8 Pointers To Ship Gold Coins In Post
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Retail and marketing valuable metals such as gold coins in trustworthy dealers or companies, will save you from headache as you are assured that these dealers do have their own secured mailing services.
Then again, shipping gold coins by post makes people uneasy as there are horror stories of unreceived items or transportation errors. Cited below are important ways on how to securely mail valuables like gold coins:
Tip Number 1 – Identify Your Gold Coin Value
Identify the worth of your items before you drop by to the nearest mail office. To check on the value of our gold coin, skim the iinternet to see the present value of your gold coins or you may confirm it with a respectable coin dealer near you.
Tip Number 2 – Create Your Packaging List
Making a packing inventory will help you keep your sanity notably if you are sending many orders. Also, it will help you in managing your items effectively. What you need to include in your list are your name, contact numbers, mailing address and the complete list of inventory. Construct 2 copies. For yourself and the one you will be sending the valuables to.
Tip Number 3 – Choose Whether Priority Mail Flat Rate Boxes Or First Class Mail
You can select flat rate box which allows you to ship anything that fits into the box for a fixed price, anywhere in the US but it should not weigh over 70 pounds. This type of priority mail is ideal if you are sending one or more items. But if you are shipping only one or two coins, it is better to choose the first class mail.
Tip Number 4 – Secure Coin In A Coin Holder
A coin holder can secure your items markedly when travelling. This will protect coins from possible scratches and damages. After securing your items, enclose the coin holder with bubble wraps.
Place them inside the box and add caption. Better if you could put the order confirmation if you have sold them online. Include also a note on how to handle the item.
Tip Number 5 – Insure Your Packaging
Once you’re in the mail office, inquire if the parcel you have selected includes an insurance fee. Although, most registered mails include insurance, better be sure and double check.
Tip Number 6 – Use Codes In Labeling Your Items
When shipping gold coins or any precious items, you should by no means place a sign or hint on the outside of the parcel that you are sending something pricey or precious. Instead of stating that you’ll be sending gold or silver, you can use initials to cloak the items. If sending gold coins write G C.
Tip Number 7 – Confirm The Delivery Schedule
Always confirm the schedule of delivery so that you will know when to anticipate the delivery to reach the recipient. Registered mails usually take a little longer than regular mails but they are the most secured method of mailing valuables.
Tip Number 8 – Keep All Receipts And Documents
Keeping all receipts and other documents will not only assist as proof of mailing, but also protection if something happens to your package. Furthermore, if this is your business or frequently ship gold coins, you may want to keep an online list.
Let us face the fact that sending your gold coins or any other precious metals through mail is the expedient and the cheapest way to transport valuables. By following these easy directions, you will be assured of a secured shipping by mail. Good luck!
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Gold Buying Basics – How To Sell Gold Without Getting Scammed
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“Not all that glitters is gold”. Same principle applies to companies who fancy to buy your gold jewels on the web.
The internet has revolutionized the lives of people. It made the lives of people very easy and luxurious as one can now carryout personal and business processes in just a couple of mouse clicks. This also includes retailing and marketing valuables like gold pieces At present, online marketing of gold jewelries and other valuable metals had open to many investors and including scammers.
How Online Scams Work
Online retailing has open people minds of high possible value of buying and selling gold including their knowledge to hoax and swindle tactics. Cash for gold business today are promptly increasing because a lot of people are experiencing pecuniary tribulations. On the other hand, along with these authenticated gold buying companies there are many other fake gold buying companies that are only looking for despairing people to be scammed.
One of the most common scam online is underpaying the seller. Most of the companies are claiming that they pay more than any other company. Then again, the compromised quotation will not be given out and you’ll be surprised that your items were sold in a very low estimate.
People who sent their gold jewelries to these scammed companies were remunerated only for their gold’s fractional amount and usually payments were not even near the amount they will get from the legitimate gold buying companies.
