What Is Diamond Appraisal And Grading Report?

 

If you want to sell diamonds and are looking for some helpful information on the internet, you will come across two common terms: diamond appraisal and diamond grading report. The appraisal and grading report, are important to evaluate the value and preciousness of your diamond just like the purity stamp plays a role in the value of your items when you want to sell platinum, gold or silver.

What Affects the Gold Selling Price?

Gold is a commodity and therefore is driven by supply and demand as well as speculation. Unlike most other commodities, saving and disposal plays a larger role in affecting its price than its consumption. Almost all the gold ever mined still exists in forms such as bullion and jewelry.

Central banks and the International Monetary Fund play an important role in the gold price because they hold 19 percent of all the above ground gold as official gold reserves. Any real or speculative moves by these institutions affect the gold selling price dramatically.

Gold, like all precious metals, may be used as a hedge against inflation, deflation and currency devaluation. If the return on bonds, equities and real estate do not compensate for risk and inflation then the demand for gold and other precious metal investments increases.

Gold jewelry accounts for over 2/3rds of annual demand and India is the largest consumer in volume at 27% followed by China and the USA. Industrial, dental and medicinal uses account for 12% of gold demand.

In closing, the demand and speculation are the driving force affecting the gold selling price.

 

By, Kevin Robbins

Gold Solutions, LLC

Has U.S. Government Confiscated Gold?

Unbelievably the answer is YES.  

April 5th 1933 President Franklin D. Roosevelt signed Executive Order 6102. The order criminalized the possession of gold which included gold jewelry by individuals and businesses. It was said that the Great Depression was extended by the hoarding of gold. Stiff penalties of $10,000 ($175,000 in 2012) and or up to five to ten years imprisonment were sanctioned.

Sell Gold Jewelry

The global recession has been the cause of many people losing their jobs which has created a need to liquidate valuables for cash.  If you find yourself in this situation where you need extra cash, you have the opportunity to sell gold jewelry or precious metals to gold dealers in person or online.

Selling Antique Diamonds

Some people inherit jewelry from their parents and grandparents and know that they will never wear it – they hang on to it for sentimental reasons.  If you have a need to sell an antique diamond, the first observation you should be aware of is that a diamond has to be over 100 years old to be classified as an antique.  Diamonds under that age are classified as vintage diamonds.

The most popular antique diamond cuts varied over the years.