million, and now manufactures them to order, but at a substantial premium over the market value of the gold.
Gold and silver are often seen as hedges against both inflation and economic downturn. Silver coins have become popular with collectors due to their relative affordability, and unlike most gold and platinum issues which are valued based upon the markets, silver issues are more often valued as collectables, far higher than their actual bullion value.
This information is from Wikipedia.
VISIT WEBUYGOLD.COM
Subscribe to:
Posts (Atom)