How To Tell If a Gold Company is Fraud or Not
Before you mail your gold jewelries to certain gold buying companies, you should do your exploration first to know if it is a legalized company. You have to make sure that the company is credited by Better Business Bureau. This will be cautious you from many hoax companies and guarantee your gold jewelries will not be lost in shipping.
Affirm the telephone numbers and the physical address. Most of the legitimate gold buying companies have their address and phone numbers listed on their websites.
Stuff You Must Know Before Retailing Your Precious Pieces Online
After you research the company who wants to get your jewelries, you may consider searching other genuine companies online for you to have other better options. Many authorized gold buying companies are willing to pay up to 90 of the spot price of your gold jewelries.
Conduct a research on your gold item value before retailing your item. This will allow you to determine not only if the company is offering you too low or too high price on your items. Some scammed gold buying companies will blind sellers with their high priced offers.
Keep in mind that it is okay to refuse price offers that you feel is not appropriate for your pieces. Do not be afraid to move to another company and do negotiations for a second time.
Lastly, check out if there are any invisible fees on shipping process that most fraud companies do. Some people are aggrieved with expensive shipping fees when companies return their pieces.
Truly, marketing your gold jewelries on the internet will give you a big opportunity to attract buyers. It will give you a chance of gaining high profit from your valuable metals. However, be careful because you will not only attract potential buyers, you will find hoax companies as well. With these basic tips and methods, incontestably you will be able to peddle your jewelries at the maximum profit without being scammed.
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How To Sell Cash For Gold In 3 Easy Steps
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Purchasing and selling of gold has been a common trade for thousands of years. Since then this kind of trade has been made easier today. People are now open for this kind of investments because they saw great potential of a high profit in gold investments. Due to global economic crisis, people now know that investing in gold is actually one way of protecting themselves fiscally. Moreover, buying and selling gold nowadays has become very popular through the wide use of internet.
Awareness about gold and other valuable metals have become the interests of many people because of the information they have seen online. Even those people, who do not have sufficient knowledge about gold investments, can easily be trained through continuous exploration in the internet thus making purchasing and selling online very fast and easy.
So many online shoppers are interested to get their hands on the best priced gold pieces. However, before you market your valuable metal, you must first know the quality of your gold. Knowing the weight and the present price of gold will let you know if the procurer is offering you a very low price or if the buyer is cheating you. Keep in mind, there are many dealers and companies both online and local dealers who are ready to buy gold at cheaper price.
When creating an account online, which is required in most websites, recognize the scams and the frauds that frequently occur on the web. You should take extra time to research on these issues. In addition, do not expose your distinctive information. Keep private all personal facts and information.
After taking the above considerations, now is the time for you to practice your knowledge and advertise your gold online. To help you market your gold here are some of the ways you can do.
Register in a Free Online Auction
If you identify with how district auctions work, internet auctions operate the same way. The only dissimilarity is the expediency that the internet provides to users. Just like district auctions there are sellers and bidders. The winning bidders are expected to pay for what thy bid on.
Payment options are credit card, personal check, debit card, cashier’s check, money order, cash on delivery. However, credit cards are the most used form of payment by most people online due to the protection that they can get from credit cards.
At times, sellers must benefit from an escrow service. This is one way of defending both buyers and sellers on being scammed.
Pretty basic, you just have to take of photo of the gold piece and upload it accordingly to the site. If your gold was bought for an agreed estimate, you can easily mail the items to the recipient.
Find Respectable Free Online Classified Advertisements
This is by some means like a free online auction. However, unlike online auction, online classified ads do not have escrow deposits so it is advisable before you send your piece to the buyer; you make your research on the identity of the buyer to avoid being scammed.
Get the most out of Online Forum or Social Network Websites
Many do not see the worthiness of selling gold in social network websites. It is free and easy. Just like the online classified ads, you are the one who will decide to whom you are going to sell your gold. So again, be reminded to be careful to whom you are transacting with.
Purchasing and selling through internet has become very easy. Following the guidelines given above, you can definitely find leads and market your gold in an instant.
