The passing a loved one is an emotional time, and people are rarely of the state of mind to make the best financial decisions. Unfortunately, it’s one of those forced decisions that comes with such an occurrence – the settling of an estate. And if your loved one (usually a parent, grandparent, or older sibling) accumulated jewelry over the years,
When you think about gold bars, high-tech images don’t readily come to mind. We think of those stories of people with hordes of gold stored in their shed, huge scores of valuable antique gold discovered in sunken ships, the California gold rush, and other more old-school visions of wealth. While the internet changed a lot, there are some industries that
Life happens, and sometimes you need a bit of extra cash to get through the day. When that happens, you look for ways to get your hands on some cash, and fast. Often, the need for cash is seen as temporary until another paycheck comes in or you find a new job, but that isn’t always the case.
Americans currently carry over $1.13 Trillion in credit card debt. Trillion, with a “t”. Or $1,130,000,000. That’s a seemingly astronomical, mind-boggling number, especially for a financial “tool” that is unusual for most of the world. Americans know credit card debt is bad, but it’s so normalized that it’s easy to waive it off as just part of life. But high-interest
Rolled gold, also known as gold-filled, is a material made by bonding a layer of gold alloy to a base metal, usually brass. This process involves mechanically bonding a thin sheet of gold to the surface of the base metal through a combination of heat and pressure. This isn’t to be confused with gold-plated jewelry. For rolled gold products, the
As of April 9th, 2024, gold prices have climbed to an all-time high over $2,350/ounce. While there are many reasons the price of gold might increase, the prevailing sentiment is that it is being caused by the market’s optimism towards the Federal Reserve cutting rates (although we’ll cover more reasons later). As inflation tames and the economy appears robust, the
Precious metals are rare, naturally occurring metallic elements that have high economic value due to their rarity, beauty, and various industrial applications. The most commonly recognized precious metals include gold, silver, and platinum. These metals have been valued throughout history for their use in currency, jewelry, art, and as a store of value. Precious metals are created through various natural
With gold prices near all-time highs, selling your gold can net you hundreds or even thousands of dollars. But do you get to keep it all? Everyone fears the tax man – and the regulations man for that matter – so let’s take a look at the implications of selling gold. Like any other asset you might sell, from stocks
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Ultimately, the decision to sell broken gold depends on your personal circumstances and preferences. If you have broken gold items that hold no sentimental value and you don’t wear, then there’s little sense in repairing them, or even holding on to them. But don’t throw them out! Broken gold is still gold and can be quite valuable based on its