Jewelry Gallery specializes in investment coins whose value is tied to the spot price of that particular metal. Investment gold and silver is comprised of rounds, bars, ingots, and plates. Rounds are coins or coin shaped items comprised of a precious metal.

We are not a numismatic dealer (coin dealer.)  Numismatics is the study or collection of money. Although from time to time we may have some collectable coins, we do not consider ourselves coin dealers.

Myth #1 Jewelry stores can not pay as well as other gold buyers.

Jewelry stores can pay better than most other companies or people who meet at a hotel because our overhead is already paid for by the jewelry that we sell so that we don’t have to charge as much as other companies do because we do not have to initiate overhead 

Myth #2 No money is to be made in investment gold and silver. 

Let us examine recent history. The price of gold has tripled since 2001. So an investment of 10,000 dollars in 2001 would be worth at least 30,000 dollars today. Today silver is trading around 18 dollars spot price. Historically silver has traded as high as 100 dollars. Even without taking into consideration inflation and devaluation of the dollar the price of silver could increase over 5 times to reach the 100 dollar level. So the potential for profit from a historical basis is ample.

Investment Principles of Gold and Silver Buying

Take your time to learn to be informed. Try to avoid high-pressure sales tactics. When in doubt, procrastinate-sleep on it; and decide the following day. A slow approach is always a good idea. Dealers with integrity are not interested in constantly interrupting your busy schedule.

Bullion investments in which JEWELRY GALLERY specializes are traded for close to its weight. The price will go up or down based on the price of that commodity. Some dealers charge as much as twice our selling price hoping that the client will not check others’ prices. When challenged, these dealers tell the investor that his coins are a better quality. However all large dealers buy these coins from the same sources and get the same quality.

Never break the law. It is your responsibility to report to the federal government your gains or losses. Believe it or not, your local dealer is not an agent of the federal government.

Federal forms are required by law if you pay or receive more than $10,000 in cash (i.e. bills). If you fulfill your transaction by check or bank wire, the government is not concerned and does not require reporting.

Please bear in mind that the size of the dealership has nothing to do with its pricing, honesty or appropriate investment advice. Many investors can save as much as 25% when compared to the top national dealers. Don’t forget that if the deal sounds too good to be true it probably is. Also if a company offers a lot of legal disclaimers, it may be that the company has its own interests in mind, not yours.

Avoid misleading advertisements or popular television shows. Although one may be tempted to believe that great deals are to be had, a substantial markup is required because such advertisement is expensive.

Take delivery of your purchase. Too many companies have gone out of business only for the investors to learn that their deposits are nowhere to be found.

Falling markets are great buying opportunities. In the long run, economies recover and move higher. As the markets move higher the prices look even more affordable.

Foreign coins are always a consideration because they cost less per ounce. However, when dealing with the American eagle coins, a premium is paid because of the collectability and demand of that coin despite the fact that it is still tied to the spot price of that metal. 

Help diversify your assets by buying gold and silver as your hedge against inflation.

Coin Information

Lady Liberty  (or American Eagle) holds both collection and gold value. Although most of the value is tied to the price of the commodity, a premium is paid because of the demand and collectability. The Lady Liberty is made of 22 kt gold.

Gold Maples Made in Canada, Maples are one of the most popular gold coins, minted in 99.99% pure gold. These coins are bought and sold everywhere that precious metals are traded.

Kruggerands The world’s first gold bullion coin is made of 22 kt gold and copper. Buying and selling is accepted nationally and internationally.

Buffalo The first 24kt solid bullion gold coin made for the US Mint.

We Buy Gold 888-739-5032