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Buying And Selling Gold – A Short Guide
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You might have thought recently about smartly investing your money and gold was definitely one of your choices. It has always been secure to invest in gold, as it has a universal value. You can buy it and sell it anywhere in the world, in the place that offers you the best value.
The force and prosperity are the symbols of gold, thus everyone dreams about having it. We will expose below what are the reasons people who buy gold have.
– gold stands for independence – you can buy gold without taking into consideration borders, currency and credit worthiness
– reserve asset: a percentage of 5-10% of wealth should be invested in precious metals, experts say
– security – over the years, gold has proven to be reliable and a safe investment
– constancy – over the years gold remained at the same level or rose
The price of gold will increase when the currency weakens. This may open the path for an investment, let’s see how. We present below the ways of buying gold coins, a better investment than bars.
-There is a variety of gold coins on the market: American Gold Eagle, South African Krugerrand and they are sold for their gold value; numismatic coins, which may be sold for more than their gold value, depending on the market conditions. You shouldn’t be a beginner with these coins, as you need to know how to assess them.
– You should be planning from the beginning where to place your coins and have the necessary funds. A safekeeping program offered by investors or a bank safe deposit box might be your options.
– Search the market and opt for the best solution. For example, you could buy from a government if you want to get reliable coins in terms of content, weight and purity or from a private provider that has been doing this business for a long time. A private dealer might be another option, although it is a riskier investment.
– Be aware of the gold value by following updates of newspapers.
There are also some rules for selling your gold. For instance, you should know when is the climax of demand and sell your coins then. Research and intuition are the two factors to consider when wanting to sell your coins. When the value of gold declines, it is definitely not a good time to sell your coins. The best time is when the demand and prices are high and the market gives good clues.
If you want to buy gold, take into consideration the Gold Bullion Coins, having a purity of 99.9%.
If you opt for an investment in gold, consider the Gold Bullion coins, with a purity of 99.9%.
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Evidence For Gold Not Being A Bubble
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Given the enormous appreciation of gold from $250 an ounce in 1999 to $500 an ounce five years ago and $1,452 an ounce presently, it’s no wonder that there are so many proponents of a gold bubble, particularly after witnessing the stock bubble ending dramatically in 2000 and the real estate one, ending as dramatically in 2006.
Those trying to foresee gold rates, usually, base their assumptions on their relation to inflation levels or fiat currency developments, because the latter have been seen to influence the first. In between the end of the 1970s and the beginning of the 1980s, gold prices had soared in proportion to the soaring inflation levels by double digits, so gold investors were able to make huge profits. But these days the inflation rate in the US is rather low: more precisely 1.2%.
But who could deny the drastic pace at which the dollar has weakened over the last ten years, especially after the trillion-dollar worth money printing, aimed at counterbalancing the soaring US deficit, debt and related interest? And who could ignore the fact that any time the dollar decreases, the gold price increases? Since June, the dollar has gone down by 10% against major currencies, whereas gold has gone up by 14%.
As regards what’s more profitable – gold versus stocks and bonds -, the answer is also based on figures. If considering the increase in gold rates during the last five years – $1,452 against $500 – we see a 23% annualized return, whereas the return on stocks in that very period was 1.1% and on bonds 6.1%. Well, this spectacular increase seems to announce a bubble, but, unlike bonds, gold doesn’t pay interest, and, unlike stocks, doesn’t bring earnings over time, so how could you possibly claim that the ratio of gold price to the earnings generated is too high and risky?
Further, no one can deny that, for most of our recorded history, gold has been the most reliable store of wealth. But tradition aside, currently, gold stands for less than 1% of global assets, so how could it be a bubble and not rather the rest of them, those toxic derivatives and leveraged assets? Therefore, it’s rather likely that, given the soaring gold demand coming from central banks and investors alike, gold prices will continue to go up, while fiat money will continue to go down, so, buying gold could prove to be a profitable investment strategy.
Ask the advice of specialists on how buying gold can aid you in times of economic turmoil.
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