Buying American Foreign Coins Gold & Silver for over 10 years

"What Happens To My Gold Jewelry After I sell It & Why Is It Worth So Much?''

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Why Is Old Gold Worth So Much
Indian Jewelry
Extracting gold from the ground is labor intensive
Three gentelman panning for gold in the 1860s
     Gold is an extremely valuable metal.  Gold has been considered a great investment by speculators for decades; it also has countless industrial and commercial applications. To name a few gold is used in the manufacture of electronic devices such as cellphones and TVs due to its superior ability in conducting electricity; It’s also widely used in the alloys coveted by the jewelry trade. 10k,14k,18k, gold are all alloys, or a mixture of metals one of witch being gold.           
     As you may have notices the price of gold has risen over the past few years.  Gold miners haven’t been able to keep up with the demand creating a shortage. This shortage has created a large gold recycling industry.  When your sell you gold to us you are basically having it recycled. In most cases we refine these items by extracting out the gold. Most jewelry is an alloy, 14k is only 58% gold and 10k is only 41% gold thus creating the need for refining.  After extracting to gold (refining) we then make it into something an investor may buy, like a coin or a bar. We can also refine it into fine gold, something a jeweler may buy as material used in the manufacturing of jewelry. 
     The refining of scrap and old jewelry has always been an important part of the gold supply chain. About, 1,000 tons of gold are recycled each year to meet annual market demands, which have been higher than what is produced through mining alone. Gold mines are unable to boost their production due to the rarity of the metal and high cost of extracting it from the ground. So gold refining fills this void. This prolonged period of increased demand has rised the price bringing more gold to market and recycled gold is able to fill the void between production and demand.         
     Jewelry is responsible for almost 70% of the gold demand. Because jewelry is easily refined, this contributes to the large amount of scrap gold that re-enters the market each year. Industrial uses contribute to another 15% of the annual demand and the final 15% ends up in the hands of investors as coins and bars.         
     If you have some old gold jewelry that you don’t wear anymore and would like to have some extra cash feel free to bring it in and have one of us take a look. As the demand for gold remains off the charts you could be sitting on a small fortune.
                Give us a call today with your questions.              
(856) 770-4961



Atlantic Coin and Jewelry Exchange
2 West White Horse Road
Voorhees N.J. 08043
on the corner of White Horse and Burnt Mill roads
across from WAWA and along side Sherwood Real Estate

Are you selling gold jewelry? We are gold buyers